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Astron MultigrainBOM:544628 -1.48%21 Return-on-Tangible-Equity is 9.88% as of Mar. 2026, which is 65% below its 10-year median of 28.61. GuruFocus rates BOM:544628 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,904 Consumer Packaged Goods companies, Astron Multigrain ranks better than 55.67% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Astron Multigrain's annualized net income for the quarter that ended in Mar. 2026 was ₹18.6 Mil. Astron Multigrain's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹188.2 Mil. Therefore, Astron Multigrain's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.88%.
The historical rank and industry rank for Astron Multigrain's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544628'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.88 Med: 28.61 Max: 33
Current: 9.88
During the past 4 years, Astron Multigrain's highest Return-on-Tangible-Equity was 33.00%. The lowest was 9.88%. And the median was 28.61%.
BOM:544628's Return-on-Tangible-Equity is ranked better than 55.67% of 1904
companies
in the Consumer Packaged Goods industry
Industry Median: 8.045
vs BOM:544628: 9.88
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Astron Multigrain Return-on-Tangible-Equity Related Terms
Astron Multigrain Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Astron Multigrain's Return-on-Tangible-Equity 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.
Astron Multigrain Return-on-Tangible-Equity Chart
Astron Multigrain Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
32.46
33.00
24.76
18.34
Astron Multigrain Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
20.76
9.88
BOM:544628 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Astron Multigrain's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Astron Multigrain Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Multigrain's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Astron Multigrain's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is one times the annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.88% mean?
Astron Multigrain (BOM:544628) has a Return-on-Tangible-Equity of 9.88% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Astron Multigrain and its competitors. This is 65% below median its historical median of 28.61. Over the past decade, Astron Multigrain's Return-on-Tangible-Equity has ranged from 9.88 to 33.00. According to the industry distribution chart, Astron Multigrain ranks #844 out of 1904 companies in the Consumer Packaged Goods industry, placing it in the top 44.3%.
Is Astron Multigrain's Return-on-Tangible-Equity too high?
Astron Multigrain's current Return-on-Tangible-Equity of 9.88% is 65% below median its 10-year median of 28.61. Over the past 10 years, this metric has ranged from a low of 9.88 to a high of 33.00. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.05. Astron Multigrain's value of 9.88% is 22.8% above this industry median. Based on the distribution chart, Astron Multigrain ranks #844 out of 1904 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Astron Multigrain has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Astron Multigrain's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Astron Multigrain ranks #844 out of 1904 companies for Return-on-Tangible-Equity. This puts Astron Multigrain in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.05. Astron Multigrain's value of 9.88% is 22.8% above this benchmark. Historically, Astron Multigrain's own Return-on-Tangible-Equity has ranged from 9.88 to 33.00 over the past decade. While the company's 10-year median is 28.61 vs. the industry median of 8.05, Astron Multigrain 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.05, based on 1,904 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astron Multigrain's current Return-on-Tangible-Equity of 9.88% is 22.8% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Astron Multigrain and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Multigrain's current Return-on-Tangible-Equity is 9.88%, which is 65% below median its own 10-year median of 28.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Multigrain stock overvalued right now?
Astron Multigrain (BOM:544628) has a current Return-on-Tangible-Equity of 9.88%. The current Return-on-Tangible-Equity is 9.88%, which is 65% below median its 10-year median of 28.61 and 22.8% above the Consumer Packaged Goods industry median of 8.05. Astron Multigrain's overall GF Score™ is 21/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Astron Multigrain (BOM:544628), the current Return-on-Tangible-Equity is 9.88% 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.
Astron Multigrain Ltd is in the business of manufacturing of instant noodles. The company manufactures noodles on a contract manufacturing basis. It also manufactures noodles under its own brand, 'Astron's Swagy Noodles', available in one variant - Mast Masala (Classic flavour). The company is also engaged in the manufacturing of noodle bhujiya and papad. It operates in a single reportable business segment: manufacture and supply of Instant Noodles and other Ready to Eat/ Ready to Cook products to its customers across India. The majority of its revenue is derived from the manufacturing and sale of instant noodles.
21GF Score
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