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Ashnoor Textile MillsBOM:507872 -2.47%59 Return-on-Tangible-Asset is 24.11% as of Jun. 2026, which is 429% above its 10-year median of 4.56. GuruFocus rates BOM:507872 with a GF Score™ of 59/100 and a GF Value™ of ₹33.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Ashnoor Textile Mills ranks better than 83.96% 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. Ashnoor Textile Mills's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹396 Mil. Ashnoor Textile Mills's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,643 Mil. Therefore, Ashnoor Textile Mills's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 24.11%.
The historical rank and industry rank for Ashnoor Textile Mills's Return-on-Tangible-Asset or its related term are showing as below:
BOM:507872'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.76 Med: 4.56 Max: 9.88
Current: 8.46
During the past 13 years, Ashnoor Textile Mills's highest Return-on-Tangible-Asset was 9.88%. The lowest was 2.76%. And the median was 4.56%.
BOM:507872's Return-on-Tangible-Asset is ranked better than 83.96% of 1072
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.36
vs BOM:507872: 8.46
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.
Ashnoor Textile Mills Return-on-Tangible-Asset Related Terms
Ashnoor Textile Mills Return-on-Tangible-Asset Historical Data
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The historical data trend for Ashnoor Textile Mills'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.
For the Textile Manufacturing subindustry, Ashnoor Textile Mills'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.
Ashnoor Textile Mills Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ashnoor Textile Mills's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashnoor Textile Mills'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 24.11% mean?
Ashnoor Textile Mills (BOM:507872) has a Return-on-Tangible-Asset of 24.11% 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 Ashnoor Textile Mills and its competitors. This is 429% above median its historical median of 4.56. Over the past decade, Ashnoor Textile Mills' Return-on-Tangible-Asset has ranged from 2.76 to 9.88. According to the industry distribution chart, Ashnoor Textile Mills ranks #172 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16%.
Is Ashnoor Textile Mills' Return-on-Tangible-Asset too high?
Ashnoor Textile Mills' current Return-on-Tangible-Asset of 24.11% is 429% above median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 9.88. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.36. Ashnoor Textile Mills' value of 24.11% is 921.6% above this industry median. Based on the distribution chart, Ashnoor Textile Mills ranks #172 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ashnoor Textile Mills has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashnoor Textile Mills' Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ashnoor Textile Mills ranks #172 out of 1072 companies for Return-on-Tangible-Asset. This places Ashnoor Textile Mills in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.36. Ashnoor Textile Mills' value of 24.11% is 921.6% above this benchmark. Historically, Ashnoor Textile Mills' own Return-on-Tangible-Asset has ranged from 2.76 to 9.88 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 2.36, Ashnoor Textile Mills 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.36, based on 1,072 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. Ashnoor Textile Mills's current Return-on-Tangible-Asset of 24.11% is 921.6% 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 Ashnoor Textile Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashnoor Textile Mills's current Return-on-Tangible-Asset is 24.11%, which is 429% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashnoor Textile Mills stock overvalued right now?
Based on GuruFocus' analysis, Ashnoor Textile Mills (BOM:507872) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹33.93, compared to a current price of ₹45.50 — trading 34.1% above its estimated fair value. The current Return-on-Tangible-Asset is 24.11%, which is 429% above median its 10-year median of 4.56 and 921.6% above the Manufacturing - Apparel & Accessories industry median of 2.36. Ashnoor Textile Mills' overall GF Score™ is 59/100 with 6 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 Ashnoor Textile Mills (BOM:507872), the current Return-on-Tangible-Asset is 24.11% 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 Ashnoor Textile Mills (BOM:507872) Overvalued in 2026?
Based on GuruFocus' analysis, Ashnoor Textile Mills stock appears to be overvalued.
The current stock price of ₹45.50 is trading 34.1% above its estimated GF Value™ of ₹33.93.
GuruFocus considers Ashnoor Textile Mills to be Significantly Overvalued.
Key valuation signals for BOM:507872:
Return-on-Tangible-Asset: 24.11% (429% above median its 10-year median of 4.56)
GF Value™: ₹33.93 vs. price of ₹45.50 (34.1% above fair value)
Industry Position: 921.6% above the Manufacturing - Apparel & Accessories median (#172 of 1072)
No single metric tells the full story. See the BOM:507872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashnoor Textile Mills Ltd is an Indian company engaged in the manufacture and sale of terry towels. The majority of its revenue is generated from the export of terry towels, mainly to the United States of America, and the rest from its business in its domestic market.
59GF Score
Get the complete analysis for BOM:507872
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