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.
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.
Mayur Leather ProductsBOM:531680 -2.90%29 Return-on-Tangible-Asset is -2.56% as of Jun. 2026. GuruFocus rates BOM:531680 with a GF Score™ of 29/100. The stock has 9 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Mayur Leather Products ranks better than 83.3% 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. Mayur Leather Products's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-3.57 Mil. Mayur Leather Products's average total tangible assets for the quarter that ended in Jun. 2026 was ₹139.35 Mil. Therefore, Mayur Leather Products's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -2.56%.
The historical rank and industry rank for Mayur Leather Products's Return-on-Tangible-Asset or its related term are showing as below:
BOM:531680'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.69 Med: -7.25 Max: 8.52
Current: 8.22
During the past 13 years, Mayur Leather Products's highest Return-on-Tangible-Asset was 8.52%. The lowest was -21.69%. And the median was -7.25%.
BOM:531680's Return-on-Tangible-Asset is ranked better than 83.3% of 1072
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.36
vs BOM:531680: 8.22
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.
Mayur Leather Products Return-on-Tangible-Asset Related Terms
Mayur Leather Products Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mayur Leather Products'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:531680 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Mayur Leather Products'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.
Mayur Leather Products Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mayur Leather Products's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mayur Leather Products'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 -2.56% mean?
Mayur Leather Products (BOM:531680) has a Return-on-Tangible-Asset of -2.56% 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 Mayur Leather Products and its competitors. According to the industry distribution chart, Mayur Leather Products ranks #179 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 16.7%.
Is Mayur Leather Products' Return-on-Tangible-Asset too high?
Mayur Leather Products' current Return-on-Tangible-Asset is -2.56%. Based on the distribution chart, Mayur Leather Products ranks #179 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mayur Leather Products has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Mayur Leather Products' Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mayur Leather Products ranks #179 out of 1072 companies for Return-on-Tangible-Asset. This places Mayur Leather Products in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.36. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.36, based on 1,072 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 Mayur Leather Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayur Leather Products's current Return-on-Tangible-Asset is -2.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayur Leather Products stock overvalued right now?
Mayur Leather Products (BOM:531680) has a current Return-on-Tangible-Asset of -2.56%. The current Return-on-Tangible-Asset is -2.56%. Mayur Leather Products' overall GF Score™ is 29/100 with 9 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 Mayur Leather Products (BOM:531680), the current Return-on-Tangible-Asset is -2.56% 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.
Mayur Leather Products Ltd is engaged in the manufacturing and export of Leather Shoes and Shoe Uppers. The company exports its product as well as sells it in the Local market. The company operates in only safety leather footwear segment. Geographically the company generates the majority of its revenue from sales in India.
29GF Score
Get the complete analysis for BOM:531680
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531680 has been successfully added to your 
