Riddhi Display Equipments (BOM:544640) Return-on-Tangible-Asset: 9.32% (As of Mar. 2026) — Near Median

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BOM:544640 Riddhi Display Equipments Ltd BOM:544640
19 GF Score
Price ₹28.78
! 6 Warning Signs
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What is Riddhi Display Equipments Return-on-Tangible-Asset?

Riddhi Display Equipments BOM:544640 -2.97% 19 Return-on-Tangible-Asset is 9.32% as of Mar. 2026, which is 9% below its 10-year median of 10.24. GuruFocus rates BOM:544640 with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Riddhi Display Equipments ranks better than 85.22% 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. Riddhi Display Equipments's annualized Net Income for the quarter that ended in Mar. 2026 was ₹42.6 Mil. Riddhi Display Equipments's average total tangible assets for the quarter that ended in Mar. 2026 was ₹457.2 Mil. Therefore, Riddhi Display Equipments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.32%.

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

BOM:544640' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.22   Med: 10.24   Max: 16.08
Current: 9.32

During the past 4 years, Riddhi Display Equipments's highest Return-on-Tangible-Asset was 16.08%. The lowest was 1.22%. And the median was 10.24%.

BOM:544640's Return-on-Tangible-Asset is ranked better than
85.22% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.58 vs BOM:544640: 9.32

Riddhi Display Equipments  (BOM:544640) 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.


Riddhi Display Equipments Return-on-Tangible-Asset Related Terms


Riddhi Display Equipments Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Riddhi Display Equipments'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.

Riddhi Display Equipments Return-on-Tangible-Asset Chart

Riddhi Display Equipments Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
1.22 11.16 16.08 9.32

Riddhi Display Equipments Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset 1.22 11.16 16.08 9.32

BOM:544640 vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Riddhi Display Equipments'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.


Riddhi Display Equipments Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Riddhi Display Equipments's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Riddhi Display Equipments's Return-on-Tangible-Asset falls into.


BOM:544640
19GF Score
Riddhi Display Equipments Ltd BOM:544640
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Display Equipments Return-on-Tangible-Asset Calculation

Riddhi Display Equipments'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 )
=42.599/( (323.32+591.138)/ 2 )
=42.599/457.229
=9.32 %

Riddhi Display Equipments'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: Mar. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=42.599/( (323.32+591.138)/ 2 )
=42.599/457.229
=9.32 %

* 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 9.32% mean?
Riddhi Display Equipments (BOM:544640) has a Return-on-Tangible-Asset of 9.32% 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 Riddhi Display Equipments and its competitors. This is near median its historical median of 10.24. Over the past decade, Riddhi Display Equipments' Return-on-Tangible-Asset has ranged from 1.22 to 16.08. According to the industry distribution chart, Riddhi Display Equipments ranks #64 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 14.8%.
Is Riddhi Display Equipments' Return-on-Tangible-Asset too high?
Riddhi Display Equipments' current Return-on-Tangible-Asset of 9.32% is near median its 10-year median of 10.24. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 16.08. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.58. Riddhi Display Equipments' value of 9.32% is 261.2% above this industry median. Based on the distribution chart, Riddhi Display Equipments ranks #64 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Riddhi Display Equipments has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Riddhi Display Equipments' Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Riddhi Display Equipments ranks #64 out of 433 companies for Return-on-Tangible-Asset. This places Riddhi Display Equipments in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.58. Riddhi Display Equipments' value of 9.32% is 261.2% above this benchmark. Historically, Riddhi Display Equipments' own Return-on-Tangible-Asset has ranged from 1.22 to 16.08 over the past decade. While the company's 10-year median is 10.24 vs. the industry median of 2.58, Riddhi Display Equipments 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.58, based on 433 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. Riddhi Display Equipments's current Return-on-Tangible-Asset of 9.32% is 261.2% 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 Riddhi Display Equipments and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riddhi Display Equipments's current Return-on-Tangible-Asset is 9.32%, which is near median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Display Equipments stock overvalued right now?
Riddhi Display Equipments (BOM:544640) has a current Return-on-Tangible-Asset of 9.32%. The current Return-on-Tangible-Asset is 9.32%, which is near median its 10-year median of 10.24 and 261.2% above the Furnishings, Fixtures & Appliances industry median of 2.58. Riddhi Display Equipments' overall GF Score™ is 19/100 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 Riddhi Display Equipments (BOM:544640), the current Return-on-Tangible-Asset is 9.32% 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.

Riddhi Display Equipments Business Description

Address National Highway-27 Gondal Highway, Plot No.1, Survey No.2/1 P4/P2, Village Bhojpara, Gondal, Rajkot, GJ, IND, 360311
Riddhi Display Equipments Ltd is engaged in the business of manufacturing and supply of Display Counter, Kitchen Equipments and Refrigeration Equipments. It is engaged in creating inventive and tailormade solutions for commercial kitchen and bakery setup requirements. The Company offers customized display equipment for Sweet, Bakery, Namkeen, Fast-food, Chat, Dry Fruit, Snacks, Panipuri (Gol Gappa), Sweet Corn, Ice-cream and Shrikhand. The products manufacture by the company are supplied to Restaurants, Food Courts, Cafes, Retail Shops, Super Markets, Ice Cream Parlours, Cake & Pastry Shops, etc.
19GF Score

Get the complete analysis for BOM:544640

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

₹28.78
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