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Indo MIMBOM:544837 -1.03%17 Return-on-Tangible-Asset is 12.18% as of Mar. 2026, which is 5% above its 10-year median of 11.62. GuruFocus rates BOM:544837 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 3,089 Industrial Products companies, Indo MIM ranks better than 89.16% 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. Indo MIM's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,335 Mil. Indo MIM's average total tangible assets for the quarter that ended in Mar. 2026 was ₹43,812 Mil. Therefore, Indo MIM's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.18%.
The historical rank and industry rank for Indo MIM's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544837'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.18 Med: 11.62 Max: 14.03
Current: 12.18
During the past 4 years, Indo MIM's highest Return-on-Tangible-Asset was 14.03%. The lowest was 8.18%. And the median was 11.62%.
BOM:544837's Return-on-Tangible-Asset is ranked better than 89.16% of 3089
companies
in the Industrial Products industry
Industry Median: 3.43
vs BOM:544837: 12.18
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.
Indo MIM Return-on-Tangible-Asset Related Terms
Indo MIM Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Indo MIM'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.
Indo MIM Return-on-Tangible-Asset Chart
Indo MIM Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
14.03
8.18
11.05
12.18
Indo MIM Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
14.03
8.18
11.05
12.18
BOM:544837 vs ATI, CRS, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Indo MIM'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.
Indo MIM Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo MIM's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Indo MIM'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 12.18% mean?
Indo MIM (BOM:544837) has a Return-on-Tangible-Asset of 12.18% 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 Indo MIM and its competitors. This is near median its historical median of 11.62. Over the past decade, Indo MIM's Return-on-Tangible-Asset has ranged from 8.18 to 14.03. According to the industry distribution chart, Indo MIM ranks #335 out of 3089 companies in the Industrial Products industry, placing it in the top 10.8%.
Is Indo MIM's Return-on-Tangible-Asset too high?
Indo MIM's current Return-on-Tangible-Asset of 12.18% is near median its 10-year median of 11.62. Over the past 10 years, this metric has ranged from a low of 8.18 to a high of 14.03. The Industrial Products industry median Return-on-Tangible-Asset is 3.43. Indo MIM's value of 12.18% is 255.1% above this industry median. Based on the distribution chart, Indo MIM ranks #335 out of 3089 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's Return-on-Tangible-Asset compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Indo MIM ranks #335 out of 3089 companies for Return-on-Tangible-Asset. This places Indo MIM in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Indo MIM's value of 12.18% is 255.1% above this benchmark. Historically, Indo MIM's own Return-on-Tangible-Asset has ranged from 8.18 to 14.03 over the past decade. While the company's 10-year median is 11.62 vs. the industry median of 3.43, Indo MIM 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.43, based on 3,089 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. Indo MIM's current Return-on-Tangible-Asset of 12.18% is 255.1% 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 Indo MIM and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo MIM's current Return-on-Tangible-Asset is 12.18%, which is near median its own 10-year median of 11.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (BOM:544837) has a current Return-on-Tangible-Asset of 12.18%. The current Return-on-Tangible-Asset is 12.18%, which is near median its 10-year median of 11.62 and 255.1% above the Industrial Products industry median of 3.43. Indo MIM's overall GF Score™ is 17/100 with 1 warning sign 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 Indo MIM (BOM:544837), the current Return-on-Tangible-Asset is 12.18% 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.
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
17GF Score
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