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Welspun EnterprisesNSE:WELENT -2.35%86 Return-on-Tangible-Asset is 2.58% as of Jun. 2026, which is 48% below its 10-year median of 4.99. GuruFocus rates NSE:WELENT with a GF Score™ of 86/100 and a GF Value™ of ₹510.30 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,787 Construction companies, Welspun Enterprises ranks better than 61.33% 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. Welspun Enterprises's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,861 Mil. Welspun Enterprises's average total tangible assets for the quarter that ended in Jun. 2026 was ₹72,029 Mil. Therefore, Welspun Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.58%.
The historical rank and industry rank for Welspun Enterprises's Return-on-Tangible-Asset or its related term are showing as below:
NSE:WELENT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.33 Med: 4.99 Max: 15.83
Current: 4.73
During the past 13 years, Welspun Enterprises's highest Return-on-Tangible-Asset was 15.83%. The lowest was 0.33%. And the median was 4.99%.
NSE:WELENT's Return-on-Tangible-Asset is ranked better than 61.33% of 1787
companies
in the Construction industry
Industry Median: 3.08
vs NSE:WELENT: 4.73
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.
Welspun Enterprises Return-on-Tangible-Asset Related Terms
Welspun Enterprises Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Welspun Enterprises'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:WELENT vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Welspun Enterprises'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.
Welspun Enterprises Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Welspun Enterprises's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Welspun Enterprises'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 2.58% mean?
Welspun Enterprises (NSE:WELENT) has a Return-on-Tangible-Asset of 2.58% 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 Welspun Enterprises and its competitors. This is 48% below median its historical median of 4.99. Over the past decade, Welspun Enterprises' Return-on-Tangible-Asset has ranged from 0.33 to 15.83. According to the industry distribution chart, Welspun Enterprises ranks #691 out of 1787 companies in the Construction industry, placing it in the top 38.7%.
Is Welspun Enterprises' Return-on-Tangible-Asset too high?
Welspun Enterprises' current Return-on-Tangible-Asset of 2.58% is 48% below median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 15.83. The Construction industry median Return-on-Tangible-Asset is 3.08. Welspun Enterprises' value of 2.58% is 16.2% below this industry median. Based on the distribution chart, Welspun Enterprises ranks #691 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Welspun Enterprises has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welspun Enterprises' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Welspun Enterprises ranks #691 out of 1787 companies for Return-on-Tangible-Asset. This puts Welspun Enterprises in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Welspun Enterprises' value of 2.58% is 16.2% below this benchmark. Historically, Welspun Enterprises' own Return-on-Tangible-Asset has ranged from 0.33 to 15.83 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 3.08, Welspun Enterprises has consistently been below 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 3.08, based on 1,787 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. Welspun Enterprises's current Return-on-Tangible-Asset of 2.58% is 16.2% below 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 Welspun Enterprises and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welspun Enterprises's current Return-on-Tangible-Asset is 2.58%, which is 48% below median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welspun Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Welspun Enterprises (NSE:WELENT) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹510.30, compared to a current price of ₹676.60 — trading 32.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.58%, which is 48% below median its 10-year median of 4.99 and 16.2% below the Construction industry median of 3.08. Welspun Enterprises' overall GF Score™ is 86/100 with 9 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 Welspun Enterprises (NSE:WELENT), the current Return-on-Tangible-Asset is 2.58% 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 Welspun Enterprises (NSE:WELENT) Overvalued in 2026?
Based on GuruFocus' analysis, Welspun Enterprises stock appears to be overvalued.
The current stock price of ₹676.60 is trading 32.6% above its estimated GF Value™ of ₹510.30.
GuruFocus considers Welspun Enterprises to be Significantly Overvalued.
Key valuation signals for NSE:WELENT:
Return-on-Tangible-Asset: 2.58% (48% below median its 10-year median of 4.99)
GF Value™: ₹510.30 vs. price of ₹676.60 (32.6% above fair value)
Industry Position: 16.2% below the Construction median (#691 of 1787)
No single metric tells the full story. See the NSE:WELENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welspun Enterprises Ltd is an India-based company, engaged in road transport, water, tunneling, and rehabilitation infrastructure development (Engineering, procurement and construction (EPC), Hybrid Annuity Model (HAM), and Build, Operate and Transfer (BOT) basis) and oil and gas exploration activities. It is also engaged in carrying out Operation and maintenance (O&M) activities. The company operates through the segments of Transport, Water, and Tunneling and Rehabilitation. The firm generates maximum revenue from the Transport segment.
86GF Score
Get the complete analysis for NSE:WELENT
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