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Tasty Bite EatablesNSE:TASTYBITE +2.83%79 Return-on-Tangible-Asset is 5.10% as of Mar. 2026, which is 48% below its 10-year median of 9.85. GuruFocus rates NSE:TASTYBITE with a GF Score™ of 79/100 and a GF Value™ of ₹11,282.37 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Tasty Bite Eatables ranks better than 71.78% 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. Tasty Bite Eatables's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹240 Mil. Tasty Bite Eatables's average total tangible assets for the quarter that ended in Mar. 2026 was ₹4,715 Mil. Therefore, Tasty Bite Eatables's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.10%.
The historical rank and industry rank for Tasty Bite Eatables's Return-on-Tangible-Asset or its related term are showing as below:
NSE:TASTYBITE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.35 Med: 9.85 Max: 15.59
Current: 7.6
During the past 13 years, Tasty Bite Eatables's highest Return-on-Tangible-Asset was 15.59%. The lowest was 2.35%. And the median was 9.85%.
NSE:TASTYBITE's Return-on-Tangible-Asset is ranked better than 71.78% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 3.41
vs NSE:TASTYBITE: 7.60
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.
Tasty Bite Eatables Return-on-Tangible-Asset Related Terms
Tasty Bite Eatables Return-on-Tangible-Asset Historical Data
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The historical data trend for Tasty Bite Eatables'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:TASTYBITE vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Tasty Bite Eatables'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.
Tasty Bite Eatables Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tasty Bite Eatables's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tasty Bite Eatables'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 5.10% mean?
Tasty Bite Eatables (NSE:TASTYBITE) has a Return-on-Tangible-Asset of 5.10% 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 Tasty Bite Eatables and its competitors. This is 48% below median its historical median of 9.85. Over the past decade, Tasty Bite Eatables' Return-on-Tangible-Asset has ranged from 2.35 to 15.59. According to the industry distribution chart, Tasty Bite Eatables ranks #563 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 28.2%.
Is Tasty Bite Eatables' Return-on-Tangible-Asset too high?
Tasty Bite Eatables' current Return-on-Tangible-Asset of 5.10% is 48% below median its 10-year median of 9.85. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 15.59. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.41. Tasty Bite Eatables' value of 5.10% is 49.6% above this industry median. Based on the distribution chart, Tasty Bite Eatables ranks #563 out of 1995 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tasty Bite Eatables has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tasty Bite Eatables' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tasty Bite Eatables ranks #563 out of 1995 companies for Return-on-Tangible-Asset. This puts Tasty Bite Eatables in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.41. Tasty Bite Eatables' value of 5.10% is 49.6% above this benchmark. Historically, Tasty Bite Eatables' own Return-on-Tangible-Asset has ranged from 2.35 to 15.59 over the past decade. While the company's 10-year median is 9.85 vs. the industry median of 3.41, Tasty Bite Eatables 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.41, based on 1,995 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. Tasty Bite Eatables's current Return-on-Tangible-Asset of 5.10% is 49.6% 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 Tasty Bite Eatables and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tasty Bite Eatables's current Return-on-Tangible-Asset is 5.10%, which is 48% below median its own 10-year median of 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasty Bite Eatables stock overvalued right now?
Based on GuruFocus' analysis, Tasty Bite Eatables (NSE:TASTYBITE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11,282.37, compared to a current price of ₹9,039.00 — trading 19.9% below its estimated fair value. The current Return-on-Tangible-Asset is 5.10%, which is 48% below median its 10-year median of 9.85 and 49.6% above the Consumer Packaged Goods industry median of 3.41. Tasty Bite Eatables' overall GF Score™ is 79/100 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 Tasty Bite Eatables (NSE:TASTYBITE), the current Return-on-Tangible-Asset is 5.10% 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 Tasty Bite Eatables (NSE:TASTYBITE) Overvalued in 2026?
Based on GuruFocus' analysis, Tasty Bite Eatables stock appears to be undervalued.
The current stock price of ₹9,039.00 is trading 19.9% below its estimated GF Value™ of ₹11,282.37.
GuruFocus considers Tasty Bite Eatables to be Modestly Undervalued.
Key valuation signals for NSE:TASTYBITE:
Return-on-Tangible-Asset: 5.10% (48% below median its 10-year median of 9.85)
GF Value™: ₹11,282.37 vs. price of ₹9,039.00 (19.9% below fair value)
Industry Position: 49.6% above the Consumer Packaged Goods median (#563 of 1995)
No single metric tells the full story. See the NSE:TASTYBITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tasty Bite Eatables Ltd is engaged in the manufacturing and selling of packaged foods. The company's product line includes organic channa masala, jodhpur dal, brown rice, basmati rice, coconut rice, and others. Geographically, it operates in India and the Rest of the world. The Company recognizes its sale of Prepared Foods activity as its only primary business segment. Geographically majority of the revenue comes from rest of the world region.
79GF Score
Get the complete analysis for NSE:TASTYBITE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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