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.
Kirloskar Oil EnginesNSE:KIRLOSENG -3.88%73 Return-on-Tangible-Asset is 6.07% as of Mar. 2026, which is 4% below its 10-year median of 6.33. GuruFocus rates NSE:KIRLOSENG with a GF Score™ of 73/100 and a GF Value™ of ₹1,206.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Kirloskar Oil Engines ranks better than 65.55% 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. Kirloskar Oil Engines's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹6,344 Mil. Kirloskar Oil Engines's average total tangible assets for the quarter that ended in Mar. 2026 was ₹104,539 Mil. Therefore, Kirloskar Oil Engines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.07%.
The historical rank and industry rank for Kirloskar Oil Engines's Return-on-Tangible-Asset or its related term are showing as below:
NSE:KIRLOSENG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.24 Med: 6.33 Max: 9.71
Current: 5.58
During the past 13 years, Kirloskar Oil Engines's highest Return-on-Tangible-Asset was 9.71%. The lowest was 4.24%. And the median was 6.33%.
NSE:KIRLOSENG's Return-on-Tangible-Asset is ranked better than 65.55% of 3074
companies
in the Industrial Products industry
Industry Median: 3.25
vs NSE:KIRLOSENG: 5.58
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.
Kirloskar Oil Engines Return-on-Tangible-Asset Related Terms
Kirloskar Oil Engines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kirloskar Oil Engines'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:KIRLOSENG vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Kirloskar Oil Engines'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.
Kirloskar Oil Engines Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kirloskar Oil Engines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kirloskar Oil Engines'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 6.07% mean?
Kirloskar Oil Engines (NSE:KIRLOSENG) has a Return-on-Tangible-Asset of 6.07% 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 Kirloskar Oil Engines and its competitors. This is near median its historical median of 6.33. Over the past decade, Kirloskar Oil Engines' Return-on-Tangible-Asset has ranged from 4.24 to 9.71. According to the industry distribution chart, Kirloskar Oil Engines ranks #1059 out of 3074 companies in the Industrial Products industry, placing it in the top 34.5%.
Is Kirloskar Oil Engines' Return-on-Tangible-Asset too high?
Kirloskar Oil Engines' current Return-on-Tangible-Asset of 6.07% is near median its 10-year median of 6.33. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 9.71. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Kirloskar Oil Engines' value of 6.07% is 86.8% above this industry median. Based on the distribution chart, Kirloskar Oil Engines ranks #1059 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kirloskar Oil Engines has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Oil Engines' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Oil Engines ranks #1059 out of 3074 companies for Return-on-Tangible-Asset. This puts Kirloskar Oil Engines in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Kirloskar Oil Engines' value of 6.07% is 86.8% above this benchmark. Historically, Kirloskar Oil Engines' own Return-on-Tangible-Asset has ranged from 4.24 to 9.71 over the past decade. While the company's 10-year median is 6.33 vs. the industry median of 3.25, Kirloskar Oil Engines 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.25, based on 3,074 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. Kirloskar Oil Engines's current Return-on-Tangible-Asset of 6.07% is 86.8% 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 Kirloskar Oil Engines and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirloskar Oil Engines's current Return-on-Tangible-Asset is 6.07%, which is near median its own 10-year median of 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Oil Engines stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Oil Engines (NSE:KIRLOSENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,206.15, compared to a current price of ₹2,161.70 — trading 79.2% above its estimated fair value. The current Return-on-Tangible-Asset is 6.07%, which is near median its 10-year median of 6.33 and 86.8% above the Industrial Products industry median of 3.25. Kirloskar Oil Engines' overall GF Score™ is 73/100 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 Kirloskar Oil Engines (NSE:KIRLOSENG), the current Return-on-Tangible-Asset is 6.07% 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.
Is Kirloskar Oil Engines (NSE:KIRLOSENG) Overvalued in 2026?
Based on GuruFocus' analysis, Kirloskar Oil Engines stock appears to be overvalued.
The current stock price of ₹2,161.70 is trading 79.2% above its estimated GF Value™ of ₹1,206.15.
GuruFocus considers Kirloskar Oil Engines to be Significantly Overvalued.
Key valuation signals for NSE:KIRLOSENG:
Return-on-Tangible-Asset: 6.07% (near median its 10-year median of 6.33)
GF Value™: ₹1,206.15 vs. price of ₹2,161.70 (79.2% above fair value)
Industry Position: 86.8% above the Industrial Products median (#1059 of 3074)
No single metric tells the full story. See the NSE:KIRLOSENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirloskar Oil Engines Ltd is an India-based company that, along with its subsidiaries, engages in the business of manufacturing engines, generating sets, pump sets, power tillers, spares thereof, and Financial services. The company's products are used in various industries, including Airports, Agriculture, Construction & Infrastructure, Defence, Food & Beverage, Healthcare, Hospitality, and others. Its operating reportable segments are: B2B, B2C, and Financial Services. Maximum revenue is generated from its B2B segment, which includes the power solutions space, offering a wide including internal combustion engines, fuel-agnostic gensets, and customised power systems. Geographically, the majority of the company's revenue is generated in India, and the rest from other countries.
73GF Score
Get the complete analysis for NSE:KIRLOSENG
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:KIRLOSENG has been successfully added to your 
