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Black Rose IndustriesNSE:BLACKROSE -0.31%57 Return-on-Tangible-Asset is 20.63% as of Jun. 2026, which is 78% above its 10-year median of 11.58. GuruFocus rates NSE:BLACKROSE with a GF Score™ of 57/100 and a GF Value™ of ₹113.71 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,618 Chemicals companies, Black Rose Industries ranks better than 92.52% 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. Black Rose Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹416 Mil. Black Rose Industries's average total tangible assets for the quarter that ended in Jun. 2026 was ₹2,014 Mil. Therefore, Black Rose Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 20.63%.
The historical rank and industry rank for Black Rose Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:BLACKROSE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.73 Med: 11.58 Max: 19.83
Current: 13.88
During the past 13 years, Black Rose Industries's highest Return-on-Tangible-Asset was 19.83%. The lowest was 4.73%. And the median was 11.58%.
NSE:BLACKROSE's Return-on-Tangible-Asset is ranked better than 92.52% of 1618
companies
in the Chemicals industry
Industry Median: 3.62
vs NSE:BLACKROSE: 13.88
Black Rose Industries (NSE:BLACKROSE) 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.
Black Rose Industries Return-on-Tangible-Asset Related Terms
Black Rose Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Black Rose Industries'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.
Black Rose Industries Return-on-Tangible-Asset Chart
NSE:BLACKROSE vs : Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Black Rose Industries'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.
Black Rose Industries Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Rose Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Black Rose Industries'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 20.63% mean?
Black Rose Industries (NSE:BLACKROSE) has a Return-on-Tangible-Asset of 20.63% 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 Black Rose Industries and its competitors. This is 78% above median its historical median of 11.58. Over the past decade, Black Rose Industries' Return-on-Tangible-Asset has ranged from 4.73 to 19.83. According to the industry distribution chart, Black Rose Industries ranks #121 out of 1618 companies in the Chemicals industry, placing it in the top 7.5%.
Is Black Rose Industries' Return-on-Tangible-Asset too high?
Black Rose Industries' current Return-on-Tangible-Asset of 20.63% is 78% above median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 19.83. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Black Rose Industries' value of 20.63% is 469.9% above this industry median. Based on the distribution chart, Black Rose Industries ranks #121 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Black Rose Industries has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Black Rose Industries' Return-on-Tangible-Asset compare to ?
According to the Chemicals industry distribution chart, Black Rose Industries ranks #121 out of 1618 companies for Return-on-Tangible-Asset. This places Black Rose Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Black Rose Industries' value of 20.63% is 469.9% above this benchmark. Historically, Black Rose Industries' own Return-on-Tangible-Asset has ranged from 4.73 to 19.83 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 3.62, Black Rose Industries 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,618 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. Black Rose Industries's current Return-on-Tangible-Asset of 20.63% is 469.9% 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 Black Rose Industries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Rose Industries's current Return-on-Tangible-Asset is 20.63%, which is 78% above median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Rose Industries stock overvalued right now?
Based on GuruFocus' analysis, Black Rose Industries (NSE:BLACKROSE) is currently considered Fairly Valued. The stock's GF Value™ is ₹113.71, compared to a current price of ₹114.31 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Asset is 20.63%, which is 78% above median its 10-year median of 11.58 and 469.9% above the Chemicals industry median of 3.62. Black Rose Industries' overall GF Score™ is 57/100 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 Black Rose Industries (NSE:BLACKROSE), the current Return-on-Tangible-Asset is 20.63% 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 Black Rose Industries (NSE:BLACKROSE) Overvalued in 2026?
Based on GuruFocus' analysis, Black Rose Industries stock appears to be overvalued.
The current stock price of ₹114.31 is trading 0.5% above its estimated GF Value™ of ₹113.71.
GuruFocus considers Black Rose Industries to be Fairly Valued.
Key valuation signals for NSE:BLACKROSE:
Return-on-Tangible-Asset: 20.63% (78% above median its 10-year median of 11.58)
GF Value™: ₹113.71 vs. price of ₹114.31 (0.5% above fair value)
Industry Position: 469.9% above the Chemicals median (#121 of 1618)
No single metric tells the full story. See the NSE:BLACKROSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Rose Industries Ltd is engaged in the business of chemical distribution and chemical manufacturing. It operates through two segments: Chemicals and Others. The Chemical distribution business consists mainly of import and sales of specialty and performance chemicals. Its product offerings consist of specialty chemicals, flocculants, cyanoacrylate adhesives, polymer additives, and acrylamide among others. The majority of the company's revenue is generated from the Chemicals segment. Geographically, the company caters to both the Indian and the international markets and derives maximum revenue from its customers located outside India.
57GF Score
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