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.
LGB ForgeBOM:533007 +4.88%52 Return-on-Tangible-Asset is 65.80% as of Jun. 2026. GuruFocus rates BOM:533007 with a GF Score™ of 52/100 and a GF Value™ of ₹12.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,086 Industrial Products companies, LGB Forge ranks better than 87.23% 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. LGB Forge's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹412 Mil. LGB Forge's average total tangible assets for the quarter that ended in Jun. 2026 was ₹626 Mil. Therefore, LGB Forge's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 65.80%.
The historical rank and industry rank for LGB Forge's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533007'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.07 Med: -2.65 Max: 11.22
Current: 11.22
During the past 13 years, LGB Forge's highest Return-on-Tangible-Asset was 11.22%. The lowest was -12.07%. And the median was -2.65%.
BOM:533007's Return-on-Tangible-Asset is ranked better than 87.23% of 3086
companies
in the Industrial Products industry
Industry Median: 3.455
vs BOM:533007: 11.22
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.
LGB Forge Return-on-Tangible-Asset Related Terms
LGB Forge Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for LGB Forge'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:533007 vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, LGB Forge'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.
LGB Forge Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LGB Forge's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LGB Forge'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 65.80% mean?
LGB Forge (BOM:533007) has a Return-on-Tangible-Asset of 65.80% 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 LGB Forge and its competitors. According to the industry distribution chart, LGB Forge ranks #394 out of 3086 companies in the Industrial Products industry, placing it in the top 12.8%.
Is LGB Forge's Return-on-Tangible-Asset too high?
LGB Forge's current Return-on-Tangible-Asset is 65.80%. The Industrial Products industry median Return-on-Tangible-Asset is 3.46. LGB Forge's value of 65.80% is 1804.5% above this industry median. Based on the distribution chart, LGB Forge ranks #394 out of 3086 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, LGB Forge has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LGB Forge's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, LGB Forge ranks #394 out of 3086 companies for Return-on-Tangible-Asset. This places LGB Forge in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.46. LGB Forge's value of 65.80% is 1804.5% above 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.46, based on 3,086 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. LGB Forge's current Return-on-Tangible-Asset of 65.80% is 1804.5% 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 LGB Forge and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LGB Forge's current Return-on-Tangible-Asset is 65.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LGB Forge stock overvalued right now?
Based on GuruFocus' analysis, LGB Forge (BOM:533007) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹12.51, compared to a current price of ₹6.66 — trading 46.8% below its estimated fair value. The current Return-on-Tangible-Asset is 65.80% and 1804.5% above the Industrial Products industry median of 3.46. LGB Forge's overall GF Score™ is 52/100 with 3 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 LGB Forge (BOM:533007), the current Return-on-Tangible-Asset is 65.80% 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 LGB Forge (BOM:533007) Overvalued in 2026?
Based on GuruFocus' analysis, LGB Forge stock appears to be undervalued.
The current stock price of ₹6.66 is trading 46.8% below its estimated GF Value™ of ₹12.51.
GuruFocus considers LGB Forge to be Significantly Undervalued.
Key valuation signals for BOM:533007:
Return-on-Tangible-Asset: 65.80%
GF Value™: ₹12.51 vs. price of ₹6.66 (46.8% below fair value)
Industry Position: 1804.5% above the Industrial Products median (#394 of 3086)
No single metric tells the full story. See the BOM:533007 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LGB Forge Ltd is engaged in the manufacturing of cold and hot forged components, and machined components. It is engaged in manufacturing auto, electrical and transmission forged components for automobiles, and non-automotive segments, such as the valve industry and infrastructure equipment industry. The firm's product categories include hot forging, hot and warm forging, and cold forging. The hot forging products include valve bonnets, rocker arms, and bucket tooths. The hot and warm forging products include bell, body starter clutch, tulip, and claw. The cold forging products include ball pins, ball rods, boss rotors, fuel pump components, and others. The Company operates in only one segment viz., Forging and Machining. Geographically, the company derives its key revenue from India.
52GF Score
Get the complete analysis for BOM:533007
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:533007 has been successfully added to your 
