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Nirav CommercialsBOM:512425 67 Return-on-Tangible-Asset is 1.39% as of Jun. 2026, which is 21% below its 10-year median of 1.75. GuruFocus rates BOM:512425 with a GF Score™ of 67/100 and a GF Value™ of ₹605.62 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,670 Metals & Mining companies, Nirav Commercials ranks better than 77.3% 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. Nirav Commercials's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹4.4 Mil. Nirav Commercials's average total tangible assets for the quarter that ended in Jun. 2026 was ₹316.9 Mil. Therefore, Nirav Commercials's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.39%.
The historical rank and industry rank for Nirav Commercials's Return-on-Tangible-Asset or its related term are showing as below:
BOM:512425'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.13 Med: 1.75 Max: 41.49
Current: 1.86
During the past 13 years, Nirav Commercials's highest Return-on-Tangible-Asset was 41.49%. The lowest was 0.13%. And the median was 1.75%.
BOM:512425's Return-on-Tangible-Asset is ranked better than 77.3% of 2670
companies
in the Metals & Mining industry
Industry Median: -16.925
vs BOM:512425: 1.86
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.
Nirav Commercials Return-on-Tangible-Asset Related Terms
Nirav Commercials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nirav Commercials'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:512425 vs AA: Return-on-Tangible-Asset Comparison
For the Aluminum subindustry, Nirav Commercials'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.
Nirav Commercials Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nirav Commercials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nirav Commercials'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 1.39% mean?
Nirav Commercials (BOM:512425) has a Return-on-Tangible-Asset of 1.39% 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 Nirav Commercials and its competitors. This is 21% below median its historical median of 1.75. Over the past decade, Nirav Commercials' Return-on-Tangible-Asset has ranged from 0.13 to 41.49. According to the industry distribution chart, Nirav Commercials ranks #606 out of 2670 companies in the Metals & Mining industry, placing it in the top 22.7%.
Is Nirav Commercials' Return-on-Tangible-Asset too high?
Nirav Commercials' current Return-on-Tangible-Asset of 1.39% is 21% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 41.49. Based on the distribution chart, Nirav Commercials ranks #606 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nirav Commercials has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nirav Commercials' Return-on-Tangible-Asset compare to AA?
According to the Metals & Mining industry distribution chart, Nirav Commercials ranks #606 out of 2670 companies for Return-on-Tangible-Asset. This places Nirav Commercials in the top 23% of its industry — outperforming the majority of peers. Historically, Nirav Commercials' own Return-on-Tangible-Asset has ranged from 0.13 to 41.49 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 Nirav Commercials and its competitors. Nirav Commercials's current Return-on-Tangible-Asset is 1.39%, which is 21% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirav Commercials stock overvalued right now?
Based on GuruFocus' analysis, Nirav Commercials (BOM:512425) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹605.62, compared to a current price of ₹695.30 — trading 14.8% above its estimated fair value. The current Return-on-Tangible-Asset is 1.39%, which is 21% below median its 10-year median of 1.75. Nirav Commercials' overall GF Score™ is 67/100 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 Nirav Commercials (BOM:512425), the current Return-on-Tangible-Asset is 1.39% 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 Nirav Commercials (BOM:512425) Overvalued in 2026?
Based on GuruFocus' analysis, Nirav Commercials stock appears to be overvalued.
The current stock price of ₹695.30 is trading 14.8% above its estimated GF Value™ of ₹605.62.
GuruFocus considers Nirav Commercials to be Modestly Overvalued.
Key valuation signals for BOM:512425:
Return-on-Tangible-Asset: 1.39% (21% below median its 10-year median of 1.75)
GF Value™: ₹605.62 vs. price of ₹695.30 (14.8% above fair value)
No single metric tells the full story. See the BOM:512425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nirav Commercials Ltd manufactures and sells aluminum products in India. It operates through a single segment namely, the Manufacturing of aluminum doors and windows. It offers products such as Aluminium expanded extruded sheets and Aluminium door windows. Additionally, it also exports products such as steel, nuts, bolts, washer, and much more.
67GF Score
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