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Brightcom Group (BOM:532368) Return-on-Tangible-Asset : 5.58% (As of Mar. 2025)


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What is Brightcom Group Return-on-Tangible-Asset?

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. Brightcom Group's annualized Net Income for the quarter that ended in Mar. 2025 was ₹4,827 Mil. Brightcom Group's average total tangible assets for the quarter that ended in Mar. 2025 was ₹86,519 Mil. Therefore, Brightcom Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.58%.

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

BOM:532368' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.59   Med: 17.58   Max: 23.17
Current: 8.59

During the past 13 years, Brightcom Group's highest Return-on-Tangible-Asset was 23.17%. The lowest was 8.59%. And the median was 17.58%.

BOM:532368's Return-on-Tangible-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.395 vs BOM:532368: 8.59

Brightcom Group Return-on-Tangible-Asset Historical Data

The historical data trend for Brightcom Group'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.

* Premium members only.

Brightcom Group Return-on-Tangible-Asset Chart

Brightcom Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.19 23.17 22.87 9.35 8.66

Brightcom Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.97 8.24 8.88 11.61 5.58

Competitive Comparison of Brightcom Group's Return-on-Tangible-Asset

For the Advertising Agencies subindustry, Brightcom Group'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.


Brightcom Group's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightcom Group's Return-on-Tangible-Asset distribution charts can be found below:

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


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Brightcom Group Return-on-Tangible-Asset Calculation

Brightcom Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=7100.381/( (77437.84+86519.098)/ 2 )
=7100.381/81978.469
=8.66 %

Brightcom Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=4827.076/( (0+86519.098)/ 1 )
=4827.076/86519.098
=5.58 %

* 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 (Mar. 2025) net income data.


Brightcom Group  (BOM:532368) 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.


Brightcom Group Return-on-Tangible-Asset Related Terms

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Brightcom Group Business Description

Traded in Other Exchanges
N/A
Address
Road No. 2, Nanakramguda, 5th Floor, Fairfield by Marriott, Gachibowli, Hyderabad, TG, IND, 500032
Brightcom Group Ltd is an Indian service company. It is engaged in providing digital marketing services, and the development of computer software and services locally and overseas. The firm operates through two segments: Digital Marketing and Software Development Segment. The company is also an information technology implementation and outsourcing services provider. It offers digital marketing solutions to businesses, agencies and online publishers around the world. It provides enterprise solution offerings and specializes in enterprise resource planning (ERP) solutions, Microsoft, and open source systems development.

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