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Renaissance GlobalNSE:RGL +4.13%55 Return-on-Tangible-Asset is 1.33% as of Mar. 2026, which is 69% below its 10-year median of 4.28. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Renaissance Global ranks worse than 50.4% 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. Renaissance Global's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹307 Mil. Renaissance Global's average total tangible assets for the quarter that ended in Mar. 2026 was ₹23,041 Mil. Therefore, Renaissance Global's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for Renaissance Global's Return-on-Tangible-Asset or its related term are showing as below:
NSE:RGL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.56 Med: 4.28 Max: 5.88
Current: 2.84
During the past 13 years, Renaissance Global's highest Return-on-Tangible-Asset was 5.88%. The lowest was 0.56%. And the median was 4.28%.
NSE:RGL's Return-on-Tangible-Asset is ranked worse than 50.4% of 1137
companies
in the Retail - Cyclical industry
Industry Median: 2.91
vs NSE:RGL: 2.84
Renaissance Global (NSE:RGL) 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.
Renaissance Global Return-on-Tangible-Asset Related Terms
Renaissance Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Renaissance Global'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:RGL vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Renaissance Global'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.
Renaissance Global Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Renaissance Global'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.33% mean?
Renaissance Global (NSE:RGL) has a Return-on-Tangible-Asset of 1.33% 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 Renaissance Global and its competitors. This is 69% below median its historical median of 4.28. Over the past decade, Renaissance Global's Return-on-Tangible-Asset has ranged from 0.56 to 5.88. According to the industry distribution chart, Renaissance Global ranks #573 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 50.4%.
Is Renaissance Global's Return-on-Tangible-Asset too high?
Renaissance Global's current Return-on-Tangible-Asset of 1.33% is 69% below median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 5.88. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.91. Renaissance Global's value of 1.33% is 54.3% below this industry median. Based on the distribution chart, Renaissance Global ranks #573 out of 1137 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #573 out of 1137 companies for Return-on-Tangible-Asset. This places Renaissance Global in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.91. Renaissance Global's value of 1.33% is 54.3% below this benchmark. Historically, Renaissance Global's own Return-on-Tangible-Asset has ranged from 0.56 to 5.88 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 2.91, Renaissance Global 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.91, based on 1,137 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. Renaissance Global's current Return-on-Tangible-Asset of 1.33% is 54.3% 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Return-on-Tangible-Asset is 1.33%, which is 69% below median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current Return-on-Tangible-Asset is 1.33%, which is 69% below median its 10-year median of 4.28 and 54.3% below the Retail - Cyclical industry median of 2.91. Renaissance Global's overall GF Score™ is 55/100 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 Renaissance Global (NSE:RGL), the current Return-on-Tangible-Asset is 1.33% 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.
Is Renaissance Global (NSE:RGL) Overvalued in 2026?
Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued.
The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08.
GuruFocus considers Renaissance Global to be Significantly Overvalued.
Key valuation signals for NSE:RGL:
Return-on-Tangible-Asset: 1.33% (69% below median its 10-year median of 4.28)
GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
Industry Position: 54.3% below the Retail - Cyclical median (#573 of 1137)
No single metric tells the full story. See the NSE:RGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score
Get the complete analysis for NSE:RGL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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