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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. Future Market Networks's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹69.5 Mil. Future Market Networks's average total tangible assets for the quarter that ended in Mar. 2026 was ₹3,092.8 Mil. Therefore, Future Market Networks's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.25%.
The historical rank and industry rank for Future Market Networks's Return-on-Tangible-Asset or its related term are showing as below:
BOM:533296'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.8 Med: -1.61 Max: 20.4
Current: 2.44
During the past 13 years, Future Market Networks's highest Return-on-Tangible-Asset was 20.40%. The lowest was -4.80%. And the median was -1.61%.
BOM:533296's Return-on-Tangible-Asset is ranked better than 55.93% of 1797
companies
in the Real Estate industry
Industry Median: 1.86
vs BOM:533296: 2.44
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.
Future Market Networks Return-on-Tangible-Asset Related Terms
Future Market Networks Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Future Market Networks'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:533296 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Future Market Networks'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.
Future Market Networks Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Future Market Networks's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Future Market Networks'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.25% mean?
Future Market Networks (BOM:533296) has a Return-on-Tangible-Asset of 2.25% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Future Market Networks and its competitors. According to the industry distribution chart, Future Market Networks ranks #792 out of 1797 companies in the Real Estate industry, placing it in the top 44.1%.
Is Future Market Networks' Return-on-Tangible-Asset too high?
Future Market Networks' current Return-on-Tangible-Asset is 2.25%. The Real Estate industry median Return-on-Tangible-Asset is 1.86. Future Market Networks' value of 2.25% is 21% above this industry median. Based on the distribution chart, Future Market Networks ranks #792 out of 1797 companies in the Real Estate industry, which is above the industry midpoint. Overall, Future Market Networks has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Future Market Networks' Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Future Market Networks ranks #792 out of 1797 companies for Return-on-Tangible-Asset. This puts Future Market Networks in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.86. Future Market Networks' value of 2.25% is 21% 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 a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.86, based on 1,797 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. Future Market Networks's current Return-on-Tangible-Asset of 2.25% is 21% 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 Future Market Networks and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Market Networks's current Return-on-Tangible-Asset is 2.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Market Networks stock overvalued right now?
Based on GuruFocus' analysis, Future Market Networks (BOM:533296) is currently considered Fairly Valued. The stock's GF Value™ is ₹8.02, compared to a current price of ₹8.56 — trading 6.7% above its estimated fair value. The current Return-on-Tangible-Asset is 2.25% and 21% above the Real Estate industry median of 1.86. Future Market Networks' overall GF Score™ is 59/100 with 5 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 Future Market Networks (BOM:533296), the current Return-on-Tangible-Asset is 2.25% as of Mar. 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 Future Market Networks (BOM:533296) Overvalued in 2026?
Based on GuruFocus' analysis, Future Market Networks stock appears to be overvalued.
The current stock price of ₹8.56 is trading 6.7% above its estimated GF Value™ of ₹8.02.
GuruFocus considers Future Market Networks to be Fairly Valued.
Key valuation signals for BOM:533296:
Return-on-Tangible-Asset: 2.25%
GF Value™: ₹8.02 vs. price of ₹8.56 (6.7% above fair value)
Industry Position: 21% above the Real Estate median (#792 of 1797)
No single metric tells the full story. See the BOM:533296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Future Market Networks Ltd is engaged in the business of building capacity and enabling the infrastructure for future markets. The company operates in one business segment, which is Mall Management. The company has various businesses that are the Retail market, which manages and operates the shopping infrastructure; the Trade market, which provides a marketplace for buyers and sellers; and the Infra logistic market, which creates a logistics market. The company also focuses on project management consultancy. Rental income generates maximum revenue for the company.
59GF Score
Get the complete analysis for BOM:533296
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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