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Parag Milk FoodBOM:539889 +7.53%79 Return-on-Tangible-Asset is 3.88% as of Jun. 2026, which is 30% below its 10-year median of 5.54. GuruFocus rates BOM:539889 with a GF Score™ of 79/100 and a GF Value™ of ₹247.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,001 Consumer Packaged Goods companies, Parag Milk Food ranks better than 63.52% 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. Parag Milk Food's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹882 Mil. Parag Milk Food's average total tangible assets for the quarter that ended in Jun. 2026 was ₹22,739 Mil. Therefore, Parag Milk Food's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.88%.
The historical rank and industry rank for Parag Milk Food's Return-on-Tangible-Asset or its related term are showing as below:
BOM:539889'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.63 Med: 5.54 Max: 8.58
Current: 5.95
During the past 13 years, Parag Milk Food's highest Return-on-Tangible-Asset was 8.58%. The lowest was -34.63%. And the median was 5.54%.
BOM:539889's Return-on-Tangible-Asset is ranked better than 63.52% of 2001
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs BOM:539889: 5.95
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.
Parag Milk Food Return-on-Tangible-Asset Related Terms
Parag Milk Food Return-on-Tangible-Asset Historical Data
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The historical data trend for Parag Milk Food'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:539889 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Parag Milk Food'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.
Parag Milk Food Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Parag Milk Food's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Parag Milk Food'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.88% mean?
Parag Milk Food (BOM:539889) has a Return-on-Tangible-Asset of 3.88% 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 Parag Milk Food and its competitors. This is 30% below median its historical median of 5.54. According to the industry distribution chart, Parag Milk Food ranks #730 out of 2001 companies in the Consumer Packaged Goods industry, placing it in the top 36.5%.
Is Parag Milk Food's Return-on-Tangible-Asset too high?
Parag Milk Food's current Return-on-Tangible-Asset of 3.88% is 30% below median its 10-year median of 5.54. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Parag Milk Food's value of 3.88% is 10.9% above this industry median. Based on the distribution chart, Parag Milk Food ranks #730 out of 2001 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Parag Milk Food has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parag Milk Food's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Parag Milk Food ranks #730 out of 2001 companies for Return-on-Tangible-Asset. This puts Parag Milk Food in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Parag Milk Food's value of 3.88% is 10.9% above this benchmark. While the company's 10-year median is 5.54 vs. the industry median of 3.50, Parag Milk Food 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 2,001 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. Parag Milk Food's current Return-on-Tangible-Asset of 3.88% is 10.9% 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 Parag Milk Food and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parag Milk Food's current Return-on-Tangible-Asset is 3.88%, which is 30% below median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parag Milk Food stock overvalued right now?
Based on GuruFocus' analysis, Parag Milk Food (BOM:539889) is currently considered Fairly Valued. The stock's GF Value™ is ₹247.55, compared to a current price of ₹255.00 — trading 3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.88%, which is 30% below median its 10-year median of 5.54 and 10.9% above the Consumer Packaged Goods industry median of 3.50. Parag Milk Food's overall GF Score™ is 79/100 with 2 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 Parag Milk Food (BOM:539889), the current Return-on-Tangible-Asset is 3.88% 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 Parag Milk Food (BOM:539889) Overvalued in 2026?
Based on GuruFocus' analysis, Parag Milk Food stock appears to be overvalued.
The current stock price of ₹255.00 is trading 3% above its estimated GF Value™ of ₹247.55.
GuruFocus considers Parag Milk Food to be Fairly Valued.
Key valuation signals for BOM:539889:
Return-on-Tangible-Asset: 3.88% (30% below median its 10-year median of 5.54)
GF Value™: ₹247.55 vs. price of ₹255.00 (3% above fair value)
Industry Position: 10.9% above the Consumer Packaged Goods median (#730 of 2001)
No single metric tells the full story. See the BOM:539889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
79GF Score
Get the complete analysis for BOM:539889
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