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Premier ExplosivesBOM:526247 -0.15%68 Return-on-Tangible-Asset is 5.51% as of Mar. 2026, which is 61% above its 10-year median of 3.42. GuruFocus rates BOM:526247 with a GF Score™ of 68/100 and a GF Value™ of ₹547.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,613 Chemicals companies, Premier Explosives ranks better than 84.19% 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. Premier Explosives's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹263 Mil. Premier Explosives's average total tangible assets for the quarter that ended in Mar. 2026 was ₹4,777 Mil. Therefore, Premier Explosives's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.51%.
The historical rank and industry rank for Premier Explosives's Return-on-Tangible-Asset or its related term are showing as below:
BOM:526247'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.7 Med: 3.42 Max: 9.21
Current: 9.21
During the past 13 years, Premier Explosives's highest Return-on-Tangible-Asset was 9.21%. The lowest was -3.70%. And the median was 3.42%.
BOM:526247's Return-on-Tangible-Asset is ranked better than 84.19% of 1613
companies
in the Chemicals industry
Industry Median: 3.11
vs BOM:526247: 9.21
Premier Explosives (BOM:526247) 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.
Premier Explosives Return-on-Tangible-Asset Related Terms
Premier Explosives Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Premier Explosives'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:526247 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Premier Explosives'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.
Premier Explosives Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Premier Explosives's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Premier Explosives'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.51% mean?
Premier Explosives (BOM:526247) has a Return-on-Tangible-Asset of 5.51% 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 Premier Explosives and its competitors. This is 61% above median its historical median of 3.42. According to the industry distribution chart, Premier Explosives ranks #255 out of 1613 companies in the Chemicals industry, placing it in the top 15.8%.
Is Premier Explosives' Return-on-Tangible-Asset too high?
Premier Explosives' current Return-on-Tangible-Asset of 5.51% is 61% above median its 10-year median of 3.42. The Chemicals industry median Return-on-Tangible-Asset is 3.11. Premier Explosives' value of 5.51% is 77.2% above this industry median. Based on the distribution chart, Premier Explosives ranks #255 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Premier Explosives has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Explosives' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Premier Explosives ranks #255 out of 1613 companies for Return-on-Tangible-Asset. This places Premier Explosives in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.11. Premier Explosives' value of 5.51% is 77.2% above this benchmark. While the company's 10-year median is 3.42 vs. the industry median of 3.11, Premier Explosives 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.11, based on 1,613 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. Premier Explosives's current Return-on-Tangible-Asset of 5.51% is 77.2% 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 Premier Explosives and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Explosives's current Return-on-Tangible-Asset is 5.51%, which is 61% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Explosives stock overvalued right now?
Based on GuruFocus' analysis, Premier Explosives (BOM:526247) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹547.17, compared to a current price of ₹660.60 — trading 20.7% above its estimated fair value. The current Return-on-Tangible-Asset is 5.51%, which is 61% above median its 10-year median of 3.42 and 77.2% above the Chemicals industry median of 3.11. Premier Explosives' overall GF Score™ is 68/100 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 Premier Explosives (BOM:526247), the current Return-on-Tangible-Asset is 5.51% 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 Premier Explosives (BOM:526247) Overvalued in 2026?
Based on GuruFocus' analysis, Premier Explosives stock appears to be overvalued.
The current stock price of ₹660.60 is trading 20.7% above its estimated GF Value™ of ₹547.17.
GuruFocus considers Premier Explosives to be Modestly Overvalued.
Key valuation signals for BOM:526247:
Return-on-Tangible-Asset: 5.51% (61% above median its 10-year median of 3.42)
GF Value™: ₹547.17 vs. price of ₹660.60 (20.7% above fair value)
Industry Position: 77.2% above the Chemicals median (#255 of 1613)
No single metric tells the full story. See the BOM:526247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premier Explosives Ltd is engaged in the business of high-energy materials, including commercial explosives and defence explosives, which are used in mining and infrastructure sectors and also the manufacture of missiles and other defence items. The company also operates and maintains solid propellant plants of defence and space establishments. Its products include bulk explosives, packaged explosives, detonators, solid propellants, and others. Geographically, it has operations within India and outside India. The company generates the majority of its sales from India.
68GF Score
Get the complete analysis for BOM:526247
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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