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Western Carriers (India)NSE:WCIL +0.83%36 Return-on-Tangible-Asset is 2.81% as of Mar. 2026, which is 77% below its 10-year median of 12.34. GuruFocus rates NSE:WCIL with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 1,009 Transportation companies, Western Carriers (India) ranks worse than 52.03% 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. Western Carriers (India)'s annualizedNet Income for the quarter that ended in Mar. 2026 was ₹330 Mil. Western Carriers (India)'s average total tangible assets for the quarter that ended in Mar. 2026 was ₹11,744 Mil. Therefore, Western Carriers (India)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.81%.
The historical rank and industry rank for Western Carriers (India)'s Return-on-Tangible-Asset or its related term are showing as below:
NSE:WCIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.46 Med: 12.34 Max: 14.33
Current: 3.46
During the past 7 years, Western Carriers (India)'s highest Return-on-Tangible-Asset was 14.33%. The lowest was 3.46%. And the median was 12.34%.
NSE:WCIL's Return-on-Tangible-Asset is ranked worse than 52.03% of 1009
companies
in the Transportation industry
Industry Median: 3.76
vs NSE:WCIL: 3.46
Western Carriers (India) (NSE:WCIL) 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.
Western Carriers (India) Return-on-Tangible-Asset Related Terms
Western Carriers (India) Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Western Carriers (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.
Western Carriers (India) Return-on-Tangible-Asset Chart
NSE:WCIL vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, Western Carriers (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.
Western Carriers (India) Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Western Carriers (India)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Western Carriers (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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.81% mean?
Western Carriers (India) (NSE:WCIL) has a Return-on-Tangible-Asset of 2.81% 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 Western Carriers (India) and its competitors. This is 77% below median its historical median of 12.34. Over the past decade, Western Carriers (India)'s Return-on-Tangible-Asset has ranged from 3.46 to 14.33. According to the industry distribution chart, Western Carriers (India) ranks #525 out of 1009 companies in the Transportation industry, placing it in the top 52%.
Is Western Carriers (India)'s Return-on-Tangible-Asset too high?
Western Carriers (India)'s current Return-on-Tangible-Asset of 2.81% is 77% below median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 14.33. The Transportation industry median Return-on-Tangible-Asset is 3.76. Western Carriers (India)'s value of 2.81% is 25.3% below this industry median. Based on the distribution chart, Western Carriers (India) ranks #525 out of 1009 companies in the Transportation industry, which is below the industry midpoint. Overall, Western Carriers (India) has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Western Carriers (India)'s Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Western Carriers (India) ranks #525 out of 1009 companies for Return-on-Tangible-Asset. This places Western Carriers (India) in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.76. Western Carriers (India)'s value of 2.81% is 25.3% below this benchmark. Historically, Western Carriers (India)'s own Return-on-Tangible-Asset has ranged from 3.46 to 14.33 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 3.76, Western Carriers (India) has consistently been below 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 1,009 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. Western Carriers (India)'s current Return-on-Tangible-Asset of 2.81% is 25.3% below 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 Western Carriers (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. Western Carriers (India)'s current Return-on-Tangible-Asset is 2.81%, which is 77% below median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Carriers (India) stock overvalued right now?
Western Carriers (India) (NSE:WCIL) has a current Return-on-Tangible-Asset of 2.81%. The current Return-on-Tangible-Asset is 2.81%, which is 77% below median its 10-year median of 12.34 and 25.3% below the Transportation industry median of 3.76. Western Carriers (India)'s overall GF Score™ is 36/100 with 6 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 Western Carriers (India) (NSE:WCIL), the current Return-on-Tangible-Asset is 2.81% 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.
Western Carriers (India) Ltd is a private, asset-light 4PL logistics company focused on rail-based multi-modal transportation. With expertise in road, rail, and sea/river movement, it handles domestic and EXIM cargo across India. The company offers a comprehensive range of logistics services, including single window logistics, multimodal transport, rail and road transport, cargo handling, customs house agency, ocean and air freight, and warehousing. As a key player in the Indian logistics industry, the company provides integrated transportation, warehousing, and ancillary services to meet diverse customer needs.
36GF Score
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