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ASI IndustriesBOM:502015 -6.12%66 Return-on-Tangible-Asset is 6.10% as of Jun. 2026, which is 23% above its 10-year median of 4.97. GuruFocus rates BOM:502015 with a GF Score™ of 66/100 and a GF Value™ of ₹32.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,666 Metals & Mining companies, ASI Industries ranks better than 84.06% 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. ASI Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹258 Mil. ASI Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹4,229 Mil. Therefore, ASI Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.10%.
The historical rank and industry rank for ASI Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:502015'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.7 Med: 4.97 Max: 6.93
Current: 6.19
During the past 13 years, ASI Industries's highest Return-on-Tangible-Asset was 6.93%. The lowest was -2.70%. And the median was 4.97%.
BOM:502015's Return-on-Tangible-Asset is ranked better than 84.06% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.26
vs BOM:502015: 6.19
ASI Industries (BOM:502015) 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.
ASI Industries Return-on-Tangible-Asset Related Terms
ASI Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ASI 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.
ASI Industries Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, ASI 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.
ASI Industries Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, ASI Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ASI 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 6.10% mean?
ASI Industries (BOM:502015) has a Return-on-Tangible-Asset of 6.10% 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 ASI Industries and its competitors. This is 23% above median its historical median of 4.97. According to the industry distribution chart, ASI Industries ranks #425 out of 2666 companies in the Metals & Mining industry, placing it in the top 15.9%.
Is ASI Industries' Return-on-Tangible-Asset too high?
ASI Industries' current Return-on-Tangible-Asset of 6.10% is 23% above median its 10-year median of 4.97. Based on the distribution chart, ASI Industries ranks #425 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, ASI Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASI Industries' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, ASI Industries ranks #425 out of 2666 companies for Return-on-Tangible-Asset. This places ASI Industries in the top 16% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 ASI Industries and its competitors. ASI Industries's current Return-on-Tangible-Asset is 6.10%, which is 23% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASI Industries stock overvalued right now?
Based on GuruFocus' analysis, ASI Industries (BOM:502015) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.32, compared to a current price of ₹24.99 — trading 22.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.10%, which is 23% above median its 10-year median of 4.97. ASI Industries' overall GF Score™ is 66/100 with 2 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 ASI Industries (BOM:502015), the current Return-on-Tangible-Asset is 6.10% 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 ASI Industries (BOM:502015) Overvalued in 2026?
Based on GuruFocus' analysis, ASI Industries stock appears to be undervalued.
The current stock price of ₹24.99 is trading 22.7% below its estimated GF Value™ of ₹32.32.
GuruFocus considers ASI Industries to be Modestly Undervalued.
Key valuation signals for BOM:502015:
Return-on-Tangible-Asset: 6.10% (23% above median its 10-year median of 4.97)
GF Value™: ₹32.32 vs. price of ₹24.99 (22.7% below fair value)
No single metric tells the full story. See the BOM:502015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASI Industries Ltd is an industrial metal and mining company. The Company is engaged in the mining and processing of natural stones. The company's product offerings are Kota Stone, Sandstone, and others. It generates a majority of revenue from the Stone segment. Geographically, it derives maximum revenue from India.
66GF Score
Get the complete analysis for BOM:502015
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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