Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ACE Software ExportsBOM:890230 +7.54%56 Return-on-Tangible-Asset is 5.83% as of Jun. 2026, which is 127% above its 10-year median of 2.57. GuruFocus rates BOM:890230 with a GF Score™ of 56/100 and a GF Value™ of ₹71.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,894 Software companies, ACE Software Exports ranks better than 62.16% 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. ACE Software Exports's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹45.8 Mil. ACE Software Exports's average total tangible assets for the quarter that ended in Jun. 2026 was ₹786.9 Mil. Therefore, ACE Software Exports's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 5.83%.
The historical rank and industry rank for ACE Software Exports's Return-on-Tangible-Asset or its related term are showing as below:
BOM:890230'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.82 Med: 2.57 Max: 18.11
Current: 5.75
During the past 13 years, ACE Software Exports's highest Return-on-Tangible-Asset was 18.11%. The lowest was -6.82%. And the median was 2.57%.
BOM:890230's Return-on-Tangible-Asset is ranked better than 62.16% of 2894
companies
in the Software industry
Industry Median: 2.13
vs BOM:890230: 5.75
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.
ACE Software Exports Return-on-Tangible-Asset Related Terms
ACE Software Exports Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ACE Software Exports'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:890230 vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, ACE Software Exports'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.
ACE Software Exports Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, ACE Software Exports's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ACE Software Exports'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 5.83% mean?
ACE Software Exports (BOM:890230) has a Return-on-Tangible-Asset of 5.83% 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 ACE Software Exports and its competitors. This is 127% above median its historical median of 2.57. According to the industry distribution chart, ACE Software Exports ranks #1095 out of 2894 companies in the Software industry, placing it in the top 37.8%.
Is ACE Software Exports' Return-on-Tangible-Asset too high?
ACE Software Exports' current Return-on-Tangible-Asset of 5.83% is 127% above median its 10-year median of 2.57. The Software industry median Return-on-Tangible-Asset is 2.13. ACE Software Exports' value of 5.83% is 173.7% above this industry median. Based on the distribution chart, ACE Software Exports ranks #1095 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, ACE Software Exports has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACE Software Exports' Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, ACE Software Exports ranks #1095 out of 2894 companies for Return-on-Tangible-Asset. This puts ACE Software Exports in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.13. ACE Software Exports' value of 5.83% is 173.7% above this benchmark. While the company's 10-year median is 2.57 vs. the industry median of 2.13, ACE Software Exports 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.13, based on 2,894 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. ACE Software Exports's current Return-on-Tangible-Asset of 5.83% is 173.7% 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 ACE Software Exports and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACE Software Exports's current Return-on-Tangible-Asset is 5.83%, which is 127% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACE Software Exports stock overvalued right now?
Based on GuruFocus' analysis, ACE Software Exports (BOM:890230) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.07, compared to a current price of ₹95.22 — trading 34% above its estimated fair value. The current Return-on-Tangible-Asset is 5.83%, which is 127% above median its 10-year median of 2.57 and 173.7% above the Software industry median of 2.13. ACE Software Exports' overall GF Score™ is 56/100 with 7 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 ACE Software Exports (BOM:890230), the current Return-on-Tangible-Asset is 5.83% 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 ACE Software Exports (BOM:890230) Overvalued in 2026?
Based on GuruFocus' analysis, ACE Software Exports stock appears to be overvalued.
The current stock price of ₹95.22 is trading 34% above its estimated GF Value™ of ₹71.07.
GuruFocus considers ACE Software Exports to be Significantly Overvalued.
Key valuation signals for BOM:890230:
Return-on-Tangible-Asset: 5.83% (127% above median its 10-year median of 2.57)
GF Value™: ₹71.07 vs. price of ₹95.22 (34% above fair value)
Industry Position: 173.7% above the Software median (#1095 of 2894)
No single metric tells the full story. See the BOM:890230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACE Software Exports Ltd operates in the business of software database creation. It provides document management, digital publishing, and data conversion solutions using process engineering and cost-effective and flexible conversion systems. The firm operates under a single segment namely Computer Software and Services Exports. The company is engaged in the exports of computer software and service. The company's business relates to database creation pertaining to Information technology-enabled services, which include creating large volume full text, and image-based databases. The company derives the majority of its revenue from the sale of software.
56GF Score
Get the complete analysis for BOM:890230
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:890230 has been successfully added to your 
