Thinking Hats Entertainment Solutions (NSE:THESL) Return-on-Tangible-Asset: 4.08% (As of Mar. 2026) — 69% Below Median

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NSE:THESL Thinking Hats Entertainment Solutions Ltd NSE:THESL
16 GF Score
Price ₹19.00
! 7 Warning Signs
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What is Thinking Hats Entertainment Solutions Return-on-Tangible-Asset?

Thinking Hats Entertainment Solutions NSE:THESL 16 Return-on-Tangible-Asset is 4.08% as of Mar. 2026, which is 69% below its 10-year median of 13.09. GuruFocus rates NSE:THESL with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 1,030 Media - Diversified companies, Thinking Hats Entertainment Solutions ranks better than 69.13% 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. Thinking Hats Entertainment Solutions's annualized Net Income for the quarter that ended in Mar. 2026 was ₹10.1 Mil. Thinking Hats Entertainment Solutions's average total tangible assets for the quarter that ended in Mar. 2026 was ₹247.7 Mil. Therefore, Thinking Hats Entertainment Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.08%.

The historical rank and industry rank for Thinking Hats Entertainment Solutions's Return-on-Tangible-Asset or its related term are showing as below:

NSE:THESL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.19   Med: 13.09   Max: 19.14
Current: 4.45

During the past 5 years, Thinking Hats Entertainment Solutions's highest Return-on-Tangible-Asset was 19.14%. The lowest was 4.19%. And the median was 13.09%.

NSE:THESL's Return-on-Tangible-Asset is ranked better than
69.13% of 1030 companies
in the Media - Diversified industry
Industry Median: 0.8 vs NSE:THESL: 4.45

Thinking Hats Entertainment Solutions  (NSE:THESL) 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.


Thinking Hats Entertainment Solutions Return-on-Tangible-Asset Related Terms


Thinking Hats Entertainment Solutions Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions Return-on-Tangible-Asset Chart

Thinking Hats Entertainment Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
5.80 19.14 17.01 13.09 4.19

Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 23.53 14.96 5.04 4.08

NSE:THESL vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.


Thinking Hats Entertainment Solutions Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's Return-on-Tangible-Asset falls into.


NSE:THESL
16GF Score
Thinking Hats Entertainment Solutions Ltd NSE:THESL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinking Hats Entertainment Solutions Return-on-Tangible-Asset Calculation

Thinking Hats Entertainment Solutions'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 )
=12.442/( (342.435+252.023)/ 2 )
=12.442/297.229
=4.19 %

Thinking Hats Entertainment Solutions'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=10.116/( (243.405+252.023)/ 2 )
=10.116/247.714
=4.08 %

* 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 two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 4.08% mean?
Thinking Hats Entertainment Solutions (NSE:THESL) has a Return-on-Tangible-Asset of 4.08% 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 Thinking Hats Entertainment Solutions and its competitors. This is 69% below median its historical median of 13.09. Over the past decade, Thinking Hats Entertainment Solutions' Return-on-Tangible-Asset has ranged from 4.19 to 19.14. According to the industry distribution chart, Thinking Hats Entertainment Solutions ranks #318 out of 1030 companies in the Media - Diversified industry, placing it in the top 30.9%.
Is Thinking Hats Entertainment Solutions' Return-on-Tangible-Asset too high?
Thinking Hats Entertainment Solutions' current Return-on-Tangible-Asset of 4.08% is 69% below median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 19.14. The Media - Diversified industry median Return-on-Tangible-Asset is 0.80. Thinking Hats Entertainment Solutions' value of 4.08% is 410% above this industry median. Based on the distribution chart, Thinking Hats Entertainment Solutions ranks #318 out of 1030 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Thinking Hats Entertainment Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Thinking Hats Entertainment Solutions' Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinking Hats Entertainment Solutions ranks #318 out of 1030 companies for Return-on-Tangible-Asset. This puts Thinking Hats Entertainment Solutions in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.80. Thinking Hats Entertainment Solutions' value of 4.08% is 410% above this benchmark. Historically, Thinking Hats Entertainment Solutions' own Return-on-Tangible-Asset has ranged from 4.19 to 19.14 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 0.80, Thinking Hats Entertainment Solutions 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.80, based on 1,030 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. Thinking Hats Entertainment Solutions's current Return-on-Tangible-Asset of 4.08% is 410% 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 Thinking Hats Entertainment Solutions and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Hats Entertainment Solutions's current Return-on-Tangible-Asset is 4.08%, which is 69% below median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Hats Entertainment Solutions stock overvalued right now?
Thinking Hats Entertainment Solutions (NSE:THESL) has a current Return-on-Tangible-Asset of 4.08%. The current Return-on-Tangible-Asset is 4.08%, which is 69% below median its 10-year median of 13.09 and 410% above the Media - Diversified industry median of 0.80. Thinking Hats Entertainment Solutions' overall GF Score™ is 16/100 with 7 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 Thinking Hats Entertainment Solutions (NSE:THESL), the current Return-on-Tangible-Asset is 4.08% 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.

Thinking Hats Entertainment Solutions Business Description

Address 5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
16GF Score

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

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