GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SAR Televenture Ltd (NSE:SARTELE) » Definitions » Return-on-Tangible-Asset

SAR Televenture (NSE:SARTELE) Return-on-Tangible-Asset : 8.94% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is SAR Televenture Return-on-Tangible-Asset?

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. SAR Televenture's annualized Net Income for the quarter that ended in Dec. 2024 was ₹514 Mil. SAR Televenture's average total tangible assets for the quarter that ended in Dec. 2024 was ₹5,748 Mil. Therefore, SAR Televenture's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 8.94%.

The historical rank and industry rank for SAR Televenture's Return-on-Tangible-Asset or its related term are showing as below:

NSE:SARTELE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.87   Med: 6.06   Max: 27.41
Current: 6.62

During the past 4 years, SAR Televenture's highest Return-on-Tangible-Asset was 27.41%. The lowest was -1.87%. And the median was 6.06%.

NSE:SARTELE's Return-on-Tangible-Asset is ranked better than
69.05% of 378 companies
in the Telecommunication Services industry
Industry Median: 3.11 vs NSE:SARTELE: 6.62

SAR Televenture Return-on-Tangible-Asset Historical Data

The historical data trend for SAR Televenture'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.

* Premium members only.

SAR Televenture Return-on-Tangible-Asset Chart

SAR Televenture Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
-1.87 1.34 27.41 10.78

SAR Televenture Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 19.75 23.02 17.26 - 8.94

Competitive Comparison of SAR Televenture's Return-on-Tangible-Asset

For the Telecom Services subindustry, SAR Televenture'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.


SAR Televenture's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SAR Televenture's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where SAR Televenture's Return-on-Tangible-Asset falls into.


;
;

SAR Televenture Return-on-Tangible-Asset Calculation

SAR Televenture's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=156.617/( (242.244+2664.188)/ 2 )
=156.617/1453.216
=10.78 %

SAR Televenture's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=514.04/( (5747.752+0)/ 1 )
=514.04/5747.752
=8.94 %

* 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 four times the quarterly (Dec. 2024) net income data.


SAR Televenture  (NSE:SARTELE) 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.


SAR Televenture Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of SAR Televenture's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


SAR Televenture Business Description

Traded in Other Exchanges
N/A
Address
B-16, First floor, Sector 2, Noida, UP, IND, 201301
SAR Televenture Ltd is a passive telecommunication infrastructure-providing company in the business of installing and commissioning telecom towers in India. The company is engaged in General construction (including alteration, addition, repair, and maintenance) of 4G & 5G Networks Towers, carried out on an own-account basis or a fee or contract basis.

SAR Televenture Headlines

No Headlines