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Turners Automotive GroupASX:TRA 44 Return-on-Tangible-Asset is 3.67% as of Mar. 2026, which is 23% below its 10-year median of 4.79. GuruFocus rates ASX:TRA with a GF Score™ of 44/100 and a GF Value™ of A$3.67 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Turners Automotive Group ranks better than 60.74% 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. Turners Automotive Group's annualizedNet Income for the quarter that ended in Mar. 2026 was A$27.2 Mil. Turners Automotive Group's average total tangible assets for the quarter that ended in Mar. 2026 was A$741.5 Mil. Therefore, Turners Automotive Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.67%.
The historical rank and industry rank for Turners Automotive Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:TRA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.87 Med: 4.79 Max: 5.3
Current: 4.62
During the past 13 years, Turners Automotive Group's highest Return-on-Tangible-Asset was 5.30%. The lowest was 3.87%. And the median was 4.79%.
ASX:TRA's Return-on-Tangible-Asset is ranked better than 60.74% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 3.125
vs ASX:TRA: 4.62
Turners Automotive Group (ASX:TRA) 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 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.
Turners Automotive Group Return-on-Tangible-Asset Related Terms
Turners Automotive Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Turners Automotive Group'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.
Turners Automotive Group Return-on-Tangible-Asset Chart
ASX:TRA vs CVNA, PAG, ALTB: Return-on-Tangible-Asset Comparison
For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.
Turners Automotive Group Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Turners Automotive Group'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.67% mean?
Turners Automotive Group (ASX:TRA) has a Return-on-Tangible-Asset of 3.67% 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 Turners Automotive Group and its competitors. This is 23% below median its historical median of 4.79. Over the past decade, Turners Automotive Group's Return-on-Tangible-Asset has ranged from 3.87 to 5.30. According to the industry distribution chart, Turners Automotive Group ranks #523 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 39.3%.
Is Turners Automotive Group's Return-on-Tangible-Asset too high?
Turners Automotive Group's current Return-on-Tangible-Asset of 3.67% is 23% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 5.30. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Turners Automotive Group's value of 3.67% is 17.4% above this industry median. Based on the distribution chart, Turners Automotive Group ranks #523 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Turners Automotive Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Return-on-Tangible-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #523 out of 1332 companies for Return-on-Tangible-Asset. This puts Turners Automotive Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Turners Automotive Group's value of 3.67% is 17.4% above this benchmark. Historically, Turners Automotive Group's own Return-on-Tangible-Asset has ranged from 3.87 to 5.30 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 3.13, Turners Automotive Group 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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. Turners Automotive Group's current Return-on-Tangible-Asset of 3.67% is 17.4% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Return-on-Tangible-Asset is 3.67%, which is 23% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (ASX:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.67, compared to a current price of A$7.03 — trading 91.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.67%, which is 23% below median its 10-year median of 4.79 and 17.4% above the Vehicles & Parts industry median of 3.13. Turners Automotive Group's overall GF Score™ is 44/100 with 11 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 Turners Automotive Group (ASX:TRA), the current Return-on-Tangible-Asset is 3.67% 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 Turners Automotive Group (ASX:TRA) Overvalued in 2026?
Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued.
The current stock price of A$7.03 is trading 91.6% above its estimated GF Value™ of A$3.67.
GuruFocus considers Turners Automotive Group to be Significantly Overvalued.
Key valuation signals for ASX:TRA:
Return-on-Tangible-Asset: 3.67% (23% below median its 10-year median of 4.79)
GF Value™: A$3.67 vs. price of A$7.03 (91.6% above fair value)
Industry Position: 17.4% above the Vehicles & Parts median (#523 of 1332)
No single metric tells the full story. See the ASX:TRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
44GF Score
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