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.
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.
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. Ashika Global Securities's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-1,403.6 Mil. Ashika Global Securities's average total tangible assets for the quarter that ended in Mar. 2026 was ₹18,609.7 Mil. Therefore, Ashika Global Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -7.54%.
The historical rank and industry rank for Ashika Global Securities's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543766'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.43 Med: 5.94 Max: 28.14
Current: 2.7
During the past 13 years, Ashika Global Securities's highest Return-on-Tangible-Asset was 28.14%. The lowest was -4.43%. And the median was 5.94%.
BOM:543766's Return-on-Tangible-Asset is ranked better than 60.22% of 548
companies
in the Credit Services industry
Industry Median: 1.965
vs BOM:543766: 2.70
Ashika Global Securities (BOM:543766) 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.
Ashika Global Securities Return-on-Tangible-Asset Related Terms
Ashika Global Securities Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Asset Chart
BOM:543766 vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ashika Global Securities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashika Global Securities'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 -7.54% mean?
Ashika Global Securities (BOM:543766) has a Return-on-Tangible-Asset of -7.54% 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 Ashika Global Securities and its competitors. According to the industry distribution chart, Ashika Global Securities ranks #218 out of 548 companies in the Credit Services industry, placing it in the top 39.8%.
Is Ashika Global Securities' Return-on-Tangible-Asset too high?
Ashika Global Securities' current Return-on-Tangible-Asset is -7.54%. Based on the distribution chart, Ashika Global Securities ranks #218 out of 548 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ashika Global Securities has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashika Global Securities' Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Ashika Global Securities ranks #218 out of 548 companies for Return-on-Tangible-Asset. This puts Ashika Global Securities in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.97. 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 1.97, based on 548 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 Ashika Global Securities and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashika Global Securities's current Return-on-Tangible-Asset is -7.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashika Global Securities stock overvalued right now?
Based on GuruFocus' analysis, Ashika Global Securities (BOM:543766) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹544.97, compared to a current price of ₹472.75 — trading 13.3% below its estimated fair value. The current Return-on-Tangible-Asset is -7.54%. Ashika Global Securities' overall GF Score™ is 87/100 with 9 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 Ashika Global Securities (BOM:543766), the current Return-on-Tangible-Asset is -7.54% 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 Ashika Global Securities (BOM:543766) Overvalued in 2026?
Based on GuruFocus' analysis, Ashika Global Securities stock appears to be undervalued.
The current stock price of ₹472.75 is trading 13.3% below its estimated GF Value™ of ₹544.97.
GuruFocus considers Ashika Global Securities to be Modestly Undervalued.
Key valuation signals for BOM:543766:
Return-on-Tangible-Asset: -7.54%
GF Value™: ₹544.97 vs. price of ₹472.75 (13.3% below fair value)
No single metric tells the full story. See the BOM:543766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.
87GF Score
Get the complete analysis for BOM:543766
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:543766 has been successfully added to your 
