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Waterways Leisure TourismBOM:544802 -2.15%20 Return-on-Tangible-Asset is 17.90% as of Mar. 2026, which is at its 10-year median of 17.90. GuruFocus rates BOM:544802 with a GF Score™ of 20/100. The stock has 9 warning signs investors should review. Among 1,018 Transportation companies, Waterways Leisure Tourism ranks better than 94.5% 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. Waterways Leisure Tourism's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹521 Mil. Waterways Leisure Tourism's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,914 Mil. Therefore, Waterways Leisure Tourism's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.90%.
The historical rank and industry rank for Waterways Leisure Tourism's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544802'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -276.83 Med: 17.9 Max: 52.22
Current: 17.9
During the past 5 years, Waterways Leisure Tourism's highest Return-on-Tangible-Asset was 52.22%. The lowest was -276.83%. And the median was 17.90%.
BOM:544802's Return-on-Tangible-Asset is ranked better than 94.5% of 1018
companies
in the Transportation industry
Industry Median: 3.815
vs BOM:544802: 17.90
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.
Waterways Leisure Tourism Return-on-Tangible-Asset Related Terms
Waterways Leisure Tourism Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Waterways Leisure Tourism'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.
For the Marine Shipping subindustry, Waterways Leisure Tourism'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.
Waterways Leisure Tourism Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Waterways Leisure Tourism's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Waterways Leisure Tourism'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 one times the annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.90% mean?
Waterways Leisure Tourism (BOM:544802) has a Return-on-Tangible-Asset of 17.90% 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 Waterways Leisure Tourism and its competitors. This is near median its historical median of 17.90. According to the industry distribution chart, Waterways Leisure Tourism ranks #56 out of 1018 companies in the Transportation industry, placing it in the top 5.5%.
Is Waterways Leisure Tourism's Return-on-Tangible-Asset too high?
Waterways Leisure Tourism's current Return-on-Tangible-Asset of 17.90% is near median its 10-year median of 17.90. The Transportation industry median Return-on-Tangible-Asset is 3.82. Waterways Leisure Tourism's value of 17.90% is 369.2% above this industry median. Based on the distribution chart, Waterways Leisure Tourism ranks #56 out of 1018 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Waterways Leisure Tourism has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Waterways Leisure Tourism's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Waterways Leisure Tourism ranks #56 out of 1018 companies for Return-on-Tangible-Asset. This places Waterways Leisure Tourism in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.82. Waterways Leisure Tourism's value of 17.90% is 369.2% above this benchmark. While the company's 10-year median is 17.90 vs. the industry median of 3.82, Waterways Leisure Tourism 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.82, based on 1,018 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. Waterways Leisure Tourism's current Return-on-Tangible-Asset of 17.90% is 369.2% 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 Waterways Leisure Tourism and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waterways Leisure Tourism's current Return-on-Tangible-Asset is 17.90%, which is near median its own 10-year median of 17.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterways Leisure Tourism stock overvalued right now?
Waterways Leisure Tourism (BOM:544802) has a current Return-on-Tangible-Asset of 17.90%. The current Return-on-Tangible-Asset is 17.90%, which is near median its 10-year median of 17.90 and 369.2% above the Transportation industry median of 3.82. Waterways Leisure Tourism's overall GF Score™ is 20/100 with 9 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 Waterways Leisure Tourism (BOM:544802), the current Return-on-Tangible-Asset is 17.90% 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.
Waterways Leisure Tourism Ltd is one of the domestic ocean cruise operators in India, offering luxurious and authentic Indian experiences. It is engaged in the business of cruise lines, shipping, organizing, and conducting cruises, tours, holidays, maintaining, and providing related services. The company currently operates a cruise vessel, the MV Empress. Its cruise vessel sails to domestic destinations such as Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam(Andhra Pradesh), and Puducherry. Its cruise vessel MV Empress offers a variety of cabin options, including one chairman's suite, suites, mini suites, ocean-view staterooms, and interior staterooms.
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