Safe Enterprises Retail Fixtures (NSE:SAFEENTP) Return-on-Tangible-Asset: 19.08% (As of Mar. 2026) — 52% Below Median

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NSE:SAFEENTP Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
21 GF Score
Price ₹247.50
! 3 Warning Signs
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What is Safe Enterprises Retail Fixtures Return-on-Tangible-Asset?

Safe Enterprises Retail Fixtures NSE:SAFEENTP -1.36% 21 Return-on-Tangible-Asset is 19.08% as of Mar. 2026, which is 52% below its 10-year median of 39.97. GuruFocus rates NSE:SAFEENTP with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Safe Enterprises Retail Fixtures ranks better than 99.31% 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. Safe Enterprises Retail Fixtures's annualized Net Income for the quarter that ended in Mar. 2026 was ₹612 Mil. Safe Enterprises Retail Fixtures's average total tangible assets for the quarter that ended in Mar. 2026 was ₹3,209 Mil. Therefore, Safe Enterprises Retail Fixtures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.08%.

The historical rank and industry rank for Safe Enterprises Retail Fixtures's Return-on-Tangible-Asset or its related term are showing as below:

NSE:SAFEENTP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 25.77   Med: 39.97   Max: 50.23
Current: 25.77

During the past 4 years, Safe Enterprises Retail Fixtures's highest Return-on-Tangible-Asset was 50.23%. The lowest was 25.77%. And the median was 39.97%.

NSE:SAFEENTP's Return-on-Tangible-Asset is ranked better than
99.31% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.335 vs NSE:SAFEENTP: 25.77

Safe Enterprises Retail Fixtures  (NSE:SAFEENTP) 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 company’s 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 company’s 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.


Safe Enterprises Retail Fixtures Return-on-Tangible-Asset Related Terms


Safe Enterprises Retail Fixtures Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Safe Enterprises Retail Fixtures'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.

Safe Enterprises Retail Fixtures Return-on-Tangible-Asset Chart

Safe Enterprises Retail Fixtures Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
30.69 49.24 50.23 30.46

Safe Enterprises Retail Fixtures Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 62.35 43.74 31.23 19.08

NSE:SAFEENTP vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Safe Enterprises Retail Fixtures'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.


Safe Enterprises Retail Fixtures Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Safe Enterprises Retail Fixtures's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Safe Enterprises Retail Fixtures's Return-on-Tangible-Asset falls into.


NSE:SAFEENTP
21GF Score
Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe Enterprises Retail Fixtures Return-on-Tangible-Asset Calculation

Safe Enterprises Retail Fixtures's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=638.583/( (1016.424+3177.109)/ 2 )
=638.583/2096.7665
=30.46 %

Safe Enterprises Retail Fixtures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=612.216/( (3241.624+3177.109)/ 2 )
=612.216/3209.3665
=19.08 %

* 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 19.08% mean?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a Return-on-Tangible-Asset of 19.08% 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 Safe Enterprises Retail Fixtures and its competitors. This is 52% below median its historical median of 39.97. Over the past decade, Safe Enterprises Retail Fixtures' Return-on-Tangible-Asset has ranged from 25.77 to 50.23. According to the industry distribution chart, Safe Enterprises Retail Fixtures ranks #3 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 0.7%.
Is Safe Enterprises Retail Fixtures' Return-on-Tangible-Asset too high?
Safe Enterprises Retail Fixtures' current Return-on-Tangible-Asset of 19.08% is 52% below median its 10-year median of 39.97. Over the past 10 years, this metric has ranged from a low of 25.77 to a high of 50.23. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.34. Safe Enterprises Retail Fixtures' value of 19.08% is 717.1% above this industry median. Based on the distribution chart, Safe Enterprises Retail Fixtures ranks #3 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Safe Enterprises Retail Fixtures has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Safe Enterprises Retail Fixtures' Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Safe Enterprises Retail Fixtures ranks #3 out of 434 companies for Return-on-Tangible-Asset. This places Safe Enterprises Retail Fixtures in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.34. Safe Enterprises Retail Fixtures' value of 19.08% is 717.1% above this benchmark. Historically, Safe Enterprises Retail Fixtures' own Return-on-Tangible-Asset has ranged from 25.77 to 50.23 over the past decade. While the company's 10-year median is 39.97 vs. the industry median of 2.34, Safe Enterprises Retail Fixtures 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 a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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. Safe Enterprises Retail Fixtures's current Return-on-Tangible-Asset of 19.08% is 717.1% 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 Safe Enterprises Retail Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Enterprises Retail Fixtures's current Return-on-Tangible-Asset is 19.08%, which is 52% below median its own 10-year median of 39.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Enterprises Retail Fixtures stock overvalued right now?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a current Return-on-Tangible-Asset of 19.08%. The current Return-on-Tangible-Asset is 19.08%, which is 52% below median its 10-year median of 39.97 and 717.1% above the Furnishings, Fixtures & Appliances industry median of 2.34. Safe Enterprises Retail Fixtures' overall GF Score™ is 21/100 with 3 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 Safe Enterprises Retail Fixtures (NSE:SAFEENTP), the current Return-on-Tangible-Asset is 19.08% 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.

Safe Enterprises Retail Fixtures Business Description

Address Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane, MH, IND, 400703
Safe Enterprises Retail Fixtures Ltd is engaged in designing, manufacturing, supplying, and installing shop fittings and retail fixtures, offering a wide range of customized in-store solutions across retail segments such as fashion & apparels, electronics, and departmental stores. The company provides merchandising solutions addressing challenges retailers and brand marketers face in display, placement, storage, and safety of products, providing shop fitting solutions from conceptual design and prototyping to manufacturing and installation, tailored to meet customer needs. It also offers shop fittings, including modular, electrified fittings that integrate with digital technologies such as LED lighting, digital screens, and display stands.
21GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹247.50
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