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Tembo Global IndustriesNSE:TEMBO +1.89%94 Return-on-Tangible-Asset is 9.21% as of Mar. 2026, which is 71% above its 10-year median of 5.39. GuruFocus rates NSE:TEMBO with a GF Score™ of 94/100 and a GF Value™ of ₹65.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,077 Industrial Products companies, Tembo Global Industries ranks better than 88.14% 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. Tembo Global Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,203 Mil. Tembo Global Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹13,056 Mil. Therefore, Tembo Global Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.21%.
The historical rank and industry rank for Tembo Global Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:TEMBO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.64 Med: 5.39 Max: 14.87
Current: 11.23
During the past 13 years, Tembo Global Industries's highest Return-on-Tangible-Asset was 14.87%. The lowest was 3.64%. And the median was 5.39%.
NSE:TEMBO's Return-on-Tangible-Asset is ranked better than 88.14% of 3077
companies
in the Industrial Products industry
Industry Median: 3.31
vs NSE:TEMBO: 11.23
Tembo Global Industries (NSE:TEMBO) 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.
Tembo Global Industries Return-on-Tangible-Asset Related Terms
Tembo Global Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tembo Global Industries'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.
Tembo Global Industries Return-on-Tangible-Asset Chart
NSE:TEMBO vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Tembo Global Industries'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.
Tembo Global Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tembo Global Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tembo Global Industries'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.21% mean?
Tembo Global Industries (NSE:TEMBO) has a Return-on-Tangible-Asset of 9.21% 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 Tembo Global Industries and its competitors. This is 71% above median its historical median of 5.39. Over the past decade, Tembo Global Industries' Return-on-Tangible-Asset has ranged from 3.64 to 14.87. According to the industry distribution chart, Tembo Global Industries ranks #365 out of 3077 companies in the Industrial Products industry, placing it in the top 11.9%.
Is Tembo Global Industries' Return-on-Tangible-Asset too high?
Tembo Global Industries' current Return-on-Tangible-Asset of 9.21% is 71% above median its 10-year median of 5.39. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 14.87. The Industrial Products industry median Return-on-Tangible-Asset is 3.31. Tembo Global Industries' value of 9.21% is 178.2% above this industry median. Based on the distribution chart, Tembo Global Industries ranks #365 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tembo Global Industries has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tembo Global Industries' Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Tembo Global Industries ranks #365 out of 3077 companies for Return-on-Tangible-Asset. This places Tembo Global Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Tembo Global Industries' value of 9.21% is 178.2% above this benchmark. Historically, Tembo Global Industries' own Return-on-Tangible-Asset has ranged from 3.64 to 14.87 over the past decade. While the company's 10-year median is 5.39 vs. the industry median of 3.31, Tembo Global Industries 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 3.31, based on 3,077 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. Tembo Global Industries's current Return-on-Tangible-Asset of 9.21% is 178.2% 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 Tembo Global Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tembo Global Industries's current Return-on-Tangible-Asset is 9.21%, which is 71% above 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 Tembo Global Industries stock overvalued right now?
Based on GuruFocus' analysis, Tembo Global Industries (NSE:TEMBO) is currently considered Fairly Valued. The stock's GF Value™ is ₹65.42, compared to a current price of ₹62.10 — trading 5.1% below its estimated fair value. The current Return-on-Tangible-Asset is 9.21%, which is 71% above median its 10-year median of 5.39 and 178.2% above the Industrial Products industry median of 3.31. Tembo Global Industries' overall GF Score™ is 94/100 with 6 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 Tembo Global Industries (NSE:TEMBO), the current Return-on-Tangible-Asset is 9.21% 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.
Is Tembo Global Industries (NSE:TEMBO) Overvalued in 2026?
Based on GuruFocus' analysis, Tembo Global Industries stock appears to be undervalued.
The current stock price of ₹62.10 is trading 5.1% below its estimated GF Value™ of ₹65.42.
GuruFocus considers Tembo Global Industries to be Fairly Valued.
Key valuation signals for NSE:TEMBO:
Return-on-Tangible-Asset: 9.21% (71% above median its 10-year median of 5.39)
GF Value™: ₹65.42 vs. price of ₹62.10 (5.1% below fair value)
Industry Position: 178.2% above the Industrial Products median (#365 of 3077)
No single metric tells the full story. See the NSE:TEMBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tembo Global Industries Ltd manufactures and fabricates steel products for its application in Pipe Support Systems, HVAC Systems, Anti-vibration systems and Equipment for Industrial, Commercial, Utility, and OEM Installations. It also manufactures metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers, bathroom pipes, fittings, bathroom accessories and sanitary wares. The company operates in two business segment viz, Manufacturing of Engineering Products and Trading of Fabric and Textile Products. The majority of revenue from operations is derived from the domestic market.
94GF Score
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