AbCellera BiologicsABCL +6.78%56 Return-on-Tangible-Asset is -13.85% as of Mar. 2026. GuruFocus rates ABCL with a GF Score™ of 56/100 and a GF Value™ of $5.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,417 Biotechnology companies, AbCellera Biologics ranks better than 69.65% 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. AbCellera Biologics's annualizedNet Income for the quarter that ended in Mar. 2026 was $-172.66 Mil. AbCellera Biologics's average total tangible assets for the quarter that ended in Mar. 2026 was $1,246.30 Mil. Therefore, AbCellera Biologics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -13.85%.
The historical rank and industry rank for AbCellera Biologics's Return-on-Tangible-Asset or its related term are showing as below:
ABCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.57 Med: -4.2 Max: 26.95
Current: -11.37
During the past 8 years, AbCellera Biologics's highest Return-on-Tangible-Asset was 26.95%. The lowest was -12.57%. And the median was -4.20%.
ABCL's Return-on-Tangible-Asset is ranked better than 69.65% of 1417
companies
in the Biotechnology industry
Industry Median: -35.77
vs ABCL: -11.37
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.
AbCellera Biologics Return-on-Tangible-Asset Related Terms
AbCellera Biologics Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AbCellera Biologics's Return-on-Tangible-Asset 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.
ABCL vs AGIO, KOD, IMNM: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, AbCellera Biologics'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.
AbCellera Biologics Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, AbCellera Biologics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AbCellera Biologics'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -13.85% mean?
AbCellera Biologics (ABCL) has a Return-on-Tangible-Asset of -13.85% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AbCellera Biologics and its competitors. According to the industry distribution chart, AbCellera Biologics ranks #430 out of 1417 companies in the Biotechnology industry, placing it in the top 30.3%.
Is AbCellera Biologics' Return-on-Tangible-Asset too high?
AbCellera Biologics' current Return-on-Tangible-Asset is -13.85%. Based on the distribution chart, AbCellera Biologics ranks #430 out of 1417 companies in the Biotechnology industry, which is above the industry midpoint. Overall, AbCellera Biologics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AbCellera Biologics' Return-on-Tangible-Asset compare to AGIO and KOD?
According to the Biotechnology industry distribution chart, AbCellera Biologics ranks #430 out of 1417 companies for Return-on-Tangible-Asset. This puts AbCellera Biologics in the upper half of its industry. 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 a Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 AbCellera Biologics and its competitors. AbCellera Biologics's current Return-on-Tangible-Asset is -13.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AbCellera Biologics stock overvalued right now?
Based on GuruFocus' analysis, AbCellera Biologics (ABCL) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.51, compared to a current price of $8.11 — trading 47.2% above its estimated fair value. The current Return-on-Tangible-Asset is -13.85%. AbCellera Biologics' overall GF Score™ is 56/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For AbCellera Biologics (ABCL), the current Return-on-Tangible-Asset is -13.85% 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 AbCellera Biologics (ABCL) Overvalued in 2026?
Based on GuruFocus' analysis, AbCellera Biologics stock appears to be overvalued.
The current stock price of $8.11 is trading 47.2% above its estimated GF Value™ of $5.51.
GuruFocus considers AbCellera Biologics to be Significantly Overvalued.
Key valuation signals for ABCL:
Return-on-Tangible-Asset: -13.85%
GF Value™: $5.51 vs. price of $8.11 (47.2% above fair value)
No single metric tells the full story. See the ABCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AbCellera Biologics Inc is a clinical-stage biotechnology company focused on discovering and developing first-in-class antibody medicines for indications with high unmet medical need. It has built a platform for advancing antibody drug programs that the company believes provides it with a competitive advantage in addressing challenging, high-value targets such as complex transmembrane proteins and novel modalities, including multispecifics and antibody-drug conjugates. Organisation's pipeline includes two drug candidates in clinical development, two development candidates in Investigational New Drug (IND/Clinical Trial Application (CTA)-enabling activities, and more than 20 active discovery programs across multiple modalities and indications.
56GF Score
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