HandsOn Global Management (HGM) (NSE:HGM) Return-on-Tangible-Asset: -15.05% (As of Jun. 2026)

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NSE:HGM HandsOn Global Management (HGM) Ltd NSE:HGM
60 GF Score
Price ₹48.68
GF Value ₹176.82
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is HandsOn Global Management (HGM) Return-on-Tangible-Asset?

HandsOn Global Management (HGM) NSE:HGM -1.80% 60 Return-on-Tangible-Asset is -15.05% as of Jun. 2026. GuruFocus rates NSE:HGM with a GF Score™ of 60/100 and a GF Value™ of ₹176.82 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,898 Software companies, HandsOn Global Management (HGM) ranks worse than 74.91% 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. HandsOn Global Management (HGM)'s annualized Net Income for the quarter that ended in Jun. 2026 was ₹-82.5 Mil. HandsOn Global Management (HGM)'s average total tangible assets for the quarter that ended in Jun. 2026 was ₹548.3 Mil. Therefore, HandsOn Global Management (HGM)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -15.05%.

The historical rank and industry rank for HandsOn Global Management (HGM)'s Return-on-Tangible-Asset or its related term are showing as below:

NSE:HGM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -71.24   Med: 1.55   Max: 11.21
Current: -13.22

During the past 13 years, HandsOn Global Management (HGM)'s highest Return-on-Tangible-Asset was 11.21%. The lowest was -71.24%. And the median was 1.55%.

NSE:HGM's Return-on-Tangible-Asset is ranked worse than
74.91% of 2898 companies
in the Software industry
Industry Median: 2.035 vs NSE:HGM: -13.22

HandsOn Global Management (HGM)  (NSE:HGM) 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 company’s 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 company’s 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.


HandsOn Global Management (HGM) Return-on-Tangible-Asset Related Terms


HandsOn Global Management (HGM) Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for HandsOn Global Management (HGM)'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.

HandsOn Global Management (HGM) Return-on-Tangible-Asset Chart

HandsOn Global Management (HGM) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 11.02 7.32 11.21 -6.47

HandsOn Global Management (HGM) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.47 3.25 -20.49 -15.71 -15.05

NSE:HGM vs IBM, ACN, CTSH: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, HandsOn Global Management (HGM)'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.


HandsOn Global Management (HGM) Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, HandsOn Global Management (HGM)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where HandsOn Global Management (HGM)'s Return-on-Tangible-Asset falls into.


NSE:HGM
60GF Score
HandsOn Global Management (HGM) Ltd NSE:HGM
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HandsOn Global Management (HGM) Return-on-Tangible-Asset Calculation

HandsOn Global Management (HGM)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-30.539/( (395.314+548.29)/ 2 )
=-30.539/471.802
=-6.47 %

HandsOn Global Management (HGM)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-82.508/( (548.29+0)/ 1 )
=-82.508/548.29
=-15.05 %

* 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 -15.05% mean?
HandsOn Global Management (HGM) (NSE:HGM) has a Return-on-Tangible-Asset of -15.05% 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 HandsOn Global Management (HGM) and its competitors. According to the industry distribution chart, HandsOn Global Management (HGM) ranks #2171 out of 2898 companies in the Software industry, placing it in the top 74.9%.
Is HandsOn Global Management (HGM)'s Return-on-Tangible-Asset too high?
HandsOn Global Management (HGM)'s current Return-on-Tangible-Asset is -15.05%. Based on the distribution chart, HandsOn Global Management (HGM) ranks #2171 out of 2898 companies in the Software industry, which is below the industry midpoint. Overall, HandsOn Global Management (HGM) has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HandsOn Global Management (HGM)'s Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, HandsOn Global Management (HGM) ranks #2171 out of 2898 companies for Return-on-Tangible-Asset. This places HandsOn Global Management (HGM) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,898 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. 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 HandsOn Global Management (HGM) and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HandsOn Global Management (HGM)'s current Return-on-Tangible-Asset is -15.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HandsOn Global Management (HGM) stock overvalued right now?
Based on GuruFocus' analysis, HandsOn Global Management (HGM) (NSE:HGM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹176.82, compared to a current price of ₹48.68 — trading 72.5% below its estimated fair value. The current Return-on-Tangible-Asset is -15.05%. HandsOn Global Management (HGM)'s overall GF Score™ is 60/100 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 HandsOn Global Management (HGM) (NSE:HGM), the current Return-on-Tangible-Asset is -15.05% 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 HandsOn Global Management (HGM) (NSE:HGM) Overvalued in 2026?

Based on GuruFocus' analysis, HandsOn Global Management (HGM) stock appears to be undervalued. The current stock price of ₹48.68 is trading 72.5% below its estimated GF Value™ of ₹176.82. GuruFocus considers HandsOn Global Management (HGM) to be Possible Value Trap.

Key valuation signals for NSE:HGM:

  • Return-on-Tangible-Asset: -15.05%
  • GF Value™: ₹176.82 vs. price of ₹48.68 (72.5% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the NSE:HGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HandsOn Global Management (HGM) Business Description

Other Exchanges 532761:India
Address Pune Satara Road, 3rd Floor, Sharda Arcade, Bibwewadi, Pune, MH, IND, 411037
HandsOn Global Management (HGM) Ltd Formerly HOV Services Ltd operates as a hybrid between an investment company and a diversified services corporation. The company is engaged in providing information technology (IT) and IT-enabled services, such as data entry services, software development, and support services. It also provides business process outsourcing (BPO) services. Its Software and IT Enabled Services segment acts as a key revenue driver for the firm.
60GF Score

Get the complete analysis for NSE:HGM

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.68
Price
₹176.82
GF Value