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.
Aastha SpintexNSE:AASTHA -0.37%14 Return-on-Tangible-Asset is 8.91% as of Mar. 2025, which is 13% above its 10-year median of 7.89. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks better than 87.63% 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. Aastha Spintex's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹229 Mil. Aastha Spintex's average total tangible assets for the quarter that ended in Mar. 2025 was ₹2,573 Mil. Therefore, Aastha Spintex's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.91%.
The historical rank and industry rank for Aastha Spintex's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AASTHA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.61 Med: 7.89 Max: 8.91
Current: 8.91
During the past 3 years, Aastha Spintex's highest Return-on-Tangible-Asset was 8.91%. The lowest was 0.61%. And the median was 7.89%.
NSE:AASTHA's Return-on-Tangible-Asset is ranked better than 87.63% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs NSE:AASTHA: 8.91
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.
Aastha Spintex Return-on-Tangible-Asset Related Terms
Aastha Spintex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aastha Spintex'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.
Aastha Spintex Return-on-Tangible-Asset Chart
Aastha Spintex Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
0.61
7.89
8.91
Aastha Spintex Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
0.61
7.89
8.91
NSE:AASTHA vs : Return-on-Tangible-Asset Comparison
For the Textile Manufacturing subindustry, Aastha Spintex'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.
Aastha Spintex Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aastha Spintex'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. 2025) net income data.
What does a Return-on-Tangible-Asset of 8.91% mean?
Aastha Spintex (NSE:AASTHA) has a Return-on-Tangible-Asset of 8.91% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aastha Spintex and its competitors. This is 13% above median its historical median of 7.89. Over the past decade, Aastha Spintex's Return-on-Tangible-Asset has ranged from 0.61 to 8.91. According to the industry distribution chart, Aastha Spintex ranks #132 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.4%.
Is Aastha Spintex's Return-on-Tangible-Asset too high?
Aastha Spintex's current Return-on-Tangible-Asset of 8.91% is 13% above median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 8.91. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Aastha Spintex's value of 8.91% is 347.7% above this industry median. Based on the distribution chart, Aastha Spintex ranks #132 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Return-on-Tangible-Asset compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #132 out of 1067 companies for Return-on-Tangible-Asset. This places Aastha Spintex in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Aastha Spintex's value of 8.91% is 347.7% above this benchmark. Historically, Aastha Spintex's own Return-on-Tangible-Asset has ranged from 0.61 to 8.91 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 1.99, Aastha Spintex 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,067 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. Aastha Spintex's current Return-on-Tangible-Asset of 8.91% is 347.7% 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Return-on-Tangible-Asset is 8.91%, which is 13% above median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Return-on-Tangible-Asset of 8.91%. The current Return-on-Tangible-Asset is 8.91%, which is 13% above median its 10-year median of 7.89 and 347.7% above the Manufacturing - Apparel & Accessories industry median of 1.99. Aastha Spintex's overall GF Score™ is 14/100 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 Aastha Spintex (NSE:AASTHA), the current Return-on-Tangible-Asset is 8.91% as of Mar. 2025. 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.
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
14GF Score
Get the complete analysis for NSE:AASTHA
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
NSE:AASTHA has been successfully added to your 
