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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. Corporate Merchant Bankers's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-20.62 Mil. Corporate Merchant Bankers's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,556.46 Mil. Therefore, Corporate Merchant Bankers's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1.32%.
The historical rank and industry rank for Corporate Merchant Bankers's Return-on-Tangible-Asset or its related term are showing as below:
BOM:540199'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.04 Med: 0.01 Max: 3.74
Current: 1.15
During the past 13 years, Corporate Merchant Bankers's highest Return-on-Tangible-Asset was 3.74%. The lowest was -2.04%. And the median was 0.01%.
BOM:540199's Return-on-Tangible-Asset is ranked worse than 59.93% of 549
companies
in the Credit Services industry
Industry Median: 2.04
vs BOM:540199: 1.15
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.
Corporate Merchant Bankers Return-on-Tangible-Asset Related Terms
Corporate Merchant Bankers 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:540199 vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Corporate Merchant Bankers'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.
Corporate Merchant Bankers Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Corporate Merchant Bankers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Corporate Merchant Bankers'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 -1.32% mean?
Corporate Merchant Bankers (BOM:540199) has a Return-on-Tangible-Asset of -1.32% 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 Corporate Merchant Bankers and its competitors. According to the industry distribution chart, Corporate Merchant Bankers ranks #329 out of 549 companies in the Credit Services industry, placing it in the top 59.9%.
Is Corporate Merchant Bankers' Return-on-Tangible-Asset too high?
Corporate Merchant Bankers' current Return-on-Tangible-Asset is -1.32%. Based on the distribution chart, Corporate Merchant Bankers ranks #329 out of 549 companies in the Credit Services industry, which is below the industry midpoint. Overall, Corporate Merchant Bankers has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Merchant Bankers' Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Corporate Merchant Bankers ranks #329 out of 549 companies for Return-on-Tangible-Asset. This places Corporate Merchant Bankers in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.04, based on 549 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 Corporate Merchant Bankers and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Merchant Bankers's current Return-on-Tangible-Asset is -1.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Merchant Bankers stock overvalued right now?
Corporate Merchant Bankers (BOM:540199) has a current Return-on-Tangible-Asset of -1.32%. The current Return-on-Tangible-Asset is -1.32%. Corporate Merchant Bankers' overall GF Score™ is 34/100 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 Corporate Merchant Bankers (BOM:540199), the current Return-on-Tangible-Asset is -1.32% 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.
Corporate Merchant Bankers Ltd is a Non-Banking Financial Company. The company is engaged in providing loans and advances to various Corporates. It also provides consultancy services. The company has one business segment, which is providing financial services.
34GF Score
Get the complete analysis for BOM:540199
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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