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Asahi Songwon ColorsBOM:532853 -0.42%75 Return-on-Tangible-Asset is 13.39% as of Jun. 2026, which is 158% above its 10-year median of 5.18. GuruFocus rates BOM:532853 with a GF Score™ of 75/100 and a GF Value™ of ₹385.18 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,618 Chemicals companies, Asahi Songwon Colors ranks better than 68.91% 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. Asahi Songwon Colors's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹769 Mil. Asahi Songwon Colors's average total tangible assets for the quarter that ended in Jun. 2026 was ₹5,745 Mil. Therefore, Asahi Songwon Colors's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.39%.
The historical rank and industry rank for Asahi Songwon Colors's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532853'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.36 Med: 5.18 Max: 11.77
Current: 6.24
During the past 13 years, Asahi Songwon Colors's highest Return-on-Tangible-Asset was 11.77%. The lowest was -2.36%. And the median was 5.18%.
BOM:532853's Return-on-Tangible-Asset is ranked better than 68.91% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs BOM:532853: 6.24
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.
Asahi Songwon Colors Return-on-Tangible-Asset Related Terms
Asahi Songwon Colors Return-on-Tangible-Asset Historical Data
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The historical data trend for Asahi Songwon Colors'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:532853 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Asahi Songwon Colors'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.
Asahi Songwon Colors Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asahi Songwon Colors's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asahi Songwon Colors'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 13.39% mean?
Asahi Songwon Colors (BOM:532853) has a Return-on-Tangible-Asset of 13.39% 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 Asahi Songwon Colors and its competitors. This is 158% above median its historical median of 5.18. According to the industry distribution chart, Asahi Songwon Colors ranks #503 out of 1618 companies in the Chemicals industry, placing it in the top 31.1%.
Is Asahi Songwon Colors' Return-on-Tangible-Asset too high?
Asahi Songwon Colors' current Return-on-Tangible-Asset of 13.39% is 158% above median its 10-year median of 5.18. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Asahi Songwon Colors' value of 13.39% is 269.9% above this industry median. Based on the distribution chart, Asahi Songwon Colors ranks #503 out of 1618 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asahi Songwon Colors has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Songwon Colors' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asahi Songwon Colors ranks #503 out of 1618 companies for Return-on-Tangible-Asset. This puts Asahi Songwon Colors in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Asahi Songwon Colors' value of 13.39% is 269.9% above this benchmark. While the company's 10-year median is 5.18 vs. the industry median of 3.62, Asahi Songwon Colors 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,618 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. Asahi Songwon Colors's current Return-on-Tangible-Asset of 13.39% is 269.9% 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 Asahi Songwon Colors and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Songwon Colors's current Return-on-Tangible-Asset is 13.39%, which is 158% above median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Songwon Colors stock overvalued right now?
Based on GuruFocus' analysis, Asahi Songwon Colors (BOM:532853) is currently considered Fairly Valued. The stock's GF Value™ is ₹385.18, compared to a current price of ₹368.45 — trading 4.3% below its estimated fair value. The current Return-on-Tangible-Asset is 13.39%, which is 158% above median its 10-year median of 5.18 and 269.9% above the Chemicals industry median of 3.62. Asahi Songwon Colors' overall GF Score™ is 75/100 with 7 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 Asahi Songwon Colors (BOM:532853), the current Return-on-Tangible-Asset is 13.39% 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 Asahi Songwon Colors (BOM:532853) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Songwon Colors stock appears to be undervalued.
The current stock price of ₹368.45 is trading 4.3% below its estimated GF Value™ of ₹385.18.
GuruFocus considers Asahi Songwon Colors to be Fairly Valued.
Key valuation signals for BOM:532853:
Return-on-Tangible-Asset: 13.39% (158% above median its 10-year median of 5.18)
GF Value™: ₹385.18 vs. price of ₹368.45 (4.3% below fair value)
Industry Position: 269.9% above the Chemicals median (#503 of 1618)
No single metric tells the full story. See the BOM:532853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Songwon Colors Ltd is principally engaged in the business of manufacturing & export of AZO pigments. It is a key manufacturer and exporter of high-quality color pigments, specializing in Copper Phthalocyanine (CPC) pigments and derivatives. The Company's manufacturing facility is located at Dahej, Bharuch, Gujarat. Its products are CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3, and Pigment Blue 15.4.
75GF Score
Get the complete analysis for BOM:532853
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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