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Standard Engineering TechnologyNSE:SETL -1.50%19 Return-on-Tangible-Asset is 8.63% as of Jun. 2026, which is 2% above its 10-year median of 8.45. GuruFocus rates NSE:SETL with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 3,080 Industrial Products companies, Standard Engineering Technology ranks better than 76.07% on this metric.
The historical rank and industry rank for Standard Engineering Technology's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SETL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.37 Med: 8.45 Max: 16.57
Current: 7.74
During the past 5 years, Standard Engineering Technology's highest Return-on-Tangible-Asset was 16.57%. The lowest was 7.37%. And the median was 8.45%.
NSE:SETL's Return-on-Tangible-Asset is ranked better than 76.07% of 3080
companies
in the Industrial Products industry
Industry Median: 3.395
vs NSE:SETL: 7.74
Standard Engineering Technology (NSE:SETL) 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.
Standard Engineering Technology Return-on-Tangible-Asset Related Terms
Standard Engineering Technology Return-on-Tangible-Asset Historical Data
* 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.
Standard Engineering Technology Return-on-Tangible-Asset Chart
NSE:SETL vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Standard Engineering Technology'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.
Standard Engineering Technology Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Standard Engineering Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Standard Engineering Technology'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.63% mean?
Standard Engineering Technology (NSE:SETL) has a Return-on-Tangible-Asset of 8.63% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Standard Engineering Technology and its competitors. This is near median its historical median of 8.45. Over the past decade, Standard Engineering Technology's Return-on-Tangible-Asset has ranged from 7.37 to 16.57. According to the industry distribution chart, Standard Engineering Technology ranks #737 out of 3080 companies in the Industrial Products industry, placing it in the top 23.9%.
Is Standard Engineering Technology's Return-on-Tangible-Asset too high?
Standard Engineering Technology's current Return-on-Tangible-Asset of 8.63% is near median its 10-year median of 8.45. Over the past 10 years, this metric has ranged from a low of 7.37 to a high of 16.57. The Industrial Products industry median Return-on-Tangible-Asset is 3.40. Standard Engineering Technology's value of 8.63% is 154.2% above this industry median. Based on the distribution chart, Standard Engineering Technology ranks #737 out of 3080 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Standard Engineering Technology has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Standard Engineering Technology's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Standard Engineering Technology ranks #737 out of 3080 companies for Return-on-Tangible-Asset. This places Standard Engineering Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.40. Standard Engineering Technology's value of 8.63% is 154.2% above this benchmark. Historically, Standard Engineering Technology's own Return-on-Tangible-Asset has ranged from 7.37 to 16.57 over the past decade. While the company's 10-year median is 8.45 vs. the industry median of 3.40, Standard Engineering Technology 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 3.40, based on 3,080 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. Standard Engineering Technology's current Return-on-Tangible-Asset of 8.63% is 154.2% 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 Standard Engineering Technology and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Engineering Technology's current Return-on-Tangible-Asset is 8.63%, which is near median its own 10-year median of 8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Engineering Technology stock overvalued right now?
Standard Engineering Technology (NSE:SETL) has a current Return-on-Tangible-Asset of 8.63%. The current Return-on-Tangible-Asset is 8.63%, which is near median its 10-year median of 8.45 and 154.2% above the Industrial Products industry median of 3.40. Standard Engineering Technology's overall GF Score™ is 19/100 with 7 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 Standard Engineering Technology (NSE:SETL), the current Return-on-Tangible-Asset is 8.63% as of Jun. 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.
Standard Engineering Technology Ltd specializes in the design and manufacture of glass-lined, stainless steel and high-alloy engineered process equipment. The company's product portfolio includes reactors, receivers, filter dryers, as well as PTPE-lined pipelines and fittings, and integrated solvent recovery systems. It serves the chemical, pharmaceutical, food, fertiliser nd biotechnology industries, supporting clients across a wide range of process applications.
19GF Score
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