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.
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. Neo Infracon's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-9.12 Mil. Neo Infracon's average total tangible assets for the quarter that ended in Jun. 2026 was ₹294.89 Mil. Therefore, Neo Infracon's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -3.09%.
The historical rank and industry rank for Neo Infracon's Return-on-Tangible-Asset or its related term are showing as below:
BOM:514332'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.56 Med: 1.23 Max: 4.79
Current: 1.66
During the past 13 years, Neo Infracon's highest Return-on-Tangible-Asset was 4.79%. The lowest was -4.56%. And the median was 1.23%.
BOM:514332's Return-on-Tangible-Asset is ranked worse than 51.39% of 1800
companies
in the Real Estate industry
Industry Median: 1.795
vs BOM:514332: 1.66
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.
Neo Infracon Return-on-Tangible-Asset Related Terms
Neo Infracon Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Neo Infracon'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 Real Estate - Development subindustry, Neo Infracon'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.
Neo Infracon Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neo Infracon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Neo Infracon'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 -3.09% mean?
Neo Infracon (BOM:514332) has a Return-on-Tangible-Asset of -3.09% 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 Neo Infracon and its competitors. According to the industry distribution chart, Neo Infracon ranks #925 out of 1800 companies in the Real Estate industry, placing it in the top 51.4%.
Is Neo Infracon's Return-on-Tangible-Asset too high?
Neo Infracon's current Return-on-Tangible-Asset is -3.09%. Based on the distribution chart, Neo Infracon ranks #925 out of 1800 companies in the Real Estate industry, which is below the industry midpoint. Overall, Neo Infracon has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neo Infracon's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Neo Infracon ranks #925 out of 1800 companies for Return-on-Tangible-Asset. This places Neo Infracon in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.80. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.80, based on 1,800 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. 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 Neo Infracon and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo Infracon's current Return-on-Tangible-Asset is -3.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo Infracon stock overvalued right now?
Based on GuruFocus' analysis, Neo Infracon (BOM:514332) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.46, compared to a current price of ₹42.70 — trading 90.1% above its estimated fair value. The current Return-on-Tangible-Asset is -3.09%. Neo Infracon's overall GF Score™ is 45/100 with 8 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 Neo Infracon (BOM:514332), the current Return-on-Tangible-Asset is -3.09% 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 Neo Infracon (BOM:514332) Overvalued in 2026?
Based on GuruFocus' analysis, Neo Infracon stock appears to be overvalued.
The current stock price of ₹42.70 is trading 90.1% above its estimated GF Value™ of ₹22.46.
GuruFocus considers Neo Infracon to be Significantly Overvalued.
Key valuation signals for BOM:514332:
Return-on-Tangible-Asset: -3.09%
GF Value™: ₹22.46 vs. price of ₹42.70 (90.1% above fair value)
No single metric tells the full story. See the BOM:514332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neo Infracon Ltd is a real estate development company. It is developing affordable houses in town areas of Mumbai. The company is mainly dealing with construction services in respect of commercial, industrial buildings, and residential complexes. Geographically, the activities are carried out through the region of India. The company generates the majority of its revenue from Sub contract sales. The company's project consists of Neo Clarissa, Amity, Neo Residency, Neo Pearl, Ankush Apartment, Akashdeep, and Deshmukh lane, Neo Ornate, Neo Galaxy, Neo Logistic Park.
45GF Score
Get the complete analysis for BOM:514332
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:514332 has been successfully added to your 
