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Holmarc Opto-MechatronicsNSE:HOLMARC -1.83%70 Return-on-Tangible-Asset is 21.82% as of Mar. 2026, which is 80% above its 10-year median of 12.12. GuruFocus rates NSE:HOLMARC with a GF Score™ of 70/100 and a GF Value™ of ₹145.49 (Modestly Undervalued). Among 2,501 Hardware companies, Holmarc Opto-Mechatronics ranks better than 90.4% 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. Holmarc Opto-Mechatronics's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹76.6 Mil. Holmarc Opto-Mechatronics's average total tangible assets for the quarter that ended in Mar. 2026 was ₹350.9 Mil. Therefore, Holmarc Opto-Mechatronics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.82%.
The historical rank and industry rank for Holmarc Opto-Mechatronics's Return-on-Tangible-Asset or its related term are showing as below:
NSE:HOLMARC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.52 Med: 12.12 Max: 22.79
Current: 12
During the past 6 years, Holmarc Opto-Mechatronics's highest Return-on-Tangible-Asset was 22.79%. The lowest was 5.52%. And the median was 12.12%.
NSE:HOLMARC's Return-on-Tangible-Asset is ranked better than 90.4% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs NSE:HOLMARC: 12.00
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.
Holmarc Opto-Mechatronics Return-on-Tangible-Asset Related Terms
Holmarc Opto-Mechatronics Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Holmarc Opto-Mechatronics'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:HOLMARC vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.
Holmarc Opto-Mechatronics Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Holmarc Opto-Mechatronics'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 21.82% mean?
Holmarc Opto-Mechatronics (NSE:HOLMARC) has a Return-on-Tangible-Asset of 21.82% 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 Holmarc Opto-Mechatronics and its competitors. This is 80% above median its historical median of 12.12. Over the past decade, Holmarc Opto-Mechatronics' Return-on-Tangible-Asset has ranged from 5.52 to 22.79. According to the industry distribution chart, Holmarc Opto-Mechatronics ranks #240 out of 2501 companies in the Hardware industry, placing it in the top 9.6%.
Is Holmarc Opto-Mechatronics' Return-on-Tangible-Asset too high?
Holmarc Opto-Mechatronics' current Return-on-Tangible-Asset of 21.82% is 80% above median its 10-year median of 12.12. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 22.79. The Hardware industry median Return-on-Tangible-Asset is 2.48. Holmarc Opto-Mechatronics' value of 21.82% is 779.8% above this industry median. Based on the distribution chart, Holmarc Opto-Mechatronics ranks #240 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Holmarc Opto-Mechatronics has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holmarc Opto-Mechatronics' Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Holmarc Opto-Mechatronics ranks #240 out of 2501 companies for Return-on-Tangible-Asset. This places Holmarc Opto-Mechatronics in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.48. Holmarc Opto-Mechatronics' value of 21.82% is 779.8% above this benchmark. Historically, Holmarc Opto-Mechatronics' own Return-on-Tangible-Asset has ranged from 5.52 to 22.79 over the past decade. While the company's 10-year median is 12.12 vs. the industry median of 2.48, Holmarc Opto-Mechatronics 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Holmarc Opto-Mechatronics's current Return-on-Tangible-Asset of 21.82% is 779.8% 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 Holmarc Opto-Mechatronics and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holmarc Opto-Mechatronics's current Return-on-Tangible-Asset is 21.82%, which is 80% above median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holmarc Opto-Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics (NSE:HOLMARC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹145.49, compared to a current price of ₹107.00 — trading 26.5% below its estimated fair value. The current Return-on-Tangible-Asset is 21.82%, which is 80% above median its 10-year median of 12.12 and 779.8% above the Hardware industry median of 2.48. Holmarc Opto-Mechatronics' overall GF Score™ is 70/100. 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 Holmarc Opto-Mechatronics (NSE:HOLMARC), the current Return-on-Tangible-Asset is 21.82% 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 Holmarc Opto-Mechatronics (NSE:HOLMARC) Overvalued in 2026?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics stock appears to be undervalued.
The current stock price of ₹107.00 is trading 26.5% below its estimated GF Value™ of ₹145.49.
GuruFocus considers Holmarc Opto-Mechatronics to be Modestly Undervalued.
Key valuation signals for NSE:HOLMARC:
Return-on-Tangible-Asset: 21.82% (80% above median its 10-year median of 12.12)
GF Value™: ₹145.49 vs. price of ₹107.00 (26.5% below fair value)
Industry Position: 779.8% above the Hardware median (#240 of 2501)
No single metric tells the full story. See the NSE:HOLMARC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry, and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.
70GF Score
Get the complete analysis for NSE:HOLMARC
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