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Phoenix OverseasNSE:PHOGLOBAL -3.35%40 Return-on-Tangible-Asset is 6.64% as of Mar. 2026, which is 105% above its 10-year median of 3.24. GuruFocus rates NSE:PHOGLOBAL with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 159 Industrial Distribution companies, Phoenix Overseas ranks worse than 61.64% 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. Phoenix Overseas's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹93 Mil. Phoenix Overseas's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,396 Mil. Therefore, Phoenix Overseas's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.64%.
The historical rank and industry rank for Phoenix Overseas's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PHOGLOBAL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.4 Med: 3.24 Max: 3.93
Current: 2.46
During the past 6 years, Phoenix Overseas's highest Return-on-Tangible-Asset was 3.93%. The lowest was 2.40%. And the median was 3.24%.
NSE:PHOGLOBAL's Return-on-Tangible-Asset is ranked worse than 61.64% of 159
companies
in the Industrial Distribution industry
Industry Median: 4.21
vs NSE:PHOGLOBAL: 2.46
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.
Phoenix Overseas Return-on-Tangible-Asset Related Terms
Phoenix Overseas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Phoenix Overseas'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.
NSE:PHOGLOBAL vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Phoenix Overseas'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.
Phoenix Overseas Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Phoenix Overseas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Phoenix Overseas'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.64% mean?
Phoenix Overseas (NSE:PHOGLOBAL) has a Return-on-Tangible-Asset of 6.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Phoenix Overseas and its competitors. This is 105% above median its historical median of 3.24. Over the past decade, Phoenix Overseas' Return-on-Tangible-Asset has ranged from 2.40 to 3.93. According to the industry distribution chart, Phoenix Overseas ranks #98 out of 159 companies in the Industrial Distribution industry, placing it in the top 61.6%.
Is Phoenix Overseas' Return-on-Tangible-Asset too high?
Phoenix Overseas' current Return-on-Tangible-Asset of 6.64% is 105% above median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 3.93. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.21. Phoenix Overseas' value of 6.64% is 57.7% above this industry median. Based on the distribution chart, Phoenix Overseas ranks #98 out of 159 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Phoenix Overseas has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Overseas' Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Phoenix Overseas ranks #98 out of 159 companies for Return-on-Tangible-Asset. This places Phoenix Overseas in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.21. Phoenix Overseas' value of 6.64% is 57.7% above this benchmark. Historically, Phoenix Overseas' own Return-on-Tangible-Asset has ranged from 2.40 to 3.93 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 4.21, Phoenix Overseas 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 Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.21, based on 159 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. Phoenix Overseas's current Return-on-Tangible-Asset of 6.64% is 57.7% 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 Phoenix Overseas and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Overseas's current Return-on-Tangible-Asset is 6.64%, which is 105% above median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Overseas stock overvalued right now?
Phoenix Overseas (NSE:PHOGLOBAL) has a current Return-on-Tangible-Asset of 6.64%. The current Return-on-Tangible-Asset is 6.64%, which is 105% above median its 10-year median of 3.24 and 57.7% above the Industrial Distribution industry median of 4.21. Phoenix Overseas' overall GF Score™ is 40/100 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 Phoenix Overseas (NSE:PHOGLOBAL), the current Return-on-Tangible-Asset is 6.64% as of Mar. 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.
Phoenix Overseas Ltd is engaged into trading and marketing of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. It exports are to Bangladesh among other Asian Countries. It is also engaged in manufacturing of bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE and also in Australia. The company include three segments: Fashion Accessories, Merchant Export and Cold storage. Key revenue is generated from Merchant Export.
40GF Score
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