Suyog Gurbaxani Funicular Ropeways (BOM:543391) Return-on-Tangible-Asset: -5.65% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543391 Suyog Gurbaxani Funicular Ropeways Ltd BOM:543391
62 GF Score
Price ₹89.00
GF Value ₹181.48
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset?

Suyog Gurbaxani Funicular Ropeways BOM:543391 62 Return-on-Tangible-Asset is -5.65% as of Mar. 2026. GuruFocus rates BOM:543391 with a GF Score™ of 62/100 and a GF Value™ of ₹181.48 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 857 Travel & Leisure companies, Suyog Gurbaxani Funicular Ropeways ranks better than 89.85% 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. Suyog Gurbaxani Funicular Ropeways's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-8.5 Mil. Suyog Gurbaxani Funicular Ropeways's average total tangible assets for the quarter that ended in Mar. 2026 was ₹150.2 Mil. Therefore, Suyog Gurbaxani Funicular Ropeways's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.65%.

The historical rank and industry rank for Suyog Gurbaxani Funicular Ropeways's Return-on-Tangible-Asset or its related term are showing as below:

BOM:543391' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -146.69   Med: -27.72   Max: 15.88
Current: 13.11

During the past 8 years, Suyog Gurbaxani Funicular Ropeways's highest Return-on-Tangible-Asset was 15.88%. The lowest was -146.69%. And the median was -27.72%.

BOM:543391's Return-on-Tangible-Asset is ranked better than
89.85% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.82 vs BOM:543391: 13.11

Suyog Gurbaxani Funicular Ropeways  (BOM:543391) 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 company’s 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 company’s 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.


Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset Related Terms


Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Suyog Gurbaxani Funicular Ropeways'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.

Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset Chart

Suyog Gurbaxani Funicular Ropeways Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial -79.61 2.60 15.88 12.06 10.24

Suyog Gurbaxani Funicular Ropeways Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.93 0.10 22.10 24.88 -5.65

BOM:543391 vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Suyog Gurbaxani Funicular Ropeways'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.


Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Suyog Gurbaxani Funicular Ropeways's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Suyog Gurbaxani Funicular Ropeways's Return-on-Tangible-Asset falls into.


BOM:543391
62GF Score
Suyog Gurbaxani Funicular Ropeways Ltd BOM:543391
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suyog Gurbaxani Funicular Ropeways Return-on-Tangible-Asset Calculation

Suyog Gurbaxani Funicular Ropeways's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=59.475/( (879.025+282.591)/ 2 )
=59.475/580.808
=10.24 %

Suyog Gurbaxani Funicular Ropeways's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-8.486/( (17.794+282.591)/ 2 )
=-8.486/150.1925
=-5.65 %

* 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 -5.65% mean?
Suyog Gurbaxani Funicular Ropeways (BOM:543391) has a Return-on-Tangible-Asset of -5.65% 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 Suyog Gurbaxani Funicular Ropeways and its competitors. According to the industry distribution chart, Suyog Gurbaxani Funicular Ropeways ranks #87 out of 857 companies in the Travel & Leisure industry, placing it in the top 10.2%.
Is Suyog Gurbaxani Funicular Ropeways' Return-on-Tangible-Asset too high?
Suyog Gurbaxani Funicular Ropeways' current Return-on-Tangible-Asset is -5.65%. Based on the distribution chart, Suyog Gurbaxani Funicular Ropeways ranks #87 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Suyog Gurbaxani Funicular Ropeways has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Suyog Gurbaxani Funicular Ropeways' Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Suyog Gurbaxani Funicular Ropeways ranks #87 out of 857 companies for Return-on-Tangible-Asset. This places Suyog Gurbaxani Funicular Ropeways in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.82. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.82, based on 857 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 Suyog Gurbaxani Funicular Ropeways and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suyog Gurbaxani Funicular Ropeways's current Return-on-Tangible-Asset is -5.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suyog Gurbaxani Funicular Ropeways stock overvalued right now?
Based on GuruFocus' analysis, Suyog Gurbaxani Funicular Ropeways (BOM:543391) is currently considered Possible Value Trap. The stock's GF Value™ is ₹181.48, compared to a current price of ₹89.00 — trading 51% below its estimated fair value. The current Return-on-Tangible-Asset is -5.65%. Suyog Gurbaxani Funicular Ropeways' overall GF Score™ is 62/100 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 Suyog Gurbaxani Funicular Ropeways (BOM:543391), the current Return-on-Tangible-Asset is -5.65% 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 Suyog Gurbaxani Funicular Ropeways (BOM:543391) Overvalued in 2026?

Based on GuruFocus' analysis, Suyog Gurbaxani Funicular Ropeways stock appears to be undervalued. The current stock price of ₹89.00 is trading 51% below its estimated GF Value™ of ₹181.48. GuruFocus considers Suyog Gurbaxani Funicular Ropeways to be Possible Value Trap.

Key valuation signals for BOM:543391:

  • Return-on-Tangible-Asset: -5.65%
  • GF Value™: ₹181.48 vs. price of ₹89.00 (51% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the BOM:543391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suyog Gurbaxani Funicular Ropeways Business Description

Address LBS Marg, 18, Suyog Industrial Estate, 1st Floor, Vikhroli (West), Mumbai, MH, IND, 400083
Suyog Gurbaxani Funicular Ropeways Ltd is an infrastructure development and construction company engaged in building and operating the Funicular Ropeways Systems. The company has carried on the business of the work to design, engineer, procure, finance, construct, operate, and maintain Funicular Ropeway on a Build, Operate & Transfer (BOT) basis at Saptashrungi Gad, Vani, Kalwan, Nashik, and to charge and collect the toll fees.
62GF Score

Get the complete analysis for BOM:543391

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹89.00
Price
₹181.48
GF Value