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Olectra GreentechBOM:532439 -1.71%80 Return-on-Tangible-Asset is 4.06% as of Jun. 2026, which is 5% below its 10-year median of 4.29. GuruFocus rates BOM:532439 with a GF Score™ of 80/100 and a GF Value™ of ₹2,364.56 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 216 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks better than 73.15% 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. Olectra Greentech's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,038 Mil. Olectra Greentech's average total tangible assets for the quarter that ended in Jun. 2026 was ₹25,571 Mil. Therefore, Olectra Greentech's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.06%.
The historical rank and industry rank for Olectra Greentech's Return-on-Tangible-Asset or its related term are showing as below:
BOM:532439'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.71 Med: 4.29 Max: 7.53
Current: 7.53
During the past 13 years, Olectra Greentech's highest Return-on-Tangible-Asset was 7.53%. The lowest was -2.71%. And the median was 4.29%.
BOM:532439's Return-on-Tangible-Asset is ranked better than 73.15% of 216
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.665
vs BOM:532439: 7.53
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.
Olectra Greentech Return-on-Tangible-Asset Related Terms
Olectra Greentech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Olectra Greentech'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:532439 vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.
Olectra Greentech Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Olectra Greentech'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 4.06% mean?
Olectra Greentech (BOM:532439) has a Return-on-Tangible-Asset of 4.06% 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 Olectra Greentech and its competitors. This is near median its historical median of 4.29. According to the industry distribution chart, Olectra Greentech ranks #58 out of 216 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 26.9%.
Is Olectra Greentech's Return-on-Tangible-Asset too high?
Olectra Greentech's current Return-on-Tangible-Asset of 4.06% is near median its 10-year median of 4.29. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Asset is 3.67. Olectra Greentech's value of 4.06% is 10.8% above this industry median. Based on the distribution chart, Olectra Greentech ranks #58 out of 216 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Olectra Greentech has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #58 out of 216 companies for Return-on-Tangible-Asset. This puts Olectra Greentech in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.67. Olectra Greentech's value of 4.06% is 10.8% above this benchmark. While the company's 10-year median is 4.29 vs. the industry median of 3.67, Olectra Greentech 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 3.67, based on 216 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. Olectra Greentech's current Return-on-Tangible-Asset of 4.06% is 10.8% 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-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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current Return-on-Tangible-Asset is 4.06%, which is near median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (BOM:532439) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,364.56, compared to a current price of ₹1,207.80 — trading 48.9% below its estimated fair value. The current Return-on-Tangible-Asset is 4.06%, which is near median its 10-year median of 4.29 and 10.8% above the Farm & Heavy Construction Machinery industry median of 3.67. Olectra Greentech's overall GF Score™ is 80/100 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 Olectra Greentech (BOM:532439), the current Return-on-Tangible-Asset is 4.06% 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 Olectra Greentech (BOM:532439) Overvalued in 2026?
Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued.
The current stock price of ₹1,207.80 is trading 48.9% below its estimated GF Value™ of ₹2,364.56.
GuruFocus considers Olectra Greentech to be Significantly Undervalued.
Key valuation signals for BOM:532439:
Return-on-Tangible-Asset: 4.06% (near median its 10-year median of 4.29)
GF Value™: ₹2,364.56 vs. price of ₹1,207.80 (48.9% below fair value)
Industry Position: 10.8% above the Farm & Heavy Construction Machinery median (#58 of 216)
No single metric tells the full story. See the BOM:532439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
80GF Score
Get the complete analysis for BOM:532439
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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