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Astron MultigrainBOM:544628 -1.48%21 Return-on-Tangible-Asset is 6.36% as of Mar. 2026, which is 46% below its 10-year median of 11.78. GuruFocus rates BOM:544628 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 2,014 Consumer Packaged Goods companies, Astron Multigrain ranks better than 65.79% 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. Astron Multigrain's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹18.6 Mil. Astron Multigrain's average total tangible assets for the quarter that ended in Mar. 2026 was ₹292.2 Mil. Therefore, Astron Multigrain's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.36%.
The historical rank and industry rank for Astron Multigrain's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544628'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.36 Med: 11.78 Max: 12.19
Current: 6.36
During the past 4 years, Astron Multigrain's highest Return-on-Tangible-Asset was 12.19%. The lowest was 6.36%. And the median was 11.78%.
BOM:544628's Return-on-Tangible-Asset is ranked better than 65.79% of 2014
companies
in the Consumer Packaged Goods industry
Industry Median: 3.53
vs BOM:544628: 6.36
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.
Astron Multigrain Return-on-Tangible-Asset Related Terms
Astron Multigrain Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Astron Multigrain'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.
Astron Multigrain Return-on-Tangible-Asset Chart
Astron Multigrain Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
8.36
12.19
11.74
11.81
Astron Multigrain Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
0.00
0.00
9.85
6.36
BOM:544628 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Astron Multigrain'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.
Astron Multigrain Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Multigrain's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Astron Multigrain'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 one times the annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.36% mean?
Astron Multigrain (BOM:544628) has a Return-on-Tangible-Asset of 6.36% 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 Astron Multigrain and its competitors. This is 46% below median its historical median of 11.78. Over the past decade, Astron Multigrain's Return-on-Tangible-Asset has ranged from 6.36 to 12.19. According to the industry distribution chart, Astron Multigrain ranks #689 out of 2014 companies in the Consumer Packaged Goods industry, placing it in the top 34.2%.
Is Astron Multigrain's Return-on-Tangible-Asset too high?
Astron Multigrain's current Return-on-Tangible-Asset of 6.36% is 46% below median its 10-year median of 11.78. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 12.19. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.53. Astron Multigrain's value of 6.36% is 80.2% above this industry median. Based on the distribution chart, Astron Multigrain ranks #689 out of 2014 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Astron Multigrain has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Astron Multigrain's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Astron Multigrain ranks #689 out of 2014 companies for Return-on-Tangible-Asset. This puts Astron Multigrain in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.53. Astron Multigrain's value of 6.36% is 80.2% above this benchmark. Historically, Astron Multigrain's own Return-on-Tangible-Asset has ranged from 6.36 to 12.19 over the past decade. While the company's 10-year median is 11.78 vs. the industry median of 3.53, Astron Multigrain 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.53, based on 2,014 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. Astron Multigrain's current Return-on-Tangible-Asset of 6.36% is 80.2% 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 Astron Multigrain and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Multigrain's current Return-on-Tangible-Asset is 6.36%, which is 46% below median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Multigrain stock overvalued right now?
Astron Multigrain (BOM:544628) has a current Return-on-Tangible-Asset of 6.36%. The current Return-on-Tangible-Asset is 6.36%, which is 46% below median its 10-year median of 11.78 and 80.2% above the Consumer Packaged Goods industry median of 3.53. Astron Multigrain's overall GF Score™ is 21/100 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 Astron Multigrain (BOM:544628), the current Return-on-Tangible-Asset is 6.36% 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.
Astron Multigrain Ltd is in the business of manufacturing of instant noodles. The company manufactures noodles on a contract manufacturing basis. It also manufactures noodles under its own brand, 'Astron's Swagy Noodles', available in one variant - Mast Masala (Classic flavour). The company is also engaged in the manufacturing of noodle bhujiya and papad. It operates in a single reportable business segment: manufacture and supply of Instant Noodles and other Ready to Eat/ Ready to Cook products to its customers across India. The majority of its revenue is derived from the manufacturing and sale of instant noodles.
21GF Score
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