AVI Products India (BOM:523896) Return-on-Tangible-Asset: -43.24% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:523896 AVI Products India Ltd BOM:523896
38 GF Score
Price ₹49.91
GF Value ₹6.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is AVI Products India Return-on-Tangible-Asset?

AVI Products India BOM:523896 38 Return-on-Tangible-Asset is -43.24% as of Mar. 2026. GuruFocus rates BOM:523896 with a GF Score™ of 38/100 and a GF Value™ of ₹6.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 120 Medical Distribution companies, AVI Products India ranks worse than 93.33% 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. AVI Products India's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-22.64 Mil. AVI Products India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹52.35 Mil. Therefore, AVI Products India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -43.24%.

The historical rank and industry rank for AVI Products India's Return-on-Tangible-Asset or its related term are showing as below:

BOM:523896' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.37   Med: 3.54   Max: 6.54
Current: -29.22

During the past 13 years, AVI Products India's highest Return-on-Tangible-Asset was 6.54%. The lowest was -29.37%. And the median was 3.54%.

BOM:523896's Return-on-Tangible-Asset is ranked worse than
93.33% of 120 companies
in the Medical Distribution industry
Industry Median: 2.38 vs BOM:523896: -29.22

AVI Products India  (BOM:523896) 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.


AVI Products India Return-on-Tangible-Asset Related Terms


AVI Products India Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for AVI Products 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.

AVI Products India Return-on-Tangible-Asset Chart

AVI Products India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 4.32 3.97 0.67 -29.37

AVI Products India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.13 -19.82 -32.20 -25.74 -43.24

BOM:523896 vs MCK, COR, CAH: Return-on-Tangible-Asset Comparison

For the Medical Distribution subindustry, AVI Products 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.


AVI Products India Return-on-Tangible-Asset vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AVI Products India's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where AVI Products India's Return-on-Tangible-Asset falls into.


BOM:523896
38GF Score
AVI Products India Ltd BOM:523896
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVI Products India Return-on-Tangible-Asset Calculation

AVI Products India's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-19.426/( (79.948+52.351)/ 2 )
=-19.426/66.1495
=-29.37 %

AVI Products India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-22.636/( (0+52.351)/ 1 )
=-22.636/52.351
=-43.24 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of -43.24% mean?
AVI Products India (BOM:523896) has a Return-on-Tangible-Asset of -43.24% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AVI Products India and its competitors. According to the industry distribution chart, AVI Products India ranks #112 out of 120 companies in the Medical Distribution industry, placing it in the top 93.3%.
Is AVI Products India's Return-on-Tangible-Asset too high?
AVI Products India's current Return-on-Tangible-Asset is -43.24%. Based on the distribution chart, AVI Products India ranks #112 out of 120 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, AVI Products India has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVI Products India's Return-on-Tangible-Asset compare to MCK and COR?
According to the Medical Distribution industry distribution chart, AVI Products India ranks #112 out of 120 companies for Return-on-Tangible-Asset. This places AVI Products India in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.38. 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 Medical Distribution company?
The median Return-on-Tangible-Asset among Medical Distribution companies is 2.38, based on 120 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 AVI Products India and its competitors. For the Medical Distribution industry, the median Return-on-Tangible-Asset is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVI Products India's current Return-on-Tangible-Asset is -43.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVI Products India stock overvalued right now?
Based on GuruFocus' analysis, AVI Products India (BOM:523896) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6.67, compared to a current price of ₹49.91 — trading 648.3% above its estimated fair value. The current Return-on-Tangible-Asset is -43.24%. AVI Products India's overall GF Score™ is 38/100 with 7 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 AVI Products India (BOM:523896), the current Return-on-Tangible-Asset is -43.24% as of Mar. 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 AVI Products India (BOM:523896) Overvalued in 2026?

Based on GuruFocus' analysis, AVI Products India stock appears to be overvalued. The current stock price of ₹49.91 is trading 648.3% above its estimated GF Value™ of ₹6.67. GuruFocus considers AVI Products India to be Significantly Overvalued.

Key valuation signals for BOM:523896:

  • Return-on-Tangible-Asset: -43.24%
  • GF Value™: ₹6.67 vs. price of ₹49.91 (648.3% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the BOM:523896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVI Products India Business Description

Address Navghar Road, 110, Manish Industrial Estate No. 4, Vasai -East, Palghar, MH, IND, 401210
AVI Products India Ltd is an India-based company that operates in two main segments: E-commerce and Trading, and Food and Beverages. The E-commerce segment distributes dental products like endo-motors, intraoral cameras, curing machines, autoclaves, dental chemicals, and orthodontic materials through Dentaldeal. in. The Food and Beverages segment, under the IFRUIT brand, runs franchises offering ice cream rollies, kulfis, sorbets, sundaes, smoothies, milkshakes, and Belgium waffles. The majority of its revenue comes from e-commerce and Trading.
38GF Score

Get the complete analysis for BOM:523896

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹49.91
Price
₹6.67
GF Value