Vishal Mega Mart (NSE:VMM) Return-on-Tangible-Asset: 14.48% (As of Jun. 2026) — 29% Above Median

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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:VMM Vishal Mega Mart Ltd NSE:VMM
16 GF Score
Price ₹109.58
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What is Vishal Mega Mart Return-on-Tangible-Asset?

Vishal Mega Mart NSE:VMM -0.66% 16 Return-on-Tangible-Asset is 14.48% as of Jun. 2026, which is 29% above its 10-year median of 11.25. GuruFocus rates NSE:VMM with a GF Score™ of 16/100. Among 1,136 Retail - Cyclical companies, Vishal Mega Mart ranks better than 89.44% 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. Vishal Mega Mart's annualized Net Income for the quarter that ended in Jun. 2026 was ₹10,351 Mil. Vishal Mega Mart's average total tangible assets for the quarter that ended in Jun. 2026 was ₹71,480 Mil. Therefore, Vishal Mega Mart's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 14.48%.

The historical rank and industry rank for Vishal Mega Mart's Return-on-Tangible-Asset or its related term are showing as below:

NSE:VMM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.17   Med: 11.25   Max: 13.64
Current: 13.64

During the past 5 years, Vishal Mega Mart's highest Return-on-Tangible-Asset was 13.64%. The lowest was 5.17%. And the median was 11.25%.

NSE:VMM's Return-on-Tangible-Asset is ranked better than
89.44% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 2.92 vs NSE:VMM: 13.64

Vishal Mega Mart  (NSE:VMM) 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.


Vishal Mega Mart Return-on-Tangible-Asset Related Terms


Vishal Mega Mart Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vishal Mega Mart'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.

Vishal Mega Mart Return-on-Tangible-Asset Chart

Vishal Mega Mart Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
5.17 8.12 11.25 12.75 13.06

Vishal Mega Mart Quarterly Data
Mar22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.46 9.01 18.51 9.40 14.48

NSE:VMM vs DDS, M: Return-on-Tangible-Asset Comparison

For the Department Stores subindustry, Vishal Mega Mart'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.


Vishal Mega Mart Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vishal Mega Mart's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vishal Mega Mart's Return-on-Tangible-Asset falls into.


NSE:VMM
16GF Score
Vishal Mega Mart Ltd NSE:VMM
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Vishal Mega Mart Return-on-Tangible-Asset Calculation

Vishal Mega Mart'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 )
=8392.27/( (56989.8+71480)/ 2 )
=8392.27/64234.9
=13.06 %

Vishal Mega Mart's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=10350.8/( (71480+0)/ 1 )
=10350.8/71480
=14.48 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 14.48% mean?
Vishal Mega Mart (NSE:VMM) has a Return-on-Tangible-Asset of 14.48% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vishal Mega Mart and its competitors. This is 29% above median its historical median of 11.25. Over the past decade, Vishal Mega Mart's Return-on-Tangible-Asset has ranged from 5.17 to 13.64. According to the industry distribution chart, Vishal Mega Mart ranks #120 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 10.6%.
Is Vishal Mega Mart's Return-on-Tangible-Asset too high?
Vishal Mega Mart's current Return-on-Tangible-Asset of 14.48% is 29% above median its 10-year median of 11.25. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 13.64. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. Vishal Mega Mart's value of 14.48% is 395.9% above this industry median. Based on the distribution chart, Vishal Mega Mart ranks #120 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vishal Mega Mart has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vishal Mega Mart's Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Vishal Mega Mart ranks #120 out of 1136 companies for Return-on-Tangible-Asset. This places Vishal Mega Mart in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.92. Vishal Mega Mart's value of 14.48% is 395.9% above this benchmark. Historically, Vishal Mega Mart's own Return-on-Tangible-Asset has ranged from 5.17 to 13.64 over the past decade. While the company's 10-year median is 11.25 vs. the industry median of 2.92, Vishal Mega Mart 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.92, based on 1,136 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. Vishal Mega Mart's current Return-on-Tangible-Asset of 14.48% is 395.9% 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 Vishal Mega Mart and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishal Mega Mart's current Return-on-Tangible-Asset is 14.48%, which is 29% above median its own 10-year median of 11.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishal Mega Mart stock overvalued right now?
Vishal Mega Mart (NSE:VMM) has a current Return-on-Tangible-Asset of 14.48%. The current Return-on-Tangible-Asset is 14.48%, which is 29% above median its 10-year median of 11.25 and 395.9% above the Retail - Cyclical industry median of 2.92. Vishal Mega Mart's overall GF Score™ is 16/100. 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 Vishal Mega Mart (NSE:VMM), the current Return-on-Tangible-Asset is 14.48% as of Jun. 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.

Vishal Mega Mart Business Description

Other Exchanges 544307:India
Address Udyog Vihar Phase-1, Plot No. 184, 5th Floor Platinum Tower, Gurugram, HR, IND, 122016
Vishal Mega Mart Ltd is engaged in the wholesale and retail trade of apparel, fast-moving consumer goods, and general merchandise. The group offers products across three product categories: apparel, general merchandise, and fast-moving consumer goods through a pan-India network of nearly 645 Vishal Mega Mart stores. Its brands are Yellow Hippo, Wavelength, Brink, Home Pure, Outshine, Tandem, Home Finery, and Others. The Group operates in the reportable segment of Contract Manufacturing and Wholesale and Retail Trading.
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.

₹109.58
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