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Sumeet IndustriesBOM:514211 +0.67%32 Return-on-Tangible-Asset is 0.83% as of Jun. 2026. GuruFocus rates BOM:514211 with a GF Score™ of 32/100 and a GF Value™ of ₹0.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Sumeet Industries ranks better than 74.84% 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. Sumeet Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹46 Mil. Sumeet Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹5,508 Mil. Therefore, Sumeet Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.83%.
The historical rank and industry rank for Sumeet Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:514211'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.37 Med: -0.65 Max: 39.77
Current: 5.7
During the past 13 years, Sumeet Industries's highest Return-on-Tangible-Asset was 39.77%. The lowest was -13.37%. And the median was -0.65%.
BOM:514211's Return-on-Tangible-Asset is ranked better than 74.84% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.32
vs BOM:514211: 5.70
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.
Sumeet Industries Return-on-Tangible-Asset Related Terms
Sumeet Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sumeet 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.
For the Textile Manufacturing subindustry, Sumeet 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.
Sumeet Industries Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sumeet Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sumeet 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 0.83% mean?
Sumeet Industries (BOM:514211) has a Return-on-Tangible-Asset of 0.83% 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 Sumeet Industries and its competitors. According to the industry distribution chart, Sumeet Industries ranks #268 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.2%.
Is Sumeet Industries' Return-on-Tangible-Asset too high?
Sumeet Industries' current Return-on-Tangible-Asset is 0.83%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.32. Sumeet Industries' value of 0.83% is 64.2% below this industry median. Based on the distribution chart, Sumeet Industries ranks #268 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sumeet Industries has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumeet Industries' Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sumeet Industries ranks #268 out of 1065 companies for Return-on-Tangible-Asset. This puts Sumeet Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.32. Sumeet Industries' value of 0.83% is 64.2% below 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.32, based on 1,065 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. Sumeet Industries's current Return-on-Tangible-Asset of 0.83% is 64.2% below 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 Sumeet Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumeet Industries's current Return-on-Tangible-Asset is 0.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumeet Industries stock overvalued right now?
Based on GuruFocus' analysis, Sumeet Industries (BOM:514211) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.87, compared to a current price of ₹13.50 — trading 1451.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.83% and 64.2% below the Manufacturing - Apparel & Accessories industry median of 2.32. Sumeet Industries' overall GF Score™ is 32/100 with 4 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 Sumeet Industries (BOM:514211), the current Return-on-Tangible-Asset is 0.83% 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 Sumeet Industries (BOM:514211) Overvalued in 2026?
Based on GuruFocus' analysis, Sumeet Industries stock appears to be overvalued.
The current stock price of ₹13.50 is trading 1451.7% above its estimated GF Value™ of ₹0.87.
GuruFocus considers Sumeet Industries to be Significantly Overvalued.
Key valuation signals for BOM:514211:
Return-on-Tangible-Asset: 0.83%
GF Value™: ₹0.87 vs. price of ₹13.50 (1451.7% above fair value)
Industry Position: 64.2% below the Manufacturing - Apparel & Accessories median (#268 of 1065)
No single metric tells the full story. See the BOM:514211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumeet Industries Ltd is engaged in the yarn manufacturing business segment in India. It manufactures and exports Polyester Yarn (POY and FDY), Polyester Chips, Texturizing Yarn and Carpet Yarn. The company caters to both domestic and international markets, of which the majority of revenue is generated within India.
32GF Score
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