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Shivalik Bimetal ControlsNSE:SBCL +19.99%91 Return-on-Tangible-Asset is 16.53% as of Mar. 2026, which is 4% above its 10-year median of 15.86. GuruFocus rates NSE:SBCL with a GF Score™ of 91/100 and a GF Value™ of ₹630.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Shivalik Bimetal Controls ranks better than 95.25% 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. Shivalik Bimetal Controls's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,042 Mil. Shivalik Bimetal Controls's average total tangible assets for the quarter that ended in Mar. 2026 was ₹6,304 Mil. Therefore, Shivalik Bimetal Controls's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.53%.
The historical rank and industry rank for Shivalik Bimetal Controls's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SBCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.06 Med: 15.86 Max: 22.95
Current: 16.87
During the past 13 years, Shivalik Bimetal Controls's highest Return-on-Tangible-Asset was 22.95%. The lowest was 7.06%. And the median was 15.86%.
NSE:SBCL's Return-on-Tangible-Asset is ranked better than 95.25% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs NSE:SBCL: 16.87
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.
Shivalik Bimetal Controls Return-on-Tangible-Asset Related Terms
Shivalik Bimetal Controls Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shivalik Bimetal Controls'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.
NSE:SBCL vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Shivalik Bimetal Controls'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.
Shivalik Bimetal Controls Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivalik Bimetal Controls's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shivalik Bimetal Controls'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.53% mean?
Shivalik Bimetal Controls (NSE:SBCL) has a Return-on-Tangible-Asset of 16.53% 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 Shivalik Bimetal Controls and its competitors. This is near median its historical median of 15.86. Over the past decade, Shivalik Bimetal Controls' Return-on-Tangible-Asset has ranged from 7.06 to 22.95. According to the industry distribution chart, Shivalik Bimetal Controls ranks #146 out of 3074 companies in the Industrial Products industry, placing it in the top 4.7%.
Is Shivalik Bimetal Controls' Return-on-Tangible-Asset too high?
Shivalik Bimetal Controls' current Return-on-Tangible-Asset of 16.53% is near median its 10-year median of 15.86. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 22.95. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Shivalik Bimetal Controls' value of 16.53% is 408.6% above this industry median. Based on the distribution chart, Shivalik Bimetal Controls ranks #146 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shivalik Bimetal Controls has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shivalik Bimetal Controls' Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shivalik Bimetal Controls ranks #146 out of 3074 companies for Return-on-Tangible-Asset. This places Shivalik Bimetal Controls in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.25. Shivalik Bimetal Controls' value of 16.53% is 408.6% above this benchmark. Historically, Shivalik Bimetal Controls' own Return-on-Tangible-Asset has ranged from 7.06 to 22.95 over the past decade. While the company's 10-year median is 15.86 vs. the industry median of 3.25, Shivalik Bimetal Controls 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 3.25, based on 3,074 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. Shivalik Bimetal Controls's current Return-on-Tangible-Asset of 16.53% is 408.6% 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 Shivalik Bimetal Controls and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalik Bimetal Controls's current Return-on-Tangible-Asset is 16.53%, which is near median its own 10-year median of 15.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalik Bimetal Controls stock overvalued right now?
Based on GuruFocus' analysis, Shivalik Bimetal Controls (NSE:SBCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹630.45, compared to a current price of ₹920.90 — trading 46.1% above its estimated fair value. The current Return-on-Tangible-Asset is 16.53%, which is near median its 10-year median of 15.86 and 408.6% above the Industrial Products industry median of 3.25. Shivalik Bimetal Controls' overall GF Score™ is 91/100 with 6 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 Shivalik Bimetal Controls (NSE:SBCL), the current Return-on-Tangible-Asset is 16.53% 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.
Is Shivalik Bimetal Controls (NSE:SBCL) Overvalued in 2026?
Based on GuruFocus' analysis, Shivalik Bimetal Controls stock appears to be overvalued.
The current stock price of ₹920.90 is trading 46.1% above its estimated GF Value™ of ₹630.45.
GuruFocus considers Shivalik Bimetal Controls to be Significantly Overvalued.
Key valuation signals for NSE:SBCL:
Return-on-Tangible-Asset: 16.53% (near median its 10-year median of 15.86)
GF Value™: ₹630.45 vs. price of ₹920.90 (46.1% above fair value)
Industry Position: 408.6% above the Industrial Products median (#146 of 3074)
No single metric tells the full story. See the NSE:SBCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivalik Bimetal Controls Ltd is an integrated manufacturer and seller of thermostatic bimetal/tri-metal strips, components, EB-welded products, cold-bonded bimetal strips, and parts. It operates in a single segment, Process and Product Engineering. It specializes in the joining of materials through various methods such as diffusion bonding/cladding, electron beam welding, and others. The company caters to various industry applications, which include Electronics, Automotive, Domestic Appliances, Industrial, Medical, Defence and Agriculture, and Animal Husbandry Appliances. Geographically, the firm generates maximum revenue from its business in India, and the rest from America, Europe, and other regions.
91GF Score
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