Honda Atlas Cars Pakistan (KAR:HCAR) Return-on-Tangible-Equity: 16.85% (As of Mar. 2026) — 29% Above Median


KAR:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
59 GF Score
Price ₨245.56
GF Value ₨464.54
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Honda Atlas Cars Pakistan Return-on-Tangible-Equity?

Honda Atlas Cars Pakistan KAR:HCAR -0.30% 59 Return-on-Tangible-Equity is 16.85% as of Mar. 2026, which is 29% above its 10-year median of 13.03. GuruFocus rates KAR:HCAR with a GF Score™ of 59/100 and a GF Value™ of ₨464.54 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Honda Atlas Cars Pakistan ranks better than 71.29% 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. Honda Atlas Cars Pakistan's annualized net income for the quarter that ended in Mar. 2026 was ₨4,030 Mil. Honda Atlas Cars Pakistan's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨23,916 Mil. Therefore, Honda Atlas Cars Pakistan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.85%.

The historical rank and industry rank for Honda Atlas Cars Pakistan's Return-on-Tangible-Equity or its related term are showing as below:

KAR:HCAR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.4   Med: 13.03   Max: 59.67
Current: 14

During the past 13 years, Honda Atlas Cars Pakistan's highest Return-on-Tangible-Equity was 59.67%. The lowest was 1.40%. And the median was 13.03%.

KAR:HCAR's Return-on-Tangible-Equity is ranked better than
71.29% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 7.5 vs KAR:HCAR: 14.00

Honda Atlas Cars Pakistan  (KAR:HCAR) 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.


Honda Atlas Cars Pakistan Return-on-Tangible-Equity Related Terms


Honda Atlas Cars Pakistan Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Return-on-Tangible-Equity Chart

Honda Atlas Cars Pakistan 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 13.61 1.40 11.99 12.45 13.74

Honda Atlas Cars Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.76 14.75 13.21 11.34 16.85

KAR:HCAR vs TSLA, GM, F: Return-on-Tangible-Equity Comparison

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan Return-on-Tangible-Equity vs Vehicles & Parts Industry

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

* The bar in red indicates where Honda Atlas Cars Pakistan's Return-on-Tangible-Equity falls into.


KAR:HCAR
59GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda Atlas Cars Pakistan Return-on-Tangible-Equity Calculation

Honda Atlas Cars Pakistan'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 )
=3233.703/( (22744.467+24336.49 )/ 2 )
=3233.703/23540.4785
=13.74 %

Honda Atlas Cars Pakistan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4030.484/( (23495.838+24336.49)/ 2 )
=4030.484/23916.164
=16.85 %

* 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 16.85% mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a Return-on-Tangible-Equity of 16.85% 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 Honda Atlas Cars Pakistan and its competitors. This is 29% above median its historical median of 13.03. Over the past decade, Honda Atlas Cars Pakistan's Return-on-Tangible-Equity has ranged from 1.40 to 59.67. According to the industry distribution chart, Honda Atlas Cars Pakistan ranks #368 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 28.7%.
Is Honda Atlas Cars Pakistan's Return-on-Tangible-Equity too high?
Honda Atlas Cars Pakistan's current Return-on-Tangible-Equity of 16.85% is 29% above median its 10-year median of 13.03. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 59.67. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.50. Honda Atlas Cars Pakistan's value of 16.85% is 124.7% above this industry median. Based on the distribution chart, Honda Atlas Cars Pakistan ranks #368 out of 1282 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's Return-on-Tangible-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Honda Atlas Cars Pakistan ranks #368 out of 1282 companies for Return-on-Tangible-Equity. This puts Honda Atlas Cars Pakistan in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.50. Honda Atlas Cars Pakistan's value of 16.85% is 124.7% above this benchmark. Historically, Honda Atlas Cars Pakistan's own Return-on-Tangible-Equity has ranged from 1.40 to 59.67 over the past decade. While the company's 10-year median is 13.03 vs. the industry median of 7.50, Honda Atlas Cars Pakistan 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-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.50, based on 1,282 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. Honda Atlas Cars Pakistan's current Return-on-Tangible-Equity of 16.85% is 124.7% 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-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 Honda Atlas Cars Pakistan and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda Atlas Cars Pakistan's current Return-on-Tangible-Equity is 16.85%, which is 29% above median its own 10-year median of 13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨464.54, compared to a current price of ₨245.56 — trading 47.1% below its estimated fair value. The current Return-on-Tangible-Equity is 16.85%, which is 29% above median its 10-year median of 13.03 and 124.7% above the Vehicles & Parts industry median of 7.50. Honda Atlas Cars Pakistan's overall GF Score™ is 59/100 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 Honda Atlas Cars Pakistan (KAR:HCAR), the current Return-on-Tangible-Equity is 16.85% 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 Honda Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨245.56 is trading 47.1% below its estimated GF Value™ of ₨464.54. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • Return-on-Tangible-Equity: 16.85% (29% above median its 10-year median of 13.03)
  • GF Value™: ₨464.54 vs. price of ₨245.56 (47.1% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 124.7% above the Vehicles & Parts median (#368 of 1282)

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
59GF Score

Get the complete analysis for KAR:HCAR

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

₨245.56
Price
₨464.54
GF Value