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GCM Commodity & DerivativesBOM:535917 32 Return-on-Tangible-Asset is -13.04% as of Mar. 2026. GuruFocus rates BOM:535917 with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 811 Capital Markets companies, GCM Commodity & Derivatives ranks worse than 86.93% 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. GCM Commodity & Derivatives's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-24.42 Mil. GCM Commodity & Derivatives's average total tangible assets for the quarter that ended in Mar. 2026 was ₹187.21 Mil. Therefore, GCM Commodity & Derivatives's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -13.04%.
The historical rank and industry rank for GCM Commodity & Derivatives's Return-on-Tangible-Asset or its related term are showing as below:
BOM:535917'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -25.99 Med: -1.3 Max: 2.46
Current: -17.03
During the past 13 years, GCM Commodity & Derivatives's highest Return-on-Tangible-Asset was 2.46%. The lowest was -25.99%. And the median was -1.30%.
BOM:535917's Return-on-Tangible-Asset is ranked worse than 86.93% of 811
companies
in the Capital Markets industry
Industry Median: 1.61
vs BOM:535917: -17.03
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.
GCM Commodity & Derivatives Return-on-Tangible-Asset Related Terms
GCM Commodity & Derivatives Return-on-Tangible-Asset Historical Data
* 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:535917 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, GCM Commodity & Derivatives'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.
GCM Commodity & Derivatives Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, GCM Commodity & Derivatives's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GCM Commodity & Derivatives'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -13.04% mean?
GCM Commodity & Derivatives (BOM:535917) has a Return-on-Tangible-Asset of -13.04% 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 GCM Commodity & Derivatives and its competitors. According to the industry distribution chart, GCM Commodity & Derivatives ranks #705 out of 811 companies in the Capital Markets industry, placing it in the top 86.9%.
Is GCM Commodity & Derivatives' Return-on-Tangible-Asset too high?
GCM Commodity & Derivatives' current Return-on-Tangible-Asset is -13.04%. Based on the distribution chart, GCM Commodity & Derivatives ranks #705 out of 811 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, GCM Commodity & Derivatives has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does GCM Commodity & Derivatives' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, GCM Commodity & Derivatives ranks #705 out of 811 companies for Return-on-Tangible-Asset. This places GCM Commodity & Derivatives in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.61. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.61, based on 811 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. 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 GCM Commodity & Derivatives and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCM Commodity & Derivatives's current Return-on-Tangible-Asset is -13.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCM Commodity & Derivatives stock overvalued right now?
GCM Commodity & Derivatives (BOM:535917) has a current Return-on-Tangible-Asset of -13.04%. The current Return-on-Tangible-Asset is -13.04%. GCM Commodity & Derivatives' overall GF Score™ is 32/100 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 GCM Commodity & Derivatives (BOM:535917), the current Return-on-Tangible-Asset is -13.04% 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.
GCM Commodity & Derivatives Ltd is engaged in the business of trading and investments in equity shares and securities. The company carries out its trading and investment activities in both the FNO and Equity segments of the National Stock Exchange and Bombay Stock Exchange. It is engaged in the business of investing in National Spot Exchange Limited (NSEL) investment products for arbitrage opportunities and commodity broking. The company also provides commodity broking facilities through its membership in NSEL, and is also involved in the money lending business.
32GF Score
Get the complete analysis for BOM:535917
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