Applied Aerospace & DefenseAADX -1.06%11 Return-on-Tangible-Asset is -11.43% as of Dec. 2025. GuruFocus rates AADX with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 359 Aerospace & Defense companies, Applied Aerospace & Defense ranks worse than 79.94% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Applied Aerospace & Defense's annualizedNet Income for the quarter that ended in Dec. 2025 was $-49.0 Mil. Applied Aerospace & Defense's average total tangible assets for the quarter that ended in Dec. 2025 was $429.0 Mil. Therefore, Applied Aerospace & Defense's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -11.43%.
The historical rank and industry rank for Applied Aerospace & Defense's Return-on-Tangible-Asset or its related term are showing as below:
AADX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.43 Med: -10.05 Max: -8.67
Current: -11.43
During the past 2 years, Applied Aerospace & Defense's highest Return-on-Tangible-Asset was -8.67%. The lowest was -11.43%. And the median was -10.05%.
AADX's Return-on-Tangible-Asset is ranked worse than 79.94% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.03
vs AADX: -11.43
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Applied Aerospace & Defense Return-on-Tangible-Asset Related Terms
Applied Aerospace & Defense Return-on-Tangible-Asset Historical Data
* 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.
AADX vs YSS, ACHR, LUNR: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Applied Aerospace & Defense's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Applied Aerospace & Defense Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Applied Aerospace & Defense's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Applied Aerospace & Defense's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -11.43% mean?
Applied Aerospace & Defense (AADX) has a Return-on-Tangible-Asset of -11.43% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Applied Aerospace & Defense and its competitors. According to the industry distribution chart, Applied Aerospace & Defense ranks #287 out of 359 companies in the Aerospace & Defense industry, placing it in the top 79.9%.
Is Applied Aerospace & Defense's Return-on-Tangible-Asset too high?
Applied Aerospace & Defense's current Return-on-Tangible-Asset is -11.43%. Based on the distribution chart, Applied Aerospace & Defense ranks #287 out of 359 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Applied Aerospace & Defense has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Applied Aerospace & Defense's Return-on-Tangible-Asset compare to YSS and ACHR?
According to the Aerospace & Defense industry distribution chart, Applied Aerospace & Defense ranks #287 out of 359 companies for Return-on-Tangible-Asset. This places Applied Aerospace & Defense in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.03. 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-Asset for an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.03, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Applied Aerospace & Defense and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Aerospace & Defense's current Return-on-Tangible-Asset is -11.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Aerospace & Defense stock overvalued right now?
Applied Aerospace & Defense (AADX) has a current Return-on-Tangible-Asset of -11.43%. The current Return-on-Tangible-Asset is -11.43%. Applied Aerospace & Defense's overall GF Score™ is 11/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Applied Aerospace & Defense (AADX), the current Return-on-Tangible-Asset is -11.43% as of Dec. 2025. 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.
Applied Aerospace & Defense Inc specializes in providing engineering and vertically integrated manufacturing solutions for space and defense technology companies. The company builds complex hardware for extreme operating environments, combining deep material science and IP-enabled process expertise with the ability to enable rapid prototyping, enhance new product development, and responsively scale production. The majority of the company's revenue is derived from the sales of Defense Aviation and Airborne Systems, followed by Space and Launch Systems, C5ISR and Precision Strike Systems.
11GF Score
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