Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Exim RoutesNSE:EXIMROUTES -8.01%21 Return-on-Tangible-Asset is 19.60% as of Mar. 2026, which is 9% above its 10-year median of 18.01. GuruFocus rates NSE:EXIMROUTES with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 248 Waste Management companies, Exim Routes ranks better than 93.95% 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. Exim Routes's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹143 Mil. Exim Routes's average total tangible assets for the quarter that ended in Mar. 2026 was ₹0 Mil. Therefore, Exim Routes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.60%.
The historical rank and industry rank for Exim Routes's Return-on-Tangible-Asset or its related term are showing as below:
NSE:EXIMROUTES'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.66 Med: 18.01 Max: 22.73
Current: 14.53
During the past 4 years, Exim Routes's highest Return-on-Tangible-Asset was 22.73%. The lowest was 5.66%. And the median was 18.01%.
NSE:EXIMROUTES's Return-on-Tangible-Asset is ranked better than 93.95% of 248
companies
in the Waste Management industry
Industry Median: 2.555
vs NSE:EXIMROUTES: 14.53
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.
Exim Routes Return-on-Tangible-Asset Related Terms
Exim Routes Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Exim Routes'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.
Exim Routes Return-on-Tangible-Asset Chart
Exim Routes Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
5.66
22.73
21.49
14.53
Exim Routes Semi-Annual Data
Sep25
Mar26
Return-on-Tangible-Asset
12.68
19.60
NSE:EXIMROUTES vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Exim Routes'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.
Exim Routes Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Exim Routes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Exim Routes'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 19.60% mean?
Exim Routes (NSE:EXIMROUTES) has a Return-on-Tangible-Asset of 19.60% 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 Exim Routes and its competitors. This is near median its historical median of 18.01. Over the past decade, Exim Routes' Return-on-Tangible-Asset has ranged from 5.66 to 22.73. According to the industry distribution chart, Exim Routes ranks #15 out of 248 companies in the Waste Management industry, placing it in the top 6%.
Is Exim Routes' Return-on-Tangible-Asset too high?
Exim Routes' current Return-on-Tangible-Asset of 19.60% is near median its 10-year median of 18.01. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 22.73. The Waste Management industry median Return-on-Tangible-Asset is 2.56. Exim Routes' value of 19.60% is 667.1% above this industry median. Based on the distribution chart, Exim Routes ranks #15 out of 248 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Exim Routes has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Exim Routes' Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Exim Routes ranks #15 out of 248 companies for Return-on-Tangible-Asset. This places Exim Routes in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.56. Exim Routes' value of 19.60% is 667.1% above this benchmark. Historically, Exim Routes' own Return-on-Tangible-Asset has ranged from 5.66 to 22.73 over the past decade. While the company's 10-year median is 18.01 vs. the industry median of 2.56, Exim Routes 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.56, based on 248 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. Exim Routes's current Return-on-Tangible-Asset of 19.60% is 667.1% 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 Exim Routes and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exim Routes's current Return-on-Tangible-Asset is 19.60%, which is near median its own 10-year median of 18.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exim Routes stock overvalued right now?
Exim Routes (NSE:EXIMROUTES) has a current Return-on-Tangible-Asset of 19.60%. The current Return-on-Tangible-Asset is 19.60%, which is near median its 10-year median of 18.01 and 667.1% above the Waste Management industry median of 2.56. Exim Routes' overall GF Score™ is 21/100 with 3 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 Exim Routes (NSE:EXIMROUTES), the current Return-on-Tangible-Asset is 19.60% 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.
Exim Routes Ltd operates as a platform facilitating the exchange of recyclable paper materials, providing services to Indian paper mills that include sourcing and procurement of waste paper, quality assurance, and logistics. To support its operations, it has developed the Exim Routes Intelligence System (ERIS), an AI-powered B2B digital platform designed to perform four primary functions: Supply Chain Operations and Offer Management, Customer and Partner Enablement, Market Intelligence and Data Layer, and Logistics Integration.
21GF Score
Get the complete analysis for NSE:EXIMROUTES
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:EXIMROUTES has been successfully added to your 
