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JBM Auto (NSE:JBMA) Return-on-Tangible-Asset : 4.73% (As of Mar. 2025)


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What is JBM Auto Return-on-Tangible-Asset?

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. JBM Auto's annualized Net Income for the quarter that ended in Mar. 2025 was ₹2,654 Mil. JBM Auto's average total tangible assets for the quarter that ended in Mar. 2025 was ₹56,107 Mil. Therefore, JBM Auto's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 4.73%.

The historical rank and industry rank for JBM Auto's Return-on-Tangible-Asset or its related term are showing as below:

NSE:JBMA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.35   Med: 4.39   Max: 6.05
Current: 4

During the past 13 years, JBM Auto's highest Return-on-Tangible-Asset was 6.05%. The lowest was 2.35%. And the median was 4.39%.

NSE:JBMA's Return-on-Tangible-Asset is ranked better than
57.1% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.06 vs NSE:JBMA: 4.00

JBM Auto Return-on-Tangible-Asset Historical Data

The historical data trend for JBM Auto'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.

* Premium members only.

JBM Auto Return-on-Tangible-Asset Chart

JBM Auto Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 5.81 3.90 4.51 3.95

JBM Auto Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.84 2.90 4.04 4.29 4.73

Competitive Comparison of JBM Auto's Return-on-Tangible-Asset

For the Auto Parts subindustry, JBM Auto'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.


JBM Auto's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JBM Auto's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where JBM Auto's Return-on-Tangible-Asset falls into.


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JBM Auto Return-on-Tangible-Asset Calculation

JBM Auto's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=2019.1/( (46054.741+56107)/ 2 )
=2019.1/51080.8705
=3.95 %

JBM Auto's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2653.6/( (0+56107)/ 1 )
=2653.6/56107
=4.73 %

* 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. 2025) net income data.


JBM Auto  (NSE:JBMA) 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 company’s 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 company’s 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.


JBM Auto Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of JBM Auto's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


JBM Auto Business Description

Traded in Other Exchanges
Address
Plot No. 9, Institutional Area, Sector 44, Gurgaon, HR, IND, 122003
JBM Auto Ltd is an auto parts manufacturing company. It manufactures auto components, toolings, and buses in the country. The group's products include Air tank BIW parts and assemblies, Chassis and suspension parts, Cross-car beams, Cross truck beams, Cross members, Fabrications, Shields, Blanks, Tools, Jigs, Fixtures, and others. The business segments of the company are Sheet Metal Components, Assemblies & Sub-assemblies (Component Division), Tools, Dies & Moulds (Tool Room Division); OEM Division, and others. It generates maximum revenue from the Component Division segment which is engaged in the business of manufacturing automobile parts for commercial and passenger vehicles.

JBM Auto Headlines

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