Hindustan Media Ventures (NSE:HMVL) Return-on-Tangible-Asset: 4.59% (As of Mar. 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HMVL Hindustan Media Ventures Ltd NSE:HMVL
69 GF Score
Price ₹88.90
GF Value ₹93.36
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Hindustan Media Ventures Return-on-Tangible-Asset?

Hindustan Media Ventures NSE:HMVL -2.72% 69 Return-on-Tangible-Asset is 4.59% as of Mar. 2026, which is 29% above its 10-year median of 3.56. GuruFocus rates NSE:HMVL with a GF Score™ of 69/100 and a GF Value™ of ₹93.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,029 Media - Diversified companies, Hindustan Media Ventures ranks better than 56.56% 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. Hindustan Media Ventures's annualized Net Income for the quarter that ended in Mar. 2026 was ₹1,099 Mil. Hindustan Media Ventures's average total tangible assets for the quarter that ended in Mar. 2026 was ₹23,960 Mil. Therefore, Hindustan Media Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.59%.

The historical rank and industry rank for Hindustan Media Ventures's Return-on-Tangible-Asset or its related term are showing as below:

NSE:HMVL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.8   Med: 3.56   Max: 14.51
Current: 2.1

During the past 13 years, Hindustan Media Ventures's highest Return-on-Tangible-Asset was 14.51%. The lowest was -1.80%. And the median was 3.56%.

NSE:HMVL's Return-on-Tangible-Asset is ranked better than
56.56% of 1029 companies
in the Media - Diversified industry
Industry Median: 0.82 vs NSE:HMVL: 2.10

Hindustan Media Ventures  (NSE:HMVL) 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.


Hindustan Media Ventures Return-on-Tangible-Asset Related Terms


Hindustan Media Ventures Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hindustan Media Ventures'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.

Hindustan Media Ventures Return-on-Tangible-Asset Chart

Hindustan Media Ventures 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 1.96 -1.80 0.46 3.54 2.11

Hindustan Media Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.20 1.85 1.73 0.15 4.59

NSE:HMVL vs NYT, WLY: Return-on-Tangible-Asset Comparison

For the Publishing subindustry, Hindustan Media Ventures'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.


Hindustan Media Ventures Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hindustan Media Ventures's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hindustan Media Ventures's Return-on-Tangible-Asset falls into.


NSE:HMVL
69GF Score
Hindustan Media Ventures Ltd NSE:HMVL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Media Ventures Return-on-Tangible-Asset Calculation

Hindustan Media Ventures'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 )
=486.9/( (22141.5+23960)/ 2 )
=486.9/23050.75
=2.11 %

Hindustan Media Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1099.2/( (0+23960)/ 1 )
=1099.2/23960
=4.59 %

* 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 4.59% mean?
Hindustan Media Ventures (NSE:HMVL) has a Return-on-Tangible-Asset of 4.59% 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 Hindustan Media Ventures and its competitors. This is 29% above median its historical median of 3.56. According to the industry distribution chart, Hindustan Media Ventures ranks #447 out of 1029 companies in the Media - Diversified industry, placing it in the top 43.4%.
Is Hindustan Media Ventures' Return-on-Tangible-Asset too high?
Hindustan Media Ventures' current Return-on-Tangible-Asset of 4.59% is 29% above median its 10-year median of 3.56. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Hindustan Media Ventures' value of 4.59% is 459.8% above this industry median. Based on the distribution chart, Hindustan Media Ventures ranks #447 out of 1029 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Hindustan Media Ventures has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Media Ventures' Return-on-Tangible-Asset compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hindustan Media Ventures ranks #447 out of 1029 companies for Return-on-Tangible-Asset. This puts Hindustan Media Ventures in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.82. Hindustan Media Ventures' value of 4.59% is 459.8% above this benchmark. While the company's 10-year median is 3.56 vs. the industry median of 0.82, Hindustan Media Ventures 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,029 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. Hindustan Media Ventures's current Return-on-Tangible-Asset of 4.59% is 459.8% 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 Hindustan Media Ventures and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Media Ventures's current Return-on-Tangible-Asset is 4.59%, which is 29% above median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Media Ventures stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Media Ventures (NSE:HMVL) is currently considered Fairly Valued. The stock's GF Value™ is ₹93.36, compared to a current price of ₹88.90 — trading 4.8% below its estimated fair value. The current Return-on-Tangible-Asset is 4.59%, which is 29% above median its 10-year median of 3.56 and 459.8% above the Media - Diversified industry median of 0.82. Hindustan Media Ventures' overall GF Score™ is 69/100 with 6 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 Hindustan Media Ventures (NSE:HMVL), the current Return-on-Tangible-Asset is 4.59% 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 Hindustan Media Ventures (NSE:HMVL) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Media Ventures stock appears to be undervalued. The current stock price of ₹88.90 is trading 4.8% below its estimated GF Value™ of ₹93.36. GuruFocus considers Hindustan Media Ventures to be Fairly Valued.

Key valuation signals for NSE:HMVL:

  • Return-on-Tangible-Asset: 4.59% (29% above median its 10-year median of 3.56)
  • GF Value™: ₹93.36 vs. price of ₹88.90 (4.8% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 459.8% above the Media - Diversified median (#447 of 1029)

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


Hindustan Media Ventures Business Description

Other Exchanges 533217:India
Address 18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110 001
Hindustan Media Ventures Ltd is an Indian newspaper publishing company. It is engaged in the business of printing and publication of newspapers and periodicals. It publishes global, national and local news, covering politics, business, entertainment, sports and other topics of general interest. The company publishes Hindustan, a Hindi Daily, and Hindi magazines Nandan, Kadambini, and Hum Tum, among others. The group sells its products mostly within India.
69GF Score

Get the complete analysis for NSE:HMVL

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

₹88.90
Price
₹93.36
GF Value