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.
Ola Electric MobilityNSE:OLAELEC -0.43%28 Return-on-Tangible-Asset is -29.63% as of Mar. 2026. GuruFocus rates NSE:OLAELEC with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Ola Electric Mobility ranks worse than 94.97% 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. Ola Electric Mobility's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-20,000 Mil. Ola Electric Mobility's average total tangible assets for the quarter that ended in Mar. 2026 was ₹67,490 Mil. Therefore, Ola Electric Mobility's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -29.63%.
The historical rank and industry rank for Ola Electric Mobility's Return-on-Tangible-Asset or its related term are showing as below:
NSE:OLAELEC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -28.9 Med: -24.19 Max: -9.84
Current: -21.58
During the past 6 years, Ola Electric Mobility's highest Return-on-Tangible-Asset was -9.84%. The lowest was -28.90%. And the median was -24.19%.
NSE:OLAELEC's Return-on-Tangible-Asset is ranked worse than 94.97% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs NSE:OLAELEC: -21.58
Ola Electric Mobility (NSE:OLAELEC) 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.
Ola Electric Mobility Return-on-Tangible-Asset Related Terms
Ola Electric Mobility Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ola Electric Mobility'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.
Ola Electric Mobility Return-on-Tangible-Asset Chart
NSE:OLAELEC vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Ola Electric Mobility'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.
Ola Electric Mobility Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ola Electric Mobility's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ola Electric Mobility'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 -29.63% mean?
Ola Electric Mobility (NSE:OLAELEC) has a Return-on-Tangible-Asset of -29.63% 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 Ola Electric Mobility and its competitors. According to the industry distribution chart, Ola Electric Mobility ranks #1264 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 95%.
Is Ola Electric Mobility's Return-on-Tangible-Asset too high?
Ola Electric Mobility's current Return-on-Tangible-Asset is -29.63%. Based on the distribution chart, Ola Electric Mobility ranks #1264 out of 1331 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ola Electric Mobility has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ola Electric Mobility's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ola Electric Mobility ranks #1264 out of 1331 companies for Return-on-Tangible-Asset. This places Ola Electric Mobility in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.16. 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 3.16, based on 1,331 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. 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 Ola Electric Mobility and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ola Electric Mobility's current Return-on-Tangible-Asset is -29.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ola Electric Mobility stock overvalued right now?
Ola Electric Mobility (NSE:OLAELEC) has a current Return-on-Tangible-Asset of -29.63%. The current Return-on-Tangible-Asset is -29.63%. Ola Electric Mobility's overall GF Score™ is 28/100 with 4 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 Ola Electric Mobility (NSE:OLAELEC), the current Return-on-Tangible-Asset is -29.63% 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.
Ola Electric Mobility Ltd is a pure EV player in India and is building vertically integrated technology and manufacturing capabilities for EVs and EV components, including cells. The company manufactures EVs and certain core EV components like battery packs, motors and vehicle frames at the Ola Futurefactory. Its business focuses on capturing the opportunity arising out of electrification of mobility in India and it also seeks opportunities to export its EVs in select international markets in the future.
28GF Score
Get the complete analysis for NSE:OLAELEC
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:OLAELEC has been successfully added to your 
