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Eicher MotorsBOM:505200 -0.89%96 Return-on-Tangible-Asset is 19.21% as of Jun. 2026, which is 2% below its 10-year median of 19.65. GuruFocus rates BOM:505200 with a GF Score™ of 96/100 and a GF Value™ of ₹7,520.46 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Eicher Motors ranks better than 98.35% 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. Eicher Motors's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹58,500 Mil. Eicher Motors's average total tangible assets for the quarter that ended in Jun. 2026 was ₹304,554 Mil. Therefore, Eicher Motors's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 19.21%.
The historical rank and industry rank for Eicher Motors's Return-on-Tangible-Asset or its related term are showing as below:
BOM:505200'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.38 Med: 19.65 Max: 32.49
Current: 20.65
During the past 13 years, Eicher Motors's highest Return-on-Tangible-Asset was 32.49%. The lowest was 10.38%. And the median was 19.65%.
BOM:505200's Return-on-Tangible-Asset is ranked better than 98.35% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs BOM:505200: 20.65
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.
Eicher Motors Return-on-Tangible-Asset Related Terms
Eicher Motors Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Eicher Motors'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:505200 vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Eicher Motors'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.
Eicher Motors Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eicher Motors'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 19.21% mean?
Eicher Motors (BOM:505200) has a Return-on-Tangible-Asset of 19.21% 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 Eicher Motors and its competitors. This is near median its historical median of 19.65. Over the past decade, Eicher Motors' Return-on-Tangible-Asset has ranged from 10.38 to 32.49. According to the industry distribution chart, Eicher Motors ranks #22 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 1.6%.
Is Eicher Motors' Return-on-Tangible-Asset too high?
Eicher Motors' current Return-on-Tangible-Asset of 19.21% is near median its 10-year median of 19.65. Over the past 10 years, this metric has ranged from a low of 10.38 to a high of 32.49. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Eicher Motors' value of 19.21% is 473.4% above this industry median. Based on the distribution chart, Eicher Motors ranks #22 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Eicher Motors has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eicher Motors' Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Eicher Motors ranks #22 out of 1337 companies for Return-on-Tangible-Asset. This places Eicher Motors in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. Eicher Motors' value of 19.21% is 473.4% above this benchmark. Historically, Eicher Motors' own Return-on-Tangible-Asset has ranged from 10.38 to 32.49 over the past decade. While the company's 10-year median is 19.65 vs. the industry median of 3.35, Eicher Motors 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 3.35, 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. Eicher Motors's current Return-on-Tangible-Asset of 19.21% is 473.4% 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 Eicher Motors 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. Eicher Motors's current Return-on-Tangible-Asset is 19.21%, which is near median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eicher Motors stock overvalued right now?
Based on GuruFocus' analysis, Eicher Motors (BOM:505200) is currently considered Fairly Valued. The stock's GF Value™ is ₹7,520.46, compared to a current price of ₹7,600.00 — trading 1.1% above its estimated fair value. The current Return-on-Tangible-Asset is 19.21%, which is near median its 10-year median of 19.65 and 473.4% above the Vehicles & Parts industry median of 3.35. Eicher Motors' overall GF Score™ is 96/100 with 3 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 Eicher Motors (BOM:505200), the current Return-on-Tangible-Asset is 19.21% 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.
Is Eicher Motors (BOM:505200) Overvalued in 2026?
Based on GuruFocus' analysis, Eicher Motors stock appears to be overvalued.
The current stock price of ₹7,600.00 is trading 1.1% above its estimated GF Value™ of ₹7,520.46.
GuruFocus considers Eicher Motors to be Fairly Valued.
Key valuation signals for BOM:505200:
Return-on-Tangible-Asset: 19.21% (near median its 10-year median of 19.65)
GF Value™: ₹7,520.46 vs. price of ₹7,600.00 (1.1% above fair value)
Industry Position: 473.4% above the Vehicles & Parts median (#22 of 1337)
No single metric tells the full story. See the BOM:505200 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.
96GF Score
Get the complete analysis for BOM:505200
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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