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The historical rank and industry rank for Nippon Life India Asset Management's Return-on-Tangible-Asset or its related term are showing as below:
NSE:NAM-INDIA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.29 Med: 21.48 Max: 35.01
Current: 35.01
During the past 13 years, Nippon Life India Asset Management's highest Return-on-Tangible-Asset was 35.01%. The lowest was 16.29%. And the median was 21.48%.
NSE:NAM-INDIA's Return-on-Tangible-Asset is ranked better than 95.53% of 1632
companies
in the Asset Management industry
Industry Median: 4.71
vs NSE:NAM-INDIA: 35.01
Nippon Life India Asset Management (NSE:NAM-INDIA) 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.
Nippon Life India Asset Management Return-on-Tangible-Asset Related Terms
Nippon Life India Asset Management Return-on-Tangible-Asset Historical Data
* 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.
Nippon Life India Asset Management Return-on-Tangible-Asset Chart
NSE:NAM-INDIA vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Nippon Life India Asset Management'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.
Nippon Life India Asset Management Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nippon Life India Asset Management's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Life India Asset Management'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 40.70% mean?
Nippon Life India Asset Management (NSE:NAM-INDIA) has a Return-on-Tangible-Asset of 40.70% 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 Nippon Life India Asset Management and its competitors. This is 89% above median its historical median of 21.48. Over the past decade, Nippon Life India Asset Management's Return-on-Tangible-Asset has ranged from 16.29 to 35.01. According to the industry distribution chart, Nippon Life India Asset Management ranks #73 out of 1632 companies in the Asset Management industry, placing it in the top 4.5%.
Is Nippon Life India Asset Management's Return-on-Tangible-Asset too high?
Nippon Life India Asset Management's current Return-on-Tangible-Asset of 40.70% is 89% above median its 10-year median of 21.48. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 35.01. The Asset Management industry median Return-on-Tangible-Asset is 4.71. Nippon Life India Asset Management's value of 40.70% is 764.1% above this industry median. Based on the distribution chart, Nippon Life India Asset Management ranks #73 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Life India Asset Management has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Life India Asset Management's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Nippon Life India Asset Management ranks #73 out of 1632 companies for Return-on-Tangible-Asset. This places Nippon Life India Asset Management in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.71. Nippon Life India Asset Management's value of 40.70% is 764.1% above this benchmark. Historically, Nippon Life India Asset Management's own Return-on-Tangible-Asset has ranged from 16.29 to 35.01 over the past decade. While the company's 10-year median is 21.48 vs. the industry median of 4.71, Nippon Life India Asset Management 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.71, based on 1,632 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. Nippon Life India Asset Management's current Return-on-Tangible-Asset of 40.70% is 764.1% 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 Nippon Life India Asset Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Life India Asset Management's current Return-on-Tangible-Asset is 40.70%, which is 89% above median its own 10-year median of 21.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Life India Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Nippon Life India Asset Management (NSE:NAM-INDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,045.84, compared to a current price of ₹1,224.40 — trading 17.1% above its estimated fair value. The current Return-on-Tangible-Asset is 40.70%, which is 89% above median its 10-year median of 21.48 and 764.1% above the Asset Management industry median of 4.71. Nippon Life India Asset Management's overall GF Score™ is 91/100 with 7 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 Nippon Life India Asset Management (NSE:NAM-INDIA), the current Return-on-Tangible-Asset is 40.70% 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 Nippon Life India Asset Management (NSE:NAM-INDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Life India Asset Management stock appears to be overvalued.
The current stock price of ₹1,224.40 is trading 17.1% above its estimated GF Value™ of ₹1,045.84.
GuruFocus considers Nippon Life India Asset Management to be Modestly Overvalued.
Key valuation signals for NSE:NAM-INDIA:
Return-on-Tangible-Asset: 40.70% (89% above median its 10-year median of 21.48)
GF Value™: ₹1,045.84 vs. price of ₹1,224.40 (17.1% above fair value)
Industry Position: 764.1% above the Asset Management median (#73 of 1632)
No single metric tells the full story. See the NSE:NAM-INDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Life India Asset Management Ltd principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is in the business of providing asset management services to the schemes of Nippon India Mutual Fund, funds launched in GIFT city, portfolio management service, and advisory service to the clients/schemes. The primary segment is identified as asset management services. The company's products are Equity Funds, Debt Funds, Index Funds, Hybrid Funds, Gold Funds, Liquid Funds, Retirement Funds, ETF, NFO/FFO, etc.
91GF Score
Get the complete analysis for NSE:NAM-INDIA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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