Vishwas Agri Seeds (NSE:VISHWAS) Return-on-Tangible-Asset: 13.44% (As of Sep. 2023)

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NSE:VISHWAS Vishwas Agri Seeds Ltd NSE:VISHWAS
14 GF Score
Price ₹44.80
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What is Vishwas Agri Seeds Return-on-Tangible-Asset?

Vishwas Agri Seeds NSE:VISHWAS -1.86% 14 Return-on-Tangible-Asset is 13.44% as of Sep. 2023. GuruFocus rates NSE:VISHWAS with a GF Score™ of 14/100.

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. Vishwas Agri Seeds's annualized Net Income for the quarter that ended in Sep. 2023 was ₹90.2 Mil. Vishwas Agri Seeds's average total tangible assets for the quarter that ended in Sep. 2023 was ₹671.2 Mil. Therefore, Vishwas Agri Seeds's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 13.44%.

The historical rank and industry rank for Vishwas Agri Seeds's Return-on-Tangible-Asset or its related term are showing as below:

NSE:VISHWAS's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.47
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Vishwas Agri Seeds  (NSE:VISHWAS) 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.


Vishwas Agri Seeds Return-on-Tangible-Asset Related Terms


Vishwas Agri Seeds Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vishwas Agri Seeds'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.

Vishwas Agri Seeds Return-on-Tangible-Asset Chart

Vishwas Agri Seeds Annual Data
Trend Mar21 Mar22 Mar23
Return-on-Tangible-Asset
5.55 9.08 12.26

Vishwas Agri Seeds Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Return-on-Tangible-Asset 0.00 0.00 0.00 13.44

NSE:VISHWAS vs ADM, TSN, BG: Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Vishwas Agri Seeds'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.


Vishwas Agri Seeds Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwas Agri Seeds's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vishwas Agri Seeds's Return-on-Tangible-Asset falls into.


NSE:VISHWAS
14GF Score
Vishwas Agri Seeds Ltd NSE:VISHWAS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Vishwas Agri Seeds Return-on-Tangible-Asset Calculation

Vishwas Agri Seeds's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=53.414/( (336.293+535.189)/ 2 )
=53.414/435.741
=12.26 %

Vishwas Agri Seeds's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=90.202/( (535.189+807.195)/ 2 )
=90.202/671.192
=13.44 %

* 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 (Sep. 2023) net income data.

What does a Return-on-Tangible-Asset of 13.44% mean?
Vishwas Agri Seeds (NSE:VISHWAS) has a Return-on-Tangible-Asset of 13.44% as of Sep. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vishwas Agri Seeds and its competitors.
Is Vishwas Agri Seeds' Return-on-Tangible-Asset too high?
Vishwas Agri Seeds' current Return-on-Tangible-Asset is 13.44%. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.47. Vishwas Agri Seeds' value of 13.44% is 287.3% above this industry median. Overall, Vishwas Agri Seeds has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Vishwas Agri Seeds' Return-on-Tangible-Asset compare to ADM and TSN?
Vishwas Agri Seeds' Return-on-Tangible-Asset of 13.44% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.47. Vishwas Agri Seeds' value of 13.44% is 287.3% 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.47, based on 1,994 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. Vishwas Agri Seeds's current Return-on-Tangible-Asset of 13.44% is 287.3% 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 Vishwas Agri Seeds and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishwas Agri Seeds's current Return-on-Tangible-Asset is 13.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishwas Agri Seeds stock overvalued right now?
Vishwas Agri Seeds (NSE:VISHWAS) has a current Return-on-Tangible-Asset of 13.44%. The current Return-on-Tangible-Asset is 13.44% and 287.3% above the Consumer Packaged Goods industry median of 3.47. Vishwas Agri Seeds' overall GF Score™ is 14/100. 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 Vishwas Agri Seeds (NSE:VISHWAS), the current Return-on-Tangible-Asset is 13.44% as of Sep. 2023. 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.

Vishwas Agri Seeds Business Description

Address Gangad Road, Near Toll Tax, S. No. 460, Bhayla, Bavla, Ahmedabad, GJ, IND, 382220
Vishwas Agri Seeds Ltd seeds processing company. It produced seeds for more than 40 different field crops, vegetables that portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegitable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.
14GF 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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