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Steel Strips WheelsNSE:SSWL +0.97%85 Return-on-Tangible-Asset is 7.25% as of Jun. 2026, which is 59% above its 10-year median of 4.56. GuruFocus rates NSE:SSWL with a GF Score™ of 85/100 and a GF Value™ of ₹270.53 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Steel Strips Wheels ranks better than 70.7% 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. Steel Strips Wheels's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹2,778 Mil. Steel Strips Wheels's average total tangible assets for the quarter that ended in Jun. 2026 was ₹38,307 Mil. Therefore, Steel Strips Wheels's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.25%.
The historical rank and industry rank for Steel Strips Wheels's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SSWL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.08 Med: 4.56 Max: 22.22
Current: 5.98
During the past 13 years, Steel Strips Wheels's highest Return-on-Tangible-Asset was 22.22%. The lowest was 1.08%. And the median was 4.56%.
NSE:SSWL's Return-on-Tangible-Asset is ranked better than 70.7% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.17
vs NSE:SSWL: 5.98
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.
Steel Strips Wheels Return-on-Tangible-Asset Related Terms
Steel Strips Wheels Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Steel Strips Wheels'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:SSWL vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Steel Strips Wheels'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.
Steel Strips Wheels Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Steel Strips Wheels'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 7.25% mean?
Steel Strips Wheels (NSE:SSWL) has a Return-on-Tangible-Asset of 7.25% 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 Steel Strips Wheels and its competitors. This is 59% above median its historical median of 4.56. Over the past decade, Steel Strips Wheels' Return-on-Tangible-Asset has ranged from 1.08 to 22.22. According to the industry distribution chart, Steel Strips Wheels ranks #390 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 29.3%.
Is Steel Strips Wheels' Return-on-Tangible-Asset too high?
Steel Strips Wheels' current Return-on-Tangible-Asset of 7.25% is 59% above median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 22.22. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.17. Steel Strips Wheels' value of 7.25% is 128.7% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #390 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #390 out of 1331 companies for Return-on-Tangible-Asset. This puts Steel Strips Wheels in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.17. Steel Strips Wheels' value of 7.25% is 128.7% above this benchmark. Historically, Steel Strips Wheels' own Return-on-Tangible-Asset has ranged from 1.08 to 22.22 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 3.17, Steel Strips Wheels 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 a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.17, based on 1,331 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. Steel Strips Wheels's current Return-on-Tangible-Asset of 7.25% is 128.7% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current Return-on-Tangible-Asset is 7.25%, which is 59% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹270.53, compared to a current price of ₹297.78 — trading 10.1% above its estimated fair value. The current Return-on-Tangible-Asset is 7.25%, which is 59% above median its 10-year median of 4.56 and 128.7% above the Vehicles & Parts industry median of 3.17. Steel Strips Wheels' overall GF Score™ is 85/100 with 8 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 Steel Strips Wheels (NSE:SSWL), the current Return-on-Tangible-Asset is 7.25% 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.
Is Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued.
The current stock price of ₹297.78 is trading 10.1% above its estimated GF Value™ of ₹270.53.
GuruFocus considers Steel Strips Wheels to be Fairly Valued.
Key valuation signals for NSE:SSWL:
Return-on-Tangible-Asset: 7.25% (59% above median its 10-year median of 4.56)
GF Value™: ₹270.53 vs. price of ₹297.78 (10.1% above fair value)
Industry Position: 128.7% above the Vehicles & Parts median (#390 of 1331)
No single metric tells the full story. See the NSE:SSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
85GF Score
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