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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. Setco Automotive's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹4,778 Mil. Setco Automotive's average total tangible assets for the quarter that ended in Mar. 2026 was ₹4,892 Mil. Therefore, Setco Automotive's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 97.66%.
The historical rank and industry rank for Setco Automotive's Return-on-Tangible-Asset or its related term are showing as below:
BOM:505075'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -40.56 Med: -13.59 Max: 1.42
Current: 1.42
During the past 13 years, Setco Automotive's highest Return-on-Tangible-Asset was 1.42%. The lowest was -40.56%. And the median was -13.59%.
BOM:505075's Return-on-Tangible-Asset is ranked worse than 95.81% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs BOM:505075: 1.42
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.
Setco Automotive Return-on-Tangible-Asset Related Terms
Setco Automotive Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Setco Automotive'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.
BOM:505075 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Setco Automotive'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.
Setco Automotive Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Setco Automotive's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Setco Automotive'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 97.66% mean?
Setco Automotive (BOM:505075) has a Return-on-Tangible-Asset of 97.66% 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 Setco Automotive and its competitors. According to the industry distribution chart, Setco Automotive ranks #1281 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 95.8%.
Is Setco Automotive's Return-on-Tangible-Asset too high?
Setco Automotive's current Return-on-Tangible-Asset is 97.66%. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Setco Automotive's value of 97.66% is 2815.2% above this industry median. Based on the distribution chart, Setco Automotive ranks #1281 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Setco Automotive has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Setco Automotive's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Setco Automotive ranks #1281 out of 1337 companies for Return-on-Tangible-Asset. This places Setco Automotive in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Setco Automotive's value of 97.66% is 2815.2% 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,337 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. Setco Automotive's current Return-on-Tangible-Asset of 97.66% is 2815.2% 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 Setco Automotive and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Setco Automotive's current Return-on-Tangible-Asset is 97.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Setco Automotive stock overvalued right now?
Based on GuruFocus' analysis, Setco Automotive (BOM:505075) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.43, compared to a current price of ₹17.50 — trading 9.9% below its estimated fair value. The current Return-on-Tangible-Asset is 97.66% and 2815.2% above the Vehicles & Parts industry median of 3.35. Setco Automotive's overall GF Score™ is 58/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Setco Automotive (BOM:505075), the current Return-on-Tangible-Asset is 97.66% 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 Setco Automotive (BOM:505075) Overvalued in 2026?
Based on GuruFocus' analysis, Setco Automotive stock appears to be undervalued.
The current stock price of ₹17.50 is trading 9.9% below its estimated GF Value™ of ₹19.43.
GuruFocus considers Setco Automotive to be Modestly Undervalued.
Key valuation signals for BOM:505075:
Return-on-Tangible-Asset: 97.66%
GF Value™: ₹19.43 vs. price of ₹17.50 (9.9% below fair value)
Industry Position: 2815.2% above the Vehicles & Parts median (#1281 of 1337)
No single metric tells the full story. See the BOM:505075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Setco Automotive Ltd operates in the Auto Parts industry. It is solely engaged in the Auto components segment. The company is a manufacturer and supplier of Premium Quality Lipe brand clutches for Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Man India, Mahindra and Mahindra, Volvo - Eicher Commercial Vehicles and Asia Motor Works amongst others. It also manufactures clutches for hydraulic products for the construction equipment industry.
58GF Score
Get the complete analysis for BOM:505075
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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