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Royal Arc ElectrodesNSE:ROYALARC 19 Return-on-Tangible-Asset is 13.32% as of Mar. 2026, which is 2% below its 10-year median of 13.53. GuruFocus rates NSE:ROYALARC with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Royal Arc Electrodes ranks better than 71.57% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Royal Arc Electrodes's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹114.6 Mil. Royal Arc Electrodes's average total tangible assets for the quarter that ended in Mar. 2026 was ₹860.4 Mil. Therefore, Royal Arc Electrodes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.32%.
The historical rank and industry rank for Royal Arc Electrodes's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ROYALARC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5 Med: 13.53 Max: 25.25
Current: 6.66
During the past 5 years, Royal Arc Electrodes's highest Return-on-Tangible-Asset was 25.25%. The lowest was 5.00%. And the median was 13.53%.
NSE:ROYALARC's Return-on-Tangible-Asset is ranked better than 71.57% of 3078
companies
in the Industrial Products industry
Industry Median: 3.28
vs NSE:ROYALARC: 6.66
Royal Arc Electrodes (NSE:ROYALARC) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Royal Arc Electrodes Return-on-Tangible-Asset Related Terms
Royal Arc Electrodes Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Royal Arc Electrodes's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Royal Arc Electrodes Return-on-Tangible-Asset Chart
NSE:ROYALARC vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Royal Arc Electrodes's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Royal Arc Electrodes Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Royal Arc Electrodes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Royal Arc Electrodes's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 13.32% mean?
Royal Arc Electrodes (NSE:ROYALARC) has a Return-on-Tangible-Asset of 13.32% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Royal Arc Electrodes and its competitors. This is near median its historical median of 13.53. Over the past decade, Royal Arc Electrodes' Return-on-Tangible-Asset has ranged from 5.00 to 25.25. According to the industry distribution chart, Royal Arc Electrodes ranks #875 out of 3078 companies in the Industrial Products industry, placing it in the top 28.4%.
Is Royal Arc Electrodes' Return-on-Tangible-Asset too high?
Royal Arc Electrodes' current Return-on-Tangible-Asset of 13.32% is near median its 10-year median of 13.53. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 25.25. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Royal Arc Electrodes' value of 13.32% is 306.1% above this industry median. Based on the distribution chart, Royal Arc Electrodes ranks #875 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Royal Arc Electrodes has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Royal Arc Electrodes' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Royal Arc Electrodes ranks #875 out of 3078 companies for Return-on-Tangible-Asset. This puts Royal Arc Electrodes in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Royal Arc Electrodes' value of 13.32% is 306.1% above this benchmark. Historically, Royal Arc Electrodes' own Return-on-Tangible-Asset has ranged from 5.00 to 25.25 over the past decade. While the company's 10-year median is 13.53 vs. the industry median of 3.28, Royal Arc Electrodes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,078 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Arc Electrodes's current Return-on-Tangible-Asset of 13.32% is 306.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Royal Arc Electrodes and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Arc Electrodes's current Return-on-Tangible-Asset is 13.32%, which is near median its own 10-year median of 13.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Arc Electrodes stock overvalued right now?
Royal Arc Electrodes (NSE:ROYALARC) has a current Return-on-Tangible-Asset of 13.32%. The current Return-on-Tangible-Asset is 13.32%, which is near median its 10-year median of 13.53 and 306.1% above the Industrial Products industry median of 3.28. Royal Arc Electrodes' overall GF Score™ is 19/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Royal Arc Electrodes (NSE:ROYALARC), the current Return-on-Tangible-Asset is 13.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Royal Arc Electrodes Ltd is engaged in the business of manufacturing welding consumables such as welding electrodes, flux cored wire, MIG/TIG wires, which finds its application in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, etc. which are used in industries like railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom industries, thermal power stations, PEB sectors, etc. Further, the Company is also engaged in the business of trading ancillary/incidental products like wheels, electro slag, welding flux cored wire, electro slag strip cladding, saw flux, and TIG /MIG wires. It manufactures its products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloy powder, etc.
19GF Score
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