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Ashtasidhhi IndustriesBOM:531341 -4.07%49 Return-on-Tangible-Asset is 2.07% as of Jun. 2026, which is 547% above its 10-year median of 0.32. GuruFocus rates BOM:531341 with a GF Score™ of 49/100. The stock has 2 warning signs investors should review. Among 549 Credit Services companies, Ashtasidhhi Industries ranks worse than 59.02% 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. Ashtasidhhi Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹3.17 Mil. Ashtasidhhi Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹153.57 Mil. Therefore, Ashtasidhhi Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.07%.
The historical rank and industry rank for Ashtasidhhi Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:531341'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.74 Med: 0.32 Max: 2.94
Current: 1.24
During the past 13 years, Ashtasidhhi Industries's highest Return-on-Tangible-Asset was 2.94%. The lowest was -3.74%. And the median was 0.32%.
BOM:531341's Return-on-Tangible-Asset is ranked worse than 59.02% of 549
companies
in the Credit Services industry
Industry Median: 2.04
vs BOM:531341: 1.24
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.
Ashtasidhhi Industries Return-on-Tangible-Asset Related Terms
Ashtasidhhi Industries Return-on-Tangible-Asset Historical Data
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The historical data trend for Ashtasidhhi 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:531341 vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Ashtasidhhi 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.
Ashtasidhhi Industries Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ashtasidhhi Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashtasidhhi 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 2.07% mean?
Ashtasidhhi Industries (BOM:531341) has a Return-on-Tangible-Asset of 2.07% 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 Ashtasidhhi Industries and its competitors. This is 547% above median its historical median of 0.32. According to the industry distribution chart, Ashtasidhhi Industries ranks #324 out of 549 companies in the Credit Services industry, placing it in the top 59%.
Is Ashtasidhhi Industries' Return-on-Tangible-Asset too high?
Ashtasidhhi Industries' current Return-on-Tangible-Asset of 2.07% is 547% above median its 10-year median of 0.32. The Credit Services industry median Return-on-Tangible-Asset is 2.04. Ashtasidhhi Industries' value of 2.07% is 1.5% above this industry median. Based on the distribution chart, Ashtasidhhi Industries ranks #324 out of 549 companies in the Credit Services industry, which is below the industry midpoint. Overall, Ashtasidhhi Industries has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Ashtasidhhi Industries' Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Ashtasidhhi Industries ranks #324 out of 549 companies for Return-on-Tangible-Asset. This places Ashtasidhhi Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Ashtasidhhi Industries' value of 2.07% is 1.5% above this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 2.04, Ashtasidhhi Industries 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.04, based on 549 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. Ashtasidhhi Industries's current Return-on-Tangible-Asset of 2.07% is 1.5% 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 Ashtasidhhi Industries and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashtasidhhi Industries's current Return-on-Tangible-Asset is 2.07%, which is 547% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtasidhhi Industries stock overvalued right now?
Ashtasidhhi Industries (BOM:531341) has a current Return-on-Tangible-Asset of 2.07%. The current Return-on-Tangible-Asset is 2.07%, which is 547% above median its 10-year median of 0.32 and 1.5% above the Credit Services industry median of 2.04. Ashtasidhhi Industries' overall GF Score™ is 49/100 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 Ashtasidhhi Industries (BOM:531341), the current Return-on-Tangible-Asset is 2.07% 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.
Ashtasidhhi Industries Ltd operates as a non-banking finance company in India. The company is engaged in the finance, investment, and leasing businesses, as well as the hire or acquisition of immovable or movable property. It has single reportable segments for NBFC. The company generates revenue from Interest income, Dividends received, and the sale of Investments.
49GF Score
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