Amanaya Ventures (BOM:543804) Return-on-Tangible-Asset: 1.49% (As of Mar. 2026) — 33% Below Median

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:543804 Amanaya Ventures Ltd BOM:543804
76 GF Score
Price ₹14.80
GF Value ₹58.44
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Amanaya Ventures Return-on-Tangible-Asset?

Amanaya Ventures BOM:543804 76 Return-on-Tangible-Asset is 1.49% as of Mar. 2026, which is 33% below its 10-year median of 2.21. GuruFocus rates BOM:543804 with a GF Score™ of 76/100 and a GF Value™ of ₹58.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,671 Metals & Mining companies, Amanaya Ventures ranks better than 79.97% 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. Amanaya Ventures's annualized Net Income for the quarter that ended in Mar. 2026 was ₹0.9 Mil. Amanaya Ventures's average total tangible assets for the quarter that ended in Mar. 2026 was ₹57.2 Mil. Therefore, Amanaya Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.49%.

The historical rank and industry rank for Amanaya Ventures's Return-on-Tangible-Asset or its related term are showing as below:

BOM:543804' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.07   Med: 2.21   Max: 5.53
Current: 3.77

During the past 7 years, Amanaya Ventures's highest Return-on-Tangible-Asset was 5.53%. The lowest was 0.07%. And the median was 2.21%.

BOM:543804's Return-on-Tangible-Asset is ranked better than
79.97% of 2671 companies
in the Metals & Mining industry
Industry Median: -16.96 vs BOM:543804: 3.77

Amanaya Ventures  (BOM:543804) 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.


Amanaya Ventures Return-on-Tangible-Asset Related Terms


Amanaya Ventures Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Amanaya Ventures'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.

Amanaya Ventures Return-on-Tangible-Asset Chart

Amanaya Ventures Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 3.76 2.21 1.89 5.53 3.84

Amanaya Ventures Semi-Annual Data
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 1.27 10.13 0.88 6.04 1.49

BOM:543804 vs HL: Return-on-Tangible-Asset Comparison

For the Other Precious Metals & Mining subindustry, Amanaya Ventures'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.


Amanaya Ventures Return-on-Tangible-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Amanaya Ventures's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Amanaya Ventures's Return-on-Tangible-Asset falls into.


BOM:543804
76GF Score
Amanaya Ventures Ltd BOM:543804
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amanaya Ventures Return-on-Tangible-Asset Calculation

Amanaya Ventures'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 )
=2.123/( (54.414+56.295)/ 2 )
=2.123/55.3545
=3.84 %

Amanaya Ventures'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 )
=0.852/( (58.059+56.295)/ 2 )
=0.852/57.177
=1.49 %

* 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 1.49% mean?
Amanaya Ventures (BOM:543804) has a Return-on-Tangible-Asset of 1.49% 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 Amanaya Ventures and its competitors. This is 33% below median its historical median of 2.21. Over the past decade, Amanaya Ventures' Return-on-Tangible-Asset has ranged from 0.07 to 5.53. According to the industry distribution chart, Amanaya Ventures ranks #535 out of 2671 companies in the Metals & Mining industry, placing it in the top 20%.
Is Amanaya Ventures' Return-on-Tangible-Asset too high?
Amanaya Ventures' current Return-on-Tangible-Asset of 1.49% is 33% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 5.53. Based on the distribution chart, Amanaya Ventures ranks #535 out of 2671 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Amanaya Ventures has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amanaya Ventures' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Amanaya Ventures ranks #535 out of 2671 companies for Return-on-Tangible-Asset. This places Amanaya Ventures in the top 20% of its industry — outperforming the majority of peers. Historically, Amanaya Ventures' own Return-on-Tangible-Asset has ranged from 0.07 to 5.53 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Amanaya Ventures and its competitors. Amanaya Ventures's current Return-on-Tangible-Asset is 1.49%, which is 33% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amanaya Ventures stock overvalued right now?
Based on GuruFocus' analysis, Amanaya Ventures (BOM:543804) is currently considered Possible Value Trap. The stock's GF Value™ is ₹58.44, compared to a current price of ₹14.80 — trading 74.7% below its estimated fair value. The current Return-on-Tangible-Asset is 1.49%, which is 33% below median its 10-year median of 2.21. Amanaya Ventures' overall GF Score™ is 76/100 with 4 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 Amanaya Ventures (BOM:543804), the current Return-on-Tangible-Asset is 1.49% 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 Amanaya Ventures (BOM:543804) Overvalued in 2026?

Based on GuruFocus' analysis, Amanaya Ventures stock appears to be undervalued. The current stock price of ₹14.80 is trading 74.7% below its estimated GF Value™ of ₹58.44. GuruFocus considers Amanaya Ventures to be Possible Value Trap.

Key valuation signals for BOM:543804:

  • Return-on-Tangible-Asset: 1.49% (33% below median its 10-year median of 2.21)
  • GF Value™: ₹58.44 vs. price of ₹14.80 (74.7% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the BOM:543804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amanaya Ventures Business Description

Address Court Road, 69-70, First Floor, Deep Complex, Amritsar, PB, IND, 143001
Amanaya Ventures Ltd is engaged in promoting spot buying and selling of Gold and other precious metals across India. It is engaged in the business of trading gold, silver bars, and jewellery. The company has developed gold and silver bars under the brand name Aurel with different denominations and sizes, which can be bought through its online platform, as well as through offline mode. It operates through the following segments: Commodities and Securities segment and Corporate Advisory Services segment. The company generates the majority of its revenue from Bullion & Jewellery Securities.
76GF Score

Get the complete analysis for BOM:543804

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

₹14.80
Price
₹58.44
GF Value