Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Hindustan HardyBOM:505893 +0.05%77 Return-on-Tangible-Asset is 7.27% as of Jun. 2026, which is 35% below its 10-year median of 11.24. GuruFocus rates BOM:505893 with a GF Score™ of 77/100 and a GF Value™ of ₹982.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,338 Vehicles & Parts companies, Hindustan Hardy ranks better than 89.84% 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. Hindustan Hardy's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹47 Mil. Hindustan Hardy's average total tangible assets for the quarter that ended in Jun. 2026 was ₹648 Mil. Therefore, Hindustan Hardy's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.27%.
The historical rank and industry rank for Hindustan Hardy's Return-on-Tangible-Asset or its related term are showing as below:
BOM:505893'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.99 Med: 11.24 Max: 13.79
Current: 10.9
During the past 13 years, Hindustan Hardy's highest Return-on-Tangible-Asset was 13.79%. The lowest was -2.99%. And the median was 11.24%.
BOM:505893's Return-on-Tangible-Asset is ranked better than 89.84% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 3.37
vs BOM:505893: 10.90
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.
Hindustan Hardy Return-on-Tangible-Asset Related Terms
Hindustan Hardy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hindustan Hardy'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:505893 vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Hindustan Hardy'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.
Hindustan Hardy Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Hardy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hindustan Hardy'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 7.27% mean?
Hindustan Hardy (BOM:505893) has a Return-on-Tangible-Asset of 7.27% 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 Hindustan Hardy and its competitors. This is 35% below median its historical median of 11.24. According to the industry distribution chart, Hindustan Hardy ranks #136 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 10.2%.
Is Hindustan Hardy's Return-on-Tangible-Asset too high?
Hindustan Hardy's current Return-on-Tangible-Asset of 7.27% is 35% below median its 10-year median of 11.24. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.37. Hindustan Hardy's value of 7.27% is 115.7% above this industry median. Based on the distribution chart, Hindustan Hardy ranks #136 out of 1338 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Hardy has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Hardy's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hindustan Hardy ranks #136 out of 1338 companies for Return-on-Tangible-Asset. This places Hindustan Hardy in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Hindustan Hardy's value of 7.27% is 115.7% above this benchmark. While the company's 10-year median is 11.24 vs. the industry median of 3.37, Hindustan Hardy 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 3.37, based on 1,338 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. Hindustan Hardy's current Return-on-Tangible-Asset of 7.27% is 115.7% 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 Hindustan Hardy and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Hardy's current Return-on-Tangible-Asset is 7.27%, which is 35% below median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Hardy stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Hardy (BOM:505893) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹982.21, compared to a current price of ₹692.50 — trading 29.5% below its estimated fair value. The current Return-on-Tangible-Asset is 7.27%, which is 35% below median its 10-year median of 11.24 and 115.7% above the Vehicles & Parts industry median of 3.37. Hindustan Hardy's overall GF Score™ is 77/100 with 1 warning sign 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 Hindustan Hardy (BOM:505893), the current Return-on-Tangible-Asset is 7.27% 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 Hindustan Hardy (BOM:505893) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Hardy stock appears to be undervalued.
The current stock price of ₹692.50 is trading 29.5% below its estimated GF Value™ of ₹982.21.
GuruFocus considers Hindustan Hardy to be Modestly Undervalued.
Key valuation signals for BOM:505893:
Return-on-Tangible-Asset: 7.27% (35% below median its 10-year median of 11.24)
GF Value™: ₹982.21 vs. price of ₹692.50 (29.5% below fair value)
Industry Position: 115.7% above the Vehicles & Parts median (#136 of 1338)
No single metric tells the full story. See the BOM:505893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.
77GF Score
Get the complete analysis for BOM:505893
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:505893 has been successfully added to your 
