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.
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. Abans Financial Services's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-155 Mil. Abans Financial Services's average total tangible assets for the quarter that ended in Mar. 2026 was ₹29,003 Mil. Therefore, Abans Financial Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.53%.
The historical rank and industry rank for Abans Financial Services's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AFSL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.89 Med: 3.52 Max: 5.2
Current: 3.02
During the past 7 years, Abans Financial Services's highest Return-on-Tangible-Asset was 5.20%. The lowest was 2.89%. And the median was 3.52%.
NSE:AFSL's Return-on-Tangible-Asset is ranked better than 62.84% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs NSE:AFSL: 3.02
Abans Financial Services (NSE:AFSL) 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 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.
Abans Financial Services Return-on-Tangible-Asset Related Terms
Abans Financial Services Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Abans Financial Services'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.
Abans Financial Services Return-on-Tangible-Asset Chart
NSE:AFSL vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Abans Financial Services'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.
Abans Financial Services Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Abans Financial Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Abans Financial Services'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.53% mean?
Abans Financial Services (NSE:AFSL) has a Return-on-Tangible-Asset of -0.53% 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 Abans Financial Services and its competitors. Over the past decade, Abans Financial Services' Return-on-Tangible-Asset has ranged from 2.89 to 5.20. According to the industry distribution chart, Abans Financial Services ranks #304 out of 818 companies in the Capital Markets industry, placing it in the top 37.2%.
Is Abans Financial Services' Return-on-Tangible-Asset too high?
Abans Financial Services' current Return-on-Tangible-Asset is -0.53%. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 5.20. Based on the distribution chart, Abans Financial Services ranks #304 out of 818 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Abans Financial Services has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Abans Financial Services' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Abans Financial Services ranks #304 out of 818 companies for Return-on-Tangible-Asset. This puts Abans Financial Services in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.53. Historically, Abans Financial Services' own Return-on-Tangible-Asset has ranged from 2.89 to 5.20 over the past decade. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.53, based on 818 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. 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 Abans Financial Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abans Financial Services's current Return-on-Tangible-Asset is -0.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abans Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Abans Financial Services (NSE:AFSL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5,055.57, compared to a current price of ₹201.03 — trading 96% below its estimated fair value. The current Return-on-Tangible-Asset is -0.53%. Abans Financial Services' overall GF Score™ is 72/100 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 Abans Financial Services (NSE:AFSL), the current Return-on-Tangible-Asset is -0.53% 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.
Is Abans Financial Services (NSE:AFSL) Overvalued in 2026?
Based on GuruFocus' analysis, Abans Financial Services stock appears to be undervalued.
The current stock price of ₹201.03 is trading 96% below its estimated GF Value™ of ₹5,055.57.
GuruFocus considers Abans Financial Services to be Possible Value Trap.
Key valuation signals for NSE:AFSL:
Return-on-Tangible-Asset: -0.53%
GF Value™: ₹5,055.57 vs. price of ₹201.03 (96% below fair value)
No single metric tells the full story. See the NSE:AFSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abans Financial Services Ltd is engaged in providing financial services. The principal activities of the Company include wealth and asset management services including financial asset distribution, broking, lending, credit, investment solutions, asset and portfolio management, treasury operations, and allied activities. The company is also engaged in advisory services like Corporate Finance, Project Finance, Trade Finance, and providing Business & Retail Loans, unsecured and secured against collateral security, investment in government security, and bonds. The operating segments of the company are Agency business, Internal treasury operations, Lending activities, and Others. The majority of its revenue is derived from the Internal treasury operations segment.
72GF Score
Get the complete analysis for NSE:AFSL
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:AFSL has been successfully added to your 
