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Ghushine Fintrrade OceanBOM:539864 52 Return-on-Tangible-Asset is 0.38% as of Mar. 2026, which is 660% above its 10-year median of 0.05. GuruFocus rates BOM:539864 with a GF Score™ of 52/100. The stock has 5 warning signs investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks worse than 68.6% 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. Ghushine Fintrrade Ocean's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹0.27 Mil. Ghushine Fintrrade Ocean's average total tangible assets for the quarter that ended in Mar. 2026 was ₹71.76 Mil. Therefore, Ghushine Fintrrade Ocean's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.38%.
The historical rank and industry rank for Ghushine Fintrrade Ocean's Return-on-Tangible-Asset or its related term are showing as below:
BOM:539864'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.09 Med: 0.05 Max: 0.49
Current: 0.21
During the past 13 years, Ghushine Fintrrade Ocean's highest Return-on-Tangible-Asset was 0.49%. The lowest was -0.09%. And the median was 0.05%.
BOM:539864's Return-on-Tangible-Asset is ranked worse than 68.6% of 1070
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.35
vs BOM:539864: 0.21
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.
Ghushine Fintrrade Ocean Return-on-Tangible-Asset Related Terms
Ghushine Fintrrade Ocean Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ghushine Fintrrade Ocean'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.
For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.
Ghushine Fintrrade Ocean Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ghushine Fintrrade Ocean's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ghushine Fintrrade Ocean'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 0.38% mean?
Ghushine Fintrrade Ocean (BOM:539864) has a Return-on-Tangible-Asset of 0.38% 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 Ghushine Fintrrade Ocean and its competitors. This is 660% above median its historical median of 0.05. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #734 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 68.6%.
Is Ghushine Fintrrade Ocean's Return-on-Tangible-Asset too high?
Ghushine Fintrrade Ocean's current Return-on-Tangible-Asset of 0.38% is 660% above median its 10-year median of 0.05. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.35. Ghushine Fintrrade Ocean's value of 0.38% is 83.8% below this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #734 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #734 out of 1070 companies for Return-on-Tangible-Asset. This places Ghushine Fintrrade Ocean in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.35. Ghushine Fintrrade Ocean's value of 0.38% is 83.8% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 2.35, Ghushine Fintrrade Ocean 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.35, based on 1,070 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. Ghushine Fintrrade Ocean's current Return-on-Tangible-Asset of 0.38% is 83.8% 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 Ghushine Fintrrade Ocean and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghushine Fintrrade Ocean's current Return-on-Tangible-Asset is 0.38%, which is 660% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current Return-on-Tangible-Asset of 0.38%. The current Return-on-Tangible-Asset is 0.38%, which is 660% above median its 10-year median of 0.05 and 83.8% below the Manufacturing - Apparel & Accessories industry median of 2.35. Ghushine Fintrrade Ocean's overall GF Score™ is 52/100 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 Ghushine Fintrrade Ocean (BOM:539864), the current Return-on-Tangible-Asset is 0.38% 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.
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
52GF Score
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