GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shivam Autotech Ltd (NSE:SHIVAMAUTO) » Definitions » Return-on-Tangible-Asset

Shivam Autotech (NSE:SHIVAMAUTO) Return-on-Tangible-Asset : -11.45% (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

What is Shivam Autotech 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. Shivam Autotech's annualized Net Income for the quarter that ended in Mar. 2025 was ₹-590 Mil. Shivam Autotech's average total tangible assets for the quarter that ended in Mar. 2025 was ₹5,156 Mil. Therefore, Shivam Autotech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -11.45%.

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

NSE:SHIVAMAUTO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.9   Med: -2.81   Max: 3.75
Current: -8.89

During the past 13 years, Shivam Autotech's highest Return-on-Tangible-Asset was 3.75%. The lowest was -8.90%. And the median was -2.81%.

NSE:SHIVAMAUTO's Return-on-Tangible-Asset is ranked worse than
89.8% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.035 vs NSE:SHIVAMAUTO: -8.89

Shivam Autotech Return-on-Tangible-Asset Historical Data

The historical data trend for Shivam Autotech'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.

Shivam Autotech Return-on-Tangible-Asset Chart

Shivam Autotech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.09 -2.34 -5.36 -8.22 -8.90

Shivam Autotech Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.55 -7.32 -8.21 -8.77 -11.45

Competitive Comparison of Shivam Autotech's Return-on-Tangible-Asset

For the Auto Parts subindustry, Shivam Autotech'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.


Shivam Autotech's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shivam Autotech's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Shivam Autotech Return-on-Tangible-Asset Calculation

Shivam Autotech's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=-480.419/( (5644.455+5155.586)/ 2 )
=-480.419/5400.0205
=-8.90 %

Shivam Autotech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-590.356/( (0+5155.586)/ 1 )
=-590.356/5155.586
=-11.45 %

* 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. 2025) net income data.


Shivam Autotech  (NSE:SHIVAMAUTO) 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.


Shivam Autotech Return-on-Tangible-Asset Related Terms

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


Shivam Autotech Business Description

Traded in Other Exchanges
Address
Golf Course Extension Road, 10, 1st Floor, Tower A, Sector 61, Emaar Digital Greens, Gurugram, HR, IND, 122102
Shivam Autotech Ltd is a manufacturer of transmission gears and shafts in India. The company produces a variety of auto transmission components mainly for Original Equipment Manufacturers (OEMs). Its product portfolio includes various types of transmission gears, transmission shafts, spline shafts, plungers, power train components, and employing cold. warm, and hot forging techniques. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.

Shivam Autotech Headlines

No Headlines