Rapid Fleet Management Services (NSE:RAPIDFLEET) Return-on-Tangible-Asset: 5.92% (As of Mar. 2025)

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NSE:RAPIDFLEET Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
18 GF Score
Price ₹176.00
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What is Rapid Fleet Management Services Return-on-Tangible-Asset?

Rapid Fleet Management Services NSE:RAPIDFLEET 18 Return-on-Tangible-Asset is 5.92% as of Mar. 2025. GuruFocus rates NSE:RAPIDFLEET with a GF Score™ of 18/100.

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. Rapid Fleet Management Services's annualized Net Income for the quarter that ended in Mar. 2025 was ₹65 Mil. Rapid Fleet Management Services's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,103 Mil. Therefore, Rapid Fleet Management Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.92%.

The historical rank and industry rank for Rapid Fleet Management Services's Return-on-Tangible-Asset or its related term are showing as below:

NSE:RAPIDFLEET's Return-on-Tangible-Asset is not ranked *
in the Transportation industry.
Industry Median: 3.76
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Rapid Fleet Management Services  (NSE:RAPIDFLEET) 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.


Rapid Fleet Management Services Return-on-Tangible-Asset Related Terms


Rapid Fleet Management Services Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rapid Fleet Management Services'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.

Rapid Fleet Management Services Return-on-Tangible-Asset Chart

Rapid Fleet Management Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
4.51 6.40 11.33 10.82

Rapid Fleet Management Services Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Return-on-Tangible-Asset 0.00 0.00 0.00 16.31 5.92

NSE:RAPIDFLEET vs ODFL, XPO, SAIA: Return-on-Tangible-Asset Comparison

For the Trucking subindustry, Rapid Fleet Management Services'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.


Rapid Fleet Management Services Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Rapid Fleet Management Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Rapid Fleet Management Services's Return-on-Tangible-Asset falls into.


NSE:RAPIDFLEET
18GF Score
Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Rapid Fleet Management Services Return-on-Tangible-Asset Calculation

Rapid Fleet Management Services'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 )
=102.797/( (706.615+1193.092)/ 2 )
=102.797/949.8535
=10.82 %

Rapid Fleet Management Services'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: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=65.326/( (1012.99+1193.092)/ 2 )
=65.326/1103.041
=5.92 %

* 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 two times the semi-annual (Mar. 2025) net income data.

What does a Return-on-Tangible-Asset of 5.92% mean?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a Return-on-Tangible-Asset of 5.92% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Rapid Fleet Management Services and its competitors.
Is Rapid Fleet Management Services' Return-on-Tangible-Asset too high?
Rapid Fleet Management Services' current Return-on-Tangible-Asset is 5.92%. The Transportation industry median Return-on-Tangible-Asset is 3.76. Rapid Fleet Management Services' value of 5.92% is 57.4% above this industry median. Overall, Rapid Fleet Management Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rapid Fleet Management Services' Return-on-Tangible-Asset compare to ODFL and XPO?
Rapid Fleet Management Services' Return-on-Tangible-Asset of 5.92% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Asset is 3.76. Rapid Fleet Management Services' value of 5.92% is 57.4% above this benchmark. 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,011 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. Rapid Fleet Management Services's current Return-on-Tangible-Asset of 5.92% is 57.4% 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 Rapid Fleet Management Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rapid Fleet Management Services's current Return-on-Tangible-Asset is 5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapid Fleet Management Services stock overvalued right now?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a current Return-on-Tangible-Asset of 5.92%. The current Return-on-Tangible-Asset is 5.92% and 57.4% above the Transportation industry median of 3.76. Rapid Fleet Management Services' overall GF Score™ is 18/100. 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 Rapid Fleet Management Services (NSE:RAPIDFLEET), the current Return-on-Tangible-Asset is 5.92% as of Mar. 2025. 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.

Rapid Fleet Management Services Business Description

Address Coral Merchant Street, Kanaga Saraswathi Towers NO: 5/9, 2nd Floor, Chennai, TN, IND, 600 001
Rapid Fleet Management Services Ltd is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of its B2B and B2C clientele. The company is engaged in road transportation. Its process begins with order booking, followed by route planning to optimize efficiency. The company own a fleet of trucks, it own approximately 226 Vehicles, which is been used by the company to provide logistics services. It serves a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals.
18GF Score

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