Balgopal Commercial (BOM:539834) Return-on-Tangible-Asset: 21.32% (As of Jun. 2026) — 3453% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:539834 Balgopal Commercial Ltd BOM:539834
36 GF Score
Price ₹192.40
GF Value ₹0.12
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Balgopal Commercial Return-on-Tangible-Asset?

Balgopal Commercial BOM:539834 -1.84% 36 Return-on-Tangible-Asset is 21.32% as of Jun. 2026, which is 3453% above its 10-year median of 0.60. GuruFocus rates BOM:539834 with a GF Score™ of 36/100 and a GF Value™ of ₹0.12 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 811 Capital Markets companies, Balgopal Commercial ranks worse than 80.52% 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. Balgopal Commercial's annualized Net Income for the quarter that ended in Jun. 2026 was ₹205.86 Mil. Balgopal Commercial's average total tangible assets for the quarter that ended in Jun. 2026 was ₹965.69 Mil. Therefore, Balgopal Commercial's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.32%.

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

BOM:539834' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -50.9   Med: 0.6   Max: 50.27
Current: -6.75

During the past 13 years, Balgopal Commercial's highest Return-on-Tangible-Asset was 50.27%. The lowest was -50.90%. And the median was 0.60%.

BOM:539834's Return-on-Tangible-Asset is ranked worse than
80.52% of 811 companies
in the Capital Markets industry
Industry Median: 1.55 vs BOM:539834: -6.75

Balgopal Commercial  (BOM:539834) 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.


Balgopal Commercial Return-on-Tangible-Asset Related Terms


Balgopal Commercial Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Balgopal Commercial'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.

Balgopal Commercial Return-on-Tangible-Asset Chart

Balgopal Commercial 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 1.73 0.94 50.27 12.46 -10.87

Balgopal Commercial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.06 -0.45 3.98 -46.33 21.32

BOM:539834 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, Balgopal Commercial'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.


Balgopal Commercial Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Balgopal Commercial's Return-on-Tangible-Asset distribution charts can be found below:

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


BOM:539834
36GF Score
Balgopal Commercial Ltd BOM:539834
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balgopal Commercial Return-on-Tangible-Asset Calculation

Balgopal Commercial'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 )
=-88.506/( (662.582+965.694)/ 2 )
=-88.506/814.138
=-10.87 %

Balgopal Commercial's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=205.856/( (965.694+0)/ 1 )
=205.856/965.694
=21.32 %

* 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 21.32% mean?
Balgopal Commercial (BOM:539834) has a Return-on-Tangible-Asset of 21.32% 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 Balgopal Commercial and its competitors. This is 3453% above median its historical median of 0.60. According to the industry distribution chart, Balgopal Commercial ranks #653 out of 811 companies in the Capital Markets industry, placing it in the top 80.5%.
Is Balgopal Commercial's Return-on-Tangible-Asset too high?
Balgopal Commercial's current Return-on-Tangible-Asset of 21.32% is 3453% above median its 10-year median of 0.60. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Balgopal Commercial's value of 21.32% is 1275.5% above this industry median. Based on the distribution chart, Balgopal Commercial ranks #653 out of 811 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Balgopal Commercial has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balgopal Commercial's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Balgopal Commercial ranks #653 out of 811 companies for Return-on-Tangible-Asset. This places Balgopal Commercial in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.55. Balgopal Commercial's value of 21.32% is 1275.5% above this benchmark. While the company's 10-year median is 0.60 vs. the industry median of 1.55, Balgopal Commercial has consistently been above 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, 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. Balgopal Commercial's current Return-on-Tangible-Asset of 21.32% is 1275.5% 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 Balgopal Commercial and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balgopal Commercial's current Return-on-Tangible-Asset is 21.32%, which is 3453% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balgopal Commercial stock overvalued right now?
Based on GuruFocus' analysis, Balgopal Commercial (BOM:539834) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.12, compared to a current price of ₹192.40 — trading 160233.3% above its estimated fair value. The current Return-on-Tangible-Asset is 21.32%, which is 3453% above median its 10-year median of 0.60 and 1275.5% above the Capital Markets industry median of 1.55. Balgopal Commercial's overall GF Score™ is 36/100 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 Balgopal Commercial (BOM:539834), the current Return-on-Tangible-Asset is 21.32% 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 Balgopal Commercial (BOM:539834) Overvalued in 2026?

Based on GuruFocus' analysis, Balgopal Commercial stock appears to be overvalued. The current stock price of ₹192.40 is trading 160233.3% above its estimated GF Value™ of ₹0.12. GuruFocus considers Balgopal Commercial to be Significantly Overvalued.

Key valuation signals for BOM:539834:

  • Return-on-Tangible-Asset: 21.32% (3453% above median its 10-year median of 0.60)
  • GF Value™: ₹0.12 vs. price of ₹192.40 (160233.3% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 1275.5% above the Capital Markets median (#653 of 811)

No single metric tells the full story. See the BOM:539834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balgopal Commercial Business Description

Address 901, Crescent Royale, Off New Link Road, 9th Floor, CTS No. 720 / 42-46, Near VIP Plaza, Oshiwara Village, Andheri West, Mumbai, MH, IND, 400053
Balgopal Commercial Ltd is mainly engaged in trading activities and invests and acquires or otherwise deals in derivatives, shares, debentures, bonds, obligations, and securities issued/guaranteed by the Government, state, Dominion in India, or elsewhere. The company generates the majority of its revenue from the sale of securities.
36GF Score

Get the complete analysis for BOM:539834

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

₹192.40
Price
₹0.12
GF Value