ThalKAR:THALL -0.46%79 Return-on-Tangible-Equity is 17.68% as of Mar. 2026, which is 2% above its 10-year median of 17.25. GuruFocus rates KAR:THALL with a GF Score™ of 79/100 and a GF Value™ of ₨530.00 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,284 Vehicles & Parts companies, Thal ranks better than 79.75% 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. Thal's annualized net income for the quarter that ended in Mar. 2026 was ₨10,135 Mil. Thal's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨57,336 Mil. Therefore, Thal's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.68%.
The historical rank and industry rank for Thal's Return-on-Tangible-Equity or its related term are showing as below:
KAR:THALL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.56 Med: 17.25 Max: 30.91
Current: 17.26
During the past 13 years, Thal's highest Return-on-Tangible-Equity was 30.91%. The lowest was 8.56%. And the median was 17.25%.
KAR:THALL's Return-on-Tangible-Equity is ranked better than 79.75% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs KAR:THALL: 17.26
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.
Thal Return-on-Tangible-Equity Related Terms
Thal Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thal'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:THALL vs ORLY, AZO, GPC: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Thal'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.
Thal Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thal's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thal'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 17.68% mean?
Thal (KAR:THALL) has a Return-on-Tangible-Equity of 17.68% 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 Thal and its competitors. This is near median its historical median of 17.25. Over the past decade, Thal's Return-on-Tangible-Equity has ranged from 8.56 to 30.91. According to the industry distribution chart, Thal ranks #260 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 20.2%.
Is Thal's Return-on-Tangible-Equity too high?
Thal's current Return-on-Tangible-Equity of 17.68% is near median its 10-year median of 17.25. Over the past 10 years, this metric has ranged from a low of 8.56 to a high of 30.91. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.48. Thal's value of 17.68% is 136.4% above this industry median. Based on the distribution chart, Thal ranks #260 out of 1284 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Thal has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thal's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thal ranks #260 out of 1284 companies for Return-on-Tangible-Equity. This places Thal in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.48. Thal's value of 17.68% is 136.4% above this benchmark. Historically, Thal's own Return-on-Tangible-Equity has ranged from 8.56 to 30.91 over the past decade. While the company's 10-year median is 17.25 vs. the industry median of 7.48, Thal 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 7.48, 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. Thal's current Return-on-Tangible-Equity of 17.68% is 136.4% 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 Thal 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. Thal's current Return-on-Tangible-Equity is 17.68%, which is near median its own 10-year median of 17.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thal stock overvalued right now?
Based on GuruFocus' analysis, Thal (KAR:THALL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨530.00, compared to a current price of ₨609.21 — trading 14.9% above its estimated fair value. The current Return-on-Tangible-Equity is 17.68%, which is near median its 10-year median of 17.25 and 136.4% above the Vehicles & Parts industry median of 7.48. Thal's overall GF Score™ is 79/100 with 3 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 Thal (KAR:THALL), the current Return-on-Tangible-Equity is 17.68% 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 Thal (KAR:THALL) Overvalued in 2026?
Based on GuruFocus' analysis, Thal stock appears to be overvalued.
The current stock price of ₨609.21 is trading 14.9% above its estimated GF Value™ of ₨530.00.
GuruFocus considers Thal to be Modestly Overvalued.
Key valuation signals for KAR:THALL:
Return-on-Tangible-Equity: 17.68% (near median its 10-year median of 17.25)
GF Value™: ₨530.00 vs. price of ₨609.21 (14.9% above fair value)
Industry Position: 136.4% above the Vehicles & Parts median (#260 of 1284)
No single metric tells the full story. See the KAR:THALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thal Ltd is a diversified industrial manufacturer operating in engineering, packaging, and laminate sheets. Its engineering segment produces automotive parts, including air-conditioners, radiators, wire harnesses, and engine components. The packaging segment offers jute goods, paper sacks, woven polypropylene packaging, and laminate sheets for various industries. The company's operations span multiple cities in Pakistan and include export activities to many countries. It also has interests in energy through coal mining and power generation ventures. The Company's operating businesses are categorized under two segments, namely the Engineering segment and the Building Material & Allied Products segment. The majority of revenue comes from the Engineering segment.
79GF Score
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