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 TechnologiesNSE:TATATECH -0.49%66 Return-on-Tangible-Asset is 10.07% as of Jun. 2026, which is 28% below its 10-year median of 13.93. GuruFocus rates NSE:TATATECH with a GF Score™ of 66/100 and a GF Value™ of ₹849.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,893 Software companies, Tata Technologies ranks better than 72.28% 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 Technologies's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹7,230 Mil. Tata Technologies's average total tangible assets for the quarter that ended in Jun. 2026 was ₹71,801 Mil. Therefore, Tata Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.07%.
The historical rank and industry rank for Tata Technologies's Return-on-Tangible-Asset or its related term are showing as below:
NSE:TATATECH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.43 Med: 13.93 Max: 15.88
Current: 8.69
During the past 7 years, Tata Technologies's highest Return-on-Tangible-Asset was 15.88%. The lowest was 8.43%. And the median was 13.93%.
NSE:TATATECH's Return-on-Tangible-Asset is ranked better than 72.28% of 2893
companies
in the Software industry
Industry Median: 2.06
vs NSE:TATATECH: 8.69
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 Technologies Return-on-Tangible-Asset Related Terms
Tata Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tata Technologies'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:TATATECH vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Tata Technologies'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 Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Tata Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tata Technologies'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 10.07% mean?
Tata Technologies (NSE:TATATECH) has a Return-on-Tangible-Asset of 10.07% 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 Technologies and its competitors. This is 28% below median its historical median of 13.93. Over the past decade, Tata Technologies' Return-on-Tangible-Asset has ranged from 8.43 to 15.88. According to the industry distribution chart, Tata Technologies ranks #802 out of 2893 companies in the Software industry, placing it in the top 27.7%.
Is Tata Technologies' Return-on-Tangible-Asset too high?
Tata Technologies' current Return-on-Tangible-Asset of 10.07% is 28% below median its 10-year median of 13.93. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 15.88. The Software industry median Return-on-Tangible-Asset is 2.06. Tata Technologies' value of 10.07% is 388.8% above this industry median. Based on the distribution chart, Tata Technologies ranks #802 out of 2893 companies in the Software industry, which is above the industry midpoint. Overall, Tata Technologies has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Technologies' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Tata Technologies ranks #802 out of 2893 companies for Return-on-Tangible-Asset. This puts Tata Technologies in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.06. Tata Technologies' value of 10.07% is 388.8% above this benchmark. Historically, Tata Technologies' own Return-on-Tangible-Asset has ranged from 8.43 to 15.88 over the past decade. While the company's 10-year median is 13.93 vs. the industry median of 2.06, Tata Technologies 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,893 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 Technologies's current Return-on-Tangible-Asset of 10.07% is 388.8% 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 Tata Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Technologies's current Return-on-Tangible-Asset is 10.07%, which is 28% below median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Technologies stock overvalued right now?
Based on GuruFocus' analysis, Tata Technologies (NSE:TATATECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹849.04, compared to a current price of ₹747.65 — trading 11.9% below its estimated fair value. The current Return-on-Tangible-Asset is 10.07%, which is 28% below median its 10-year median of 13.93 and 388.8% above the Software industry median of 2.06. Tata Technologies' overall GF Score™ is 66/100 with 7 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 Technologies (NSE:TATATECH), the current Return-on-Tangible-Asset is 10.07% 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 Technologies (NSE:TATATECH) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Technologies stock appears to be undervalued.
The current stock price of ₹747.65 is trading 11.9% below its estimated GF Value™ of ₹849.04.
GuruFocus considers Tata Technologies to be Modestly Undervalued.
Key valuation signals for NSE:TATATECH:
Return-on-Tangible-Asset: 10.07% (28% below median its 10-year median of 13.93)
GF Value™: ₹849.04 vs. price of ₹747.65 (11.9% below fair value)
Industry Position: 388.8% above the Software median (#802 of 2893)
No single metric tells the full story. See the NSE:TATATECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Technologies Ltd is an engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries. The company's reportable segments are; Services, and Technology Solutions. A majority of its revenue is generated from the Services segment which includes providing outsourced engineering and designing services and digital transformation services to manufacturing clients. It generates revenue from India, North America, Europe, the United Kingdom, and other regions.
66GF Score
Get the complete analysis for NSE:TATATECH
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:TATATECH has been successfully added to your 
