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Shish IndustriesBOM:540693 -1.61%84 Return-on-Tangible-Asset is 3.01% as of Mar. 2026, which is 62% below its 10-year median of 7.89. GuruFocus rates BOM:540693 with a GF Score™ of 84/100 and a GF Value™ of ₹15.28 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 407 Packaging & Containers companies, Shish Industries ranks better than 61.43% 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. Shish Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹70 Mil. Shish Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,340 Mil. Therefore, Shish Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.01%.
The historical rank and industry rank for Shish Industries's Return-on-Tangible-Asset or its related term are showing as below:
BOM:540693'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.11 Med: 7.89 Max: 16.41
Current: 4.37
During the past 13 years, Shish Industries's highest Return-on-Tangible-Asset was 16.41%. The lowest was 1.11%. And the median was 7.89%.
BOM:540693's Return-on-Tangible-Asset is ranked better than 61.43% of 407
companies
in the Packaging & Containers industry
Industry Median: 3.02
vs BOM:540693: 4.37
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.
Shish Industries Return-on-Tangible-Asset Related Terms
Shish Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shish Industries'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:540693 vs SW, PKG, IP: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Shish Industries'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.
Shish Industries Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shish Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shish Industries'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.01% mean?
Shish Industries (BOM:540693) has a Return-on-Tangible-Asset of 3.01% 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 Shish Industries and its competitors. This is 62% below median its historical median of 7.89. Over the past decade, Shish Industries' Return-on-Tangible-Asset has ranged from 1.11 to 16.41. According to the industry distribution chart, Shish Industries ranks #157 out of 407 companies in the Packaging & Containers industry, placing it in the top 38.6%.
Is Shish Industries' Return-on-Tangible-Asset too high?
Shish Industries' current Return-on-Tangible-Asset of 3.01% is 62% below median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 16.41. The Packaging & Containers industry median Return-on-Tangible-Asset is 3.02. Shish Industries' value of 3.01% is 0.3% below this industry median. Based on the distribution chart, Shish Industries ranks #157 out of 407 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Shish Industries has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shish Industries' Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shish Industries ranks #157 out of 407 companies for Return-on-Tangible-Asset. This puts Shish Industries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.02. Shish Industries' value of 3.01% is 0.3% below this benchmark. Historically, Shish Industries' own Return-on-Tangible-Asset has ranged from 1.11 to 16.41 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 3.02, Shish Industries 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 3.02, based on 407 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. Shish Industries's current Return-on-Tangible-Asset of 3.01% is 0.3% 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 Shish Industries and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shish Industries's current Return-on-Tangible-Asset is 3.01%, which is 62% below median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shish Industries stock overvalued right now?
Based on GuruFocus' analysis, Shish Industries (BOM:540693) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.28, compared to a current price of ₹10.37 — trading 32.1% below its estimated fair value. The current Return-on-Tangible-Asset is 3.01%, which is 62% below median its 10-year median of 7.89 and 0.3% below the Packaging & Containers industry median of 3.02. Shish Industries' overall GF Score™ is 84/100 with 7 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 Shish Industries (BOM:540693), the current Return-on-Tangible-Asset is 3.01% 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 Shish Industries (BOM:540693) Overvalued in 2026?
Based on GuruFocus' analysis, Shish Industries stock appears to be undervalued.
The current stock price of ₹10.37 is trading 32.1% below its estimated GF Value™ of ₹15.28.
GuruFocus considers Shish Industries to be Possible Value Trap.
Key valuation signals for BOM:540693:
Return-on-Tangible-Asset: 3.01% (62% below median its 10-year median of 7.89)
GF Value™: ₹15.28 vs. price of ₹10.37 (32.1% below fair value)
Industry Position: 0.3% below the Packaging & Containers median (#157 of 407)
No single metric tells the full story. See the BOM:540693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shish Industries Ltd is a manufacturer of plastic corrugated sheets. It also manufactures Saffguard and Stagguard which is a twin wall or Multi-Wall Boards made from plastic resin. The company's products include Polypropylene Corrugated Sheet, Reflective Insulation Product- Carmika, dunnage bags, water tank insulation cover, Sticky traps, Insulation Cover, Cooler Bags, and Others. The company is primarily engaged in the business of Corrugated Plastic Sheets which constitute a single reportable segment.
84GF Score
Get the complete analysis for BOM:540693
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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