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Enkei Wheels (India)BOM:533477 -1.03%68 Return-on-Tangible-Asset is 6.14% as of Jun. 2026, which is 502% above its 10-year median of 1.02. GuruFocus rates BOM:533477 with a GF Score™ of 68/100 and a GF Value™ of ₹840.91 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Enkei Wheels (India) ranks better than 50.41% 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. Enkei Wheels (India)'s annualizedNet Income for the quarter that ended in Jun. 2026 was ₹410 Mil. Enkei Wheels (India)'s average total tangible assets for the quarter that ended in Jun. 2026 was ₹6,677 Mil. Therefore, Enkei Wheels (India)'s annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.14%.
The historical rank and industry rank for Enkei Wheels (India)'s Return-on-Tangible-Asset or its related term are showing as below:
BOM:533477'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.02 Med: 1.02 Max: 4.22
Current: 3.43
During the past 13 years, Enkei Wheels (India)'s highest Return-on-Tangible-Asset was 4.22%. The lowest was -8.02%. And the median was 1.02%.
BOM:533477's Return-on-Tangible-Asset is ranked better than 50.41% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.4
vs BOM:533477: 3.43
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.
Enkei Wheels (India) Return-on-Tangible-Asset Related Terms
Enkei Wheels (India) Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Enkei Wheels (India)'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:533477 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Enkei Wheels (India)'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.
Enkei Wheels (India) Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Enkei Wheels (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Enkei Wheels (India)'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 6.14% mean?
Enkei Wheels (India) (BOM:533477) has a Return-on-Tangible-Asset of 6.14% 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 Enkei Wheels (India) and its competitors. This is 502% above median its historical median of 1.02. According to the industry distribution chart, Enkei Wheels (India) ranks #663 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 49.6%.
Is Enkei Wheels (India)'s Return-on-Tangible-Asset too high?
Enkei Wheels (India)'s current Return-on-Tangible-Asset of 6.14% is 502% above median its 10-year median of 1.02. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.40. Enkei Wheels (India)'s value of 6.14% is 80.6% above this industry median. Based on the distribution chart, Enkei Wheels (India) ranks #663 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Enkei Wheels (India) has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enkei Wheels (India)'s Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Enkei Wheels (India) ranks #663 out of 1337 companies for Return-on-Tangible-Asset. This puts Enkei Wheels (India) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Enkei Wheels (India)'s value of 6.14% is 80.6% above this benchmark. While the company's 10-year median is 1.02 vs. the industry median of 3.40, Enkei Wheels (India) 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 3.40, 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. Enkei Wheels (India)'s current Return-on-Tangible-Asset of 6.14% is 80.6% 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 Enkei Wheels (India) and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enkei Wheels (India)'s current Return-on-Tangible-Asset is 6.14%, which is 502% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enkei Wheels (India) stock overvalued right now?
Based on GuruFocus' analysis, Enkei Wheels (India) (BOM:533477) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹840.91, compared to a current price of ₹400.00 — trading 52.4% below its estimated fair value. The current Return-on-Tangible-Asset is 6.14%, which is 502% above median its 10-year median of 1.02 and 80.6% above the Vehicles & Parts industry median of 3.40. Enkei Wheels (India)'s overall GF Score™ is 68/100 with 2 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 Enkei Wheels (India) (BOM:533477), the current Return-on-Tangible-Asset is 6.14% 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 Enkei Wheels (India) (BOM:533477) Overvalued in 2026?
Based on GuruFocus' analysis, Enkei Wheels (India) stock appears to be undervalued.
The current stock price of ₹400.00 is trading 52.4% below its estimated GF Value™ of ₹840.91.
GuruFocus considers Enkei Wheels (India) to be Significantly Undervalued.
Key valuation signals for BOM:533477:
Return-on-Tangible-Asset: 6.14% (502% above median its 10-year median of 1.02)
GF Value™: ₹840.91 vs. price of ₹400.00 (52.4% below fair value)
Industry Position: 80.6% above the Vehicles & Parts median (#663 of 1337)
No single metric tells the full story. See the BOM:533477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is manufacture and sale of Alloy Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.
68GF Score
Get the complete analysis for BOM:533477
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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