Poddar Housing and Development (BOM:523628) Return-on-Tangible-Asset: -0.58% (As of Mar. 2024)

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BOM:523628 Poddar Housing and Development Ltd BOM:523628
4 GF Score
Price ₹49.21
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What is Poddar Housing and Development Return-on-Tangible-Asset?

Poddar Housing and Development BOM:523628 4 Return-on-Tangible-Asset is -0.58% as of Mar. 2024. GuruFocus rates BOM:523628 with a GF Score™ of 4/100.

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. Poddar Housing and Development's annualized Net Income for the quarter that ended in Mar. 2024 was ₹-41.6 Mil. Poddar Housing and Development's average total tangible assets for the quarter that ended in Mar. 2024 was ₹7,196.2 Mil. Therefore, Poddar Housing and Development's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -0.58%.

The historical rank and industry rank for Poddar Housing and Development's Return-on-Tangible-Asset or its related term are showing as below:

BOM:523628's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.795
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Poddar Housing and Development  (BOM:523628) 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 company’s 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 company’s 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.


Poddar Housing and Development Return-on-Tangible-Asset Related Terms


Poddar Housing and Development Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Poddar Housing and Development'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.

Poddar Housing and Development Return-on-Tangible-Asset Chart

Poddar Housing and Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.87 -0.34 -4.40 -6.75 -6.02

Poddar Housing and Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.02 -11.85 -7.07 -8.44 -0.58

Poddar Housing and Development Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Poddar Housing and Development'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.


Poddar Housing and Development Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Poddar Housing and Development's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Poddar Housing and Development's Return-on-Tangible-Asset falls into.


BOM:523628
4GF Score
Poddar Housing and Development Ltd BOM:523628
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Poddar Housing and Development Return-on-Tangible-Asset Calculation

Poddar Housing and Development's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-443.676/( (7543.947+7196.159)/ 2 )
=-443.676/7370.053
=-6.02 %

Poddar Housing and Development's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-41.572/( (0+7196.159)/ 1 )
=-41.572/7196.159
=-0.58 %

* 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 (Mar. 2024) net income data.

What does a Return-on-Tangible-Asset of -0.58% mean?
Poddar Housing and Development (BOM:523628) has a Return-on-Tangible-Asset of -0.58% as of Mar. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Poddar Housing and Development and its competitors.
Is Poddar Housing and Development's Return-on-Tangible-Asset too high?
Poddar Housing and Development's current Return-on-Tangible-Asset is -0.58%. Overall, Poddar Housing and Development has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Poddar Housing and Development's Return-on-Tangible-Asset compare to competitors?
Poddar Housing and Development's Return-on-Tangible-Asset of -0.58% can be compared against companies in the Real Estate 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 Poddar Housing and Development 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. Poddar Housing and Development's current Return-on-Tangible-Asset is -0.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poddar Housing and Development stock overvalued right now?
Poddar Housing and Development (BOM:523628) has a current Return-on-Tangible-Asset of -0.58%. The current Return-on-Tangible-Asset is -0.58%. Poddar Housing and Development's overall GF Score™ is 4/100. 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 Poddar Housing and Development (BOM:523628), the current Return-on-Tangible-Asset is -0.58% as of Mar. 2024. 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.

Poddar Housing and Development Business Description

Address 126, N.M. Joshi Marg, Poddar Group Building, Unit Number 3 and 5, Neeru Silk Mills, Mathuradas Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Poddar Housing and Development Ltd is engaged in the real estate business. It is involved in the construction, development and sale of the real estate segment. The company operates under various brands that are Poddar Svakam, Poddar Anantah, and Poddar Spraha. The sale of properties generate maximum revenue for the company. Its project consists of Samruddhi Evergreens, Samruddhi Complex, Poddar Svakam Vihar, and others. The company operates in the Indian region.
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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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