Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Neelam Linens and Garments (India)NSE:NEELAM 10 Return-on-Tangible-Asset is 2.08% as of Mar. 2025, which is 7% below its 10-year median of 2.23. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks worse than 52.07% on this metric.
The historical rank and industry rank for Neelam Linens and Garments (India)'s Return-on-Tangible-Asset or its related term are showing as below:
NSE:NEELAM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.64 Med: 2.23 Max: 4.17
Current: 2.08
During the past 5 years, Neelam Linens and Garments (India)'s highest Return-on-Tangible-Asset was 4.17%. The lowest was 0.64%. And the median was 2.23%.
NSE:NEELAM's Return-on-Tangible-Asset is ranked worse than 52.07% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.405
vs NSE:NEELAM: 2.08
Neelam Linens and Garments (India) (NSE:NEELAM) 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.
Neelam Linens and Garments (India) Return-on-Tangible-Asset Related Terms
Neelam Linens and Garments (India) 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.
Neelam Linens and Garments (India) Return-on-Tangible-Asset Chart
Neelam Linens and Garments (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
0.64
4.17
2.67
2.23
2.08
Neelam Linens and Garments (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
0.64
4.17
2.67
2.23
2.08
NSE:NEELAM vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'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.
Neelam Linens and Garments (India) Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Neelam Linens and Garments (India)'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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.08% mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Return-on-Tangible-Asset of 2.08% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Neelam Linens and Garments (India) and its competitors. This is near median its historical median of 2.23. Over the past decade, Neelam Linens and Garments (India)'s Return-on-Tangible-Asset has ranged from 0.64 to 4.17. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #226 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 52.1%.
Is Neelam Linens and Garments (India)'s Return-on-Tangible-Asset too high?
Neelam Linens and Garments (India)'s current Return-on-Tangible-Asset of 2.08% is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 4.17. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.41. Neelam Linens and Garments (India)'s value of 2.08% is 13.5% below this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #226 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #226 out of 434 companies for Return-on-Tangible-Asset. This places Neelam Linens and Garments (India) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Neelam Linens and Garments (India)'s value of 2.08% is 13.5% below this benchmark. Historically, Neelam Linens and Garments (India)'s own Return-on-Tangible-Asset has ranged from 0.64 to 4.17 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 2.41, Neelam Linens and Garments (India) has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.41, based on 434 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. Neelam Linens and Garments (India)'s current Return-on-Tangible-Asset of 2.08% is 13.5% below 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Return-on-Tangible-Asset is 2.08%, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Return-on-Tangible-Asset of 2.08%. The current Return-on-Tangible-Asset is 2.08%, which is near median its 10-year median of 2.23 and 13.5% below the Furnishings, Fixtures & Appliances industry median of 2.41. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Return-on-Tangible-Asset is 2.08% as of Mar. 2025. 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.
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
10GF Score
Get the complete analysis for NSE:NEELAM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NEELAM has been successfully added to your 
