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Ecoline EximNSE:ECOLINE +0.51%18 Return-on-Tangible-Asset is 13.70% as of Mar. 2025, which is 24% below its 10-year median of 18.05. GuruFocus rates NSE:ECOLINE with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Ecoline Exim ranks better than 94.29% 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. Ecoline Exim's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹188 Mil. Ecoline Exim's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,374 Mil. Therefore, Ecoline Exim's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 13.70%.
The historical rank and industry rank for Ecoline Exim's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ECOLINE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 13.7 Med: 18.05 Max: 19.4
Current: 13.7
During the past 3 years, Ecoline Exim's highest Return-on-Tangible-Asset was 19.40%. The lowest was 13.70%. And the median was 18.05%.
NSE:ECOLINE's Return-on-Tangible-Asset is ranked better than 94.29% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs NSE:ECOLINE: 13.70
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.
Ecoline Exim Return-on-Tangible-Asset Related Terms
Ecoline Exim Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ecoline Exim'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.
Ecoline Exim Return-on-Tangible-Asset Chart
Ecoline Exim Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
18.05
19.40
13.70
Ecoline Exim Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
18.05
19.40
13.70
NSE:ECOLINE vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Ecoline Exim'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.
Ecoline Exim Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ecoline Exim's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ecoline Exim'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. 2025) net income data.
What does a Return-on-Tangible-Asset of 13.70% mean?
Ecoline Exim (NSE:ECOLINE) has a Return-on-Tangible-Asset of 13.70% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ecoline Exim and its competitors. This is 24% below median its historical median of 18.05. Over the past decade, Ecoline Exim's Return-on-Tangible-Asset has ranged from 13.70 to 19.40. According to the industry distribution chart, Ecoline Exim ranks #61 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.7%.
Is Ecoline Exim's Return-on-Tangible-Asset too high?
Ecoline Exim's current Return-on-Tangible-Asset of 13.70% is 24% below median its 10-year median of 18.05. Over the past 10 years, this metric has ranged from a low of 13.70 to a high of 19.40. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Ecoline Exim's value of 13.70% is 588.4% above this industry median. Based on the distribution chart, Ecoline Exim ranks #61 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoline Exim has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ecoline Exim's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ecoline Exim ranks #61 out of 1069 companies for Return-on-Tangible-Asset. This places Ecoline Exim in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Ecoline Exim's value of 13.70% is 588.4% above this benchmark. Historically, Ecoline Exim's own Return-on-Tangible-Asset has ranged from 13.70 to 19.40 over the past decade. While the company's 10-year median is 18.05 vs. the industry median of 1.99, Ecoline Exim 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,069 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. Ecoline Exim's current Return-on-Tangible-Asset of 13.70% is 588.4% 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 Ecoline Exim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoline Exim's current Return-on-Tangible-Asset is 13.70%, which is 24% below median its own 10-year median of 18.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoline Exim stock overvalued right now?
Ecoline Exim (NSE:ECOLINE) has a current Return-on-Tangible-Asset of 13.70%. The current Return-on-Tangible-Asset is 13.70%, which is 24% below median its 10-year median of 18.05 and 588.4% above the Manufacturing - Apparel & Accessories industry median of 1.99. Ecoline Exim's overall GF Score™ is 18/100 with 6 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 Ecoline Exim (NSE:ECOLINE), the current Return-on-Tangible-Asset is 13.70% as of Mar. 2025. 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.
Ecoline Exim Ltd is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made out of cotton and jute. The company is engaged in the export of these bags globally. It exports its products to more than 27 countries. Its export market is the European Union, the USA, Japan, Southeast Asia, and Mexico etc. The company offers a variety of eco-conscious cotton and jute bags. Its offerings include: Recycled Cotton Bags, Organic Cotton Bags, Fairtrade Cotton Bags, Conventional Cotton Bags, and Jute Bags.
18GF Score
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