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. Atlas Battery's annualized net income for the quarter that ended in Mar. 2026 was ₨-199 Mil. Atlas Battery's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨7,929 Mil. Therefore, Atlas Battery's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.51%.
The historical rank and industry rank for Atlas Battery's Return-on-Tangible-Equity or its related term are showing as below:
KAR:ATBA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.84 Med: 14.33 Max: 33.11
Current: 0.99
During the past 13 years, Atlas Battery's highest Return-on-Tangible-Equity was 33.11%. The lowest was -10.84%. And the median was 14.33%.
KAR:ATBA's Return-on-Tangible-Equity is ranked worse than 76.09% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs KAR:ATBA: 0.99
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.
Atlas Battery Return-on-Tangible-Equity Related Terms
Atlas Battery Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Atlas Battery'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.
KAR:ATBA vs ORLY, AZO, GPC: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Atlas Battery'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.
Atlas Battery Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Battery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Atlas Battery'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 -2.51% mean?
Atlas Battery (KAR:ATBA) has a Return-on-Tangible-Equity of -2.51% 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 Atlas Battery and its competitors. According to the industry distribution chart, Atlas Battery ranks #977 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 76.1%.
Is Atlas Battery's Return-on-Tangible-Equity too high?
Atlas Battery's current Return-on-Tangible-Equity is -2.51%. Based on the distribution chart, Atlas Battery ranks #977 out of 1284 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Atlas Battery has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Battery's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Atlas Battery ranks #977 out of 1284 companies for Return-on-Tangible-Equity. This places Atlas Battery in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.48. 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 7.48, based on 1,284 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. 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 Atlas Battery and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Battery's current Return-on-Tangible-Equity is -2.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Battery stock overvalued right now?
Based on GuruFocus' analysis, Atlas Battery (KAR:ATBA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨248.28, compared to a current price of ₨218.83 — trading 11.9% below its estimated fair value. The current Return-on-Tangible-Equity is -2.51%. Atlas Battery's overall GF Score™ is 65/100 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 Atlas Battery (KAR:ATBA), the current Return-on-Tangible-Equity is -2.51% 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 Atlas Battery (KAR:ATBA) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Battery stock appears to be undervalued.
The current stock price of ₨218.83 is trading 11.9% below its estimated GF Value™ of ₨248.28.
GuruFocus considers Atlas Battery to be Modestly Undervalued.
Key valuation signals for KAR:ATBA:
Return-on-Tangible-Equity: -2.51%
GF Value™: ₨248.28 vs. price of ₨218.83 (11.9% below fair value)
No single metric tells the full story. See the KAR:ATBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Battery Ltd is engaged in the manufacturing and sale of automotive, motorcycle and energy storage batteries and their allied products. Its products are mainly categorized in light, medium and heavy batteries for automotive, motorcycle batteries, energy storage batteries and distilled water. The company serves various segments including Original Equipment Manufacturers (OEMs), domestic appliances, industrial equipment and replacement market through nationwide dealership network. The usage of batteries includes vehicles, motorcycles, heavy vehicles including tractors, buses and energy backup solution such as UPS (Uninterrupted Power Supply equipment), Solar Panels and Gensets.
65GF Score
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