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Aegean AirlinesAGZNF 84 Return-on-Tangible-Asset is 6.65% as of Dec. 2025, which is 11% above its 10-year median of 6.00. GuruFocus rates AGZNF with a GF Score™ of 84/100 and a GF Value™ of $17.13 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,009 Transportation companies, Aegean Airlines ranks better than 61.25% 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. Aegean Airlines's annualizedNet Income for the quarter that ended in Dec. 2025 was $234 Mil. Aegean Airlines's average total tangible assets for the quarter that ended in Dec. 2025 was $3,521 Mil. Therefore, Aegean Airlines's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.65%.
The historical rank and industry rank for Aegean Airlines's Return-on-Tangible-Asset or its related term are showing as below:
AGZNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.48 Med: 6 Max: 10.96
Current: 5.01
During the past 13 years, Aegean Airlines's highest Return-on-Tangible-Asset was 10.96%. The lowest was -17.48%. And the median was 6.00%.
AGZNF's Return-on-Tangible-Asset is ranked better than 61.25% of 1009
companies
in the Transportation industry
Industry Median: 3.77
vs AGZNF: 5.01
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.
Aegean Airlines Return-on-Tangible-Asset Related Terms
Aegean Airlines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aegean Airlines'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.
AGZNF vs DAL, UAL, LUV: Return-on-Tangible-Asset Comparison
For the Airlines subindustry, Aegean Airlines'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.
Aegean Airlines Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Aegean Airlines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aegean Airlines'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 6.65% mean?
Aegean Airlines (AGZNF) has a Return-on-Tangible-Asset of 6.65% 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 Aegean Airlines and its competitors. This is 11% above median its historical median of 6.00. According to the industry distribution chart, Aegean Airlines ranks #391 out of 1009 companies in the Transportation industry, placing it in the top 38.8%.
Is Aegean Airlines' Return-on-Tangible-Asset too high?
Aegean Airlines' current Return-on-Tangible-Asset of 6.65% is 11% above median its 10-year median of 6.00. The Transportation industry median Return-on-Tangible-Asset is 3.77. Aegean Airlines' value of 6.65% is 76.4% above this industry median. Based on the distribution chart, Aegean Airlines ranks #391 out of 1009 companies in the Transportation industry, which is above the industry midpoint. Overall, Aegean Airlines has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' Return-on-Tangible-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Aegean Airlines ranks #391 out of 1009 companies for Return-on-Tangible-Asset. This puts Aegean Airlines in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.77. Aegean Airlines' value of 6.65% is 76.4% above this benchmark. While the company's 10-year median is 6.00 vs. the industry median of 3.77, Aegean Airlines 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.77, based on 1,009 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. Aegean Airlines's current Return-on-Tangible-Asset of 6.65% is 76.4% 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 Aegean Airlines and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current Return-on-Tangible-Asset is 6.65%, which is 11% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Based on GuruFocus' analysis, Aegean Airlines (AGZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.13, compared to a current price of $14.20 — trading 17.1% below its estimated fair value. The current Return-on-Tangible-Asset is 6.65%, which is 11% above median its 10-year median of 6.00 and 76.4% above the Transportation industry median of 3.77. Aegean Airlines' overall GF Score™ is 84/100 with 7 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 Aegean Airlines (AGZNF), the current Return-on-Tangible-Asset is 6.65% 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 Aegean Airlines (AGZNF) Overvalued in 2026?
Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued.
The current stock price of $14.20 is trading 17.1% below its estimated GF Value™ of $17.13.
GuruFocus considers Aegean Airlines to be Modestly Undervalued.
Key valuation signals for AGZNF:
Return-on-Tangible-Asset: 6.65% (11% above median its 10-year median of 6.00)
GF Value™: $17.13 vs. price of $14.20 (17.1% below fair value)
Industry Position: 76.4% above the Transportation median (#391 of 1009)
No single metric tells the full story. See the AGZNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
84GF Score
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