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Phoenix GroupADX:PHX -2.26%30 Return-on-Tangible-Asset is -50.14% as of Mar. 2026. GuruFocus rates ADX:PHX with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 2,500 Hardware companies, Phoenix Group ranks worse than 93.24% 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. Phoenix Group's annualizedNet Income for the quarter that ended in Mar. 2026 was د.إ-1,190.4 Mil. Phoenix Group's average total tangible assets for the quarter that ended in Mar. 2026 was د.إ2,374.1 Mil. Therefore, Phoenix Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -50.14%.
The historical rank and industry rank for Phoenix Group's Return-on-Tangible-Asset or its related term are showing as below:
ADX:PHX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -33.01 Med: 18.64 Max: 39.18
Current: -27.4
During the past 5 years, Phoenix Group's highest Return-on-Tangible-Asset was 39.18%. The lowest was -33.01%. And the median was 18.64%.
ADX:PHX's Return-on-Tangible-Asset is ranked worse than 93.24% of 2500
companies
in the Hardware industry
Industry Median: 2.455
vs ADX:PHX: -27.40
Phoenix Group (ADX:PHX) 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 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.
Phoenix Group Return-on-Tangible-Asset Related Terms
Phoenix Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Phoenix Group'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.
ADX:PHX vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison
For the Electronics & Computer Distribution subindustry, Phoenix Group'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.
Phoenix Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Phoenix Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Phoenix Group'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 -50.14% mean?
Phoenix Group (ADX:PHX) has a Return-on-Tangible-Asset of -50.14% 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 Phoenix Group and its competitors. According to the industry distribution chart, Phoenix Group ranks #2331 out of 2500 companies in the Hardware industry, placing it in the top 93.2%.
Is Phoenix Group's Return-on-Tangible-Asset too high?
Phoenix Group's current Return-on-Tangible-Asset is -50.14%. Based on the distribution chart, Phoenix Group ranks #2331 out of 2500 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Phoenix Group has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Group's Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Phoenix Group ranks #2331 out of 2500 companies for Return-on-Tangible-Asset. This places Phoenix Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.46. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.46, based on 2,500 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 Phoenix Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Group's current Return-on-Tangible-Asset is -50.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Group stock overvalued right now?
Phoenix Group (ADX:PHX) has a current Return-on-Tangible-Asset of -50.14%. The current Return-on-Tangible-Asset is -50.14%. Phoenix Group's overall GF Score™ is 30/100 with 4 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 Phoenix Group (ADX:PHX), the current Return-on-Tangible-Asset is -50.14% 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.
Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital assets across the UAE, Oman, the U.S., and Canada. Additionally, it also hosts, operates, and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and a prominent distributor of Digital wallet Ledgers and CoolWallets across the Middle East. The Group has four business verticals: Mining, Hosting, Trading, and Investment. The company operates in United Arab Emirates, Ethiopia, Oman, United States of America, and Canada.
30GF Score
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