ASK AutomotiveNSE:ASKAUTOLTD -1.69%74 Return-on-Tangible-Equity is 25.50% as of Mar. 2026, which is 11% below its 10-year median of 28.62. GuruFocus rates NSE:ASKAUTOLTD with a GF Score™ of 74/100 and a GF Value™ of ₹543.24 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,283 Vehicles & Parts companies, ASK Automotive ranks better than 90.8% 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. ASK Automotive's annualized net income for the quarter that ended in Mar. 2026 was ₹2,862 Mil. ASK Automotive's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹11,221 Mil. Therefore, ASK Automotive's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.50%.
The historical rank and industry rank for ASK Automotive's Return-on-Tangible-Equity or its related term are showing as below:
NSE:ASKAUTOLTD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.78 Med: 28.62 Max: 33.28
Current: 30.24
During the past 6 years, ASK Automotive's highest Return-on-Tangible-Equity was 33.28%. The lowest was 18.78%. And the median was 28.62%.
NSE:ASKAUTOLTD's Return-on-Tangible-Equity is ranked better than 90.8% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs NSE:ASKAUTOLTD: 30.24
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.
ASK Automotive Return-on-Tangible-Equity Related Terms
ASK Automotive Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ASK Automotive'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.
NSE:ASKAUTOLTD vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, ASK Automotive'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.
ASK Automotive Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, ASK Automotive's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ASK Automotive'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 25.50% mean?
ASK Automotive (NSE:ASKAUTOLTD) has a Return-on-Tangible-Equity of 25.50% 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 ASK Automotive and its competitors. This is 11% below median its historical median of 28.62. Over the past decade, ASK Automotive's Return-on-Tangible-Equity has ranged from 18.78 to 33.28. According to the industry distribution chart, ASK Automotive ranks #118 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 9.2%.
Is ASK Automotive's Return-on-Tangible-Equity too high?
ASK Automotive's current Return-on-Tangible-Equity of 25.50% is 11% below median its 10-year median of 28.62. Over the past 10 years, this metric has ranged from a low of 18.78 to a high of 33.28. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. ASK Automotive's value of 25.50% is 241.4% above this industry median. Based on the distribution chart, ASK Automotive ranks #118 out of 1283 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, ASK Automotive has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASK Automotive's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, ASK Automotive ranks #118 out of 1283 companies for Return-on-Tangible-Equity. This places ASK Automotive in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.47. ASK Automotive's value of 25.50% is 241.4% above this benchmark. Historically, ASK Automotive's own Return-on-Tangible-Equity has ranged from 18.78 to 33.28 over the past decade. While the company's 10-year median is 28.62 vs. the industry median of 7.47, ASK Automotive 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 7.47, based on 1,283 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. ASK Automotive's current Return-on-Tangible-Equity of 25.50% is 241.4% 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 ASK Automotive and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASK Automotive's current Return-on-Tangible-Equity is 25.50%, which is 11% below median its own 10-year median of 28.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASK Automotive stock overvalued right now?
Based on GuruFocus' analysis, ASK Automotive (NSE:ASKAUTOLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹543.24, compared to a current price of ₹471.85 — trading 13.1% below its estimated fair value. The current Return-on-Tangible-Equity is 25.50%, which is 11% below median its 10-year median of 28.62 and 241.4% above the Vehicles & Parts industry median of 7.47. ASK Automotive's overall GF Score™ is 74/100 with 1 warning sign 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 ASK Automotive (NSE:ASKAUTOLTD), the current Return-on-Tangible-Equity is 25.50% 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 ASK Automotive (NSE:ASKAUTOLTD) Overvalued in 2026?
Based on GuruFocus' analysis, ASK Automotive stock appears to be undervalued.
The current stock price of ₹471.85 is trading 13.1% below its estimated GF Value™ of ₹543.24.
GuruFocus considers ASK Automotive to be Modestly Undervalued.
Key valuation signals for NSE:ASKAUTOLTD:
Return-on-Tangible-Equity: 25.50% (11% below median its 10-year median of 28.62)
GF Value™: ₹543.24 vs. price of ₹471.85 (13.1% below fair value)
Industry Position: 241.4% above the Vehicles & Parts median (#118 of 1283)
No single metric tells the full story. See the NSE:ASKAUTOLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.
74GF Score
Get the complete analysis for NSE:ASKAUTOLTD
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