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Nova AgritechBOM:544100 -1.00%58 Return-on-Tangible-Asset is 3.78% as of Jun. 2026, which is 57% below its 10-year median of 8.83. GuruFocus rates BOM:544100 with a GF Score™ of 58/100 and a GF Value™ of ₹45.16 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 260 Agriculture companies, Nova Agritech ranks better than 53.85% 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. Nova Agritech's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹130 Mil. Nova Agritech's average total tangible assets for the quarter that ended in Jun. 2026 was ₹3,438 Mil. Therefore, Nova Agritech's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.78%.
The historical rank and industry rank for Nova Agritech's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544100'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.69 Med: 8.83 Max: 12.1
Current: 3.69
During the past 6 years, Nova Agritech's highest Return-on-Tangible-Asset was 12.10%. The lowest was 3.69%. And the median was 8.83%.
BOM:544100's Return-on-Tangible-Asset is ranked better than 53.85% of 260
companies
in the Agriculture industry
Industry Median: 3.285
vs BOM:544100: 3.69
Nova Agritech (BOM:544100) 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.
Nova Agritech Return-on-Tangible-Asset Related Terms
Nova Agritech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nova Agritech'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:544100 vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison
For the Agricultural Inputs subindustry, Nova Agritech'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.
Nova Agritech Return-on-Tangible-Asset vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Nova Agritech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nova Agritech'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.78% mean?
Nova Agritech (BOM:544100) has a Return-on-Tangible-Asset of 3.78% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nova Agritech and its competitors. This is 57% below median its historical median of 8.83. Over the past decade, Nova Agritech's Return-on-Tangible-Asset has ranged from 3.69 to 12.10. According to the industry distribution chart, Nova Agritech ranks #120 out of 260 companies in the Agriculture industry, placing it in the top 46.2%.
Is Nova Agritech's Return-on-Tangible-Asset too high?
Nova Agritech's current Return-on-Tangible-Asset of 3.78% is 57% below median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 12.10. The Agriculture industry median Return-on-Tangible-Asset is 3.29. Nova Agritech's value of 3.78% is 15.1% above this industry median. Based on the distribution chart, Nova Agritech ranks #120 out of 260 companies in the Agriculture industry, which is above the industry midpoint. Overall, Nova Agritech has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nova Agritech's Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nova Agritech ranks #120 out of 260 companies for Return-on-Tangible-Asset. This puts Nova Agritech in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.29. Nova Agritech's value of 3.78% is 15.1% above this benchmark. Historically, Nova Agritech's own Return-on-Tangible-Asset has ranged from 3.69 to 12.10 over the past decade. While the company's 10-year median is 8.83 vs. the industry median of 3.29, Nova Agritech 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 an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.29, based on 260 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. Nova Agritech's current Return-on-Tangible-Asset of 3.78% is 15.1% 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 Nova Agritech and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Agritech's current Return-on-Tangible-Asset is 3.78%, which is 57% below median its own 10-year median of 8.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Agritech stock overvalued right now?
Based on GuruFocus' analysis, Nova Agritech (BOM:544100) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.16, compared to a current price of ₹22.84 — trading 49.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.78%, which is 57% below median its 10-year median of 8.83 and 15.1% above the Agriculture industry median of 3.29. Nova Agritech's overall GF Score™ is 58/100 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 Nova Agritech (BOM:544100), the current Return-on-Tangible-Asset is 3.78% as of Jun. 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 Nova Agritech (BOM:544100) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Agritech stock appears to be undervalued.
The current stock price of ₹22.84 is trading 49.4% below its estimated GF Value™ of ₹45.16.
GuruFocus considers Nova Agritech to be Significantly Undervalued.
Key valuation signals for BOM:544100:
Return-on-Tangible-Asset: 3.78% (57% below median its 10-year median of 8.83)
GF Value™: ₹45.16 vs. price of ₹22.84 (49.4% below fair value)
Industry Position: 15.1% above the Agriculture median (#120 of 260)
No single metric tells the full story. See the BOM:544100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Agritech Ltd is an agri-input manufacturer company. It offers soil health management, crop nutrition, and crop protection products focused on tech-based farmer-driven solutions and also offers ecologically sustainable and nutritionally balanced products. It also manufactures, distributes and market a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products (d) bio pesticide products (e) Integrated pest management products; (f) new technologies; and (g) crop protection products.
58GF Score
Get the complete analysis for BOM:544100
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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