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Themis MedicareBOM:530199 +2.96%70 Return-on-Tangible-Asset is 16.47% as of Jun. 2026, which is 146% above its 10-year median of 6.69. GuruFocus rates BOM:530199 with a GF Score™ of 70/100 and a GF Value™ of ₹141.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,006 Drug Manufacturers companies, Themis Medicare ranks better than 67% 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. Themis Medicare's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹984 Mil. Themis Medicare's average total tangible assets for the quarter that ended in Jun. 2026 was ₹5,978 Mil. Therefore, Themis Medicare's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.47%.
The historical rank and industry rank for Themis Medicare's Return-on-Tangible-Asset or its related term are showing as below:
BOM:530199'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.49 Med: 6.69 Max: 18.3
Current: 6.78
During the past 13 years, Themis Medicare's highest Return-on-Tangible-Asset was 18.30%. The lowest was -3.49%. And the median was 6.69%.
BOM:530199's Return-on-Tangible-Asset is ranked better than 67% of 1006
companies
in the Drug Manufacturers industry
Industry Median: 3.085
vs BOM:530199: 6.78
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.
Themis Medicare Return-on-Tangible-Asset Related Terms
Themis Medicare Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Themis Medicare'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:530199 vs ZTS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Themis Medicare'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.
Themis Medicare Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Themis Medicare's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Themis Medicare'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 16.47% mean?
Themis Medicare (BOM:530199) has a Return-on-Tangible-Asset of 16.47% 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 Themis Medicare and its competitors. This is 146% above median its historical median of 6.69. According to the industry distribution chart, Themis Medicare ranks #332 out of 1006 companies in the Drug Manufacturers industry, placing it in the top 33%.
Is Themis Medicare's Return-on-Tangible-Asset too high?
Themis Medicare's current Return-on-Tangible-Asset of 16.47% is 146% above median its 10-year median of 6.69. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.09. Themis Medicare's value of 16.47% is 433.9% above this industry median. Based on the distribution chart, Themis Medicare ranks #332 out of 1006 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Themis Medicare has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Themis Medicare's Return-on-Tangible-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Themis Medicare ranks #332 out of 1006 companies for Return-on-Tangible-Asset. This puts Themis Medicare in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.09. Themis Medicare's value of 16.47% is 433.9% above this benchmark. While the company's 10-year median is 6.69 vs. the industry median of 3.09, Themis Medicare 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.09, based on 1,006 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. Themis Medicare's current Return-on-Tangible-Asset of 16.47% is 433.9% 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 Themis Medicare and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Themis Medicare's current Return-on-Tangible-Asset is 16.47%, which is 146% above median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Themis Medicare stock overvalued right now?
Based on GuruFocus' analysis, Themis Medicare (BOM:530199) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹141.64, compared to a current price of ₹106.00 — trading 25.2% below its estimated fair value. The current Return-on-Tangible-Asset is 16.47%, which is 146% above median its 10-year median of 6.69 and 433.9% above the Drug Manufacturers industry median of 3.09. Themis Medicare's overall GF Score™ is 70/100 with 3 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 Themis Medicare (BOM:530199), the current Return-on-Tangible-Asset is 16.47% 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.
Is Themis Medicare (BOM:530199) Overvalued in 2026?
Based on GuruFocus' analysis, Themis Medicare stock appears to be undervalued.
The current stock price of ₹106.00 is trading 25.2% below its estimated GF Value™ of ₹141.64.
GuruFocus considers Themis Medicare to be Modestly Undervalued.
Key valuation signals for BOM:530199:
Return-on-Tangible-Asset: 16.47% (146% above median its 10-year median of 6.69)
GF Value™: ₹141.64 vs. price of ₹106.00 (25.2% below fair value)
Industry Position: 433.9% above the Drug Manufacturers median (#332 of 1006)
No single metric tells the full story. See the BOM:530199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Themis Medicare Ltd is an Indian based company engaged in the manufacturing and marketing of pharmaceutical products. The Company operates only in one business segment which is Pharmaceuticals. Geographically, it derives a majority of revenue from India and also has a presence in the international market. Its product categories include Anti Malarial, CCD products, Nutritional Gummies, and Candy and Other Products such as OD-LM, Dexem, Medzol and Tazowin.
70GF Score
Get the complete analysis for BOM:530199
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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