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AEM HoldingsAEMFF 49 Return-on-Tangible-Asset is 5.55% as of Dec. 2025, which is 72% below its 10-year median of 19.92. GuruFocus rates AEMFF with a GF Score™ of 49/100 and a GF Value™ of $1.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,028 Semiconductors companies, AEM Holdings ranks better than 53.5% 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. AEM Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was $21.5 Mil. AEM Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $387.1 Mil. Therefore, AEM Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.55%.
The historical rank and industry rank for AEM Holdings's Return-on-Tangible-Asset or its related term are showing as below:
AEMFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.19 Med: 19.92 Max: 39.85
Current: 3.3
During the past 13 years, AEM Holdings's highest Return-on-Tangible-Asset was 39.85%. The lowest was -0.19%. And the median was 19.92%.
AEMFF's Return-on-Tangible-Asset is ranked better than 53.5% of 1028
companies
in the Semiconductors industry
Industry Median: 2.615
vs AEMFF: 3.30
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.
AEM Holdings Return-on-Tangible-Asset Related Terms
AEM Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AEM Holdings'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.
AEMFF vs AMAT, LRCX, KLAC: Return-on-Tangible-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, AEM 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.
AEM Holdings Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, AEM Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AEM 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.55% mean?
AEM Holdings (AEMFF) has a Return-on-Tangible-Asset of 5.55% 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 AEM Holdings and its competitors. This is 72% below median its historical median of 19.92. According to the industry distribution chart, AEM Holdings ranks #478 out of 1028 companies in the Semiconductors industry, placing it in the top 46.5%.
Is AEM Holdings' Return-on-Tangible-Asset too high?
AEM Holdings' current Return-on-Tangible-Asset of 5.55% is 72% below median its 10-year median of 19.92. The Semiconductors industry median Return-on-Tangible-Asset is 2.62. AEM Holdings' value of 5.55% is 112.2% above this industry median. Based on the distribution chart, AEM Holdings ranks #478 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, AEM Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AEM Holdings' Return-on-Tangible-Asset compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, AEM Holdings ranks #478 out of 1028 companies for Return-on-Tangible-Asset. This puts AEM Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.62. AEM Holdings' value of 5.55% is 112.2% above this benchmark. While the company's 10-year median is 19.92 vs. the industry median of 2.62, AEM Holdings 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 a Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.62, based on 1,028 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. AEM Holdings's current Return-on-Tangible-Asset of 5.55% is 112.2% 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 AEM Holdings and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AEM Holdings's current Return-on-Tangible-Asset is 5.55%, which is 72% below median its own 10-year median of 19.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AEM Holdings stock overvalued right now?
Based on GuruFocus' analysis, AEM Holdings (AEMFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.83, compared to a current price of $8.44 — trading 361.3% above its estimated fair value. The current Return-on-Tangible-Asset is 5.55%, which is 72% below median its 10-year median of 19.92 and 112.2% above the Semiconductors industry median of 2.62. AEM Holdings' overall GF Score™ is 49/100 with 6 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 AEM Holdings (AEMFF), the current Return-on-Tangible-Asset is 5.55% 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.
Is AEM Holdings (AEMFF) Overvalued in 2026?
Based on GuruFocus' analysis, AEM Holdings stock appears to be overvalued.
The current stock price of $8.44 is trading 361.3% above its estimated GF Value™ of $1.83.
GuruFocus considers AEM Holdings to be Significantly Overvalued.
Key valuation signals for AEMFF:
Return-on-Tangible-Asset: 5.55% (72% below median its 10-year median of 19.92)
GF Value™: $1.83 vs. price of $8.44 (361.3% above fair value)
Industry Position: 112.2% above the Semiconductors median (#478 of 1028)
No single metric tells the full story. See the AEMFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AEM Holdings Ltd is a Singapore-based investment holding company. The operating segments of the company are: a) Test Cell Solutions (TCS): It provides customised system solutions involving precise high speed motion and to both mass volume manufacturers and new technology development laboratories, b) Instrumentation (INS): It engages in the research, development, and production of communications and industrial test solutions, c) Contract Manufacturing (CM): Operates as Contract manufacturer of Printed Circuit Board Assembly (PCBA), Wire-Harness & Interconnect systems, Box build and Equipment Manufacturing, and d) Others. The majority of revenue is derived from the TCS segment. Geographically, the company operates in Singapore, Malaysia, China, the USA, Vietnam, Finland, and Other countries.
49GF Score
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