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.
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.
Advent Technologies HoldingsADNH Return-on-Tangible-Asset is 523.72% as of Sep. 2025. The stock has 6 warning signs investors should review. Among 3,078 Industrial Products companies, Advent Technologies Holdings ranks worse than 82.91% on this metric.
The historical rank and industry rank for Advent Technologies Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ADNH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -192.55 Med: -58.06 Max: 1.27
Current: -4.08
During the past 6 years, Advent Technologies Holdings's highest Return-on-Tangible-Asset was 1.27%. The lowest was -192.55%. And the median was -58.06%.
ADNH's Return-on-Tangible-Asset is ranked worse than 82.91% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs ADNH: -4.08
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.
Advent Technologies Holdings Return-on-Tangible-Asset Related Terms
Advent Technologies Holdings 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.
ADNH vs LNKS, OZSC, KRFG: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Advent Technologies Holdings'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.
Advent Technologies Holdings Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advent Technologies Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Advent Technologies Holdings'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 523.72% mean?
Advent Technologies Holdings (ADNH) has a Return-on-Tangible-Asset of 523.72% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Advent Technologies Holdings and its competitors. According to the industry distribution chart, Advent Technologies Holdings ranks #2552 out of 3078 companies in the Industrial Products industry, placing it in the top 82.9%.
Is Advent Technologies Holdings' Return-on-Tangible-Asset too high?
Advent Technologies Holdings' current Return-on-Tangible-Asset is 523.72%. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Advent Technologies Holdings' value of 523.72% is 15965% above this industry median. Based on the distribution chart, Advent Technologies Holdings ranks #2552 out of 3078 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Advent Technologies Holdings' Return-on-Tangible-Asset compare to LNKS and OZSC?
According to the Industrial Products industry distribution chart, Advent Technologies Holdings ranks #2552 out of 3078 companies for Return-on-Tangible-Asset. This places Advent Technologies Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Advent Technologies Holdings' value of 523.72% is 15965% above this benchmark. 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 3,078 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. Advent Technologies Holdings's current Return-on-Tangible-Asset of 523.72% is 15965% 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 Advent Technologies Holdings 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. Advent Technologies Holdings's current Return-on-Tangible-Asset is 523.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advent Technologies Holdings (ADNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Return-on-Tangible-Asset is 523.72% and 15965% above the Industrial Products industry median of 3.26. 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 Advent Technologies Holdings (ADNH), the current Return-on-Tangible-Asset is 523.72% as of Sep. 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.
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADNH has been successfully added to your 
