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Orient Electric (NSE:ORIENTELEC) Return-on-Tangible-Asset : 8.11% (As of Mar. 2025)


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What is Orient Electric 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. Orient Electric's annualized Net Income for the quarter that ended in Mar. 2025 was ₹1,250 Mil. Orient Electric's average total tangible assets for the quarter that ended in Mar. 2025 was ₹15,418 Mil. Therefore, Orient Electric's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.11%.

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

NSE:ORIENTELEC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.59   Med: 8.29   Max: 11.48
Current: 5.72

During the past 9 years, Orient Electric's highest Return-on-Tangible-Asset was 11.48%. The lowest was 5.59%. And the median was 8.29%.

NSE:ORIENTELEC's Return-on-Tangible-Asset is ranked better than
67.12% of 438 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.97 vs NSE:ORIENTELEC: 5.72

Orient Electric Return-on-Tangible-Asset Historical Data

The historical data trend for Orient Electric'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.

Orient Electric Return-on-Tangible-Asset Chart

Orient Electric Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 11.48 11.00 6.30 5.62 5.59

Orient Electric 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 3.57 4.00 3.01 7.83 8.11

Competitive Comparison of Orient Electric's Return-on-Tangible-Asset

For the Furnishings, Fixtures & Appliances subindustry, Orient Electric'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.


Orient Electric's Return-on-Tangible-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Orient Electric's Return-on-Tangible-Asset distribution charts can be found below:

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


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Orient Electric Return-on-Tangible-Asset Calculation

Orient Electric'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 )
=832.1/( (14343.1+15418.3)/ 2 )
=832.1/14880.7
=5.59 %

Orient Electric'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 )
=1250.4/( (0+15418.3)/ 1 )
=1250.4/15418.3
=8.11 %

* 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.


Orient Electric  (NSE:ORIENTELEC) 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.


Orient Electric Return-on-Tangible-Asset Related Terms

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Orient Electric Business Description

Traded in Other Exchanges
Address
240, Okhla Industrial Estate, Phase - III, New Delhi, IND, 110020
Orient Electric Ltd is a consumer electrical manufacturer. The company's operating segment includes Electrical Consumer Durables and Lighting and Switchgear. It generates maximum revenue from the Electrical Consumer Durables segment which consists of the manufacture/purchase and sale of Electric Fans; ceiling, portable, and airflow, along with components and accessories, and Appliances; coolers, geysers, home appliances, and others. Geographically, the company generates a majority of its revenue within India and the rest from other regions.

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