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Retina PaintsBOM:543902 -1.70%62 Return-on-Tangible-Asset is 1.53% as of Mar. 2026, which is 40% above its 10-year median of 1.09. GuruFocus rates BOM:543902 with a GF Score™ of 62/100 and a GF Value™ of ₹114.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,617 Chemicals companies, Retina Paints ranks worse than 68.4% 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. Retina Paints's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹8.8 Mil. Retina Paints's average total tangible assets for the quarter that ended in Mar. 2026 was ₹576.8 Mil. Therefore, Retina Paints's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.53%.
The historical rank and industry rank for Retina Paints's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543902'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.55 Med: 1.09 Max: 2.96
Current: 1.13
During the past 7 years, Retina Paints's highest Return-on-Tangible-Asset was 2.96%. The lowest was 0.55%. And the median was 1.09%.
BOM:543902's Return-on-Tangible-Asset is ranked worse than 68.4% of 1617
companies
in the Chemicals industry
Industry Median: 3.62
vs BOM:543902: 1.13
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.
Retina Paints Return-on-Tangible-Asset Related Terms
Retina Paints Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Retina Paints'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:543902 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Retina Paints'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.
Retina Paints Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Retina Paints's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Retina Paints'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 1.53% mean?
Retina Paints (BOM:543902) has a Return-on-Tangible-Asset of 1.53% 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 Retina Paints and its competitors. This is 40% above median its historical median of 1.09. Over the past decade, Retina Paints' Return-on-Tangible-Asset has ranged from 0.55 to 2.96. According to the industry distribution chart, Retina Paints ranks #1106 out of 1617 companies in the Chemicals industry, placing it in the top 68.4%.
Is Retina Paints' Return-on-Tangible-Asset too high?
Retina Paints' current Return-on-Tangible-Asset of 1.53% is 40% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.96. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Retina Paints' value of 1.53% is 57.7% below this industry median. Based on the distribution chart, Retina Paints ranks #1106 out of 1617 companies in the Chemicals industry, which is below the industry midpoint. Overall, Retina Paints 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 Retina Paints' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Retina Paints ranks #1106 out of 1617 companies for Return-on-Tangible-Asset. This places Retina Paints in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.62. Retina Paints' value of 1.53% is 57.7% below this benchmark. Historically, Retina Paints' own Return-on-Tangible-Asset has ranged from 0.55 to 2.96 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 3.62, Retina Paints has consistently been below 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,617 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. Retina Paints's current Return-on-Tangible-Asset of 1.53% is 57.7% below 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 Retina Paints and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Retina Paints's current Return-on-Tangible-Asset is 1.53%, which is 40% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retina Paints stock overvalued right now?
Based on GuruFocus' analysis, Retina Paints (BOM:543902) is currently considered Possible Value Trap. The stock's GF Value™ is ₹114.91, compared to a current price of ₹39.84 — trading 65.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.53%, which is 40% above median its 10-year median of 1.09 and 57.7% below the Chemicals industry median of 3.62. Retina Paints' overall GF Score™ is 62/100 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 Retina Paints (BOM:543902), the current Return-on-Tangible-Asset is 1.53% 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 Retina Paints (BOM:543902) Overvalued in 2026?
Based on GuruFocus' analysis, Retina Paints stock appears to be undervalued.
The current stock price of ₹39.84 is trading 65.3% below its estimated GF Value™ of ₹114.91.
GuruFocus considers Retina Paints to be Possible Value Trap.
Key valuation signals for BOM:543902:
Return-on-Tangible-Asset: 1.53% (40% above median its 10-year median of 1.09)
GF Value™: ₹114.91 vs. price of ₹39.84 (65.3% below fair value)
Industry Position: 57.7% below the Chemicals median (#1106 of 1617)
No single metric tells the full story. See the BOM:543902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Retina Paints Ltd is engaged in the manufacturing of decorative paints, including distempers, primers, emulsions, and other products. The Company operates in only one segment, which is the Manufacturing and Selling of Paints.
62GF Score
Get the complete analysis for BOM:543902
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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