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Maxgrow IndiaBOM:521167 +1.99%27 Return-on-Tangible-Asset is 44.55% as of Jun. 2026. GuruFocus rates BOM:521167 with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 1,091 Business Services companies, Maxgrow India ranks better than 60.13% 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. Maxgrow India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹7,976 Mil. Maxgrow India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹17,903 Mil. Therefore, Maxgrow India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 44.55%.
The historical rank and industry rank for Maxgrow India's Return-on-Tangible-Asset or its related term are showing as below:
BOM:521167'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.63 Med: -0.47 Max: 6.18
Current: 6.18
During the past 13 years, Maxgrow India's highest Return-on-Tangible-Asset was 6.18%. The lowest was -8.63%. And the median was -0.47%.
BOM:521167's Return-on-Tangible-Asset is ranked better than 60.13% of 1091
companies
in the Business Services industry
Industry Median: 4.35
vs BOM:521167: 6.18
Maxgrow India (BOM:521167) 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.
Maxgrow India Return-on-Tangible-Asset Related Terms
Maxgrow India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Maxgrow 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:521167 vs RHI, KFY, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Maxgrow 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.
Maxgrow India Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Maxgrow India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Maxgrow 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 44.55% mean?
Maxgrow India (BOM:521167) has a Return-on-Tangible-Asset of 44.55% 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 Maxgrow India and its competitors. According to the industry distribution chart, Maxgrow India ranks #435 out of 1091 companies in the Business Services industry, placing it in the top 39.9%.
Is Maxgrow India's Return-on-Tangible-Asset too high?
Maxgrow India's current Return-on-Tangible-Asset is 44.55%. The Business Services industry median Return-on-Tangible-Asset is 4.35. Maxgrow India's value of 44.55% is 924.1% above this industry median. Based on the distribution chart, Maxgrow India ranks #435 out of 1091 companies in the Business Services industry, which is above the industry midpoint. Overall, Maxgrow India has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Maxgrow India's Return-on-Tangible-Asset compare to RHI and KFY?
According to the Business Services industry distribution chart, Maxgrow India ranks #435 out of 1091 companies for Return-on-Tangible-Asset. This puts Maxgrow India in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.35. Maxgrow India's value of 44.55% is 924.1% above 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.35, based on 1,091 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. Maxgrow India's current Return-on-Tangible-Asset of 44.55% is 924.1% 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 Maxgrow India and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxgrow India's current Return-on-Tangible-Asset is 44.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxgrow India stock overvalued right now?
Maxgrow India (BOM:521167) has a current Return-on-Tangible-Asset of 44.55%. The current Return-on-Tangible-Asset is 44.55% and 924.1% above the Business Services industry median of 4.35. Maxgrow India's overall GF Score™ is 27/100 with 5 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 Maxgrow India (BOM:521167), the current Return-on-Tangible-Asset is 44.55% 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.
Maxgrow India Ltd is engaged in metals trading with presence in ferrous and nonferrous scrap metals, industrial solutions, sustainable recycling, and value-added metal processing. The company also focuses on large-scale infrastructure projects in the mining and recycling sectors.
27GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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