Swiss Military Consumer Goods (NSE:SWISSMLTRY) Return-on-Tangible-Asset: 3.03% (As of Mar. 2026) — 23% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:SWISSMLTRY Swiss Military Consumer Goods Ltd NSE:SWISSMLTRY
59 GF Score
Price ₹17.48
GF Value ₹32.01
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Swiss Military Consumer Goods Return-on-Tangible-Asset?

Swiss Military Consumer Goods NSE:SWISSMLTRY +6.33% 59 Return-on-Tangible-Asset is 3.03% as of Mar. 2026, which is 23% above its 10-year median of 2.47. GuruFocus rates NSE:SWISSMLTRY with a GF Score™ of 59/100 and a GF Value™ of ₹32.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Swiss Military Consumer Goods ranks better than 66.85% 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. Swiss Military Consumer Goods's annualized Net Income for the quarter that ended in Mar. 2026 was ₹55 Mil. Swiss Military Consumer Goods's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,812 Mil. Therefore, Swiss Military Consumer Goods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.03%.

The historical rank and industry rank for Swiss Military Consumer Goods's Return-on-Tangible-Asset or its related term are showing as below:

NSE:SWISSMLTRY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.07   Med: 2.47   Max: 17.82
Current: 4.33

During the past 13 years, Swiss Military Consumer Goods's highest Return-on-Tangible-Asset was 17.82%. The lowest was -32.07%. And the median was 2.47%.

NSE:SWISSMLTRY's Return-on-Tangible-Asset is ranked better than
66.85% of 1065 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.32 vs NSE:SWISSMLTRY: 4.33

Swiss Military Consumer Goods  (NSE:SWISSMLTRY) 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.


Swiss Military Consumer Goods Return-on-Tangible-Asset Related Terms


Swiss Military Consumer Goods Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Swiss Military Consumer Goods'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.

Swiss Military Consumer Goods Return-on-Tangible-Asset Chart

Swiss Military Consumer Goods 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 17.82 12.19 10.06 6.81 4.35

Swiss Military Consumer Goods 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 6.91 4.65 5.12 4.52 3.03

NSE:SWISSMLTRY vs : Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Swiss Military Consumer Goods'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.


Swiss Military Consumer Goods Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swiss Military Consumer Goods's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Swiss Military Consumer Goods's Return-on-Tangible-Asset falls into.


NSE:SWISSMLTRY
59GF Score
Swiss Military Consumer Goods Ltd NSE:SWISSMLTRY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swiss Military Consumer Goods Return-on-Tangible-Asset Calculation

Swiss Military Consumer Goods'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 )
=75.596/( (1662.503+1811.707)/ 2 )
=75.596/1737.105
=4.35 %

Swiss Military Consumer Goods'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 )
=54.976/( (0+1811.707)/ 1 )
=54.976/1811.707
=3.03 %

* 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 3.03% mean?
Swiss Military Consumer Goods (NSE:SWISSMLTRY) has a Return-on-Tangible-Asset of 3.03% 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 Swiss Military Consumer Goods and its competitors. This is 23% above median its historical median of 2.47. According to the industry distribution chart, Swiss Military Consumer Goods ranks #353 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.1%.
Is Swiss Military Consumer Goods' Return-on-Tangible-Asset too high?
Swiss Military Consumer Goods' current Return-on-Tangible-Asset of 3.03% is 23% above median its 10-year median of 2.47. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.32. Swiss Military Consumer Goods' value of 3.03% is 30.6% above this industry median. Based on the distribution chart, Swiss Military Consumer Goods ranks #353 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Swiss Military Consumer Goods has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swiss Military Consumer Goods' Return-on-Tangible-Asset compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Swiss Military Consumer Goods ranks #353 out of 1065 companies for Return-on-Tangible-Asset. This puts Swiss Military Consumer Goods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.32. Swiss Military Consumer Goods' value of 3.03% is 30.6% above this benchmark. While the company's 10-year median is 2.47 vs. the industry median of 2.32, Swiss Military Consumer Goods 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.32, based on 1,065 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. Swiss Military Consumer Goods's current Return-on-Tangible-Asset of 3.03% is 30.6% 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 Swiss Military Consumer Goods and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Military Consumer Goods's current Return-on-Tangible-Asset is 3.03%, which is 23% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Military Consumer Goods stock overvalued right now?
Based on GuruFocus' analysis, Swiss Military Consumer Goods (NSE:SWISSMLTRY) is currently considered Possible Value Trap. The stock's GF Value™ is ₹32.01, compared to a current price of ₹17.48 — trading 45.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.03%, which is 23% above median its 10-year median of 2.47 and 30.6% above the Manufacturing - Apparel & Accessories industry median of 2.32. Swiss Military Consumer Goods' overall GF Score™ is 59/100 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 Swiss Military Consumer Goods (NSE:SWISSMLTRY), the current Return-on-Tangible-Asset is 3.03% 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 Swiss Military Consumer Goods (NSE:SWISSMLTRY) Overvalued in 2026?

Based on GuruFocus' analysis, Swiss Military Consumer Goods stock appears to be undervalued. The current stock price of ₹17.48 is trading 45.4% below its estimated GF Value™ of ₹32.01. GuruFocus considers Swiss Military Consumer Goods to be Possible Value Trap.

Key valuation signals for NSE:SWISSMLTRY:

  • Return-on-Tangible-Asset: 3.03% (23% above median its 10-year median of 2.47)
  • GF Value™: ₹32.01 vs. price of ₹17.48 (45.4% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 30.6% above the Manufacturing - Apparel & Accessories median (#353 of 1065)

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


Swiss Military Consumer Goods Business Description

Comparable Companies
Other Exchanges 523558:India
Address W-39, Okhla Industrial Area, Phase-II, New Delhi, IND, 110020
Swiss Military Consumer Goods Ltd engages in marketing, selling, distribution, and trading of lifestyle products like men's personal range and home appliances range. The company also trade with devices like iron, de-humidifiers, blenders, OTG, electric kettles, ceiling fans. The company's product categories include Men's personal wear, Home appliances, and Travel luggage.
59GF Score

Get the complete analysis for NSE:SWISSMLTRY

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

₹17.48
Price
₹32.01
GF Value