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Swelect Energy SystemsNSE:SWELECTES +0.02%81 Return-on-Tangible-Asset is 1.43% as of Jun. 2026, which is 38% below its 10-year median of 2.30. GuruFocus rates NSE:SWELECTES with a GF Score™ of 81/100 and a GF Value™ of ₹871.88 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,033 Semiconductors companies, Swelect Energy Systems ranks worse than 54.02% 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. Swelect Energy Systems's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹283 Mil. Swelect Energy Systems's average total tangible assets for the quarter that ended in Jun. 2026 was ₹19,758 Mil. Therefore, Swelect Energy Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.43%.
The historical rank and industry rank for Swelect Energy Systems's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SWELECTES'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.17 Med: 2.3 Max: 4.27
Current: 2.37
During the past 13 years, Swelect Energy Systems's highest Return-on-Tangible-Asset was 4.27%. The lowest was -1.17%. And the median was 2.30%.
NSE:SWELECTES's Return-on-Tangible-Asset is ranked worse than 54.02% of 1033
companies
in the Semiconductors industry
Industry Median: 3.4
vs NSE:SWELECTES: 2.37
Swelect Energy Systems (NSE:SWELECTES) 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.
Swelect Energy Systems Return-on-Tangible-Asset Related Terms
Swelect Energy Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Swelect Energy Systems'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.
Swelect Energy Systems Return-on-Tangible-Asset Chart
NSE:SWELECTES vs FSLR, NXT, ENPH: Return-on-Tangible-Asset Comparison
For the Solar subindustry, Swelect Energy Systems'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.
Swelect Energy Systems Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Swelect Energy Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Swelect Energy Systems'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 1.43% mean?
Swelect Energy Systems (NSE:SWELECTES) has a Return-on-Tangible-Asset of 1.43% 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 Swelect Energy Systems and its competitors. This is 38% below median its historical median of 2.30. According to the industry distribution chart, Swelect Energy Systems ranks #558 out of 1033 companies in the Semiconductors industry, placing it in the top 54%.
Is Swelect Energy Systems' Return-on-Tangible-Asset too high?
Swelect Energy Systems' current Return-on-Tangible-Asset of 1.43% is 38% below median its 10-year median of 2.30. The Semiconductors industry median Return-on-Tangible-Asset is 3.40. Swelect Energy Systems' value of 1.43% is 57.9% below this industry median. Based on the distribution chart, Swelect Energy Systems ranks #558 out of 1033 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Swelect Energy Systems has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swelect Energy Systems' Return-on-Tangible-Asset compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Swelect Energy Systems ranks #558 out of 1033 companies for Return-on-Tangible-Asset. This places Swelect Energy Systems in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Swelect Energy Systems' value of 1.43% is 57.9% below this benchmark. While the company's 10-year median is 2.30 vs. the industry median of 3.40, Swelect Energy Systems has consistently been below 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.40, based on 1,033 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. Swelect Energy Systems's current Return-on-Tangible-Asset of 1.43% is 57.9% below 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 Swelect Energy Systems and its competitors. For the Semiconductors 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. Swelect Energy Systems's current Return-on-Tangible-Asset is 1.43%, which is 38% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swelect Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Swelect Energy Systems (NSE:SWELECTES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹871.88, compared to a current price of ₹608.90 — trading 30.2% below its estimated fair value. The current Return-on-Tangible-Asset is 1.43%, which is 38% below median its 10-year median of 2.30 and 57.9% below the Semiconductors industry median of 3.40. Swelect Energy Systems' overall GF Score™ is 81/100 with 4 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 Swelect Energy Systems (NSE:SWELECTES), the current Return-on-Tangible-Asset is 1.43% 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 Swelect Energy Systems (NSE:SWELECTES) Overvalued in 2026?
Based on GuruFocus' analysis, Swelect Energy Systems stock appears to be undervalued.
The current stock price of ₹608.90 is trading 30.2% below its estimated GF Value™ of ₹871.88.
GuruFocus considers Swelect Energy Systems to be Possible Value Trap.
Key valuation signals for NSE:SWELECTES:
Return-on-Tangible-Asset: 1.43% (38% below median its 10-year median of 2.30)
GF Value™: ₹871.88 vs. price of ₹608.90 (30.2% below fair value)
Industry Position: 57.9% below the Semiconductors median (#558 of 1033)
No single metric tells the full story. See the NSE:SWELECTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swelect Energy Systems Ltd is engaged in the business of manufacturing and trading Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, and others. The company operates under one business segment: Solar and Solar-related activities. Geographically, it derives a majority of its revenue from India.
81GF Score
Get the complete analysis for NSE:SWELECTES
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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