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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. Zuari Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹24 Mil. Zuari Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹70,282 Mil. Therefore, Zuari Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.03%.
The historical rank and industry rank for Zuari Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:500780'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.03 Med: -0.87 Max: 10.95
Current: 1.37
During the past 13 years, Zuari Industries's highest Return-on-Tangible-Asset was 10.95%. The lowest was -9.03%. And the median was -0.87%.
BOM:500780's Return-on-Tangible-Asset is ranked worse than 62.25% of 559
companies
in the Conglomerates industry
Industry Median: 2.81
vs BOM:500780: 1.37
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.
Zuari Industries Return-on-Tangible-Asset Related Terms
Zuari Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zuari Industries'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:500780 vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Zuari Industries'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.
Zuari Industries Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Zuari Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zuari Industries'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 0.03% mean?
Zuari Industries (BOM:500780) has a Return-on-Tangible-Asset of 0.03% 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 Zuari Industries and its competitors. According to the industry distribution chart, Zuari Industries ranks #348 out of 559 companies in the Conglomerates industry, placing it in the top 62.3%.
Is Zuari Industries' Return-on-Tangible-Asset too high?
Zuari Industries' current Return-on-Tangible-Asset is 0.03%. The Conglomerates industry median Return-on-Tangible-Asset is 2.81. Zuari Industries' value of 0.03% is 98.9% below this industry median. Based on the distribution chart, Zuari Industries ranks #348 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Zuari Industries has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zuari Industries' Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Zuari Industries ranks #348 out of 559 companies for Return-on-Tangible-Asset. This places Zuari Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.81. Zuari Industries' value of 0.03% is 98.9% below 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 a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.81, based on 559 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. Zuari Industries's current Return-on-Tangible-Asset of 0.03% is 98.9% 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 Zuari Industries and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zuari Industries's current Return-on-Tangible-Asset is 0.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zuari Industries stock overvalued right now?
Based on GuruFocus' analysis, Zuari Industries (BOM:500780) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹324.29, compared to a current price of ₹282.10 — trading 13% below its estimated fair value. The current Return-on-Tangible-Asset is 0.03% and 98.9% below the Conglomerates industry median of 2.81. Zuari Industries' overall GF Score™ is 60/100 with 7 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 Zuari Industries (BOM:500780), the current Return-on-Tangible-Asset is 0.03% 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 Zuari Industries (BOM:500780) Overvalued in 2026?
Based on GuruFocus' analysis, Zuari Industries stock appears to be undervalued.
The current stock price of ₹282.10 is trading 13% below its estimated GF Value™ of ₹324.29.
GuruFocus considers Zuari Industries to be Modestly Undervalued.
Key valuation signals for BOM:500780:
Return-on-Tangible-Asset: 0.03%
GF Value™: ₹324.29 vs. price of ₹282.10 (13% below fair value)
Industry Position: 98.9% below the Conglomerates median (#348 of 559)
No single metric tells the full story. See the BOM:500780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zuari Industries Ltd through its subsidiaries, is a holding firm which is engaged in providing fertilizer, seeds, pesticides business, engineering, lifestyle industries, and services. The company's segment includes: Engineering, Furniture, Real Estate, Sugar, Power, Investment Services, Ethanol Plant and Management Services.
60GF Score
Get the complete analysis for BOM:500780
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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