Indo Thai Securities (NSE:INDOTHAI) Return-on-Tangible-Asset: 11.79% (As of Jun. 2026) — 40% Above Median

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NSE:INDOTHAI Indo Thai Securities Ltd NSE:INDOTHAI
73 GF Score
Price ₹37.63
GF Value ₹55.64
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Indo Thai Securities Return-on-Tangible-Asset?

Indo Thai Securities NSE:INDOTHAI -4.99% 73 Return-on-Tangible-Asset is 11.79% as of Jun. 2026, which is 40% above its 10-year median of 8.43. GuruFocus rates NSE:INDOTHAI with a GF Score™ of 73/100 and a GF Value™ of ₹55.64 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 812 Capital Markets companies, Indo Thai Securities ranks better than 93.84% 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. Indo Thai Securities's annualized Net Income for the quarter that ended in Jun. 2026 was ₹441.0 Mil. Indo Thai Securities's average total tangible assets for the quarter that ended in Jun. 2026 was ₹3,740.8 Mil. Therefore, Indo Thai Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.79%.

The historical rank and industry rank for Indo Thai Securities's Return-on-Tangible-Asset or its related term are showing as below:

NSE:INDOTHAI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.17   Med: 8.43   Max: 23.23
Current: 23.23

During the past 13 years, Indo Thai Securities's highest Return-on-Tangible-Asset was 23.23%. The lowest was -14.17%. And the median was 8.43%.

NSE:INDOTHAI's Return-on-Tangible-Asset is ranked better than
93.84% of 812 companies
in the Capital Markets industry
Industry Median: 1.585 vs NSE:INDOTHAI: 23.23

Indo Thai Securities  (NSE:INDOTHAI) 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.


Indo Thai Securities Return-on-Tangible-Asset Related Terms


Indo Thai Securities Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Indo Thai Securities'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.

Indo Thai Securities Return-on-Tangible-Asset Chart

Indo Thai Securities 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 10.60 -6.01 13.98 4.72 22.05

Indo Thai Securities 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 15.05 20.27 23.92 27.99 11.79

NSE:INDOTHAI vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, Indo Thai Securities'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.


Indo Thai Securities Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indo Thai Securities's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Indo Thai Securities's Return-on-Tangible-Asset falls into.


NSE:INDOTHAI
73GF Score
Indo Thai Securities Ltd NSE:INDOTHAI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Thai Securities Return-on-Tangible-Asset Calculation

Indo Thai Securities'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 )
=663.649/( (2278.4+3740.779)/ 2 )
=663.649/3009.5895
=22.05 %

Indo Thai Securities'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 )
=441.044/( (3740.779+0)/ 1 )
=441.044/3740.779
=11.79 %

* 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 11.79% mean?
Indo Thai Securities (NSE:INDOTHAI) has a Return-on-Tangible-Asset of 11.79% 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 Indo Thai Securities and its competitors. This is 40% above median its historical median of 8.43. According to the industry distribution chart, Indo Thai Securities ranks #50 out of 812 companies in the Capital Markets industry, placing it in the top 6.2%.
Is Indo Thai Securities' Return-on-Tangible-Asset too high?
Indo Thai Securities' current Return-on-Tangible-Asset of 11.79% is 40% above median its 10-year median of 8.43. The Capital Markets industry median Return-on-Tangible-Asset is 1.59. Indo Thai Securities' value of 11.79% is 643.8% above this industry median. Based on the distribution chart, Indo Thai Securities ranks #50 out of 812 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Thai Securities has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indo Thai Securities' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Indo Thai Securities ranks #50 out of 812 companies for Return-on-Tangible-Asset. This places Indo Thai Securities in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.59. Indo Thai Securities' value of 11.79% is 643.8% above this benchmark. While the company's 10-year median is 8.43 vs. the industry median of 1.59, Indo Thai Securities 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.59, based on 812 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. Indo Thai Securities's current Return-on-Tangible-Asset of 11.79% is 643.8% 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 Indo Thai Securities and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Thai Securities's current Return-on-Tangible-Asset is 11.79%, which is 40% above median its own 10-year median of 8.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Thai Securities stock overvalued right now?
Based on GuruFocus' analysis, Indo Thai Securities (NSE:INDOTHAI) is currently considered Possible Value Trap. The stock's GF Value™ is ₹55.64, compared to a current price of ₹37.63 — trading 32.4% below its estimated fair value. The current Return-on-Tangible-Asset is 11.79%, which is 40% above median its 10-year median of 8.43 and 643.8% above the Capital Markets industry median of 1.59. Indo Thai Securities' overall GF Score™ is 73/100 with 3 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 Indo Thai Securities (NSE:INDOTHAI), the current Return-on-Tangible-Asset is 11.79% 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 Indo Thai Securities (NSE:INDOTHAI) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Thai Securities stock appears to be undervalued. The current stock price of ₹37.63 is trading 32.4% below its estimated GF Value™ of ₹55.64. GuruFocus considers Indo Thai Securities to be Possible Value Trap.

Key valuation signals for NSE:INDOTHAI:

  • Return-on-Tangible-Asset: 11.79% (40% above median its 10-year median of 8.43)
  • GF Value™: ₹55.64 vs. price of ₹37.63 (32.4% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 643.8% above the Capital Markets median (#50 of 812)

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


Indo Thai Securities Business Description

Other Exchanges 533676:India
Address Scheme No. 54, Plot Nos. 169A-171, PU-4, 2nd Floor, Capital Tower, Behind C-21 Mall, Indore, MP, IND, 452010
Indo Thai Securities Ltd carries on the business as a stock and share broker. The company's operating segments include Broking, Commission & related activities, Real Estate business, and Environmental Technology. It generates maximum revenue from the Broking, Commission & related activities segment, which is engaged in broking and other related activities, Investment & trading of shares, Distribution of third-party products like Mutual Fund, Life Insurance, etc., and sales credit for referred business and interest earned on its funds used in brokerage business.
73GF Score

Get the complete analysis for NSE:INDOTHAI

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

₹37.63
Price
₹55.64
GF Value