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Art NirmanNSE:ARTNIRMAN +1.87%62 Return-on-Tangible-Asset is 0.31% as of Dec. 2025, which is 65% below its 10-year median of 0.89. GuruFocus rates NSE:ARTNIRMAN with a GF Score™ of 62/100 and a GF Value™ of ₹36.81 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,799 Real Estate companies, Art Nirman ranks worse than 51.81% 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. Art Nirman's annualizedNet Income for the quarter that ended in Dec. 2025 was ₹2.8 Mil. Art Nirman's average total tangible assets for the quarter that ended in Dec. 2025 was ₹881.1 Mil. Therefore, Art Nirman's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.31%.
The historical rank and industry rank for Art Nirman's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ARTNIRMAN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.33 Med: 0.89 Max: 3.27
Current: 1.67
During the past 13 years, Art Nirman's highest Return-on-Tangible-Asset was 3.27%. The lowest was -20.33%. And the median was 0.89%.
NSE:ARTNIRMAN's Return-on-Tangible-Asset is ranked worse than 51.81% of 1799
companies
in the Real Estate industry
Industry Median: 1.89
vs NSE:ARTNIRMAN: 1.67
Art Nirman (NSE:ARTNIRMAN) 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.
Art Nirman Return-on-Tangible-Asset Related Terms
Art Nirman Return-on-Tangible-Asset Historical Data
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The historical data trend for Art Nirman'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.
Art Nirman Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Art Nirman'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.
Art Nirman Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Art Nirman's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Art Nirman'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.31% mean?
Art Nirman (NSE:ARTNIRMAN) has a Return-on-Tangible-Asset of 0.31% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Art Nirman and its competitors. This is 65% below median its historical median of 0.89. According to the industry distribution chart, Art Nirman ranks #932 out of 1799 companies in the Real Estate industry, placing it in the top 51.8%.
Is Art Nirman's Return-on-Tangible-Asset too high?
Art Nirman's current Return-on-Tangible-Asset of 0.31% is 65% below median its 10-year median of 0.89. The Real Estate industry median Return-on-Tangible-Asset is 1.89. Art Nirman's value of 0.31% is 83.6% below this industry median. Based on the distribution chart, Art Nirman ranks #932 out of 1799 companies in the Real Estate industry, which is below the industry midpoint. Overall, Art Nirman has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art Nirman's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Art Nirman ranks #932 out of 1799 companies for Return-on-Tangible-Asset. This places Art Nirman in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.89. Art Nirman's value of 0.31% is 83.6% below this benchmark. While the company's 10-year median is 0.89 vs. the industry median of 1.89, Art Nirman has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.89, based on 1,799 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. Art Nirman's current Return-on-Tangible-Asset of 0.31% is 83.6% below 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 Art Nirman and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art Nirman's current Return-on-Tangible-Asset is 0.31%, which is 65% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Nirman stock overvalued right now?
Based on GuruFocus' analysis, Art Nirman (NSE:ARTNIRMAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹36.81, compared to a current price of ₹43.02 — trading 16.9% above its estimated fair value. The current Return-on-Tangible-Asset is 0.31%, which is 65% below median its 10-year median of 0.89 and 83.6% below the Real Estate industry median of 1.89. Art Nirman's overall GF Score™ is 62/100 with 3 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 Art Nirman (NSE:ARTNIRMAN), the current Return-on-Tangible-Asset is 0.31% as of Dec. 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.
Is Art Nirman (NSE:ARTNIRMAN) Overvalued in 2026?
Based on GuruFocus' analysis, Art Nirman stock appears to be overvalued.
The current stock price of ₹43.02 is trading 16.9% above its estimated GF Value™ of ₹36.81.
GuruFocus considers Art Nirman to be Modestly Overvalued.
Key valuation signals for NSE:ARTNIRMAN:
Return-on-Tangible-Asset: 0.31% (65% below median its 10-year median of 0.89)
GF Value™: ₹36.81 vs. price of ₹43.02 (16.9% above fair value)
Industry Position: 83.6% below the Real Estate median (#932 of 1799)
No single metric tells the full story. See the NSE:ARTNIRMAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.
62GF Score
Get the complete analysis for NSE:ARTNIRMAN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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