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Elegant Marbles & Grani IndustriesBOM:526705 +4.53%71 Return-on-Tangible-Asset is 0.59% as of Mar. 2026, which is 80% below its 10-year median of 3.01. GuruFocus rates BOM:526705 with a GF Score™ of 71/100 and a GF Value™ of ₹292.79 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,780 Construction companies, Elegant Marbles & Grani Industries ranks worse than 54.89% on this metric.
The historical rank and industry rank for Elegant Marbles & Grani Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:526705'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.95 Med: 3.01 Max: 6.49
Current: 2.3
During the past 13 years, Elegant Marbles & Grani Industries's highest Return-on-Tangible-Asset was 6.49%. The lowest was -0.95%. And the median was 3.01%.
BOM:526705's Return-on-Tangible-Asset is ranked worse than 54.89% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs BOM:526705: 2.30
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.
Elegant Marbles & Grani Industries Return-on-Tangible-Asset Related Terms
Elegant Marbles & Grani Industries Return-on-Tangible-Asset Historical Data
* 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:526705 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Elegant Marbles & Grani Industries'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.
Elegant Marbles & Grani Industries Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Elegant Marbles & Grani Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Elegant Marbles & Grani Industries'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 0.59% mean?
Elegant Marbles & Grani Industries (BOM:526705) has a Return-on-Tangible-Asset of 0.59% 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 Elegant Marbles & Grani Industries and its competitors. This is 80% below median its historical median of 3.01. According to the industry distribution chart, Elegant Marbles & Grani Industries ranks #977 out of 1780 companies in the Construction industry, placing it in the top 54.9%.
Is Elegant Marbles & Grani Industries' Return-on-Tangible-Asset too high?
Elegant Marbles & Grani Industries' current Return-on-Tangible-Asset of 0.59% is 80% below median its 10-year median of 3.01. The Construction industry median Return-on-Tangible-Asset is 3.06. Elegant Marbles & Grani Industries' value of 0.59% is 80.7% below this industry median. Based on the distribution chart, Elegant Marbles & Grani Industries ranks #977 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, Elegant Marbles & Grani Industries has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Marbles & Grani Industries' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Elegant Marbles & Grani Industries ranks #977 out of 1780 companies for Return-on-Tangible-Asset. This places Elegant Marbles & Grani Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Elegant Marbles & Grani Industries' value of 0.59% is 80.7% below this benchmark. While the company's 10-year median is 3.01 vs. the industry median of 3.06, Elegant Marbles & Grani Industries has consistently been below 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Elegant Marbles & Grani Industries's current Return-on-Tangible-Asset of 0.59% is 80.7% below 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 Elegant Marbles & Grani Industries and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegant Marbles & Grani Industries's current Return-on-Tangible-Asset is 0.59%, which is 80% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Marbles & Grani Industries stock overvalued right now?
Based on GuruFocus' analysis, Elegant Marbles & Grani Industries (BOM:526705) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹292.79, compared to a current price of ₹178.80 — trading 38.9% below its estimated fair value. The current Return-on-Tangible-Asset is 0.59%, which is 80% below median its 10-year median of 3.01 and 80.7% below the Construction industry median of 3.06. Elegant Marbles & Grani Industries' overall GF Score™ is 71/100 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 Elegant Marbles & Grani Industries (BOM:526705), the current Return-on-Tangible-Asset is 0.59% 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 Elegant Marbles & Grani Industries (BOM:526705) Overvalued in 2026?
Based on GuruFocus' analysis, Elegant Marbles & Grani Industries stock appears to be undervalued.
The current stock price of ₹178.80 is trading 38.9% below its estimated GF Value™ of ₹292.79.
GuruFocus considers Elegant Marbles & Grani Industries to be Significantly Undervalued.
Key valuation signals for BOM:526705:
Return-on-Tangible-Asset: 0.59% (80% below median its 10-year median of 3.01)
GF Value™: ₹292.79 vs. price of ₹178.80 (38.9% below fair value)
Industry Position: 80.7% below the Construction median (#977 of 1780)
No single metric tells the full story. See the BOM:526705 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elegant Marbles & Grani Industries Business Description
Elegant Marbles & Grani Industries Ltd is a manufacturer, exporter, and importer of Indian and imported granites and marbles. The company manufactures and deals only in Marbles and Granites and allied products. The company's offerings includes Marbles and Stones, Onyx and Crystal Onyx, Designer Tiles, Mosaics, Marbles, Gemstones, Travertine, Granite and others.
71GF Score
Get the complete analysis for BOM:526705
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