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Spandana Sphoorty FinancialNSE:SPANDANA -10.52%64 Return-on-Tangible-Asset is 0.76% as of Jun. 2026, which is 76% below its 10-year median of 3.21. GuruFocus rates NSE:SPANDANA with a GF Score™ of 64/100 and a GF Value™ of ₹197.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 547 Credit Services companies, Spandana Sphoorty Financial ranks worse than 85.92% on this metric.
The historical rank and industry rank for Spandana Sphoorty Financial's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SPANDANA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.51 Med: 3.21 Max: 22.04
Current: -4.82
During the past 12 years, Spandana Sphoorty Financial's highest Return-on-Tangible-Asset was 22.04%. The lowest was -9.51%. And the median was 3.21%.
NSE:SPANDANA's Return-on-Tangible-Asset is ranked worse than 85.92% of 547
companies
in the Credit Services industry
Industry Median: 1.94
vs NSE:SPANDANA: -4.82
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.
Spandana Sphoorty Financial Return-on-Tangible-Asset Related Terms
Spandana Sphoorty Financial 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.
NSE:SPANDANA vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Spandana Sphoorty Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Spandana Sphoorty Financial'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 0.76% mean?
Spandana Sphoorty Financial (NSE:SPANDANA) has a Return-on-Tangible-Asset of 0.76% 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 Spandana Sphoorty Financial and its competitors. This is 76% below median its historical median of 3.21. According to the industry distribution chart, Spandana Sphoorty Financial ranks #470 out of 547 companies in the Credit Services industry, placing it in the top 85.9%.
Is Spandana Sphoorty Financial's Return-on-Tangible-Asset too high?
Spandana Sphoorty Financial's current Return-on-Tangible-Asset of 0.76% is 76% below median its 10-year median of 3.21. The Credit Services industry median Return-on-Tangible-Asset is 1.94. Spandana Sphoorty Financial's value of 0.76% is 60.8% below this industry median. Based on the distribution chart, Spandana Sphoorty Financial ranks #470 out of 547 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Spandana Sphoorty Financial has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spandana Sphoorty Financial's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Spandana Sphoorty Financial ranks #470 out of 547 companies for Return-on-Tangible-Asset. This places Spandana Sphoorty Financial in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.94. Spandana Sphoorty Financial's value of 0.76% is 60.8% below this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 1.94, Spandana Sphoorty Financial 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.94, based on 547 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. Spandana Sphoorty Financial's current Return-on-Tangible-Asset of 0.76% is 60.8% 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 Spandana Sphoorty Financial and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spandana Sphoorty Financial's current Return-on-Tangible-Asset is 0.76%, which is 76% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spandana Sphoorty Financial stock overvalued right now?
Based on GuruFocus' analysis, Spandana Sphoorty Financial (NSE:SPANDANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹197.70, compared to a current price of ₹261.50 — trading 32.3% above its estimated fair value. The current Return-on-Tangible-Asset is 0.76%, which is 76% below median its 10-year median of 3.21 and 60.8% below the Credit Services industry median of 1.94. Spandana Sphoorty Financial's overall GF Score™ is 64/100 with 6 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 Spandana Sphoorty Financial (NSE:SPANDANA), the current Return-on-Tangible-Asset is 0.76% 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 Spandana Sphoorty Financial (NSE:SPANDANA) Overvalued in 2026?
Based on GuruFocus' analysis, Spandana Sphoorty Financial stock appears to be overvalued.
The current stock price of ₹261.50 is trading 32.3% above its estimated GF Value™ of ₹197.70.
GuruFocus considers Spandana Sphoorty Financial to be Significantly Overvalued.
Key valuation signals for NSE:SPANDANA:
Return-on-Tangible-Asset: 0.76% (76% below median its 10-year median of 3.21)
GF Value™: ₹197.70 vs. price of ₹261.50 (32.3% above fair value)
Industry Position: 60.8% below the Credit Services median (#470 of 547)
No single metric tells the full story. See the NSE:SPANDANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spandana Sphoorty Financial Ltd is a rural-focused nonbanking financial company (NBFC) and microfinance institution (MFI) with an extensive footprint across India. Its primary objective is to provide incomegenerating loans through the joint liability group (JLG) model, focusing on supporting women from low-income rural and semi-urban households. The group is also expanding to Loan Against Property (LAP) and Nano loans through subsidiary. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.
64GF Score
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