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Technocraft Industries (India)NSE:TIIL +0.48%93 Return-on-Tangible-Asset is 9.53% as of Mar. 2026, which is 1% above its 10-year median of 9.40. GuruFocus rates NSE:TIIL with a GF Score™ of 93/100 and a GF Value™ of ₹3,235.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,078 Industrial Products companies, Technocraft Industries (India) ranks better than 83.53% on this metric.
The historical rank and industry rank for Technocraft Industries (India)'s Return-on-Tangible-Asset or its related term are showing as below:
NSE:TIIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.17 Med: 9.4 Max: 13.81
Current: 9.34
During the past 13 years, Technocraft Industries (India)'s highest Return-on-Tangible-Asset was 13.81%. The lowest was 7.17%. And the median was 9.40%.
NSE:TIIL's Return-on-Tangible-Asset is ranked better than 83.53% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs NSE:TIIL: 9.34
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.
Technocraft Industries (India) Return-on-Tangible-Asset Related Terms
Technocraft Industries (India) Return-on-Tangible-Asset Historical Data
* 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:TIIL vs SNA, RBC, SWK: Return-on-Tangible-Asset Comparison
For the Tools & Accessories subindustry, Technocraft Industries (India)'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.
Technocraft Industries (India) Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Technocraft Industries (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Technocraft Industries (India)'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 9.53% mean?
Technocraft Industries (India) (NSE:TIIL) has a Return-on-Tangible-Asset of 9.53% 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 Technocraft Industries (India) and its competitors. This is near median its historical median of 9.40. Over the past decade, Technocraft Industries (India)'s Return-on-Tangible-Asset has ranged from 7.17 to 13.81. According to the industry distribution chart, Technocraft Industries (India) ranks #507 out of 3078 companies in the Industrial Products industry, placing it in the top 16.5%.
Is Technocraft Industries (India)'s Return-on-Tangible-Asset too high?
Technocraft Industries (India)'s current Return-on-Tangible-Asset of 9.53% is near median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 7.17 to a high of 13.81. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Technocraft Industries (India)'s value of 9.53% is 192.3% above this industry median. Based on the distribution chart, Technocraft Industries (India) ranks #507 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Technocraft Industries (India) has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Technocraft Industries (India)'s Return-on-Tangible-Asset compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Technocraft Industries (India) ranks #507 out of 3078 companies for Return-on-Tangible-Asset. This places Technocraft Industries (India) in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Technocraft Industries (India)'s value of 9.53% is 192.3% above this benchmark. Historically, Technocraft Industries (India)'s own Return-on-Tangible-Asset has ranged from 7.17 to 13.81 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 3.26, Technocraft Industries (India) 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 3.26, based on 3,078 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. Technocraft Industries (India)'s current Return-on-Tangible-Asset of 9.53% is 192.3% 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 Technocraft Industries (India) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technocraft Industries (India)'s current Return-on-Tangible-Asset is 9.53%, which is near median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technocraft Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Technocraft Industries (India) (NSE:TIIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,235.79, compared to a current price of ₹2,556.30 — trading 21% below its estimated fair value. The current Return-on-Tangible-Asset is 9.53%, which is near median its 10-year median of 9.40 and 192.3% above the Industrial Products industry median of 3.26. Technocraft Industries (India)'s overall GF Score™ is 93/100 with 3 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 Technocraft Industries (India) (NSE:TIIL), the current Return-on-Tangible-Asset is 9.53% 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 Technocraft Industries (India) (NSE:TIIL) Overvalued in 2026?
Based on GuruFocus' analysis, Technocraft Industries (India) stock appears to be undervalued.
The current stock price of ₹2,556.30 is trading 21% below its estimated GF Value™ of ₹3,235.79.
GuruFocus considers Technocraft Industries (India) to be Modestly Undervalued.
Key valuation signals for NSE:TIIL:
Return-on-Tangible-Asset: 9.53% (near median its 10-year median of 9.40)
GF Value™: ₹3,235.79 vs. price of ₹2,556.30 (21% below fair value)
Industry Position: 192.3% above the Industrial Products median (#507 of 3078)
No single metric tells the full story. See the NSE:TIIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technocraft Industries (India) Ltd is a multi-product manufacturing company that manufactures high precision and sophisticated products, mainly for discerning overall markets. Its products and services are Drum Closures, Tubes and Scaffoldings, Form Works, Tower Division, Cotton Yarn, Fabrics, Garments, and Engineering Services. The company's segments include The Group has identified Drum Closures, Scaffoldings, Yarn, Fabric, Engineering & Design & Others. Maximum revenue is derived from its scaffolding division. Geographically, the company caters to both Indian and international markets, of which, maximum revenue is derived from its customers located outside India.
93GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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