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Electronics Mart IndiaNSE:EMIL -2.73%84 Return-on-Tangible-Asset is 4.19% as of Mar. 2026, which is 23% below its 10-year median of 5.44. GuruFocus rates NSE:EMIL with a GF Score™ of 84/100 and a GF Value™ of ₹178.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Electronics Mart India ranks worse than 50.35% 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. Electronics Mart India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,589 Mil. Electronics Mart India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹37,948 Mil. Therefore, Electronics Mart India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.19%.
The historical rank and industry rank for Electronics Mart India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:EMIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.86 Med: 5.44 Max: 6.4
Current: 2.88
During the past 7 years, Electronics Mart India's highest Return-on-Tangible-Asset was 6.40%. The lowest was 2.86%. And the median was 5.44%.
NSE:EMIL's Return-on-Tangible-Asset is ranked worse than 50.35% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs NSE:EMIL: 2.88
Electronics Mart India (NSE:EMIL) 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.
Electronics Mart India Return-on-Tangible-Asset Related Terms
Electronics Mart India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Electronics Mart India'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.
Electronics Mart India Return-on-Tangible-Asset Chart
NSE:EMIL vs CASY, WSM, DKS: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Electronics Mart India'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.
Electronics Mart India Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Electronics Mart India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Electronics Mart India'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 4.19% mean?
Electronics Mart India (NSE:EMIL) has a Return-on-Tangible-Asset of 4.19% 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 Electronics Mart India and its competitors. This is 23% below median its historical median of 5.44. Over the past decade, Electronics Mart India's Return-on-Tangible-Asset has ranged from 2.86 to 6.40. According to the industry distribution chart, Electronics Mart India ranks #572 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 50.4%.
Is Electronics Mart India's Return-on-Tangible-Asset too high?
Electronics Mart India's current Return-on-Tangible-Asset of 4.19% is 23% below median its 10-year median of 5.44. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 6.40. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Electronics Mart India's value of 4.19% is 43% above this industry median. Based on the distribution chart, Electronics Mart India ranks #572 out of 1136 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Electronics Mart India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electronics Mart India's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Electronics Mart India ranks #572 out of 1136 companies for Return-on-Tangible-Asset. This places Electronics Mart India in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Electronics Mart India's value of 4.19% is 43% above this benchmark. Historically, Electronics Mart India's own Return-on-Tangible-Asset has ranged from 2.86 to 6.40 over the past decade. While the company's 10-year median is 5.44 vs. the industry median of 2.93, Electronics Mart India 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,136 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. Electronics Mart India's current Return-on-Tangible-Asset of 4.19% is 43% 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 Electronics Mart India and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronics Mart India's current Return-on-Tangible-Asset is 4.19%, which is 23% below median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronics Mart India stock overvalued right now?
Based on GuruFocus' analysis, Electronics Mart India (NSE:EMIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹178.33, compared to a current price of ₹127.86 — trading 28.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.19%, which is 23% below median its 10-year median of 5.44 and 43% above the Retail - Cyclical industry median of 2.93. Electronics Mart India's overall GF Score™ is 84/100 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 Electronics Mart India (NSE:EMIL), the current Return-on-Tangible-Asset is 4.19% 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 Electronics Mart India (NSE:EMIL) Overvalued in 2026?
Based on GuruFocus' analysis, Electronics Mart India stock appears to be undervalued.
The current stock price of ₹127.86 is trading 28.3% below its estimated GF Value™ of ₹178.33.
GuruFocus considers Electronics Mart India to be Modestly Undervalued.
Key valuation signals for NSE:EMIL:
Return-on-Tangible-Asset: 4.19% (23% below median its 10-year median of 5.44)
GF Value™: ₹178.33 vs. price of ₹127.86 (28.3% below fair value)
Industry Position: 43% above the Retail - Cyclical median (#572 of 1136)
No single metric tells the full story. See the NSE:EMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. It is engaged in the business of the sale of consumer electronics and durable products through a chain of retail and online stores. The company offers various products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands. Geographically, the company operates only in India. The Company operates in three segments, namely, retailing, wholesaling and e-commerce, with a sales mix of mobile, large electronics appliances and small appliances, IT & others.
84GF Score
Get the complete analysis for NSE:EMIL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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