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CarTrade TechNSE:CARTRADE -2.58%78 Return-on-Tangible-Asset is 12.17% as of Jun. 2026, which is 219% above its 10-year median of 3.82. GuruFocus rates NSE:CARTRADE with a GF Score™ of 78/100 and a GF Value™ of ₹1,982.53 (Significantly Overvalued). Among 1,331 Vehicles & Parts companies, CarTrade Tech ranks better than 94.97% 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. CarTrade Tech's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹2,050 Mil. CarTrade Tech's average total tangible assets for the quarter that ended in Jun. 2026 was ₹16,847 Mil. Therefore, CarTrade Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.17%.
The historical rank and industry rank for CarTrade Tech's Return-on-Tangible-Asset or its related term are showing as below:
NSE:CARTRADE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.14 Med: 3.82 Max: 15.22
Current: 15.22
During the past 8 years, CarTrade Tech's highest Return-on-Tangible-Asset was 15.22%. The lowest was -11.14%. And the median was 3.82%.
NSE:CARTRADE's Return-on-Tangible-Asset is ranked better than 94.97% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.19
vs NSE:CARTRADE: 15.22
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.
CarTrade Tech Return-on-Tangible-Asset Related Terms
CarTrade Tech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CarTrade Tech'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.
NSE:CARTRADE vs CVNA, PAG, KMX: Return-on-Tangible-Asset Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech'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.
CarTrade Tech Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CarTrade Tech'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 12.17% mean?
CarTrade Tech (NSE:CARTRADE) has a Return-on-Tangible-Asset of 12.17% 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 CarTrade Tech and its competitors. This is 219% above median its historical median of 3.82. According to the industry distribution chart, CarTrade Tech ranks #67 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 5%.
Is CarTrade Tech's Return-on-Tangible-Asset too high?
CarTrade Tech's current Return-on-Tangible-Asset of 12.17% is 219% above median its 10-year median of 3.82. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.19. CarTrade Tech's value of 12.17% is 281.5% above this industry median. Based on the distribution chart, CarTrade Tech ranks #67 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, CarTrade Tech has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's Return-on-Tangible-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #67 out of 1331 companies for Return-on-Tangible-Asset. This places CarTrade Tech in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. CarTrade Tech's value of 12.17% is 281.5% above this benchmark. While the company's 10-year median is 3.82 vs. the industry median of 3.19, CarTrade Tech 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. CarTrade Tech's current Return-on-Tangible-Asset of 12.17% is 281.5% 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 CarTrade Tech 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. CarTrade Tech's current Return-on-Tangible-Asset is 12.17%, which is 219% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,982.53, compared to a current price of ₹2,719.60 — trading 37.2% above its estimated fair value. The current Return-on-Tangible-Asset is 12.17%, which is 219% above median its 10-year median of 3.82 and 281.5% above the Vehicles & Parts industry median of 3.19. CarTrade Tech's overall GF Score™ is 78/100. 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 CarTrade Tech (NSE:CARTRADE), the current Return-on-Tangible-Asset is 12.17% 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 CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹2,719.60 is trading 37.2% above its estimated GF Value™ of ₹1,982.53.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
Return-on-Tangible-Asset: 12.17% (219% above median its 10-year median of 3.82)
GF Value™: ₹1,982.53 vs. price of ₹2,719.60 (37.2% above fair value)
Industry Position: 281.5% above the Vehicles & Parts median (#67 of 1331)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
78GF Score
Get the complete analysis for NSE:CARTRADE
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