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Bhagyanagar IndiaBOM:512296 +0.07%59 Return-on-Tangible-Asset is 12.76% as of Jun. 2026, which is 299% above its 10-year median of 3.20. GuruFocus rates BOM:512296 with a GF Score™ of 59/100 and a GF Value™ of ₹169.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,668 Metals & Mining companies, Bhagyanagar India ranks better than 88.19% 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. Bhagyanagar India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹810 Mil. Bhagyanagar India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹6,348 Mil. Therefore, Bhagyanagar India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.76%.
The historical rank and industry rank for Bhagyanagar India's Return-on-Tangible-Asset or its related term are showing as below:
BOM:512296'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.47 Med: 3.2 Max: 12.08
Current: 10.21
During the past 13 years, Bhagyanagar India's highest Return-on-Tangible-Asset was 12.08%. The lowest was 0.47%. And the median was 3.20%.
BOM:512296's Return-on-Tangible-Asset is ranked better than 88.19% of 2668
companies
in the Metals & Mining industry
Industry Median: -16.965
vs BOM:512296: 10.21
Bhagyanagar India (BOM:512296) 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.
Bhagyanagar India Return-on-Tangible-Asset Related Terms
Bhagyanagar India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bhagyanagar India'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:512296 vs SCCO, FCX: Return-on-Tangible-Asset Comparison
For the Copper subindustry, Bhagyanagar 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.
Bhagyanagar India Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Bhagyanagar India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bhagyanagar 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.76% mean?
Bhagyanagar India (BOM:512296) has a Return-on-Tangible-Asset of 12.76% 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 Bhagyanagar India and its competitors. This is 299% above median its historical median of 3.20. Over the past decade, Bhagyanagar India's Return-on-Tangible-Asset has ranged from 0.47 to 12.08. According to the industry distribution chart, Bhagyanagar India ranks #315 out of 2668 companies in the Metals & Mining industry, placing it in the top 11.8%.
Is Bhagyanagar India's Return-on-Tangible-Asset too high?
Bhagyanagar India's current Return-on-Tangible-Asset of 12.76% is 299% above median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 12.08. Based on the distribution chart, Bhagyanagar India ranks #315 out of 2668 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Bhagyanagar India has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhagyanagar India's Return-on-Tangible-Asset compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Bhagyanagar India ranks #315 out of 2668 companies for Return-on-Tangible-Asset. This places Bhagyanagar India in the top 12% of its industry — outperforming the majority of peers. Historically, Bhagyanagar India's own Return-on-Tangible-Asset has ranged from 0.47 to 12.08 over the past decade. 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 Bhagyanagar India and its competitors. Bhagyanagar India's current Return-on-Tangible-Asset is 12.76%, which is 299% above median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagyanagar India stock overvalued right now?
Based on GuruFocus' analysis, Bhagyanagar India (BOM:512296) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹169.35, compared to a current price of ₹382.85 — trading 126.1% above its estimated fair value. The current Return-on-Tangible-Asset is 12.76%, which is 299% above median its 10-year median of 3.20. Bhagyanagar India's overall GF Score™ is 59/100 with 3 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 Bhagyanagar India (BOM:512296), the current Return-on-Tangible-Asset is 12.76% 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 Bhagyanagar India (BOM:512296) Overvalued in 2026?
Based on GuruFocus' analysis, Bhagyanagar India stock appears to be overvalued.
The current stock price of ₹382.85 is trading 126.1% above its estimated GF Value™ of ₹169.35.
GuruFocus considers Bhagyanagar India to be Significantly Overvalued.
Key valuation signals for BOM:512296:
Return-on-Tangible-Asset: 12.76% (299% above median its 10-year median of 3.20)
GF Value™: ₹169.35 vs. price of ₹382.85 (126.1% above fair value)
No single metric tells the full story. See the BOM:512296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhagyanagar India Ltd, along with its subsidiary, is engaged in the business of manufacturing and selling copper products. In addition, the company has a wind power project with an installed capacity of 9 MW at Kapatigudda, in Karnataka. The group operates through the Copper Products and Wind Power segments. The Copper Products segment deals in the manufacturing of various products such as copper rods, strips, pipes, busbars, and sheets, among others. The Wind Power segment is engaged in the generation and sale of wind power. The majority of the group's revenue is generated from the Copper Products segment. Geographically, it operates in India.
59GF Score
Get the complete analysis for BOM:512296
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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