Atul Auto (BOM:531795) Return-on-Tangible-Equity: 6.58% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531795 Atul Auto Ltd BOM:531795
76 GF Score
Price ₹489.10
GF Value ₹676.04
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Atul Auto Return-on-Tangible-Equity?

Atul Auto BOM:531795 -0.74% 76 Return-on-Tangible-Equity is 6.58% as of Jun. 2026, which is 8% below its 10-year median of 7.13. GuruFocus rates BOM:531795 with a GF Score™ of 76/100 and a GF Value™ of ₹676.04 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Atul Auto ranks better than 58.52% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Atul Auto's annualized net income for the quarter that ended in Jun. 2026 was ₹317 Mil. Atul Auto's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹4,818 Mil. Therefore, Atul Auto's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 6.58%.

The historical rank and industry rank for Atul Auto's Return-on-Tangible-Equity or its related term are showing as below:

BOM:531795' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.67   Med: 7.13   Max: 23.66
Current: 10.34

During the past 13 years, Atul Auto's highest Return-on-Tangible-Equity was 23.66%. The lowest was -8.67%. And the median was 7.13%.

BOM:531795's Return-on-Tangible-Equity is ranked better than
58.52% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 8.04 vs BOM:531795: 10.34

Atul Auto  (BOM:531795) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Atul Auto Return-on-Tangible-Equity Related Terms


Atul Auto Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Atul Auto's Return-on-Tangible-Equity 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.

Atul Auto Return-on-Tangible-Equity Chart

Atul Auto Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.67 1.30 2.38 5.07 9.19

Atul Auto Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 8.14 13.63 12.28 6.58

BOM:531795 vs TSLA, GM, F: Return-on-Tangible-Equity Comparison

For the Auto Manufacturers subindustry, Atul Auto's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Atul Auto Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Atul Auto's Return-on-Tangible-Equity falls into.


BOM:531795
76GF Score
Atul Auto Ltd BOM:531795
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atul Auto Return-on-Tangible-Equity Calculation

Atul Auto's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=422.6/( (4380.7+4818.4 )/ 2 )
=422.6/4599.55
=9.19 %

Atul Auto's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=317.2/( (4818.4+0)/ 1 )
=317.2/4818.4
=6.58 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.58% mean?
Atul Auto (BOM:531795) has a Return-on-Tangible-Equity of 6.58% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atul Auto and its competitors. This is near median its historical median of 7.13. According to the industry distribution chart, Atul Auto ranks #533 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 41.5%.
Is Atul Auto's Return-on-Tangible-Equity too high?
Atul Auto's current Return-on-Tangible-Equity of 6.58% is near median its 10-year median of 7.13. The Vehicles & Parts industry median Return-on-Tangible-Equity is 8.04. Atul Auto's value of 6.58% is 18.2% below this industry median. Based on the distribution chart, Atul Auto ranks #533 out of 1285 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Atul Auto has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atul Auto's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Atul Auto ranks #533 out of 1285 companies for Return-on-Tangible-Equity. This puts Atul Auto in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.04. Atul Auto's value of 6.58% is 18.2% below this benchmark. While the company's 10-year median is 7.13 vs. the industry median of 8.04, Atul Auto 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-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 8.04, based on 1,285 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atul Auto's current Return-on-Tangible-Equity of 6.58% is 18.2% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atul Auto and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atul Auto's current Return-on-Tangible-Equity is 6.58%, which is near median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atul Auto stock overvalued right now?
Based on GuruFocus' analysis, Atul Auto (BOM:531795) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹676.04, compared to a current price of ₹489.10 — trading 27.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.58%, which is near median its 10-year median of 7.13 and 18.2% below the Vehicles & Parts industry median of 8.04. Atul Auto's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Atul Auto (BOM:531795), the current Return-on-Tangible-Equity is 6.58% 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 Atul Auto (BOM:531795) Overvalued in 2026?

Based on GuruFocus' analysis, Atul Auto stock appears to be undervalued. The current stock price of ₹489.10 is trading 27.7% below its estimated GF Value™ of ₹676.04. GuruFocus considers Atul Auto to be Modestly Undervalued.

Key valuation signals for BOM:531795:

  • Return-on-Tangible-Equity: 6.58% (near median its 10-year median of 7.13)
  • GF Value™: ₹676.04 vs. price of ₹489.10 (27.7% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 18.2% below the Vehicles & Parts median (#533 of 1285)

No single metric tells the full story. See the BOM:531795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atul Auto Business Description

Other Exchanges ATULAUTO:India
Address National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1-4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. The company manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the the segments namely Automotive Business and Non-Banking Financial Business.
76GF Score

Get the complete analysis for BOM:531795

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹489.10
Price
₹676.04
GF Value