Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Millennium Online Solutions (India)'s Return-on-Tangible-Asset or its related term are showing as below:
BOM:511187'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.22 Med: -0.23 Max: 1.75
Current: 1.75
During the past 13 years, Millennium Online Solutions (India)'s highest Return-on-Tangible-Asset was 1.75%. The lowest was -6.22%. And the median was -0.23%.
BOM:511187's Return-on-Tangible-Asset is ranked worse than 55.1% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs BOM:511187: 1.75
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.
Millennium Online Solutions (India) Return-on-Tangible-Asset Related Terms
Millennium Online Solutions (India) 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.
BOM:511187 vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison
For the Electronics & Computer Distribution subindustry, Millennium Online Solutions (India)'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.
Millennium Online Solutions (India) Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Millennium Online Solutions (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Millennium Online Solutions (India)'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 2.71% mean?
Millennium Online Solutions (India) (BOM:511187) has a Return-on-Tangible-Asset of 2.71% 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 Millennium Online Solutions (India) and its competitors. According to the industry distribution chart, Millennium Online Solutions (India) ranks #1378 out of 2501 companies in the Hardware industry, placing it in the top 55.1%.
Is Millennium Online Solutions (India)'s Return-on-Tangible-Asset too high?
Millennium Online Solutions (India)'s current Return-on-Tangible-Asset is 2.71%. The Hardware industry median Return-on-Tangible-Asset is 2.48. Millennium Online Solutions (India)'s value of 2.71% is 9.3% above this industry median. Based on the distribution chart, Millennium Online Solutions (India) ranks #1378 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Millennium Online Solutions (India) has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Millennium Online Solutions (India)'s Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Millennium Online Solutions (India) ranks #1378 out of 2501 companies for Return-on-Tangible-Asset. This places Millennium Online Solutions (India) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Millennium Online Solutions (India)'s value of 2.71% is 9.3% 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Millennium Online Solutions (India)'s current Return-on-Tangible-Asset of 2.71% is 9.3% 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 Millennium Online Solutions (India) and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Online Solutions (India)'s current Return-on-Tangible-Asset is 2.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Online Solutions (India) stock overvalued right now?
Based on GuruFocus' analysis, Millennium Online Solutions (India) (BOM:511187) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.68, compared to a current price of ₹1.83 — trading 31.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.71% and 9.3% above the Hardware industry median of 2.48. Millennium Online Solutions (India)'s overall GF Score™ is 60/100 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 Millennium Online Solutions (India) (BOM:511187), the current Return-on-Tangible-Asset is 2.71% 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.
Is Millennium Online Solutions (India) (BOM:511187) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Online Solutions (India) stock appears to be undervalued.
The current stock price of ₹1.83 is trading 31.7% below its estimated GF Value™ of ₹2.68.
GuruFocus considers Millennium Online Solutions (India) to be Possible Value Trap.
Key valuation signals for BOM:511187:
Return-on-Tangible-Asset: 2.71%
GF Value™: ₹2.68 vs. price of ₹1.83 (31.7% below fair value)
Industry Position: 9.3% above the Hardware median (#1378 of 2501)
No single metric tells the full story. See the BOM:511187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:511187 has been successfully added to your 
