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Banswara SyntexNSE:BANSWRAS +2.98%74 Return-on-Tangible-Asset is 1.45% as of Jun. 2026, which is 41% below its 10-year median of 2.46. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 74/100 and a GF Value™ of ₹146.86 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Banswara Syntex ranks better than 54.21% 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. Banswara Syntex's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹184 Mil. Banswara Syntex's average total tangible assets for the quarter that ended in Jun. 2026 was ₹12,717 Mil. Therefore, Banswara Syntex's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.45%.
The historical rank and industry rank for Banswara Syntex's Return-on-Tangible-Asset or its related term are showing as below:
NSE:BANSWRAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79 Med: 2.46 Max: 11.58
Current: 2.99
During the past 13 years, Banswara Syntex's highest Return-on-Tangible-Asset was 11.58%. The lowest was 0.79%. And the median was 2.46%.
NSE:BANSWRAS's Return-on-Tangible-Asset is ranked better than 54.21% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.02
vs NSE:BANSWRAS: 2.99
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.
Banswara Syntex Return-on-Tangible-Asset Related Terms
Banswara Syntex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Banswara Syntex'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.
For the Textile Manufacturing subindustry, Banswara Syntex'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.
Banswara Syntex Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banswara Syntex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Banswara Syntex'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 1.45% mean?
Banswara Syntex (NSE:BANSWRAS) has a Return-on-Tangible-Asset of 1.45% 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 Banswara Syntex and its competitors. This is 41% below median its historical median of 2.46. Over the past decade, Banswara Syntex's Return-on-Tangible-Asset has ranged from 0.79 to 11.58. According to the industry distribution chart, Banswara Syntex ranks #489 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.8%.
Is Banswara Syntex's Return-on-Tangible-Asset too high?
Banswara Syntex's current Return-on-Tangible-Asset of 1.45% is 41% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 11.58. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.02. Banswara Syntex's value of 1.45% is 28.2% below this industry median. Based on the distribution chart, Banswara Syntex ranks #489 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Banswara Syntex has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Banswara Syntex ranks #489 out of 1068 companies for Return-on-Tangible-Asset. This puts Banswara Syntex in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.02. Banswara Syntex's value of 1.45% is 28.2% below this benchmark. Historically, Banswara Syntex's own Return-on-Tangible-Asset has ranged from 0.79 to 11.58 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.02, Banswara Syntex 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.02, based on 1,068 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. Banswara Syntex's current Return-on-Tangible-Asset of 1.45% is 28.2% 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 Banswara Syntex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banswara Syntex's current Return-on-Tangible-Asset is 1.45%, which is 41% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹146.86, compared to a current price of ₹127.34 — trading 13.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.45%, which is 41% below median its 10-year median of 2.46 and 28.2% below the Manufacturing - Apparel & Accessories industry median of 2.02. Banswara Syntex's overall GF Score™ is 74/100 with 8 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 Banswara Syntex (NSE:BANSWRAS), the current Return-on-Tangible-Asset is 1.45% 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?
Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued.
The current stock price of ₹127.34 is trading 13.3% below its estimated GF Value™ of ₹146.86.
GuruFocus considers Banswara Syntex to be Modestly Undervalued.
Key valuation signals for NSE:BANSWRAS:
Return-on-Tangible-Asset: 1.45% (41% below median its 10-year median of 2.46)
GF Value™: ₹146.86 vs. price of ₹127.34 (13.3% below fair value)
Industry Position: 28.2% below the Manufacturing - Apparel & Accessories median (#489 of 1068)
No single metric tells the full story. See the NSE:BANSWRAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
74GF Score
Get the complete analysis for NSE:BANSWRAS
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