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Zelio E-MobilityBOM:544563 -2.00%19 Return-on-Tangible-Asset is 29.94% as of Mar. 2026, which is 11% above its 10-year median of 27.03. GuruFocus rates BOM:544563 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,338 Vehicles & Parts companies, Zelio E-Mobility ranks better than 94.62% 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. Zelio E-Mobility's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹330 Mil. Zelio E-Mobility's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,103 Mil. Therefore, Zelio E-Mobility's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 29.94%.
The historical rank and industry rank for Zelio E-Mobility's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544563'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.97 Med: 27.03 Max: 33.75
Current: 14.97
During the past 4 years, Zelio E-Mobility's highest Return-on-Tangible-Asset was 33.75%. The lowest was 14.97%. And the median was 27.03%.
BOM:544563's Return-on-Tangible-Asset is ranked better than 94.62% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 3.37
vs BOM:544563: 14.97
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.
Zelio E-Mobility Return-on-Tangible-Asset Related Terms
Zelio E-Mobility Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zelio E-Mobility'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.
Zelio E-Mobility Return-on-Tangible-Asset Chart
Zelio E-Mobility Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
19.75
28.32
33.75
25.73
Zelio E-Mobility Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
0.00
0.00
0.00
29.94
BOM:544563 vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Zelio E-Mobility'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.
Zelio E-Mobility Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zelio E-Mobility's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zelio E-Mobility'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 29.94% mean?
Zelio E-Mobility (BOM:544563) has a Return-on-Tangible-Asset of 29.94% 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 Zelio E-Mobility and its competitors. This is 11% above median its historical median of 27.03. Over the past decade, Zelio E-Mobility's Return-on-Tangible-Asset has ranged from 14.97 to 33.75. According to the industry distribution chart, Zelio E-Mobility ranks #72 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 5.4%.
Is Zelio E-Mobility's Return-on-Tangible-Asset too high?
Zelio E-Mobility's current Return-on-Tangible-Asset of 29.94% is 11% above median its 10-year median of 27.03. Over the past 10 years, this metric has ranged from a low of 14.97 to a high of 33.75. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.37. Zelio E-Mobility's value of 29.94% is 788.4% above this industry median. Based on the distribution chart, Zelio E-Mobility ranks #72 out of 1338 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zelio E-Mobility has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Zelio E-Mobility's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Zelio E-Mobility ranks #72 out of 1338 companies for Return-on-Tangible-Asset. This places Zelio E-Mobility in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Zelio E-Mobility's value of 29.94% is 788.4% above this benchmark. Historically, Zelio E-Mobility's own Return-on-Tangible-Asset has ranged from 14.97 to 33.75 over the past decade. While the company's 10-year median is 27.03 vs. the industry median of 3.37, Zelio E-Mobility 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. Zelio E-Mobility's current Return-on-Tangible-Asset of 29.94% is 788.4% 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 Zelio E-Mobility 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. Zelio E-Mobility's current Return-on-Tangible-Asset is 29.94%, which is 11% above median its own 10-year median of 27.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zelio E-Mobility stock overvalued right now?
Zelio E-Mobility (BOM:544563) has a current Return-on-Tangible-Asset of 29.94%. The current Return-on-Tangible-Asset is 29.94%, which is 11% above median its 10-year median of 27.03 and 788.4% above the Vehicles & Parts industry median of 3.37. Zelio E-Mobility's overall GF Score™ is 19/100 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 Zelio E-Mobility (BOM:544563), the current Return-on-Tangible-Asset is 29.94% 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.
Zelio E-Mobility Ltd is engaged in the business of manufacturing, assembling and supplying of electric vehicles, offering a range of electric two-wheelers (E-2Ws) and three-wheelers (3Ws), available in a variety of design, color, speed variants etc. It operates under the brand name Zelio for E-2Ws and Tanga for 3Ws and focussing exclusively on the production of E-2Ws and 3Ws which serves environmental benefits such as lower emissions, reduced noise, energy sustainability etc.
19GF Score
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