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.
Modi NaturalsBOM:519003 +1.13%81 Return-on-Tangible-Asset is 12.30% as of Jun. 2026, which is 210% above its 10-year median of 3.97. GuruFocus rates BOM:519003 with a GF Score™ of 81/100 and a GF Value™ of ₹474.41 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,008 Consumer Packaged Goods companies, Modi Naturals ranks better than 89.64% 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. Modi Naturals's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹500 Mil. Modi Naturals's average total tangible assets for the quarter that ended in Jun. 2026 was ₹4,065 Mil. Therefore, Modi Naturals's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.30%.
The historical rank and industry rank for Modi Naturals's Return-on-Tangible-Asset or its related term are showing as below:
BOM:519003'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.48 Med: 3.97 Max: 14.4
Current: 14.4
During the past 13 years, Modi Naturals's highest Return-on-Tangible-Asset was 14.40%. The lowest was -0.48%. And the median was 3.97%.
BOM:519003's Return-on-Tangible-Asset is ranked better than 89.64% of 2008
companies
in the Consumer Packaged Goods industry
Industry Median: 3.575
vs BOM:519003: 14.40
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.
Modi Naturals Return-on-Tangible-Asset Related Terms
Modi Naturals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Modi Naturals'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:519003 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Modi Naturals'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.
Modi Naturals Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Modi Naturals'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 12.30% mean?
Modi Naturals (BOM:519003) has a Return-on-Tangible-Asset of 12.30% 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 Modi Naturals and its competitors. This is 210% above median its historical median of 3.97. According to the industry distribution chart, Modi Naturals ranks #208 out of 2008 companies in the Consumer Packaged Goods industry, placing it in the top 10.4%.
Is Modi Naturals' Return-on-Tangible-Asset too high?
Modi Naturals' current Return-on-Tangible-Asset of 12.30% is 210% above median its 10-year median of 3.97. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.58. Modi Naturals' value of 12.30% is 244.1% above this industry median. Based on the distribution chart, Modi Naturals ranks #208 out of 2008 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Modi Naturals has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modi Naturals' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modi Naturals ranks #208 out of 2008 companies for Return-on-Tangible-Asset. This places Modi Naturals in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.58. Modi Naturals' value of 12.30% is 244.1% above this benchmark. While the company's 10-year median is 3.97 vs. the industry median of 3.58, Modi Naturals has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.58, based on 2,008 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. Modi Naturals's current Return-on-Tangible-Asset of 12.30% is 244.1% 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 Modi Naturals and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modi Naturals's current Return-on-Tangible-Asset is 12.30%, which is 210% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Naturals stock overvalued right now?
Based on GuruFocus' analysis, Modi Naturals (BOM:519003) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹474.41, compared to a current price of ₹341.10 — trading 28.1% below its estimated fair value. The current Return-on-Tangible-Asset is 12.30%, which is 210% above median its 10-year median of 3.97 and 244.1% above the Consumer Packaged Goods industry median of 3.58. Modi Naturals' overall GF Score™ is 81/100 with 1 warning sign 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 Modi Naturals (BOM:519003), the current Return-on-Tangible-Asset is 12.30% 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 Modi Naturals (BOM:519003) Overvalued in 2026?
Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued.
The current stock price of ₹341.10 is trading 28.1% below its estimated GF Value™ of ₹474.41.
GuruFocus considers Modi Naturals to be Modestly Undervalued.
Key valuation signals for BOM:519003:
Return-on-Tangible-Asset: 12.30% (210% above median its 10-year median of 3.97)
GF Value™: ₹474.41 vs. price of ₹341.10 (28.1% below fair value)
Industry Position: 244.1% above the Consumer Packaged Goods median (#208 of 2008)
No single metric tells the full story. See the BOM:519003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
81GF Score
Get the complete analysis for BOM:519003
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:519003 has been successfully added to your 
