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Transport of IndiaNSE:TCI -1.71%86 Return-on-Tangible-Asset is 12.15% as of Jun. 2026, which is 2% above its 10-year median of 11.91. GuruFocus rates NSE:TCI with a GF Score™ of 86/100 and a GF Value™ of ₹1,169.78 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,010 Transportation companies, Transport of India ranks better than 92.67% 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. Transport of India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹4,228 Mil. Transport of India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹34,795 Mil. Therefore, Transport of India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.15%.
The historical rank and industry rank for Transport of India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:TCI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.06 Med: 11.91 Max: 16.27
Current: 14.44
During the past 13 years, Transport of India's highest Return-on-Tangible-Asset was 16.27%. The lowest was 7.06%. And the median was 11.91%.
NSE:TCI's Return-on-Tangible-Asset is ranked better than 92.67% of 1010
companies
in the Transportation industry
Industry Median: 3.76
vs NSE:TCI: 14.44
Transport of India (NSE:TCI) 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.
Transport of India Return-on-Tangible-Asset Related Terms
Transport of India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Transport of India'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:TCI vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, Transport of India'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.
Transport of India Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Transport of India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Transport of India'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.15% mean?
Transport of India (NSE:TCI) has a Return-on-Tangible-Asset of 12.15% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Transport of India and its competitors. This is near median its historical median of 11.91. Over the past decade, Transport of India's Return-on-Tangible-Asset has ranged from 7.06 to 16.27. According to the industry distribution chart, Transport of India ranks #74 out of 1010 companies in the Transportation industry, placing it in the top 7.3%.
Is Transport of India's Return-on-Tangible-Asset too high?
Transport of India's current Return-on-Tangible-Asset of 12.15% is near median its 10-year median of 11.91. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 16.27. The Transportation industry median Return-on-Tangible-Asset is 3.76. Transport of India's value of 12.15% is 223.1% above this industry median. Based on the distribution chart, Transport of India ranks #74 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Transport of India has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transport of India's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Transport of India ranks #74 out of 1010 companies for Return-on-Tangible-Asset. This places Transport of India in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.76. Transport of India's value of 12.15% is 223.1% above this benchmark. Historically, Transport of India's own Return-on-Tangible-Asset has ranged from 7.06 to 16.27 over the past decade. While the company's 10-year median is 11.91 vs. the industry median of 3.76, Transport of India 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 a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,010 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. Transport of India's current Return-on-Tangible-Asset of 12.15% is 223.1% 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 Transport of India 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. Transport of India's current Return-on-Tangible-Asset is 12.15%, which is near median its own 10-year median of 11.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport of India stock overvalued right now?
Based on GuruFocus' analysis, Transport of India (NSE:TCI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,169.78, compared to a current price of ₹914.60 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Asset is 12.15%, which is near median its 10-year median of 11.91 and 223.1% above the Transportation industry median of 3.76. Transport of India's overall GF Score™ is 86/100 with 1 warning sign 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 Transport of India (NSE:TCI), the current Return-on-Tangible-Asset is 12.15% as of Jun. 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 Transport of India (NSE:TCI) Overvalued in 2026?
Based on GuruFocus' analysis, Transport of India stock appears to be undervalued.
The current stock price of ₹914.60 is trading 21.8% below its estimated GF Value™ of ₹1,169.78.
GuruFocus considers Transport of India to be Modestly Undervalued.
Key valuation signals for NSE:TCI:
Return-on-Tangible-Asset: 12.15% (near median its 10-year median of 11.91)
GF Value™: ₹1,169.78 vs. price of ₹914.60 (21.8% below fair value)
Industry Position: 223.1% above the Transportation median (#74 of 1010)
No single metric tells the full story. See the NSE:TCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transport Corp of India Ltd is an integrated logistics and supply chain solutions provider. The company's operating segment includes Freight, Supply Chain Solutions, Seaways, and Energy. It generates maximum revenue from the Freight Division segment. The Company derives revenues from the business of freight, logistics services (comprising of supply chain management, warehousing, and allied services), and the sale of power. Geographically, it operates only in India.
86GF Score
Get the complete analysis for NSE:TCI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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