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GNA AxlesNSE:GNA -1.91%82 Return-on-Tangible-Asset is 10.07% as of Jun. 2026, which is 23% above its 10-year median of 8.20. GuruFocus rates NSE:GNA with a GF Score™ of 82/100 and a GF Value™ of ₹408.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,334 Vehicles & Parts companies, GNA Axles ranks better than 84.56% 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. GNA Axles's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹1,531 Mil. GNA Axles's average total tangible assets for the quarter that ended in Jun. 2026 was ₹15,202 Mil. Therefore, GNA Axles's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.07%.
The historical rank and industry rank for GNA Axles's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GNA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.78 Med: 8.2 Max: 11.77
Current: 9.16
During the past 12 years, GNA Axles's highest Return-on-Tangible-Asset was 11.77%. The lowest was 5.78%. And the median was 8.20%.
NSE:GNA's Return-on-Tangible-Asset is ranked better than 84.56% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs NSE:GNA: 9.16
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.
GNA Axles Return-on-Tangible-Asset Related Terms
GNA Axles Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GNA Axles'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:GNA vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, GNA Axles'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.
GNA Axles Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, GNA Axles's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GNA Axles'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 10.07% mean?
GNA Axles (NSE:GNA) has a Return-on-Tangible-Asset of 10.07% 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 GNA Axles and its competitors. This is 23% above median its historical median of 8.20. Over the past decade, GNA Axles' Return-on-Tangible-Asset has ranged from 5.78 to 11.77. According to the industry distribution chart, GNA Axles ranks #206 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 15.4%.
Is GNA Axles' Return-on-Tangible-Asset too high?
GNA Axles' current Return-on-Tangible-Asset of 10.07% is 23% above median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 11.77. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. GNA Axles' value of 10.07% is 200.6% above this industry median. Based on the distribution chart, GNA Axles ranks #206 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, GNA Axles has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GNA Axles' Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, GNA Axles ranks #206 out of 1334 companies for Return-on-Tangible-Asset. This places GNA Axles in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.35. GNA Axles' value of 10.07% is 200.6% above this benchmark. Historically, GNA Axles' own Return-on-Tangible-Asset has ranged from 5.78 to 11.77 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 3.35, GNA Axles 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 1,334 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. GNA Axles's current Return-on-Tangible-Asset of 10.07% is 200.6% 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 GNA Axles 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. GNA Axles's current Return-on-Tangible-Asset is 10.07%, which is 23% above median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GNA Axles stock overvalued right now?
Based on GuruFocus' analysis, GNA Axles (NSE:GNA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹408.78, compared to a current price of ₹566.15 — trading 38.5% above its estimated fair value. The current Return-on-Tangible-Asset is 10.07%, which is 23% above median its 10-year median of 8.20 and 200.6% above the Vehicles & Parts industry median of 3.35. GNA Axles' overall GF Score™ is 82/100 with 8 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 GNA Axles (NSE:GNA), the current Return-on-Tangible-Asset is 10.07% 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 GNA Axles (NSE:GNA) Overvalued in 2026?
Based on GuruFocus' analysis, GNA Axles stock appears to be overvalued.
The current stock price of ₹566.15 is trading 38.5% above its estimated GF Value™ of ₹408.78.
GuruFocus considers GNA Axles to be Significantly Overvalued.
Key valuation signals for NSE:GNA:
Return-on-Tangible-Asset: 10.07% (23% above median its 10-year median of 8.20)
GF Value™: ₹408.78 vs. price of ₹566.15 (38.5% above fair value)
Industry Position: 200.6% above the Vehicles & Parts median (#206 of 1334)
No single metric tells the full story. See the NSE:GNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GNA Axles Ltd manufactures auto components for the four-wheeler industry, with rear axles, shafts, spindles, and other automobile components for sale in domestic and foreign markets. Its products include rear axle shafts, spindles, and drive shafts. The company operates in a single business segment of manufacturing automobile components and serves the Off-Highway and CV segments. Geographically, it operates in export and domestic markets, with the domestic market generating the majority of revenue.
82GF Score
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