Rap (BOM:531583) Return-on-Tangible-Asset: 0.42% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531583 Rap Corp Ltd BOM:531583
34 GF Score
Price ₹34.78
! 2 Warning Signs
View Full Analysis

What is Rap Return-on-Tangible-Asset?

Rap BOM:531583 -9.66% 34 Return-on-Tangible-Asset is 0.42% as of Jun. 2026. GuruFocus rates BOM:531583 with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,800 Real Estate companies, Rap ranks better than 99.94% 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. Rap's annualized Net Income for the quarter that ended in Jun. 2026 was ₹2.3 Mil. Rap's average total tangible assets for the quarter that ended in Jun. 2026 was ₹553.6 Mil. Therefore, Rap's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.42%.

The historical rank and industry rank for Rap's Return-on-Tangible-Asset or its related term are showing as below:

BOM:531583' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.52   Med: -5.6   Max: 79.55
Current: 73.54

During the past 13 years, Rap's highest Return-on-Tangible-Asset was 79.55%. The lowest was -7.52%. And the median was -5.60%.

BOM:531583's Return-on-Tangible-Asset is ranked better than
99.94% of 1800 companies
in the Real Estate industry
Industry Median: 1.795 vs BOM:531583: 73.54

Rap  (BOM:531583) 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 company’s 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 company’s 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.


Rap Return-on-Tangible-Asset Related Terms


Rap Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rap'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.

Rap Return-on-Tangible-Asset Chart

Rap Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.42 -6.59 -6.36 -4.83 79.55

Rap Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.10 253.04 -0.08 4.53 0.42

Rap Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Diversified subindustry, Rap'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.


Rap Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Rap's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Rap's Return-on-Tangible-Asset falls into.


BOM:531583
34GF Score
Rap Corp Ltd BOM:531583
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rap Return-on-Tangible-Asset Calculation

Rap's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=438.292/( (548.36+553.624)/ 2 )
=438.292/550.992
=79.55 %

Rap's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=2.34/( (553.624+0)/ 1 )
=2.34/553.624
=0.42 %

* 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 0.42% mean?
Rap (BOM:531583) has a Return-on-Tangible-Asset of 0.42% 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 Rap and its competitors. According to the industry distribution chart, Rap ranks #1 out of 1800 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is Rap's Return-on-Tangible-Asset too high?
Rap's current Return-on-Tangible-Asset is 0.42%. The Real Estate industry median Return-on-Tangible-Asset is 1.80. Rap's value of 0.42% is 76.6% below this industry median. Based on the distribution chart, Rap ranks #1 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Rap has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Rap's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Rap ranks #1 out of 1800 companies for Return-on-Tangible-Asset. This places Rap in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.80. Rap's value of 0.42% is 76.6% below this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.80, based on 1,800 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. Rap's current Return-on-Tangible-Asset of 0.42% is 76.6% 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 Rap and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rap's current Return-on-Tangible-Asset is 0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rap stock overvalued right now?
Rap (BOM:531583) has a current Return-on-Tangible-Asset of 0.42%. The current Return-on-Tangible-Asset is 0.42% and 76.6% below the Real Estate industry median of 1.80. Rap's overall GF Score™ is 34/100 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 Rap (BOM:531583), the current Return-on-Tangible-Asset is 0.42% 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.

Rap Business Description

Address B1, Lilaram Bhavan, Dandpada, KharDanda, Khar Colony, Khar West, Mumbai, MH, IND, 400052
Rap Corp Ltd is an India-based real estate company. The business activities of the group include designing, creating, managing and developing multiplex theatres and malls. It also leases its properties. Geographically the activities function through the region of India.
34GF Score

Get the complete analysis for BOM:531583

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹34.78
Price