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Bhagawati GasBOM:500051 -1.92%18 Return-on-Tangible-Asset is 35.13% as of Mar. 2026. GuruFocus rates BOM:500051 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 508 Utilities - Regulated companies, Bhagawati Gas ranks better than 64.76% 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. Bhagawati Gas's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹70.00 Mil. Bhagawati Gas's average total tangible assets for the quarter that ended in Mar. 2026 was ₹199.25 Mil. Therefore, Bhagawati Gas's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 35.13%.
The historical rank and industry rank for Bhagawati Gas's Return-on-Tangible-Asset or its related term are showing as below:
BOM:500051'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.9 Med: -1.56 Max: 4.96
Current: 4.76
During the past 13 years, Bhagawati Gas's highest Return-on-Tangible-Asset was 4.96%. The lowest was -8.90%. And the median was -1.56%.
BOM:500051's Return-on-Tangible-Asset is ranked better than 64.76% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.38
vs BOM:500051: 4.76
Bhagawati Gas (BOM:500051) 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.
Bhagawati Gas Return-on-Tangible-Asset Related Terms
Bhagawati Gas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bhagawati Gas'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.
BOM:500051 vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Bhagawati Gas'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.
Bhagawati Gas Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bhagawati Gas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bhagawati Gas'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 35.13% mean?
Bhagawati Gas (BOM:500051) has a Return-on-Tangible-Asset of 35.13% 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 Bhagawati Gas and its competitors. According to the industry distribution chart, Bhagawati Gas ranks #179 out of 508 companies in the Utilities - Regulated industry, placing it in the top 35.2%.
Is Bhagawati Gas' Return-on-Tangible-Asset too high?
Bhagawati Gas' current Return-on-Tangible-Asset is 35.13%. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.38. Bhagawati Gas' value of 35.13% is 939.3% above this industry median. Based on the distribution chart, Bhagawati Gas ranks #179 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Bhagawati Gas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhagawati Gas' Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Bhagawati Gas ranks #179 out of 508 companies for Return-on-Tangible-Asset. This puts Bhagawati Gas in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Bhagawati Gas' value of 35.13% is 939.3% above this benchmark. 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 - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 508 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. Bhagawati Gas's current Return-on-Tangible-Asset of 35.13% is 939.3% 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 Bhagawati Gas and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagawati Gas's current Return-on-Tangible-Asset is 35.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagawati Gas stock overvalued right now?
Bhagawati Gas (BOM:500051) has a current Return-on-Tangible-Asset of 35.13%. The current Return-on-Tangible-Asset is 35.13% and 939.3% above the Utilities - Regulated industry median of 3.38. Bhagawati Gas' overall GF Score™ is 18/100 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 Bhagawati Gas (BOM:500051), the current Return-on-Tangible-Asset is 35.13% 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.
Bhagawati Gas Ltd is engaged in the production, distribution, and marketing of industrial gases, green technologies, and sustainable solutions. The company has diversified businesses in industrial gases, wastewater treatment, renewable energy, contracting, and international trading fields. The manufacturing activities of the company include the operation of large-tonnage air separation plants for the production ofatmospheric industrial gases, along with the manufacturing of FRP pipes and composite products that cater to criticalsectors such as oil & gas, water supply, and infrastructure. The company derives maximum revenue from water treatment activities.
18GF Score
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