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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. Charms Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-1.76 Mil. Charms Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹5.03 Mil. Therefore, Charms Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -34.89%.
The historical rank and industry rank for Charms Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:531327'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -51 Med: -21.57 Max: -5.47
Current: -38.07
During the past 13 years, Charms Industries's highest Return-on-Tangible-Asset was -5.47%. The lowest was -51.00%. And the median was -21.57%.
BOM:531327's Return-on-Tangible-Asset is not ranked
in the Capital Markets industry.
Industry Median: 1.55
vs BOM:531327: -38.07
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.
Charms Industries Return-on-Tangible-Asset Related Terms
Charms Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Charms Industries'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:531327 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Charms 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.
Charms Industries Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Charms Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Charms 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -34.89% mean?
Charms Industries (BOM:531327) has a Return-on-Tangible-Asset of -34.89% 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 Charms Industries and its competitors.
Is Charms Industries' Return-on-Tangible-Asset too high?
Charms Industries' current Return-on-Tangible-Asset is -34.89%. Overall, Charms Industries has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Charms Industries' Return-on-Tangible-Asset compare to MS and GS?
Charms Industries' Return-on-Tangible-Asset of -34.89% can be compared against companies in the Capital Markets industry. The industry median Return-on-Tangible-Asset is 1.55. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 811 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 Charms Industries and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charms Industries's current Return-on-Tangible-Asset is -34.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charms Industries stock overvalued right now?
Charms Industries (BOM:531327) has a current Return-on-Tangible-Asset of -34.89%. The stock's GF Value™ is ₹1.62, compared to a current price of ₹6.86 — trading 323.5% above its estimated fair value. The current Return-on-Tangible-Asset is -34.89%. Charms Industries' overall GF Score™ is 39/100 with 2 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 Charms Industries (BOM:531327), the current Return-on-Tangible-Asset is -34.89% 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 Charms Industries (BOM:531327) Overvalued in 2026?
Based on GuruFocus' analysis, Charms Industries stock appears to be overvalued.
The current stock price of ₹6.86 is trading 323.5% above its estimated GF Value™ of ₹1.62.
Key valuation signals for BOM:531327:
Return-on-Tangible-Asset: -34.89%
GF Value™: ₹1.62 vs. price of ₹6.86 (323.5% above fair value)
No single metric tells the full story. See the BOM:531327 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charms Industries Ltd is engaged in the agricultural produce business. The company deals in all or any types of products agricultural, horticulture, herbals, industrial products, consumer products, consumer durables, building materials, pharmaceuticals, engineering, chemicals, petrochemicals, rubber, plastics, polymers, textiles, all types of precious metals, metal ferrous and non-ferrous metal products, stones, semi-precious stones, precious stones of all shapes, specifications, and varieties. The company has decided to explore and commence a new business line of trading and dealing with Sponge Iron.
39GF Score
Get the complete analysis for BOM:531327
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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