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Delta AutocorpNSE:DELTIC 38 Return-on-Tangible-Asset is 8.40% as of Mar. 2026, which is 58% below its 10-year median of 19.86. GuruFocus rates NSE:DELTIC with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Delta Autocorp ranks better than 56.92% 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. Delta Autocorp's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹69.9 Mil. Delta Autocorp's average total tangible assets for the quarter that ended in Mar. 2026 was ₹832.6 Mil. Therefore, Delta Autocorp's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.40%.
The historical rank and industry rank for Delta Autocorp's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DELTIC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.2 Med: 19.86 Max: 30.08
Current: 4.2
During the past 6 years, Delta Autocorp's highest Return-on-Tangible-Asset was 30.08%. The lowest was 4.20%. And the median was 19.86%.
NSE:DELTIC's Return-on-Tangible-Asset is ranked better than 56.92% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs NSE:DELTIC: 4.20
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.
Delta Autocorp Return-on-Tangible-Asset Related Terms
Delta Autocorp Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Delta Autocorp'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:DELTIC vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Delta Autocorp'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.
Delta Autocorp Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Delta Autocorp's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Delta Autocorp'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 8.40% mean?
Delta Autocorp (NSE:DELTIC) has a Return-on-Tangible-Asset of 8.40% 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 Delta Autocorp and its competitors. This is 58% below median its historical median of 19.86. Over the past decade, Delta Autocorp's Return-on-Tangible-Asset has ranged from 4.20 to 30.08. According to the industry distribution chart, Delta Autocorp ranks #576 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 43.1%.
Is Delta Autocorp's Return-on-Tangible-Asset too high?
Delta Autocorp's current Return-on-Tangible-Asset of 8.40% is 58% below median its 10-year median of 19.86. Over the past 10 years, this metric has ranged from a low of 4.20 to a high of 30.08. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Delta Autocorp's value of 8.40% is 150.7% above this industry median. Based on the distribution chart, Delta Autocorp ranks #576 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Delta Autocorp has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Delta Autocorp's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Delta Autocorp ranks #576 out of 1337 companies for Return-on-Tangible-Asset. This puts Delta Autocorp in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Delta Autocorp's value of 8.40% is 150.7% above this benchmark. Historically, Delta Autocorp's own Return-on-Tangible-Asset has ranged from 4.20 to 30.08 over the past decade. While the company's 10-year median is 19.86 vs. the industry median of 3.35, Delta Autocorp 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 3.35, 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. Delta Autocorp's current Return-on-Tangible-Asset of 8.40% is 150.7% 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 Delta Autocorp and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Autocorp's current Return-on-Tangible-Asset is 8.40%, which is 58% below median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Autocorp stock overvalued right now?
Delta Autocorp (NSE:DELTIC) has a current Return-on-Tangible-Asset of 8.40%. The current Return-on-Tangible-Asset is 8.40%, which is 58% below median its 10-year median of 19.86 and 150.7% above the Vehicles & Parts industry median of 3.35. Delta Autocorp's overall GF Score™ is 38/100 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 Delta Autocorp (NSE:DELTIC), the current Return-on-Tangible-Asset is 8.40% 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.
Delta Autocorp Ltd manufacture and sell 2W & 3W EVs using components procured from reputed Original Equipment Manufacturers (OEMs) who use design & engineering specifications. It operates under the brand name Deltic, Specializing in the production of Electric 2W and 3W vehicles. Its product range encompasses electric scooters in the 2W category, along with electric rickshaws, electric loaders, and electric garbage carts in the 3W category along with spare parts and accessories of 2W and 3W like motors, DC-DC Converter, Speedometer etc.
38GF Score
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