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Shivam CementsXNEP:SHIVM 89 Return-on-Tangible-Asset is 8.00% as of Apr. 2026, which is 23% below its 10-year median of 10.37. GuruFocus rates XNEP:SHIVM with a GF Score™ of 89/100 and a GF Value™ of NPR537.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 413 Building Materials companies, Shivam Cements ranks better than 90.31% 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. Shivam Cements's annualizedNet Income for the quarter that ended in Apr. 2026 was NPR1,049 Mil. Shivam Cements's average total tangible assets for the quarter that ended in Apr. 2026 was NPR13,113 Mil. Therefore, Shivam Cements's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 8.00%.
The historical rank and industry rank for Shivam Cements's Return-on-Tangible-Asset or its related term are showing as below:
XNEP:SHIVM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.58 Med: 10.37 Max: 15.54
Current: 12.21
During the past 9 years, Shivam Cements's highest Return-on-Tangible-Asset was 15.54%. The lowest was 2.58%. And the median was 10.37%.
XNEP:SHIVM's Return-on-Tangible-Asset is ranked better than 90.31% of 413
companies
in the Building Materials industry
Industry Median: 2.47
vs XNEP:SHIVM: 12.21
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.
Shivam Cements Return-on-Tangible-Asset Related Terms
Shivam Cements Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shivam Cements'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.
XNEP:SHIVM vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Shivam Cements'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.
Shivam Cements Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shivam Cements's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shivam Cements'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.00% mean?
Shivam Cements (XNEP:SHIVM) has a Return-on-Tangible-Asset of 8.00% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Shivam Cements and its competitors. This is 23% below median its historical median of 10.37. Over the past decade, Shivam Cements' Return-on-Tangible-Asset has ranged from 2.58 to 15.54. According to the industry distribution chart, Shivam Cements ranks #40 out of 413 companies in the Building Materials industry, placing it in the top 9.7%.
Is Shivam Cements' Return-on-Tangible-Asset too high?
Shivam Cements' current Return-on-Tangible-Asset of 8.00% is 23% below median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 15.54. The Building Materials industry median Return-on-Tangible-Asset is 2.47. Shivam Cements' value of 8.00% is 223.9% above this industry median. Based on the distribution chart, Shivam Cements ranks #40 out of 413 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shivam Cements has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shivam Cements' Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shivam Cements ranks #40 out of 413 companies for Return-on-Tangible-Asset. This places Shivam Cements in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Shivam Cements' value of 8.00% is 223.9% above this benchmark. Historically, Shivam Cements' own Return-on-Tangible-Asset has ranged from 2.58 to 15.54 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 2.47, Shivam Cements 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.47, based on 413 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. Shivam Cements's current Return-on-Tangible-Asset of 8.00% is 223.9% 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 Shivam Cements and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivam Cements's current Return-on-Tangible-Asset is 8.00%, which is 23% below median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivam Cements stock overvalued right now?
Based on GuruFocus' analysis, Shivam Cements (XNEP:SHIVM) is currently considered Modestly Overvalued. The stock's GF Value™ is NPR537.27, compared to a current price of NPR650.00 — trading 21% above its estimated fair value. The current Return-on-Tangible-Asset is 8.00%, which is 23% below median its 10-year median of 10.37 and 223.9% above the Building Materials industry median of 2.47. Shivam Cements' overall GF Score™ is 89/100 with 4 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 Shivam Cements (XNEP:SHIVM), the current Return-on-Tangible-Asset is 8.00% as of Apr. 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 Shivam Cements (XNEP:SHIVM) Overvalued in 2026?
Based on GuruFocus' analysis, Shivam Cements stock appears to be overvalued.
The current stock price of NPR650.00 is trading 21% above its estimated GF Value™ of NPR537.27.
GuruFocus considers Shivam Cements to be Modestly Overvalued.
Key valuation signals for XNEP:SHIVM:
Return-on-Tangible-Asset: 8.00% (23% below median its 10-year median of 10.37)
GF Value™: NPR537.27 vs. price of NPR650.00 (21% above fair value)
Industry Position: 223.9% above the Building Materials median (#40 of 413)
No single metric tells the full story. See the XNEP:SHIVM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivam Cements Ltd is a Nepal based company engaged in manufacturing of cement and clinker from its self owned limestone quarries. The main product of the company include the Ordinary Portland Cement. Its products include OPC cement 43 Grade and OPC cement 53 grade.
89GF Score
Get the complete analysis for XNEP:SHIVM
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