Sun Pharma Advanced Research Co (NSE:SPARC) Return-on-Tangible-Asset: 335.57% (As of Mar. 2026)

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NSE:SPARC Sun Pharma Advanced Research Co Ltd NSE:SPARC
49 GF Score
Price ₹227.51
GF Value ₹83.87
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sun Pharma Advanced Research Co Return-on-Tangible-Asset?

Sun Pharma Advanced Research Co NSE:SPARC -3.27% 49 Return-on-Tangible-Asset is 335.57% as of Mar. 2026. GuruFocus rates NSE:SPARC with a GF Score™ of 49/100 and a GF Value™ of ₹83.87 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,007 Drug Manufacturers companies, Sun Pharma Advanced Research Co ranks better than 99.5% 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. Sun Pharma Advanced Research Co's annualized Net Income for the quarter that ended in Mar. 2026 was ₹70,454 Mil. Sun Pharma Advanced Research Co's average total tangible assets for the quarter that ended in Mar. 2026 was ₹20,995 Mil. Therefore, Sun Pharma Advanced Research Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 335.57%.

The historical rank and industry rank for Sun Pharma Advanced Research Co's Return-on-Tangible-Asset or its related term are showing as below:

NSE:SPARC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -97.46   Med: -62.33   Max: 177
Current: 177

During the past 13 years, Sun Pharma Advanced Research Co's highest Return-on-Tangible-Asset was 177.00%. The lowest was -97.46%. And the median was -62.33%.

NSE:SPARC's Return-on-Tangible-Asset is ranked better than
99.5% of 1007 companies
in the Drug Manufacturers industry
Industry Median: 3.16 vs NSE:SPARC: 177.00

Sun Pharma Advanced Research Co  (NSE:SPARC) 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 company’s 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 company’s 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.


Sun Pharma Advanced Research Co Return-on-Tangible-Asset Related Terms


Sun Pharma Advanced Research Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sun Pharma Advanced Research Co'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.

Sun Pharma Advanced Research Co Return-on-Tangible-Asset Chart

Sun Pharma Advanced Research Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.71 -41.93 -60.64 -90.83 130.44

Sun Pharma Advanced Research Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.82 -73.61 -120.84 -128.12 335.57

NSE:SPARC vs ZTS, UTHR: Return-on-Tangible-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Sun Pharma Advanced Research Co'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.


Sun Pharma Advanced Research Co Return-on-Tangible-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sun Pharma Advanced Research Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sun Pharma Advanced Research Co's Return-on-Tangible-Asset falls into.


NSE:SPARC
49GF Score
Sun Pharma Advanced Research Co Ltd NSE:SPARC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Pharma Advanced Research Co Return-on-Tangible-Asset Calculation

Sun Pharma Advanced Research Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=15532.043/( (2818.809+20995.269)/ 2 )
=15532.043/11907.039
=130.44 %

Sun Pharma Advanced Research Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=70453.6/( (0+20995.269)/ 1 )
=70453.6/20995.269
=335.57 %

* 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 335.57% mean?
Sun Pharma Advanced Research Co (NSE:SPARC) has a Return-on-Tangible-Asset of 335.57% 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 Sun Pharma Advanced Research Co and its competitors. According to the industry distribution chart, Sun Pharma Advanced Research Co ranks #5 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 0.5%.
Is Sun Pharma Advanced Research Co's Return-on-Tangible-Asset too high?
Sun Pharma Advanced Research Co's current Return-on-Tangible-Asset is 335.57%. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.16. Sun Pharma Advanced Research Co's value of 335.57% is 10519.3% above this industry median. Based on the distribution chart, Sun Pharma Advanced Research Co ranks #5 out of 1007 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Sun Pharma Advanced Research Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Pharma Advanced Research Co's Return-on-Tangible-Asset compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Sun Pharma Advanced Research Co ranks #5 out of 1007 companies for Return-on-Tangible-Asset. This places Sun Pharma Advanced Research Co in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.16. Sun Pharma Advanced Research Co's value of 335.57% is 10519.3% above this benchmark. 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.16, based on 1,007 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. Sun Pharma Advanced Research Co's current Return-on-Tangible-Asset of 335.57% is 10519.3% 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 Sun Pharma Advanced Research Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Pharma Advanced Research Co's current Return-on-Tangible-Asset is 335.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Pharma Advanced Research Co stock overvalued right now?
Based on GuruFocus' analysis, Sun Pharma Advanced Research Co (NSE:SPARC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹83.87, compared to a current price of ₹227.51 — trading 171.3% above its estimated fair value. The current Return-on-Tangible-Asset is 335.57% and 10519.3% above the Drug Manufacturers industry median of 3.16. Sun Pharma Advanced Research Co's overall GF Score™ is 49/100 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 Sun Pharma Advanced Research Co (NSE:SPARC), the current Return-on-Tangible-Asset is 335.57% 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 Sun Pharma Advanced Research Co (NSE:SPARC) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Pharma Advanced Research Co stock appears to be overvalued. The current stock price of ₹227.51 is trading 171.3% above its estimated GF Value™ of ₹83.87. GuruFocus considers Sun Pharma Advanced Research Co to be Significantly Overvalued.

Key valuation signals for NSE:SPARC:

  • Return-on-Tangible-Asset: 335.57%
  • GF Value™: ₹83.87 vs. price of ₹227.51 (171.3% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 10519.3% above the Drug Manufacturers median (#5 of 1007)

No single metric tells the full story. See the NSE:SPARC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Pharma Advanced Research Co Business Description

Other Exchanges 532872:India
Address Off Mahakali Caves Road, 17-B, Mahal Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093
Sun Pharma Advanced Research Co Ltd is an Indian specialty and generic drug manufacturing company. The company has identified pharmaceuticals research and development as its only reportable segment. The company is focused on drug discovery in focused therapy areas such as cancer and anti-inflammatory treatments. The company considers merger and acquisition investment as a potential component of its operational growth plan for expanding its research, development, manufacturing, and marketing capabilities. It derives maximum revenue from India and also has its presence in other countries.
49GF Score

Get the complete analysis for NSE:SPARC

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹227.51
Price
₹83.87
GF Value