ACCO (ACCO Brands) Return-on-Tangible-Asset: 7.04% (As of Mar. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ACCO ACCO Brands Corp ACCO
65 GF Score
Price $4.02
GF Value $4.21
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is ACCO Brands Return-on-Tangible-Asset?

ACCO Brands ACCO -0.25% 65 Return-on-Tangible-Asset is 7.04% as of Mar. 2026, which is 12% above its 10-year median of 6.30. GuruFocus rates ACCO with a GF Score™ of 65/100 and a GF Value™ of $4.21 (Fairly Valued). The stock has 8 warning signs investors should review. Among 3,076 Industrial Products companies, ACCO Brands ranks better than 71.65% 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. ACCO Brands's annualized Net Income for the quarter that ended in Mar. 2026 was $78 Mil. ACCO Brands's average total tangible assets for the quarter that ended in Mar. 2026 was $1,102 Mil. Therefore, ACCO Brands's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.04%.

The historical rank and industry rank for ACCO Brands's Return-on-Tangible-Asset or its related term are showing as below:

ACCO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.79   Med: 6.3   Max: 11.97
Current: 6.65

During the past 13 years, ACCO Brands's highest Return-on-Tangible-Asset was 11.97%. The lowest was -8.79%. And the median was 6.30%.

ACCO's Return-on-Tangible-Asset is ranked better than
71.65% of 3076 companies
in the Industrial Products industry
Industry Median: 3.26 vs ACCO: 6.65

ACCO Brands  (NYSE:ACCO) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


ACCO Brands Return-on-Tangible-Asset Related Terms


ACCO Brands Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for ACCO Brands'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.

ACCO Brands Return-on-Tangible-Asset Chart

ACCO Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 -0.99 -1.73 -8.79 3.84

ACCO Brands 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-Asset 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 -4.89 10.28 1.41 7.91 7.04

ACCO vs XRX, ACTG, EBF: Return-on-Tangible-Asset Comparison

For the Business Equipment & Supplies subindustry, ACCO Brands'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.


ACCO Brands Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACCO Brands's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ACCO Brands's Return-on-Tangible-Asset falls into.


ACCO
65GF Score
ACCO Brands Corp ACCO
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACCO Brands Return-on-Tangible-Asset Calculation

ACCO Brands's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=41.3/( (1072.4+1077.6)/ 2 )
=41.3/1075
=3.84 %

ACCO Brands's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=77.6/( (1077.6+1126.2)/ 2 )
=77.6/1101.9
=7.04 %

* 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 7.04% mean?
ACCO Brands (ACCO) has a Return-on-Tangible-Asset of 7.04% 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 ACCO Brands and its competitors. This is 12% above median its historical median of 6.30. According to the industry distribution chart, ACCO Brands ranks #872 out of 3076 companies in the Industrial Products industry, placing it in the top 28.3%.
Is ACCO Brands' Return-on-Tangible-Asset too high?
ACCO Brands' current Return-on-Tangible-Asset of 7.04% is 12% above median its 10-year median of 6.30. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. ACCO Brands' value of 7.04% is 116% above this industry median. Based on the distribution chart, ACCO Brands ranks #872 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ACCO Brands has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACCO Brands' Return-on-Tangible-Asset compare to XRX and ACTG?
According to the Industrial Products industry distribution chart, ACCO Brands ranks #872 out of 3076 companies for Return-on-Tangible-Asset. This puts ACCO Brands in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. ACCO Brands' value of 7.04% is 116% above this benchmark. While the company's 10-year median is 6.30 vs. the industry median of 3.26, ACCO Brands 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-Asset for an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,076 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. ACCO Brands's current Return-on-Tangible-Asset of 7.04% is 116% 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-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 ACCO Brands and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACCO Brands's current Return-on-Tangible-Asset is 7.04%, which is 12% above median its own 10-year median of 6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACCO Brands stock overvalued right now?
Based on GuruFocus' analysis, ACCO Brands (ACCO) is currently considered Fairly Valued. The stock's GF Value™ is $4.21, compared to a current price of $4.02 — trading 4.5% below its estimated fair value. The current Return-on-Tangible-Asset is 7.04%, which is 12% above median its 10-year median of 6.30 and 116% above the Industrial Products industry median of 3.26. ACCO Brands' overall GF Score™ is 65/100 with 8 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 ACCO Brands (ACCO), the current Return-on-Tangible-Asset is 7.04% 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 ACCO Brands (ACCO) Overvalued in 2026?

Based on GuruFocus' analysis, ACCO Brands stock appears to be undervalued. The current stock price of $4.02 is trading 4.5% below its estimated GF Value™ of $4.21. GuruFocus considers ACCO Brands to be Fairly Valued.

Key valuation signals for ACCO:

  • Return-on-Tangible-Asset: 7.04% (12% above median its 10-year median of 6.30)
  • GF Value™: $4.21 vs. price of $4.02 (4.5% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 116% above the Industrial Products median (#872 of 3076)

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


ACCO Brands Business Description

Other Exchanges A3B:Germany
Address Four Corporate Drive, Lake Zurich, IL, USA, 60047
ACCO Brands Corp is a consumer, technology and business branded products company providing brands and product solutions used in schools, homes and at work. Its brands include At-A-Glance, Barrilito, Buro, Esselte, Five Star, Foroni, GBC, Hilroy, Kensington, Leitz, Mead, PowerA, Quartet, Rapid, Swingline and Tilibra. The Company's product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, dry erase boards and do-it-yourself tools. The Company operates through two segments, Americas and International. Americas includes the U.S., Canada, Brazil, Mexico and Chile, and International includes EMEA, Australia, New Zealand and Asia. Its products are sold in the U.S., Europe, Australia, Canada, Brazil and Mexico.
65GF Score

Get the complete analysis for ACCO

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

$4.02
Price
$4.21
GF Value