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Ashika Global SecuritiesNSE:ASHIKAG 57 Return-on-Tangible-Asset is 21.77% as of Jun. 2026, which is 266% above its 10-year median of 5.94. GuruFocus rates NSE:ASHIKAG with a GF Score™ of 57/100 and a GF Value™ of ₹256.51 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 550 Credit Services companies, Ashika Global Securities ranks better than 89.64% 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. Ashika Global Securities's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹4,051.9 Mil. Ashika Global Securities's average total tangible assets for the quarter that ended in Jun. 2026 was ₹18,609.7 Mil. Therefore, Ashika Global Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.77%.
The historical rank and industry rank for Ashika Global Securities's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ASHIKAG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.43 Med: 5.94 Max: 28.14
Current: 7.9
During the past 13 years, Ashika Global Securities's highest Return-on-Tangible-Asset was 28.14%. The lowest was -4.43%. And the median was 5.94%.
NSE:ASHIKAG's Return-on-Tangible-Asset is ranked better than 89.64% of 550
companies
in the Credit Services industry
Industry Median: 2.03
vs NSE:ASHIKAG: 7.90
Ashika Global Securities (NSE:ASHIKAG) 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.
Ashika Global Securities Return-on-Tangible-Asset Related Terms
Ashika Global Securities Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Asset Chart
NSE:ASHIKAG vs : Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Ashika Global Securities'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.
Ashika Global Securities Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ashika Global Securities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashika Global Securities'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 21.77% mean?
Ashika Global Securities (NSE:ASHIKAG) has a Return-on-Tangible-Asset of 21.77% 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 Ashika Global Securities and its competitors. This is 266% above median its historical median of 5.94. According to the industry distribution chart, Ashika Global Securities ranks #57 out of 550 companies in the Credit Services industry, placing it in the top 10.4%.
Is Ashika Global Securities' Return-on-Tangible-Asset too high?
Ashika Global Securities' current Return-on-Tangible-Asset of 21.77% is 266% above median its 10-year median of 5.94. The Credit Services industry median Return-on-Tangible-Asset is 2.03. Ashika Global Securities' value of 21.77% is 972.4% above this industry median. Based on the distribution chart, Ashika Global Securities ranks #57 out of 550 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ashika Global Securities has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashika Global Securities' Return-on-Tangible-Asset compare to ?
According to the Credit Services industry distribution chart, Ashika Global Securities ranks #57 out of 550 companies for Return-on-Tangible-Asset. This places Ashika Global Securities in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.03. Ashika Global Securities' value of 21.77% is 972.4% above this benchmark. While the company's 10-year median is 5.94 vs. the industry median of 2.03, Ashika Global Securities 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.03, based on 550 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. Ashika Global Securities's current Return-on-Tangible-Asset of 21.77% is 972.4% 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 Ashika Global Securities and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashika Global Securities's current Return-on-Tangible-Asset is 21.77%, which is 266% above median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashika Global Securities stock overvalued right now?
Based on GuruFocus' analysis, Ashika Global Securities (NSE:ASHIKAG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹256.51, compared to a current price of ₹428.70 — trading 67.1% above its estimated fair value. The current Return-on-Tangible-Asset is 21.77%, which is 266% above median its 10-year median of 5.94 and 972.4% above the Credit Services industry median of 2.03. Ashika Global Securities' overall GF Score™ is 57/100 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 Ashika Global Securities (NSE:ASHIKAG), the current Return-on-Tangible-Asset is 21.77% 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 Ashika Global Securities (NSE:ASHIKAG) Overvalued in 2026?
Based on GuruFocus' analysis, Ashika Global Securities stock appears to be overvalued.
The current stock price of ₹428.70 is trading 67.1% above its estimated GF Value™ of ₹256.51.
GuruFocus considers Ashika Global Securities to be Significantly Overvalued.
Key valuation signals for NSE:ASHIKAG:
Return-on-Tangible-Asset: 21.77% (266% above median its 10-year median of 5.94)
GF Value™: ₹256.51 vs. price of ₹428.70 (67.1% above fair value)
Industry Position: 972.4% above the Credit Services median (#57 of 550)
No single metric tells the full story. See the NSE:ASHIKAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashika Credit Capital Ltd is a non-deposit-taking non-banking financial institution actively engaged in fund-based activities in India including providing loans and advances, inter-corporate deposits, restructuring finance, loans against securities, and investments in shares and securities. It provides services to individuals, corporations, and financial institutions. The company is predominantly engaged in a single reportable segment of Financial Services.
57GF Score
Get the complete analysis for NSE:ASHIKAG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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