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North Eastern CarryingBOM:534615 +2.44%69 Return-on-Tangible-Equity is 1.25% as of Mar. 2026, which is 77% below its 10-year median of 5.33. GuruFocus rates BOM:534615 with a GF Score™ of 69/100 and a GF Value™ of ₹18.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 976 Transportation companies, North Eastern Carrying ranks worse than 72.64% 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. North Eastern Carrying's annualized net income for the quarter that ended in Mar. 2026 was ₹28 Mil. North Eastern Carrying's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,244 Mil. Therefore, North Eastern Carrying's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.25%.
The historical rank and industry rank for North Eastern Carrying's Return-on-Tangible-Equity or its related term are showing as below:
BOM:534615'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.61 Med: 5.33 Max: 7.96
Current: 3.5
During the past 13 years, North Eastern Carrying's highest Return-on-Tangible-Equity was 7.96%. The lowest was 1.61%. And the median was 5.33%.
BOM:534615's Return-on-Tangible-Equity is ranked worse than 72.64% of 976
companies
in the Transportation industry
Industry Median: 8.87
vs BOM:534615: 3.50
North Eastern Carrying (BOM:534615) 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.
North Eastern Carrying Return-on-Tangible-Equity Related Terms
North Eastern Carrying Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for North Eastern Carrying'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.
North Eastern Carrying Return-on-Tangible-Equity Chart
BOM:534615 vs ODFL, XPO, KNX: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, North Eastern Carrying'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.
North Eastern Carrying Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, North Eastern Carrying's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where North Eastern Carrying's Return-on-Tangible-Equity 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-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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.25% mean?
North Eastern Carrying (BOM:534615) has a Return-on-Tangible-Equity of 1.25% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on North Eastern Carrying and its competitors. This is 77% below median its historical median of 5.33. Over the past decade, North Eastern Carrying's Return-on-Tangible-Equity has ranged from 1.61 to 7.96. According to the industry distribution chart, North Eastern Carrying ranks #709 out of 976 companies in the Transportation industry, placing it in the top 72.6%.
Is North Eastern Carrying's Return-on-Tangible-Equity too high?
North Eastern Carrying's current Return-on-Tangible-Equity of 1.25% is 77% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 7.96. The Transportation industry median Return-on-Tangible-Equity is 8.87. North Eastern Carrying's value of 1.25% is 85.9% below this industry median. Based on the distribution chart, North Eastern Carrying ranks #709 out of 976 companies in the Transportation industry, which is below the industry midpoint. Overall, North Eastern Carrying has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Eastern Carrying's Return-on-Tangible-Equity compare to ODFL and XPO?
According to the Transportation industry distribution chart, North Eastern Carrying ranks #709 out of 976 companies for Return-on-Tangible-Equity. This places North Eastern Carrying in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.87. North Eastern Carrying's value of 1.25% is 85.9% below this benchmark. Historically, North Eastern Carrying's own Return-on-Tangible-Equity has ranged from 1.61 to 7.96 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 8.87, North Eastern Carrying 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.87, based on 976 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. North Eastern Carrying's current Return-on-Tangible-Equity of 1.25% is 85.9% 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 North Eastern Carrying and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Eastern Carrying's current Return-on-Tangible-Equity is 1.25%, which is 77% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Eastern Carrying stock overvalued right now?
Based on GuruFocus' analysis, North Eastern Carrying (BOM:534615) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹18.08, compared to a current price of ₹15.53 — trading 14.1% below its estimated fair value. The current Return-on-Tangible-Equity is 1.25%, which is 77% below median its 10-year median of 5.33 and 85.9% below the Transportation industry median of 8.87. North Eastern Carrying's overall GF Score™ is 69/100 with 5 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 North Eastern Carrying (BOM:534615), the current Return-on-Tangible-Equity is 1.25% 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 North Eastern Carrying (BOM:534615) Overvalued in 2026?
Based on GuruFocus' analysis, North Eastern Carrying stock appears to be undervalued.
The current stock price of ₹15.53 is trading 14.1% below its estimated GF Value™ of ₹18.08.
GuruFocus considers North Eastern Carrying to be Modestly Undervalued.
Key valuation signals for BOM:534615:
Return-on-Tangible-Equity: 1.25% (77% below median its 10-year median of 5.33)
GF Value™: ₹18.08 vs. price of ₹15.53 (14.1% below fair value)
Industry Position: 85.9% below the Transportation median (#709 of 976)
No single metric tells the full story. See the BOM:534615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The Company offers freight management and customized logistics solutions. the company also offers Parcel load movement, Full truckload services, containerized movement of cargo, ODC Movement, Bulk Movement: Storage facility, and other transport-related services. Geographically, the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.
69GF Score
Get the complete analysis for BOM:534615
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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