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VA Tech WabagNSE:WABAG +2.63%74 Return-on-Tangible-Asset is 8.39% as of Mar. 2026, which is 155% above its 10-year median of 3.29. GuruFocus rates NSE:WABAG with a GF Score™ of 74/100 and a GF Value™ of ₹1,619.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,786 Construction companies, VA Tech Wabag ranks better than 72.34% 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. VA Tech Wabag's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,132 Mil. VA Tech Wabag's average total tangible assets for the quarter that ended in Mar. 2026 was ₹61,195 Mil. Therefore, VA Tech Wabag's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.39%.
The historical rank and industry rank for VA Tech Wabag's Return-on-Tangible-Asset or its related term are showing as below:
NSE:WABAG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.32 Med: 3.29 Max: 6.6
Current: 6.6
During the past 13 years, VA Tech Wabag's highest Return-on-Tangible-Asset was 6.60%. The lowest was 0.32%. And the median was 3.29%.
NSE:WABAG's Return-on-Tangible-Asset is ranked better than 72.34% of 1786
companies
in the Construction industry
Industry Median: 3.045
vs NSE:WABAG: 6.60
VA Tech Wabag (NSE:WABAG) 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.
VA Tech Wabag Return-on-Tangible-Asset Related Terms
VA Tech Wabag Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VA Tech Wabag'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:WABAG vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, VA Tech Wabag'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.
VA Tech Wabag Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, VA Tech Wabag's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VA Tech Wabag'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 8.39% mean?
VA Tech Wabag (NSE:WABAG) has a Return-on-Tangible-Asset of 8.39% 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 VA Tech Wabag and its competitors. This is 155% above median its historical median of 3.29. Over the past decade, VA Tech Wabag's Return-on-Tangible-Asset has ranged from 0.32 to 6.60. According to the industry distribution chart, VA Tech Wabag ranks #494 out of 1786 companies in the Construction industry, placing it in the top 27.7%.
Is VA Tech Wabag's Return-on-Tangible-Asset too high?
VA Tech Wabag's current Return-on-Tangible-Asset of 8.39% is 155% above median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 6.60. The Construction industry median Return-on-Tangible-Asset is 3.05. VA Tech Wabag's value of 8.39% is 175.5% above this industry median. Based on the distribution chart, VA Tech Wabag ranks #494 out of 1786 companies in the Construction industry, which is above the industry midpoint. Overall, VA Tech Wabag has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VA Tech Wabag's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, VA Tech Wabag ranks #494 out of 1786 companies for Return-on-Tangible-Asset. This puts VA Tech Wabag in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. VA Tech Wabag's value of 8.39% is 175.5% above this benchmark. Historically, VA Tech Wabag's own Return-on-Tangible-Asset has ranged from 0.32 to 6.60 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 3.05, VA Tech Wabag 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,786 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. VA Tech Wabag's current Return-on-Tangible-Asset of 8.39% is 175.5% 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 VA Tech Wabag 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. VA Tech Wabag's current Return-on-Tangible-Asset is 8.39%, which is 155% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VA Tech Wabag stock overvalued right now?
Based on GuruFocus' analysis, VA Tech Wabag (NSE:WABAG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,619.28, compared to a current price of ₹2,002.80 — trading 23.7% above its estimated fair value. The current Return-on-Tangible-Asset is 8.39%, which is 155% above median its 10-year median of 3.29 and 175.5% above the Construction industry median of 3.05. VA Tech Wabag's overall GF Score™ is 74/100 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 VA Tech Wabag (NSE:WABAG), the current Return-on-Tangible-Asset is 8.39% 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 VA Tech Wabag (NSE:WABAG) Overvalued in 2026?
Based on GuruFocus' analysis, VA Tech Wabag stock appears to be overvalued.
The current stock price of ₹2,002.80 is trading 23.7% above its estimated GF Value™ of ₹1,619.28.
GuruFocus considers VA Tech Wabag to be Modestly Overvalued.
Key valuation signals for NSE:WABAG:
Return-on-Tangible-Asset: 8.39% (155% above median its 10-year median of 3.29)
GF Value™: ₹1,619.28 vs. price of ₹2,002.80 (23.7% above fair value)
Industry Position: 175.5% above the Construction median (#494 of 1786)
No single metric tells the full story. See the NSE:WABAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VA Tech Wabag Ltd provides engineering solutions in the water treatment industry. The group is engaged in the construction and maintenance of water treatment plants. The company design completes and operates drinking water and wastewater plants for both the municipal and industrial sectors. The company offers sustained solutions for special customer needs through a comprehensive range of services and technologies. The company provides lifecycle solutions, including conceptualization, design, engineering, procurement, supply, installation, construction, and operations and maintenance services. It has two geographical operating segments which are India and Rest of world, where it makes majority of the revenue from India.
74GF Score
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