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Shivalic Power ControlNSE:SPCL -1.45%46 Return-on-Tangible-Asset is 7.88% as of Mar. 2026, which is 16% below its 10-year median of 9.38. GuruFocus rates NSE:SPCL with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 3,073 Industrial Products companies, Shivalic Power Control ranks better than 76.64% 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. Shivalic Power Control's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹132 Mil. Shivalic Power Control's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,676 Mil. Therefore, Shivalic Power Control's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.88%.
The historical rank and industry rank for Shivalic Power Control's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SPCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.38 Med: 9.38 Max: 15.08
Current: 7.61
During the past 6 years, Shivalic Power Control's highest Return-on-Tangible-Asset was 15.08%. The lowest was 1.38%. And the median was 9.38%.
NSE:SPCL's Return-on-Tangible-Asset is ranked better than 76.64% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs NSE:SPCL: 7.61
Shivalic Power Control (NSE:SPCL) 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.
Shivalic Power Control Return-on-Tangible-Asset Related Terms
Shivalic Power Control Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shivalic Power Control'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.
Shivalic Power Control Return-on-Tangible-Asset Chart
NSE:SPCL vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Shivalic Power Control'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.
Shivalic Power Control Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivalic Power Control's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shivalic Power Control'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.88% mean?
Shivalic Power Control (NSE:SPCL) has a Return-on-Tangible-Asset of 7.88% 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 Shivalic Power Control and its competitors. This is 16% below median its historical median of 9.38. Over the past decade, Shivalic Power Control's Return-on-Tangible-Asset has ranged from 1.38 to 15.08. According to the industry distribution chart, Shivalic Power Control ranks #718 out of 3073 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Shivalic Power Control's Return-on-Tangible-Asset too high?
Shivalic Power Control's current Return-on-Tangible-Asset of 7.88% is 16% below median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 15.08. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Shivalic Power Control's value of 7.88% is 143.2% above this industry median. Based on the distribution chart, Shivalic Power Control ranks #718 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shivalic Power Control has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Shivalic Power Control's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shivalic Power Control ranks #718 out of 3073 companies for Return-on-Tangible-Asset. This places Shivalic Power Control in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Shivalic Power Control's value of 7.88% is 143.2% above this benchmark. Historically, Shivalic Power Control's own Return-on-Tangible-Asset has ranged from 1.38 to 15.08 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 3.24, Shivalic Power Control 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 3.24, based on 3,073 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. Shivalic Power Control's current Return-on-Tangible-Asset of 7.88% is 143.2% 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 Shivalic Power Control and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalic Power Control's current Return-on-Tangible-Asset is 7.88%, which is 16% below median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalic Power Control stock overvalued right now?
Shivalic Power Control (NSE:SPCL) has a current Return-on-Tangible-Asset of 7.88%. The current Return-on-Tangible-Asset is 7.88%, which is 16% below median its 10-year median of 9.38 and 143.2% above the Industrial Products industry median of 3.24. Shivalic Power Control's overall GF Score™ is 46/100 with 5 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 Shivalic Power Control (NSE:SPCL), the current Return-on-Tangible-Asset is 7.88% 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.
Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.
46GF Score
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