Teerth Gopicon (NSE:TGL) Return-on-Tangible-Asset: 3.89% (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:TGL Teerth Gopicon Ltd NSE:TGL
13 GF Score
Price ₹19.70
View Full Analysis

What is Teerth Gopicon Return-on-Tangible-Asset?

Teerth Gopicon NSE:TGL +0.25% 13 Return-on-Tangible-Asset is 3.89% as of Mar. 2025. GuruFocus rates NSE:TGL with a GF Score™ of 13/100.

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. Teerth Gopicon's annualized Net Income for the quarter that ended in Mar. 2025 was ₹66 Mil. Teerth Gopicon's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,708 Mil. Therefore, Teerth Gopicon's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.89%.

The historical rank and industry rank for Teerth Gopicon's Return-on-Tangible-Asset or its related term are showing as below:

NSE:TGL's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 3.05
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Teerth Gopicon  (NSE:TGL) 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 company’s 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 company’s 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.


Teerth Gopicon Return-on-Tangible-Asset Related Terms


Teerth Gopicon Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Teerth Gopicon'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.

Teerth Gopicon Return-on-Tangible-Asset Chart

Teerth Gopicon Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
1.49 0.41 3.78 12.60 8.48

Teerth Gopicon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 11.16 15.38 12.24 3.89

NSE:TGL vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Teerth Gopicon'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.


Teerth Gopicon Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Teerth Gopicon's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Teerth Gopicon's Return-on-Tangible-Asset falls into.


NSE:TGL
13GF Score
Teerth Gopicon Ltd NSE:TGL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teerth Gopicon Return-on-Tangible-Asset Calculation

Teerth Gopicon's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=128.4/( (1362.3+1666.595)/ 2 )
=128.4/1514.4475
=8.48 %

Teerth Gopicon's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=66.4/( (1749.2+1666.595)/ 2 )
=66.4/1707.8975
=3.89 %

* 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 two times the semi-annual (Mar. 2025) net income data.

What does a Return-on-Tangible-Asset of 3.89% mean?
Teerth Gopicon (NSE:TGL) has a Return-on-Tangible-Asset of 3.89% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Teerth Gopicon and its competitors.
Is Teerth Gopicon's Return-on-Tangible-Asset too high?
Teerth Gopicon's current Return-on-Tangible-Asset is 3.89%. The Construction industry median Return-on-Tangible-Asset is 3.05. Teerth Gopicon's value of 3.89% is 27.5% above this industry median. Overall, Teerth Gopicon has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Teerth Gopicon's Return-on-Tangible-Asset compare to PWR and FIX?
Teerth Gopicon's Return-on-Tangible-Asset of 3.89% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.05. Teerth Gopicon's value of 3.89% is 27.5% above this benchmark. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Teerth Gopicon's current Return-on-Tangible-Asset of 3.89% is 27.5% 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 Teerth Gopicon and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teerth Gopicon's current Return-on-Tangible-Asset is 3.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teerth Gopicon stock overvalued right now?
Teerth Gopicon (NSE:TGL) has a current Return-on-Tangible-Asset of 3.89%. The current Return-on-Tangible-Asset is 3.89% and 27.5% above the Construction industry median of 3.05. Teerth Gopicon's overall GF Score™ is 13/100. 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 Teerth Gopicon (NSE:TGL), the current Return-on-Tangible-Asset is 3.89% as of Mar. 2025. 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.

Teerth Gopicon Business Description

Address 204 Amar Metro, Near Balniketan Sangh, Pagnispaga, Indore, MP, IND, 452007
Teerth Gopicon Ltd is a construction company specializing in infrastructure projects such as roads, sewerage, water supply, and building works, mainly in Madhya Pradesh. The company also provides services in dams, canals, auditoriums, repair and renovation, overhead tanks, gabion works, compound walls, and water and sewage treatment plants. Recently, it expanded its business into renewable energy, focusing on solar projects, operating through two key segments: infrastructure and renewable energy.
13GF Score

Get the complete analysis for NSE:TGL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹19.70
Price