Indus Motor Co (KAR:INDU) Return-on-Tangible-Asset: 15.47% (As of Mar. 2026) — 19% Above Median

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KAR:INDU Indus Motor Co Ltd KAR:INDU
84 GF Score
Price ₨1,932.33
GF Value ₨2,461.98
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Indus Motor Co Return-on-Tangible-Asset?

Indus Motor Co KAR:INDU -0.29% 84 Return-on-Tangible-Asset is 15.47% as of Mar. 2026, which is 19% above its 10-year median of 12.96. GuruFocus rates KAR:INDU with a GF Score™ of 84/100 and a GF Value™ of ₨2,461.98 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,331 Vehicles & Parts companies, Indus Motor Co ranks better than 94.59% 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. Indus Motor Co's annualized Net Income for the quarter that ended in Mar. 2026 was ₨26,788 Mil. Indus Motor Co's average total tangible assets for the quarter that ended in Mar. 2026 was ₨173,172 Mil. Therefore, Indus Motor Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.47%.

The historical rank and industry rank for Indus Motor Co's Return-on-Tangible-Asset or its related term are showing as below:

KAR:INDU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.74   Med: 12.96   Max: 21.66
Current: 14.93

During the past 13 years, Indus Motor Co's highest Return-on-Tangible-Asset was 21.66%. The lowest was 5.74%. And the median was 12.96%.

KAR:INDU's Return-on-Tangible-Asset is ranked better than
94.59% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 3.19 vs KAR:INDU: 14.93

Indus Motor Co  (KAR:INDU) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Indus Motor Co Return-on-Tangible-Asset Related Terms


Indus Motor Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Indus Motor Co'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.

Indus Motor Co Return-on-Tangible-Asset Chart

Indus Motor Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 9.09 5.74 11.23 13.93

Indus Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.90 14.83 15.10 13.98 15.47

KAR:INDU vs TSLA, GM, F: Return-on-Tangible-Asset Comparison

For the Auto Manufacturers subindustry, Indus Motor Co'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.


Indus Motor Co Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indus Motor Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Indus Motor Co's Return-on-Tangible-Asset falls into.


KAR:INDU
84GF Score
Indus Motor Co Ltd KAR:INDU
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Motor Co Return-on-Tangible-Asset Calculation

Indus Motor Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=23009.659/( (145753.073+184697.175)/ 2 )
=23009.659/165225.124
=13.93 %

Indus Motor Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=26788.492/( (171055.893+175287.73)/ 2 )
=26788.492/173171.8115
=15.47 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 15.47% mean?
Indus Motor Co (KAR:INDU) has a Return-on-Tangible-Asset of 15.47% 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 Indus Motor Co and its competitors. This is 19% above median its historical median of 12.96. Over the past decade, Indus Motor Co's Return-on-Tangible-Asset has ranged from 5.74 to 21.66. According to the industry distribution chart, Indus Motor Co ranks #72 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 5.4%.
Is Indus Motor Co's Return-on-Tangible-Asset too high?
Indus Motor Co's current Return-on-Tangible-Asset of 15.47% is 19% above median its 10-year median of 12.96. Over the past 10 years, this metric has ranged from a low of 5.74 to a high of 21.66. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. Indus Motor Co's value of 15.47% is 385% above this industry median. Based on the distribution chart, Indus Motor Co ranks #72 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Indus Motor Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indus Motor Co's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Indus Motor Co ranks #72 out of 1331 companies for Return-on-Tangible-Asset. This places Indus Motor Co in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. Indus Motor Co's value of 15.47% is 385% above this benchmark. Historically, Indus Motor Co's own Return-on-Tangible-Asset has ranged from 5.74 to 21.66 over the past decade. While the company's 10-year median is 12.96 vs. the industry median of 3.19, Indus Motor Co 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 3.19, based on 1,331 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. Indus Motor Co's current Return-on-Tangible-Asset of 15.47% is 385% 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 Indus Motor Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Motor Co's current Return-on-Tangible-Asset is 15.47%, which is 19% above median its own 10-year median of 12.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Indus Motor Co (KAR:INDU) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨2,461.98, compared to a current price of ₨1,932.33 — trading 21.5% below its estimated fair value. The current Return-on-Tangible-Asset is 15.47%, which is 19% above median its 10-year median of 12.96 and 385% above the Vehicles & Parts industry median of 3.19. Indus Motor Co's overall GF Score™ is 84/100 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 Indus Motor Co (KAR:INDU), the current Return-on-Tangible-Asset is 15.47% 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.

Is Indus Motor Co (KAR:INDU) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Motor Co stock appears to be undervalued. The current stock price of ₨1,932.33 is trading 21.5% below its estimated GF Value™ of ₨2,461.98. GuruFocus considers Indus Motor Co to be Modestly Undervalued.

Key valuation signals for KAR:INDU:

  • Return-on-Tangible-Asset: 15.47% (19% above median its 10-year median of 12.96)
  • GF Value™: ₨2,461.98 vs. price of ₨1,932.33 (21.5% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 385% above the Vehicles & Parts median (#72 of 1331)

No single metric tells the full story. See the KAR:INDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indus Motor Co Business Description

Address Plot No. N.W.Z/1/P-1, Port Qasim Authority, Bin Qasim, Karachi, SD, PAK
Indus Motor Co Ltd manufactures and markets Toyota brand vehicles in Pakistan. It offers passenger cars, light commercial vehicles, and sports utility under Corolla, Hilux, and Fortuner brand names. In addition, the company also offers parts, lubricants, and chemicals, as well as after-sales services.
84GF Score

Get the complete analysis for KAR:INDU

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨1,932.33
Price
₨2,461.98
GF Value