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Modis NavnirmanNSE:MODIS -1.64%67 Return-on-Tangible-Asset is 11.26% as of Jun. 2026, which is 19% above its 10-year median of 9.50. GuruFocus rates NSE:MODIS with a GF Score™ of 67/100 and a GF Value™ of ₹797.36 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,803 Real Estate companies, Modis Navnirman ranks better than 85.02% 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. Modis Navnirman's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹343 Mil. Modis Navnirman's average total tangible assets for the quarter that ended in Jun. 2026 was ₹3,049 Mil. Therefore, Modis Navnirman's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.26%.
The historical rank and industry rank for Modis Navnirman's Return-on-Tangible-Asset or its related term are showing as below:
NSE:MODIS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.36 Med: 9.5 Max: 14
Current: 12.22
During the past 7 years, Modis Navnirman's highest Return-on-Tangible-Asset was 14.00%. The lowest was 4.36%. And the median was 9.50%.
NSE:MODIS's Return-on-Tangible-Asset is ranked better than 85.02% of 1803
companies
in the Real Estate industry
Industry Median: 1.9
vs NSE:MODIS: 12.22
Modis Navnirman (NSE:MODIS) 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.
Modis Navnirman Return-on-Tangible-Asset Related Terms
Modis Navnirman Return-on-Tangible-Asset Historical Data
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The historical data trend for Modis Navnirman'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.
Modis Navnirman Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Modis Navnirman'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.
Modis Navnirman Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Modis Navnirman's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Modis Navnirman'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.26% mean?
Modis Navnirman (NSE:MODIS) has a Return-on-Tangible-Asset of 11.26% 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 Modis Navnirman and its competitors. This is 19% above median its historical median of 9.50. Over the past decade, Modis Navnirman's Return-on-Tangible-Asset has ranged from 4.36 to 14.00. According to the industry distribution chart, Modis Navnirman ranks #270 out of 1803 companies in the Real Estate industry, placing it in the top 15%.
Is Modis Navnirman's Return-on-Tangible-Asset too high?
Modis Navnirman's current Return-on-Tangible-Asset of 11.26% is 19% above median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 14.00. The Real Estate industry median Return-on-Tangible-Asset is 1.90. Modis Navnirman's value of 11.26% is 492.6% above this industry median. Based on the distribution chart, Modis Navnirman ranks #270 out of 1803 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Modis Navnirman has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Modis Navnirman ranks #270 out of 1803 companies for Return-on-Tangible-Asset. This places Modis Navnirman in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.90. Modis Navnirman's value of 11.26% is 492.6% above this benchmark. Historically, Modis Navnirman's own Return-on-Tangible-Asset has ranged from 4.36 to 14.00 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 1.90, Modis Navnirman 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.90, based on 1,803 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. Modis Navnirman's current Return-on-Tangible-Asset of 11.26% is 492.6% 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 Modis Navnirman and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modis Navnirman's current Return-on-Tangible-Asset is 11.26%, which is 19% above median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹797.36, compared to a current price of ₹408.80 — trading 48.7% below its estimated fair value. The current Return-on-Tangible-Asset is 11.26%, which is 19% above median its 10-year median of 9.50 and 492.6% above the Real Estate industry median of 1.90. Modis Navnirman's overall GF Score™ is 67/100 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 Modis Navnirman (NSE:MODIS), the current Return-on-Tangible-Asset is 11.26% 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 Modis Navnirman (NSE:MODIS) Overvalued in 2026?
Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued.
The current stock price of ₹408.80 is trading 48.7% below its estimated GF Value™ of ₹797.36.
GuruFocus considers Modis Navnirman to be Possible Value Trap.
Key valuation signals for NSE:MODIS:
Return-on-Tangible-Asset: 11.26% (19% above median its 10-year median of 9.50)
GF Value™: ₹797.36 vs. price of ₹408.80 (48.7% below fair value)
Industry Position: 492.6% above the Real Estate median (#270 of 1803)
No single metric tells the full story. See the NSE:MODIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
67GF Score
Get the complete analysis for NSE:MODIS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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