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Zeal Global ServicesNSE:ZEAL -3.79%78 Return-on-Tangible-Asset is 10.55% as of Mar. 2026, which is 25% below its 10-year median of 14.14. GuruFocus rates NSE:ZEAL with a GF Score™ of 78/100 and a GF Value™ of ₹202.75 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,010 Transportation companies, Zeal Global Services ranks better than 82.87% 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. Zeal Global Services's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹131 Mil. Zeal Global Services's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,237 Mil. Therefore, Zeal Global Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.55%.
The historical rank and industry rank for Zeal Global Services's Return-on-Tangible-Asset or its related term are showing as below:
NSE:ZEAL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.74 Med: 14.14 Max: 28.4
Current: 9.15
During the past 7 years, Zeal Global Services's highest Return-on-Tangible-Asset was 28.40%. The lowest was 5.74%. And the median was 14.14%.
NSE:ZEAL's Return-on-Tangible-Asset is ranked better than 82.87% of 1010
companies
in the Transportation industry
Industry Median: 3.775
vs NSE:ZEAL: 9.15
Zeal Global Services (NSE:ZEAL) 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.
Zeal Global Services Return-on-Tangible-Asset Related Terms
Zeal Global Services Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zeal Global 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.
Zeal Global Services Return-on-Tangible-Asset Chart
NSE:ZEAL vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison
For the Integrated Freight & Logistics subindustry, Zeal Global 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.
Zeal Global Services Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Zeal Global Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zeal Global Services'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. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.55% mean?
Zeal Global Services (NSE:ZEAL) has a Return-on-Tangible-Asset of 10.55% 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 Zeal Global Services and its competitors. This is 25% below median its historical median of 14.14. Over the past decade, Zeal Global Services' Return-on-Tangible-Asset has ranged from 5.74 to 28.40. According to the industry distribution chart, Zeal Global Services ranks #173 out of 1010 companies in the Transportation industry, placing it in the top 17.1%.
Is Zeal Global Services' Return-on-Tangible-Asset too high?
Zeal Global Services' current Return-on-Tangible-Asset of 10.55% is 25% below median its 10-year median of 14.14. Over the past 10 years, this metric has ranged from a low of 5.74 to a high of 28.40. The Transportation industry median Return-on-Tangible-Asset is 3.78. Zeal Global Services' value of 10.55% is 179.5% above this industry median. Based on the distribution chart, Zeal Global Services ranks #173 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Zeal Global Services has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #173 out of 1010 companies for Return-on-Tangible-Asset. This places Zeal Global Services in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.78. Zeal Global Services' value of 10.55% is 179.5% above this benchmark. Historically, Zeal Global Services' own Return-on-Tangible-Asset has ranged from 5.74 to 28.40 over the past decade. While the company's 10-year median is 14.14 vs. the industry median of 3.78, Zeal Global Services 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 3.78, 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. Zeal Global Services's current Return-on-Tangible-Asset of 10.55% is 179.5% 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 Zeal Global Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Return-on-Tangible-Asset is 10.55%, which is 25% below median its own 10-year median of 14.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹202.75, compared to a current price of ₹63.50 — trading 68.7% below its estimated fair value. The current Return-on-Tangible-Asset is 10.55%, which is 25% below median its 10-year median of 14.14 and 179.5% above the Transportation industry median of 3.78. Zeal Global Services' overall GF Score™ is 78/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Return-on-Tangible-Asset is 10.55% 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.
Is Zeal Global Services (NSE:ZEAL) Overvalued in 2026?
Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued.
The current stock price of ₹63.50 is trading 68.7% below its estimated GF Value™ of ₹202.75.
GuruFocus considers Zeal Global Services to be Possible Value Trap.
Key valuation signals for NSE:ZEAL:
Return-on-Tangible-Asset: 10.55% (25% below median its 10-year median of 14.14)
GF Value™: ₹202.75 vs. price of ₹63.50 (68.7% below fair value)
Industry Position: 179.5% above the Transportation median (#173 of 1010)
No single metric tells the full story. See the NSE:ZEAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
78GF Score
Get the complete analysis for NSE:ZEAL
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