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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. Voler Car's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹40.3 Mil. Voler Car's average total tangible assets for the quarter that ended in Mar. 2025 was ₹310.6 Mil. Therefore, Voler Car's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 12.96%.
The historical rank and industry rank for Voler Car's Return-on-Tangible-Asset or its related term are showing as below:
NSE:VOLERCAR's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 4.385 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Voler Car (NSE:VOLERCAR) 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.
Voler Car Return-on-Tangible-Asset Related Terms
Voler Car Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Voler Car'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.
Voler Car Return-on-Tangible-Asset Chart
Voler Car Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
6.83
17.10
74.50
16.52
Voler Car Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Return-on-Tangible-Asset
0.00
0.00
0.00
34.27
12.96
NSE:VOLERCAR vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, Voler Car'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.
Voler Car Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Voler Car's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Voler Car'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 two times the semi-annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.96% mean?
Voler Car (NSE:VOLERCAR) has a Return-on-Tangible-Asset of 12.96% 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 Voler Car and its competitors.
Is Voler Car's Return-on-Tangible-Asset too high?
Voler Car's current Return-on-Tangible-Asset is 12.96%. The Business Services industry median Return-on-Tangible-Asset is 4.39. Voler Car's value of 12.96% is 195.6% above this industry median. Overall, Voler Car has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Voler Car's Return-on-Tangible-Asset compare to URI and SUNB?
Voler Car's Return-on-Tangible-Asset of 12.96% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Asset is 4.39. Voler Car's value of 12.96% is 195.6% 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.39, based on 1,086 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. Voler Car's current Return-on-Tangible-Asset of 12.96% is 195.6% 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 Voler Car and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voler Car's current Return-on-Tangible-Asset is 12.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voler Car stock overvalued right now?
Voler Car (NSE:VOLERCAR) has a current Return-on-Tangible-Asset of 12.96%. The current Return-on-Tangible-Asset is 12.96% and 195.6% above the Business Services industry median of 4.39. Voler Car's overall GF Score™ is 19/100. 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 Voler Car (NSE:VOLERCAR), the current Return-on-Tangible-Asset is 12.96% 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.
Voler Car Ltd is engaged in the business of public carriers, transporters and passenger transportation services. The company is into business of road transport, to own, run, operate, manage buses, coaches, motor vehicles, tankers trailers, oil containers, wagons, lorries, cars, and all kinds of vehicles for providing facility to passengers of all categories, staff of different organisations.
19GF Score
Get the complete analysis for NSE:VOLERCAR
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