Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tata CommunicationsNSE:TATACOMM +2.44%80 Return-on-Tangible-Asset is 2.36% as of Jun. 2026, which is 56% below its 10-year median of 5.39. GuruFocus rates NSE:TATACOMM with a GF Score™ of 80/100 and a GF Value™ of ₹2,028.44 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 368 Telecommunication Services companies, Tata Communications ranks better than 53.8% 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. Tata Communications's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹5,369 Mil. Tata Communications's average total tangible assets for the quarter that ended in Jun. 2026 was ₹227,597 Mil. Therefore, Tata Communications's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.36%.
The historical rank and industry rank for Tata Communications's Return-on-Tangible-Asset or its related term are showing as below:
NSE:TATACOMM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.75 Med: 5.39 Max: 9.78
Current: 4.24
During the past 13 years, Tata Communications's highest Return-on-Tangible-Asset was 9.78%. The lowest was -1.75%. And the median was 5.39%.
NSE:TATACOMM's Return-on-Tangible-Asset is ranked better than 53.8% of 368
companies
in the Telecommunication Services industry
Industry Median: 3.45
vs NSE:TATACOMM: 4.24
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.
Tata Communications Return-on-Tangible-Asset Related Terms
Tata Communications Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tata Communications'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:TATACOMM vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Tata Communications'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.
Tata Communications Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Tata Communications's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tata Communications'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 2.36% mean?
Tata Communications (NSE:TATACOMM) has a Return-on-Tangible-Asset of 2.36% 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 Tata Communications and its competitors. This is 56% below median its historical median of 5.39. According to the industry distribution chart, Tata Communications ranks #170 out of 368 companies in the Telecommunication Services industry, placing it in the top 46.2%.
Is Tata Communications' Return-on-Tangible-Asset too high?
Tata Communications' current Return-on-Tangible-Asset of 2.36% is 56% below median its 10-year median of 5.39. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.45. Tata Communications' value of 2.36% is 31.6% below this industry median. Based on the distribution chart, Tata Communications ranks #170 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Tata Communications has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Communications' Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Tata Communications ranks #170 out of 368 companies for Return-on-Tangible-Asset. This puts Tata Communications in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.45. Tata Communications' value of 2.36% is 31.6% below this benchmark. While the company's 10-year median is 5.39 vs. the industry median of 3.45, Tata Communications 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.45, based on 368 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. Tata Communications's current Return-on-Tangible-Asset of 2.36% is 31.6% 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 Tata Communications and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Communications's current Return-on-Tangible-Asset is 2.36%, which is 56% below median its own 10-year median of 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Communications stock overvalued right now?
Based on GuruFocus' analysis, Tata Communications (NSE:TATACOMM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,028.44, compared to a current price of ₹1,689.60 — trading 16.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.36%, which is 56% below median its 10-year median of 5.39 and 31.6% below the Telecommunication Services industry median of 3.45. Tata Communications' overall GF Score™ is 80/100 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 Tata Communications (NSE:TATACOMM), the current Return-on-Tangible-Asset is 2.36% 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 Tata Communications (NSE:TATACOMM) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Communications stock appears to be undervalued.
The current stock price of ₹1,689.60 is trading 16.7% below its estimated GF Value™ of ₹2,028.44.
GuruFocus considers Tata Communications to be Modestly Undervalued.
Key valuation signals for NSE:TATACOMM:
Return-on-Tangible-Asset: 2.36% (56% below median its 10-year median of 5.39)
GF Value™: ₹2,028.44 vs. price of ₹1,689.60 (16.7% below fair value)
Industry Position: 31.6% below the Telecommunication Services median (#170 of 368)
No single metric tells the full story. See the NSE:TATACOMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Communications Ltd offers international and national voice and data transmission services, selling and leasing of bandwidth on undersea cable systems, internet connectivity services, and other value-added services comprising unified conferencing and collaboration services, managed hosting, mobile roaming and signalling services, transponder lease, television uplinking and other managed services, data center colocation services, network management and support, and other related services. The Group also undertakes leasing, letting out, licensing or developing immovable properties to earn income, including rental, lease and license income from land and buildings. Its segments are Data Services, Voice Solutions, and Real Estate, with Data Services generating maximum revenue.
80GF Score
Get the complete analysis for NSE:TATACOMM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:TATACOMM has been successfully added to your 
