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Bang OverseasBOM:532946 +4.32%58 Return-on-Tangible-Asset is 0.71% as of Jun. 2026, which is 53% below its 10-year median of 1.50. GuruFocus rates BOM:532946 with a GF Score™ of 58/100 and a GF Value™ of ₹79.98 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Bang Overseas ranks better than 51.4% 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. Bang Overseas's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹14 Mil. Bang Overseas's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,899 Mil. Therefore, Bang Overseas's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.71%.
The historical rank and industry rank for Bang Overseas's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532946'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.18 Med: 1.5 Max: 4.72
Current: 2.49
During the past 13 years, Bang Overseas's highest Return-on-Tangible-Asset was 4.72%. The lowest was -5.18%. And the median was 1.50%.
BOM:532946's Return-on-Tangible-Asset is ranked better than 51.4% of 1072
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.36
vs BOM:532946: 2.49
Bang Overseas (BOM:532946) 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 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.
Bang Overseas Return-on-Tangible-Asset Related Terms
Bang Overseas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bang Overseas'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:532946 vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Bang Overseas'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.
Bang Overseas Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bang Overseas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bang Overseas'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 0.71% mean?
Bang Overseas (BOM:532946) has a Return-on-Tangible-Asset of 0.71% 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 Bang Overseas and its competitors. This is 53% below median its historical median of 1.50. According to the industry distribution chart, Bang Overseas ranks #521 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.6%.
Is Bang Overseas' Return-on-Tangible-Asset too high?
Bang Overseas' current Return-on-Tangible-Asset of 0.71% is 53% below median its 10-year median of 1.50. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.36. Bang Overseas' value of 0.71% is 69.9% below this industry median. Based on the distribution chart, Bang Overseas ranks #521 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bang Overseas has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bang Overseas' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bang Overseas ranks #521 out of 1072 companies for Return-on-Tangible-Asset. This puts Bang Overseas in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.36. Bang Overseas' value of 0.71% is 69.9% below this benchmark. While the company's 10-year median is 1.50 vs. the industry median of 2.36, Bang Overseas has consistently been below 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 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. Bang Overseas's current Return-on-Tangible-Asset of 0.71% is 69.9% 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 Bang Overseas 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. Bang Overseas's current Return-on-Tangible-Asset is 0.71%, which is 53% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang Overseas stock overvalued right now?
Based on GuruFocus' analysis, Bang Overseas (BOM:532946) is currently considered Possible Value Trap. The stock's GF Value™ is ₹79.98, compared to a current price of ₹34.78 — trading 56.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.71%, which is 53% below median its 10-year median of 1.50 and 69.9% below the Manufacturing - Apparel & Accessories industry median of 2.36. Bang Overseas' overall GF Score™ is 58/100 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 Bang Overseas (BOM:532946), the current Return-on-Tangible-Asset is 0.71% 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 Bang Overseas (BOM:532946) Overvalued in 2026?
Based on GuruFocus' analysis, Bang Overseas stock appears to be undervalued.
The current stock price of ₹34.78 is trading 56.5% below its estimated GF Value™ of ₹79.98.
GuruFocus considers Bang Overseas to be Possible Value Trap.
Key valuation signals for BOM:532946:
Return-on-Tangible-Asset: 0.71% (53% below median its 10-year median of 1.50)
GF Value™: ₹79.98 vs. price of ₹34.78 (56.5% below fair value)
Industry Position: 69.9% below the Manufacturing - Apparel & Accessories median (#521 of 1072)
No single metric tells the full story. See the BOM:532946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bang Overseas Ltd is a manufacturer and exporter of men's wear, focusing on manufacturing garments using imported fabrics. The company operates two manufacturing units in Bangalore, equipped with machinery that helps in large production. Their product range is designed based on national and international fashion trends, catering to various domestic and international brands as well as offering products under their own brand name, Thomas Scott. Bang Overseas generates revenue through the manufacture and sale of men's apparel and accessories.
58GF Score
Get the complete analysis for BOM:532946
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