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Le Travenues TechnologyNSE:IXIGO +2.14%40 Return-on-Tangible-Asset is 6.29% as of Mar. 2026, which is 5% below its 10-year median of 6.63. GuruFocus rates NSE:IXIGO with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 857 Travel & Leisure companies, Le Travenues Technology ranks better than 71.76% 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. Le Travenues Technology's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,279 Mil. Le Travenues Technology's average total tangible assets for the quarter that ended in Mar. 2026 was ₹20,334 Mil. Therefore, Le Travenues Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.29%.
The historical rank and industry rank for Le Travenues Technology's Return-on-Tangible-Asset or its related term are showing as below:
NSE:IXIGO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -96.6 Med: 6.63 Max: 22.84
Current: 6.42
During the past 8 years, Le Travenues Technology's highest Return-on-Tangible-Asset was 22.84%. The lowest was -96.60%. And the median was 6.63%.
NSE:IXIGO's Return-on-Tangible-Asset is ranked better than 71.76% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.83
vs NSE:IXIGO: 6.42
Le Travenues Technology (NSE:IXIGO) Return-on-Tangible-Asset Explanation
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.
Le Travenues Technology Return-on-Tangible-Asset Related Terms
Le Travenues Technology Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Le Travenues Technology'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.
Le Travenues Technology Return-on-Tangible-Asset Chart
NSE:IXIGO vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.29% mean?
Le Travenues Technology (NSE:IXIGO) has a Return-on-Tangible-Asset of 6.29% 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 Le Travenues Technology and its competitors. This is near median its historical median of 6.63. According to the industry distribution chart, Le Travenues Technology ranks #242 out of 857 companies in the Travel & Leisure industry, placing it in the top 28.2%.
Is Le Travenues Technology's Return-on-Tangible-Asset too high?
Le Travenues Technology's current Return-on-Tangible-Asset of 6.29% is near median its 10-year median of 6.63. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.83. Le Travenues Technology's value of 6.29% is 122.3% above this industry median. Based on the distribution chart, Le Travenues Technology ranks #242 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #242 out of 857 companies for Return-on-Tangible-Asset. This puts Le Travenues Technology in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.83. Le Travenues Technology's value of 6.29% is 122.3% above this benchmark. While the company's 10-year median is 6.63 vs. the industry median of 2.83, Le Travenues Technology 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.83, based on 857 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. Le Travenues Technology's current Return-on-Tangible-Asset of 6.29% is 122.3% 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 Le Travenues Technology and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Travenues Technology's current Return-on-Tangible-Asset is 6.29%, which is near median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Return-on-Tangible-Asset of 6.29%. The current Return-on-Tangible-Asset is 6.29%, which is near median its 10-year median of 6.63 and 122.3% above the Travel & Leisure industry median of 2.83. Le Travenues Technology's overall GF Score™ is 40/100 with 2 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 Le Travenues Technology (NSE:IXIGO), the current Return-on-Tangible-Asset is 6.29% 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.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
40GF Score
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