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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. GMR Airports's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹3,642 Mil. GMR Airports's average total tangible assets for the quarter that ended in Jun. 2026 was ₹537,098 Mil. Therefore, GMR Airports's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.68%.
The historical rank and industry rank for GMR Airports's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532754'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.99 Med: -1.88 Max: 0.94
Current: 0.94
During the past 13 years, GMR Airports's highest Return-on-Tangible-Asset was 0.94%. The lowest was -9.99%. And the median was -1.88%.
BOM:532754's Return-on-Tangible-Asset is ranked worse than 74.46% of 1018
companies
in the Transportation industry
Industry Median: 3.815
vs BOM:532754: 0.94
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.
GMR Airports Return-on-Tangible-Asset Related Terms
GMR Airports Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GMR Airports'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:532754 vs JOBY, CAAP: Return-on-Tangible-Asset Comparison
For the Airports & Air Services subindustry, GMR Airports'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.
GMR Airports Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, GMR Airports's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GMR Airports'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 0.68% mean?
GMR Airports (BOM:532754) has a Return-on-Tangible-Asset of 0.68% 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 GMR Airports and its competitors. According to the industry distribution chart, GMR Airports ranks #758 out of 1018 companies in the Transportation industry, placing it in the top 74.5%.
Is GMR Airports' Return-on-Tangible-Asset too high?
GMR Airports' current Return-on-Tangible-Asset is 0.68%. The Transportation industry median Return-on-Tangible-Asset is 3.82. GMR Airports' value of 0.68% is 82.2% below this industry median. Based on the distribution chart, GMR Airports ranks #758 out of 1018 companies in the Transportation industry, which is below the industry midpoint. Overall, GMR Airports has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GMR Airports' Return-on-Tangible-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, GMR Airports ranks #758 out of 1018 companies for Return-on-Tangible-Asset. This places GMR Airports in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.82. GMR Airports' value of 0.68% is 82.2% 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.82, based on 1,018 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. GMR Airports's current Return-on-Tangible-Asset of 0.68% is 82.2% 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 GMR Airports and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMR Airports's current Return-on-Tangible-Asset is 0.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMR Airports stock overvalued right now?
Based on GuruFocus' analysis, GMR Airports (BOM:532754) is currently considered Fairly Valued. The stock's GF Value™ is ₹98.82, compared to a current price of ₹97.30 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.68% and 82.2% below the Transportation industry median of 3.82. GMR Airports' overall GF Score™ is 78/100 with 4 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 GMR Airports (BOM:532754), the current Return-on-Tangible-Asset is 0.68% 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 GMR Airports (BOM:532754) Overvalued in 2026?
Based on GuruFocus' analysis, GMR Airports stock appears to be undervalued.
The current stock price of ₹97.30 is trading 1.5% below its estimated GF Value™ of ₹98.82.
GuruFocus considers GMR Airports to be Fairly Valued.
Key valuation signals for BOM:532754:
Return-on-Tangible-Asset: 0.68%
GF Value™: ₹98.82 vs. price of ₹97.30 (1.5% below fair value)
Industry Position: 82.2% below the Transportation median (#758 of 1018)
No single metric tells the full story. See the BOM:532754 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GMR Airports Ltd is an airport platform company engaged in designing, constructing, and operating airports. Under the brand name GMR AERO, it offers aviation solutions in retail, aero services, and real estate. The group's portfolio comprises various airports such as Delhi International Airport, Hyderabad International Airport, Mactan Cebu International Airport in Philippines, Bidar Airport, Crete International Airport in Greece, and others.
78GF Score
Get the complete analysis for BOM:532754
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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