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Sky Gold and DiamondsBOM:541967 +1.62%83 Return-on-Tangible-Asset is 21.65% as of Jun. 2026, which is 198% above its 10-year median of 7.26. GuruFocus rates BOM:541967 with a GF Score™ of 83/100 and a GF Value™ of ₹549.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Sky Gold and Diamonds ranks better than 95.05% 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. Sky Gold and Diamonds's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹4,196 Mil. Sky Gold and Diamonds's average total tangible assets for the quarter that ended in Jun. 2026 was ₹19,385 Mil. Therefore, Sky Gold and Diamonds's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.65%.
The historical rank and industry rank for Sky Gold and Diamonds's Return-on-Tangible-Asset or its related term are showing as below:
BOM:541967'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.62 Med: 7.26 Max: 20.44
Current: 20.44
During the past 13 years, Sky Gold and Diamonds's highest Return-on-Tangible-Asset was 20.44%. The lowest was 2.62%. And the median was 7.26%.
BOM:541967's Return-on-Tangible-Asset is ranked better than 95.05% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 3.015
vs BOM:541967: 20.44
Sky Gold and Diamonds (BOM:541967) 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 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.
Sky Gold and Diamonds Return-on-Tangible-Asset Related Terms
Sky Gold and Diamonds Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sky Gold and Diamonds'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.
Sky Gold and Diamonds Return-on-Tangible-Asset Chart
BOM:541967 vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Sky Gold and Diamonds'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.
Sky Gold and Diamonds Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold and Diamonds's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sky Gold and Diamonds'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 21.65% mean?
Sky Gold and Diamonds (BOM:541967) has a Return-on-Tangible-Asset of 21.65% 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 Sky Gold and Diamonds and its competitors. This is 198% above median its historical median of 7.26. Over the past decade, Sky Gold and Diamonds' Return-on-Tangible-Asset has ranged from 2.62 to 20.44. According to the industry distribution chart, Sky Gold and Diamonds ranks #56 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 4.9%.
Is Sky Gold and Diamonds' Return-on-Tangible-Asset too high?
Sky Gold and Diamonds' current Return-on-Tangible-Asset of 21.65% is 198% above median its 10-year median of 7.26. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 20.44. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.02. Sky Gold and Diamonds' value of 21.65% is 618.1% above this industry median. Based on the distribution chart, Sky Gold and Diamonds ranks #56 out of 1132 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sky Gold and Diamonds has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sky Gold and Diamonds' Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Sky Gold and Diamonds ranks #56 out of 1132 companies for Return-on-Tangible-Asset. This places Sky Gold and Diamonds in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.02. Sky Gold and Diamonds' value of 21.65% is 618.1% above this benchmark. Historically, Sky Gold and Diamonds' own Return-on-Tangible-Asset has ranged from 2.62 to 20.44 over the past decade. While the company's 10-year median is 7.26 vs. the industry median of 3.02, Sky Gold and Diamonds 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.02, based on 1,132 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. Sky Gold and Diamonds's current Return-on-Tangible-Asset of 21.65% is 618.1% 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 Sky Gold and Diamonds and its competitors. For the Retail - Cyclical 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. Sky Gold and Diamonds's current Return-on-Tangible-Asset is 21.65%, which is 198% above median its own 10-year median of 7.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Gold and Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Sky Gold and Diamonds (BOM:541967) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹549.59, compared to a current price of ₹832.75 — trading 51.5% above its estimated fair value. The current Return-on-Tangible-Asset is 21.65%, which is 198% above median its 10-year median of 7.26 and 618.1% above the Retail - Cyclical industry median of 3.02. Sky Gold and Diamonds' overall GF Score™ is 83/100 with 6 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 Sky Gold and Diamonds (BOM:541967), the current Return-on-Tangible-Asset is 21.65% 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 Sky Gold and Diamonds (BOM:541967) Overvalued in 2026?
Based on GuruFocus' analysis, Sky Gold and Diamonds stock appears to be overvalued.
The current stock price of ₹832.75 is trading 51.5% above its estimated GF Value™ of ₹549.59.
GuruFocus considers Sky Gold and Diamonds to be Significantly Overvalued.
Key valuation signals for BOM:541967:
Return-on-Tangible-Asset: 21.65% (198% above median its 10-year median of 7.26)
GF Value™: ₹549.59 vs. price of ₹832.75 (51.5% above fair value)
Industry Position: 618.1% above the Retail - Cyclical median (#56 of 1132)
No single metric tells the full story. See the BOM:541967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sky Gold and Diamonds Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It mainly deals in 22 Carat and 18 Carat gold jewellery, offering a wide variety of designs. The group provides an extensive range of designs and uses Natural,lab-grown, and American diamonds and/or colored gemstones in many of their jewellery products. The company's product portfolio includes necklaces, earrings, rings, bracelets, and others. The group operates in only one identifiable reportable segment is Gold jewelry.
83GF Score
Get the complete analysis for BOM:541967
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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