HBG Hotels (BOM:537839) Return-on-Tangible-Asset: 0.62% (As of Mar. 2026) — 58% Below Median

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BOM:537839 HBG Hotels Ltd BOM:537839
71 GF Score
Price ₹81.50
GF Value ₹96.25
Valuation Modestly Undervalued
! 8 Warning Signs
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What is HBG Hotels Return-on-Tangible-Asset?

HBG Hotels BOM:537839 +1.63% 71 Return-on-Tangible-Asset is 0.62% as of Mar. 2026, which is 58% below its 10-year median of 1.49. GuruFocus rates BOM:537839 with a GF Score™ of 71/100 and a GF Value™ of ₹96.25 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 857 Travel & Leisure companies, HBG Hotels ranks worse than 65.46% 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. HBG Hotels's annualized Net Income for the quarter that ended in Mar. 2026 was ₹49.5 Mil. HBG Hotels's average total tangible assets for the quarter that ended in Mar. 2026 was ₹7,933.6 Mil. Therefore, HBG Hotels's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.62%.

The historical rank and industry rank for HBG Hotels's Return-on-Tangible-Asset or its related term are showing as below:

BOM:537839' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.37   Med: 1.49   Max: 77.19
Current: 0.41

During the past 13 years, HBG Hotels's highest Return-on-Tangible-Asset was 77.19%. The lowest was -4.37%. And the median was 1.49%.

BOM:537839's Return-on-Tangible-Asset is ranked worse than
65.46% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.89 vs BOM:537839: 0.41

HBG Hotels  (BOM:537839) 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 company’s 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 company’s 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.


HBG Hotels Return-on-Tangible-Asset Related Terms


HBG Hotels Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for HBG Hotels'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.

HBG Hotels Return-on-Tangible-Asset Chart

HBG Hotels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.51 77.19 9.58 0.37

HBG Hotels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.78 0.12 0.47 0.40 0.62

BOM:537839 vs MAR, HLT, H: Return-on-Tangible-Asset Comparison

For the Lodging subindustry, HBG Hotels'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.


HBG Hotels Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HBG Hotels's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where HBG Hotels's Return-on-Tangible-Asset falls into.


BOM:537839
71GF Score
HBG Hotels Ltd BOM:537839
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBG Hotels Return-on-Tangible-Asset Calculation

HBG Hotels's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=27.604/( (7102.94+7933.6)/ 2 )
=27.604/7518.27
=0.37 %

HBG Hotels's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=49.468/( (0+7933.6)/ 1 )
=49.468/7933.6
=0.62 %

* 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 0.62% mean?
HBG Hotels (BOM:537839) has a Return-on-Tangible-Asset of 0.62% 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 HBG Hotels and its competitors. This is 58% below median its historical median of 1.49. According to the industry distribution chart, HBG Hotels ranks #561 out of 857 companies in the Travel & Leisure industry, placing it in the top 65.5%.
Is HBG Hotels' Return-on-Tangible-Asset too high?
HBG Hotels' current Return-on-Tangible-Asset of 0.62% is 58% below median its 10-year median of 1.49. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.89. HBG Hotels' value of 0.62% is 78.5% below this industry median. Based on the distribution chart, HBG Hotels ranks #561 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, HBG Hotels has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HBG Hotels' Return-on-Tangible-Asset compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HBG Hotels ranks #561 out of 857 companies for Return-on-Tangible-Asset. This places HBG Hotels in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.89. HBG Hotels' value of 0.62% is 78.5% below this benchmark. While the company's 10-year median is 1.49 vs. the industry median of 2.89, HBG Hotels 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.89, based on 857 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. HBG Hotels's current Return-on-Tangible-Asset of 0.62% is 78.5% 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 HBG Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBG Hotels's current Return-on-Tangible-Asset is 0.62%, which is 58% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBG Hotels stock overvalued right now?
Based on GuruFocus' analysis, HBG Hotels (BOM:537839) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹96.25, compared to a current price of ₹81.50 — trading 15.3% below its estimated fair value. The current Return-on-Tangible-Asset is 0.62%, which is 58% below median its 10-year median of 1.49 and 78.5% below the Travel & Leisure industry median of 2.89. HBG Hotels' overall GF Score™ is 71/100 with 8 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 HBG Hotels (BOM:537839), the current Return-on-Tangible-Asset is 0.62% 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 HBG Hotels (BOM:537839) Overvalued in 2026?

Based on GuruFocus' analysis, HBG Hotels stock appears to be undervalued. The current stock price of ₹81.50 is trading 15.3% below its estimated GF Value™ of ₹96.25. GuruFocus considers HBG Hotels to be Modestly Undervalued.

Key valuation signals for BOM:537839:

  • Return-on-Tangible-Asset: 0.62% (58% below median its 10-year median of 1.49)
  • GF Value™: ₹96.25 vs. price of ₹81.50 (15.3% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 78.5% below the Travel & Leisure median (#561 of 857)

No single metric tells the full story. See the BOM:537839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBG Hotels Business Description

Address 14, BEST Marg, Hede House, 2nd Floor, Colaba, Mumbai, MH, IND, 400 001
HBG Hotels Ltd is a hospitality company. It develops and owns hotels and Resorts in association with hotel management chains.
71GF Score

Get the complete analysis for BOM:537839

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹81.50
Price
₹96.25
GF Value