Motilal Oswal Financial Services (NSE:MOTILALOFS) Return-on-Tangible-Asset: 11.73% (As of Jun. 2026) — 103% Above Median

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NSE:MOTILALOFS Motilal Oswal Financial Services Ltd NSE:MOTILALOFS
93 GF Score
Price ₹871.95
GF Value ₹1,058.92
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Motilal Oswal Financial Services Return-on-Tangible-Asset?

Motilal Oswal Financial Services NSE:MOTILALOFS -7.26% 93 Return-on-Tangible-Asset is 11.73% as of Jun. 2026, which is 103% above its 10-year median of 5.78. GuruFocus rates NSE:MOTILALOFS with a GF Score™ of 93/100 and a GF Value™ of ₹1,058.92 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 816 Capital Markets companies, Motilal Oswal Financial Services ranks better than 74.51% 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. Motilal Oswal Financial Services's annualized Net Income for the quarter that ended in Jun. 2026 was ₹50,924 Mil. Motilal Oswal Financial Services's average total tangible assets for the quarter that ended in Jun. 2026 was ₹434,293 Mil. Therefore, Motilal Oswal Financial Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.73%.

The historical rank and industry rank for Motilal Oswal Financial Services's Return-on-Tangible-Asset or its related term are showing as below:

NSE:MOTILALOFS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.78   Med: 5.78   Max: 10.43
Current: 5.26

During the past 13 years, Motilal Oswal Financial Services's highest Return-on-Tangible-Asset was 10.43%. The lowest was 1.78%. And the median was 5.78%.

NSE:MOTILALOFS's Return-on-Tangible-Asset is ranked better than
74.51% of 816 companies
in the Capital Markets industry
Industry Median: 1.545 vs NSE:MOTILALOFS: 5.26

Motilal Oswal Financial Services  (NSE:MOTILALOFS) 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.


Motilal Oswal Financial Services Return-on-Tangible-Asset Related Terms


Motilal Oswal Financial Services Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Motilal Oswal Financial Services'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.

Motilal Oswal Financial Services Return-on-Tangible-Asset Chart

Motilal Oswal Financial Services 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 8.46 4.67 8.91 7.61 4.83

Motilal Oswal Financial Services 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 13.69 4.07 6.36 -2.04 11.73

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

For the Capital Markets subindustry, Motilal Oswal Financial Services'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.


Motilal Oswal Financial Services Return-on-Tangible-Asset vs Capital Markets Industry

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

* The bar in red indicates where Motilal Oswal Financial Services's Return-on-Tangible-Asset falls into.


NSE:MOTILALOFS
93GF Score
Motilal Oswal Financial Services Ltd NSE:MOTILALOFS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Motilal Oswal Financial Services Return-on-Tangible-Asset Calculation

Motilal Oswal Financial Services'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 )
=18693.1/( (339500+434292.8)/ 2 )
=18693.1/386896.4
=4.83 %

Motilal Oswal Financial Services'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 )
=50924.4/( (434292.8+0)/ 1 )
=50924.4/434292.8
=11.73 %

* 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 11.73% mean?
Motilal Oswal Financial Services (NSE:MOTILALOFS) has a Return-on-Tangible-Asset of 11.73% 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 Motilal Oswal Financial Services and its competitors. This is 103% above median its historical median of 5.78. Over the past decade, Motilal Oswal Financial Services' Return-on-Tangible-Asset has ranged from 1.78 to 10.43. According to the industry distribution chart, Motilal Oswal Financial Services ranks #208 out of 816 companies in the Capital Markets industry, placing it in the top 25.5%.
Is Motilal Oswal Financial Services' Return-on-Tangible-Asset too high?
Motilal Oswal Financial Services' current Return-on-Tangible-Asset of 11.73% is 103% above median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 10.43. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Motilal Oswal Financial Services' value of 11.73% is 659.2% above this industry median. Based on the distribution chart, Motilal Oswal Financial Services ranks #208 out of 816 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Motilal Oswal Financial Services has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Motilal Oswal Financial Services' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Motilal Oswal Financial Services ranks #208 out of 816 companies for Return-on-Tangible-Asset. This puts Motilal Oswal Financial Services in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.55. Motilal Oswal Financial Services' value of 11.73% is 659.2% above this benchmark. Historically, Motilal Oswal Financial Services' own Return-on-Tangible-Asset has ranged from 1.78 to 10.43 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 1.55, Motilal Oswal Financial Services 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 1.55, based on 816 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. Motilal Oswal Financial Services's current Return-on-Tangible-Asset of 11.73% is 659.2% 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 Motilal Oswal Financial Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Motilal Oswal Financial Services's current Return-on-Tangible-Asset is 11.73%, which is 103% above median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motilal Oswal Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Motilal Oswal Financial Services (NSE:MOTILALOFS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,058.92, compared to a current price of ₹871.95 — trading 17.7% below its estimated fair value. The current Return-on-Tangible-Asset is 11.73%, which is 103% above median its 10-year median of 5.78 and 659.2% above the Capital Markets industry median of 1.55. Motilal Oswal Financial Services' overall GF Score™ is 93/100 with 5 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 Motilal Oswal Financial Services (NSE:MOTILALOFS), the current Return-on-Tangible-Asset is 11.73% 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 Motilal Oswal Financial Services (NSE:MOTILALOFS) Overvalued in 2026?

Based on GuruFocus' analysis, Motilal Oswal Financial Services stock appears to be undervalued. The current stock price of ₹871.95 is trading 17.7% below its estimated GF Value™ of ₹1,058.92. GuruFocus considers Motilal Oswal Financial Services to be Modestly Undervalued.

Key valuation signals for NSE:MOTILALOFS:

  • Return-on-Tangible-Asset: 11.73% (103% above median its 10-year median of 5.78)
  • GF Value™: ₹1,058.92 vs. price of ₹871.95 (17.7% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 659.2% above the Capital Markets median (#208 of 816)

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


Motilal Oswal Financial Services Business Description

Other Exchanges 532892:India
Address Rahimtullah Sayani Road, Motilal Oswal Tower, Opposite Parel ST Depot, Prabhadevi, Mumbai, MH, IND, 400025
Motilal Oswal Financial Services Ltd provides a range of financial services, including private wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, and home finance. The group majorly generates revenue through its broking operations. Its broking and distribution segment offers research-based advisory services to help retail customers across India make investment decisions. The services cover various asset classes and investment types, such as mutual funds and insurance products.
93GF Score

Get the complete analysis for NSE:MOTILALOFS

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

₹871.95
Price
₹1,058.92
GF Value