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Filatex IndiaNSE:FILATEX +0.55%72 Return-on-Tangible-Asset is 7.87% as of Jun. 2026, which is 30% above its 10-year median of 6.04. GuruFocus rates NSE:FILATEX with a GF Score™ of 72/100 and a GF Value™ of ₹53.26 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Filatex India ranks better than 84.77% 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. Filatex India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,941 Mil. Filatex India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹24,673 Mil. Therefore, Filatex India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.87%.
The historical rank and industry rank for Filatex India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:FILATEX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.09 Med: 6.04 Max: 15.82
Current: 8.02
During the past 13 years, Filatex India's highest Return-on-Tangible-Asset was 15.82%. The lowest was 4.09%. And the median was 6.04%.
NSE:FILATEX's Return-on-Tangible-Asset is ranked better than 84.77% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.025
vs NSE:FILATEX: 8.02
Filatex India (NSE:FILATEX) 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.
Filatex India Return-on-Tangible-Asset Related Terms
Filatex India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Filatex 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.
Filatex India Return-on-Tangible-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Filatex 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.
Filatex India Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Filatex India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Filatex 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.87% mean?
Filatex India (NSE:FILATEX) has a Return-on-Tangible-Asset of 7.87% 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 Filatex India and its competitors. This is 30% above median its historical median of 6.04. Over the past decade, Filatex India's Return-on-Tangible-Asset has ranged from 4.09 to 15.82. According to the industry distribution chart, Filatex India ranks #162 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 15.2%.
Is Filatex India's Return-on-Tangible-Asset too high?
Filatex India's current Return-on-Tangible-Asset of 7.87% is 30% above median its 10-year median of 6.04. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 15.82. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.03. Filatex India's value of 7.87% is 288.6% above this industry median. Based on the distribution chart, Filatex India ranks #162 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Filatex India has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Filatex India's Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Filatex India ranks #162 out of 1064 companies for Return-on-Tangible-Asset. This places Filatex India in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.03. Filatex India's value of 7.87% is 288.6% above this benchmark. Historically, Filatex India's own Return-on-Tangible-Asset has ranged from 4.09 to 15.82 over the past decade. While the company's 10-year median is 6.04 vs. the industry median of 2.03, Filatex 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.03, based on 1,064 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. Filatex India's current Return-on-Tangible-Asset of 7.87% is 288.6% 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 Filatex India and its competitors. For the Manufacturing - Apparel & Accessories 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. Filatex India's current Return-on-Tangible-Asset is 7.87%, which is 30% above median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filatex India stock overvalued right now?
Based on GuruFocus' analysis, Filatex India (NSE:FILATEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.26, compared to a current price of ₹81.81 — trading 53.6% above its estimated fair value. The current Return-on-Tangible-Asset is 7.87%, which is 30% above median its 10-year median of 6.04 and 288.6% above the Manufacturing - Apparel & Accessories industry median of 2.03. Filatex India's overall GF Score™ is 72/100 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 Filatex India (NSE:FILATEX), the current Return-on-Tangible-Asset is 7.87% 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 Filatex India (NSE:FILATEX) Overvalued in 2026?
Based on GuruFocus' analysis, Filatex India stock appears to be overvalued.
The current stock price of ₹81.81 is trading 53.6% above its estimated GF Value™ of ₹53.26.
GuruFocus considers Filatex India to be Significantly Overvalued.
Key valuation signals for NSE:FILATEX:
Return-on-Tangible-Asset: 7.87% (30% above median its 10-year median of 6.04)
GF Value™: ₹53.26 vs. price of ₹81.81 (53.6% above fair value)
Industry Position: 288.6% above the Manufacturing - Apparel & Accessories median (#162 of 1064)
No single metric tells the full story. See the NSE:FILATEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filatex India Ltd is a manufacturer of Polyester Filament yarn. The company's product line includes Polyester Filament Yarn, Polypropylene Filament Yarn, Draw Texturized Yarn, Fully Drawn Yarn, Textile Grade Chips, Narrow Customized Fabrics, and Monofilament Yarns. Its only operating segment is the Manufacture and Trading of Synthetic Yarn and Textiles. Geographically, it derives a majority of its revenue from India.
72GF Score
Get the complete analysis for NSE:FILATEX
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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