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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. Upper Tamakoshi Hydropower's annualizedNet Income for the quarter that ended in Apr. 2026 was NPR-2,839 Mil. Upper Tamakoshi Hydropower's average total tangible assets for the quarter that ended in Apr. 2026 was NPR82,054 Mil. Therefore, Upper Tamakoshi Hydropower's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was -3.46%.
The historical rank and industry rank for Upper Tamakoshi Hydropower's Return-on-Tangible-Asset or its related term are showing as below:
XNEP:UPPER'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.63 Med: -1.41 Max: -0.06
Current: -0.26
During the past 8 years, Upper Tamakoshi Hydropower's highest Return-on-Tangible-Asset was -0.06%. The lowest was -4.63%. And the median was -1.41%.
XNEP:UPPER's Return-on-Tangible-Asset is ranked worse than 67.11% of 456
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.085
vs XNEP:UPPER: -0.26
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.
Upper Tamakoshi Hydropower Return-on-Tangible-Asset Related Terms
Upper Tamakoshi Hydropower 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.
For the Utilities - Renewable subindustry, Upper Tamakoshi Hydropower'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.
Upper Tamakoshi Hydropower Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Upper Tamakoshi Hydropower's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Upper Tamakoshi Hydropower'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 -3.46% mean?
Upper Tamakoshi Hydropower (XNEP:UPPER) has a Return-on-Tangible-Asset of -3.46% 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 Upper Tamakoshi Hydropower and its competitors. According to the industry distribution chart, Upper Tamakoshi Hydropower ranks #306 out of 456 companies in the Utilities - Independent Power Producers industry, placing it in the top 67.1%.
Is Upper Tamakoshi Hydropower's Return-on-Tangible-Asset too high?
Upper Tamakoshi Hydropower's current Return-on-Tangible-Asset is -3.46%. Based on the distribution chart, Upper Tamakoshi Hydropower ranks #306 out of 456 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Upper Tamakoshi Hydropower has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upper Tamakoshi Hydropower's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Upper Tamakoshi Hydropower ranks #306 out of 456 companies for Return-on-Tangible-Asset. This places Upper Tamakoshi Hydropower in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.09. 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.09, based on 456 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. 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 Upper Tamakoshi Hydropower and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upper Tamakoshi Hydropower's current Return-on-Tangible-Asset is -3.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upper Tamakoshi Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Upper Tamakoshi Hydropower (XNEP:UPPER) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR238.35, compared to a current price of NPR190.50 — trading 20.1% below its estimated fair value. The current Return-on-Tangible-Asset is -3.46%. Upper Tamakoshi Hydropower's overall GF Score™ is 58/100 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 Upper Tamakoshi Hydropower (XNEP:UPPER), the current Return-on-Tangible-Asset is -3.46% 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 Upper Tamakoshi Hydropower (XNEP:UPPER) Overvalued in 2026?
Based on GuruFocus' analysis, Upper Tamakoshi Hydropower stock appears to be undervalued.
The current stock price of NPR190.50 is trading 20.1% below its estimated GF Value™ of NPR238.35.
GuruFocus considers Upper Tamakoshi Hydropower to be Modestly Undervalued.
Key valuation signals for XNEP:UPPER:
Return-on-Tangible-Asset: -3.46%
GF Value™: NPR238.35 vs. price of NPR190.50 (20.1% below fair value)
No single metric tells the full story. See the XNEP:UPPER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Upper Tamakoshi Hydropower Ltd operates in the utilities sector in Nepal. Its main line of business involves the development of hydropower projects, including detailed feasibility, construction, and operation. The company has developed and is developing the following hydropower projects in the Tamakoshi River basin as follows: the Upper Tamakoshi Hydroelectric Project (UTKHEP), a 456 MW plant already under operation; the Rolwaling Khola Hydroelectric Project; and the diversion of the Rolwaling River to the UTKHEP intake pond. It is engaged in only one business activity: the generation and sale of electricity.
58GF Score
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