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HOAC Foods IndiaNSE:HOACFOODS -3.01%49 Return-on-Tangible-Asset is 18.19% as of Mar. 2026, which is 39% above its 10-year median of 13.07. GuruFocus rates NSE:HOACFOODS with a GF Score™ of 49/100. The stock has 6 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, HOAC Foods India ranks better than 78.28% 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. HOAC Foods India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹49.1 Mil. HOAC Foods India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹270.1 Mil. Therefore, HOAC Foods India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.19%.
The historical rank and industry rank for HOAC Foods India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:HOACFOODS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.17 Med: 13.07 Max: 20.81
Current: 9.1
During the past 6 years, HOAC Foods India's highest Return-on-Tangible-Asset was 20.81%. The lowest was 6.17%. And the median was 13.07%.
NSE:HOACFOODS's Return-on-Tangible-Asset is ranked better than 78.28% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs NSE:HOACFOODS: 9.10
HOAC Foods India (NSE:HOACFOODS) 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.
HOAC Foods India Return-on-Tangible-Asset Related Terms
HOAC Foods India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HOAC Foods 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.
NSE:HOACFOODS vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, HOAC Foods 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.
HOAC Foods India Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, HOAC Foods India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HOAC Foods 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.19% mean?
HOAC Foods India (NSE:HOACFOODS) has a Return-on-Tangible-Asset of 18.19% 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 HOAC Foods India and its competitors. This is 39% above median its historical median of 13.07. Over the past decade, HOAC Foods India's Return-on-Tangible-Asset has ranged from 6.17 to 20.81. According to the industry distribution chart, HOAC Foods India ranks #433 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 21.7%.
Is HOAC Foods India's Return-on-Tangible-Asset too high?
HOAC Foods India's current Return-on-Tangible-Asset of 18.19% is 39% above median its 10-year median of 13.07. Over the past 10 years, this metric has ranged from a low of 6.17 to a high of 20.81. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. HOAC Foods India's value of 18.19% is 416.8% above this industry median. Based on the distribution chart, HOAC Foods India ranks #433 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, HOAC Foods India has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does HOAC Foods India's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, HOAC Foods India ranks #433 out of 1994 companies for Return-on-Tangible-Asset. This places HOAC Foods India in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.52. HOAC Foods India's value of 18.19% is 416.8% above this benchmark. Historically, HOAC Foods India's own Return-on-Tangible-Asset has ranged from 6.17 to 20.81 over the past decade. While the company's 10-year median is 13.07 vs. the industry median of 3.52, HOAC Foods 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 1,994 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. HOAC Foods India's current Return-on-Tangible-Asset of 18.19% is 416.8% 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 HOAC Foods India and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOAC Foods India's current Return-on-Tangible-Asset is 18.19%, which is 39% above median its own 10-year median of 13.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOAC Foods India stock overvalued right now?
HOAC Foods India (NSE:HOACFOODS) has a current Return-on-Tangible-Asset of 18.19%. The current Return-on-Tangible-Asset is 18.19%, which is 39% above median its 10-year median of 13.07 and 416.8% above the Consumer Packaged Goods industry median of 3.52. HOAC Foods India's overall GF Score™ is 49/100 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 HOAC Foods India (NSE:HOACFOODS), the current Return-on-Tangible-Asset is 18.19% 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.
HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and majority of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.
49GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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