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Adeshwar MeditexBOM:543309 66 Return-on-Tangible-Asset is 1.89% as of Mar. 2026, which is 38% below its 10-year median of 3.03. GuruFocus rates BOM:543309 with a GF Score™ of 66/100 and a GF Value™ of ₹14.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 851 Medical Devices & Instruments companies, Adeshwar Meditex ranks better than 53.94% 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. Adeshwar Meditex's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹10.7 Mil. Adeshwar Meditex's average total tangible assets for the quarter that ended in Mar. 2026 was ₹564.6 Mil. Therefore, Adeshwar Meditex's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.89%.
The historical rank and industry rank for Adeshwar Meditex's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543309'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.18 Med: 3.03 Max: 7.81
Current: 2.05
During the past 9 years, Adeshwar Meditex's highest Return-on-Tangible-Asset was 7.81%. The lowest was 1.18%. And the median was 3.03%.
BOM:543309's Return-on-Tangible-Asset is ranked better than 53.94% of 851
companies
in the Medical Devices & Instruments industry
Industry Median: 0.96
vs BOM:543309: 2.05
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.
Adeshwar Meditex Return-on-Tangible-Asset Related Terms
Adeshwar Meditex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adeshwar Meditex'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:543309 vs ISRG, BDX, RMD: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Adeshwar Meditex'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.
Adeshwar Meditex Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Adeshwar Meditex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adeshwar Meditex'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 1.89% mean?
Adeshwar Meditex (BOM:543309) has a Return-on-Tangible-Asset of 1.89% 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 Adeshwar Meditex and its competitors. This is 38% below median its historical median of 3.03. Over the past decade, Adeshwar Meditex's Return-on-Tangible-Asset has ranged from 1.18 to 7.81. According to the industry distribution chart, Adeshwar Meditex ranks #392 out of 851 companies in the Medical Devices & Instruments industry, placing it in the top 46.1%.
Is Adeshwar Meditex's Return-on-Tangible-Asset too high?
Adeshwar Meditex's current Return-on-Tangible-Asset of 1.89% is 38% below median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 7.81. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.96. Adeshwar Meditex's value of 1.89% is 96.9% above this industry median. Based on the distribution chart, Adeshwar Meditex ranks #392 out of 851 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Adeshwar Meditex has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adeshwar Meditex's Return-on-Tangible-Asset compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Adeshwar Meditex ranks #392 out of 851 companies for Return-on-Tangible-Asset. This puts Adeshwar Meditex in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.96. Adeshwar Meditex's value of 1.89% is 96.9% above this benchmark. Historically, Adeshwar Meditex's own Return-on-Tangible-Asset has ranged from 1.18 to 7.81 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 0.96, Adeshwar Meditex 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.96, based on 851 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. Adeshwar Meditex's current Return-on-Tangible-Asset of 1.89% is 96.9% 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 Adeshwar Meditex and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adeshwar Meditex's current Return-on-Tangible-Asset is 1.89%, which is 38% below median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adeshwar Meditex stock overvalued right now?
Based on GuruFocus' analysis, Adeshwar Meditex (BOM:543309) is currently considered Fairly Valued. The stock's GF Value™ is ₹14.83, compared to a current price of ₹16.30 — trading 9.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.89%, which is 38% below median its 10-year median of 3.03 and 96.9% above the Medical Devices & Instruments industry median of 0.96. Adeshwar Meditex's overall GF Score™ is 66/100 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 Adeshwar Meditex (BOM:543309), the current Return-on-Tangible-Asset is 1.89% 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 Adeshwar Meditex (BOM:543309) Overvalued in 2026?
Based on GuruFocus' analysis, Adeshwar Meditex stock appears to be overvalued.
The current stock price of ₹16.30 is trading 9.9% above its estimated GF Value™ of ₹14.83.
GuruFocus considers Adeshwar Meditex to be Fairly Valued.
Key valuation signals for BOM:543309:
Return-on-Tangible-Asset: 1.89% (38% below median its 10-year median of 3.03)
GF Value™: ₹14.83 vs. price of ₹16.30 (9.9% above fair value)
Industry Position: 96.9% above the Medical Devices & Instruments median (#392 of 851)
No single metric tells the full story. See the BOM:543309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adeshwar Meditex Ltd is engaged in manufacturing surgical dressings and external preparations products such as Sterile surgical wound dressing, Combine dressing, Gauze Dressing and Cotton Products, Medical Bandages and Plaster, Antiseptics / Disinfectants, and others.
66GF Score
Get the complete analysis for BOM:543309
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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