AIR GlobalAIIR +0.89%21 Return-on-Tangible-Asset is 14.45% as of Dec. 2025, which is at its 10-year median of 14.45. GuruFocus rates AIIR with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 49 Tobacco Products companies, AIR Global ranks better than 63.27% 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. AIR Global's annualizedNet Income for the quarter that ended in Dec. 2025 was $46.8 Mil. AIR Global's average total tangible assets for the quarter that ended in Dec. 2025 was $323.8 Mil. Therefore, AIR Global's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.45%.
The historical rank and industry rank for AIR Global's Return-on-Tangible-Asset or its related term are showing as below:
AIIR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.86 Med: 14.45 Max: 16.15
Current: 14.45
During the past 3 years, AIR Global's highest Return-on-Tangible-Asset was 16.15%. The lowest was 10.86%. And the median was 14.45%.
AIIR's Return-on-Tangible-Asset is ranked better than 63.27% of 49
companies
in the Tobacco Products industry
Industry Median: 10.52
vs AIIR: 14.45
AIR Global (NAS:AIIR) 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.
AIR Global Return-on-Tangible-Asset Related Terms
AIR Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AIR Global'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.
AIR Global Return-on-Tangible-Asset Chart
AIR Global Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
16.15
10.86
14.45
AIR Global Semi-Annual Data
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
16.15
10.86
14.45
AIIR vs UVV, TPB, ISPR: Return-on-Tangible-Asset Comparison
For the Tobacco subindustry, AIR Global'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.
AIR Global Return-on-Tangible-Asset vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, AIR Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AIR Global'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 14.45% mean?
AIR Global (AIIR) has a Return-on-Tangible-Asset of 14.45% 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 AIR Global and its competitors. This is near median its historical median of 14.45. Over the past decade, AIR Global's Return-on-Tangible-Asset has ranged from 10.86 to 16.15. According to the industry distribution chart, AIR Global ranks #18 out of 49 companies in the Tobacco Products industry, placing it in the top 36.7%.
Is AIR Global's Return-on-Tangible-Asset too high?
AIR Global's current Return-on-Tangible-Asset of 14.45% is near median its 10-year median of 14.45. Over the past 10 years, this metric has ranged from a low of 10.86 to a high of 16.15. The Tobacco Products industry median Return-on-Tangible-Asset is 10.52. AIR Global's value of 14.45% is 37.4% above this industry median. Based on the distribution chart, AIR Global ranks #18 out of 49 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, AIR Global has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does AIR Global's Return-on-Tangible-Asset compare to UVV and TPB?
According to the Tobacco Products industry distribution chart, AIR Global ranks #18 out of 49 companies for Return-on-Tangible-Asset. This puts AIR Global in the upper half of its industry. The industry median Return-on-Tangible-Asset is 10.52. AIR Global's value of 14.45% is 37.4% above this benchmark. Historically, AIR Global's own Return-on-Tangible-Asset has ranged from 10.86 to 16.15 over the past decade. While the company's 10-year median is 14.45 vs. the industry median of 10.52, AIR Global 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 Tobacco Products company?
The median Return-on-Tangible-Asset among Tobacco Products companies is 10.52, based on 49 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. AIR Global's current Return-on-Tangible-Asset of 14.45% is 37.4% 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 AIR Global and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Asset is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIR Global's current Return-on-Tangible-Asset is 14.45%, which is near median its own 10-year median of 14.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIR Global stock overvalued right now?
AIR Global (AIIR) has a current Return-on-Tangible-Asset of 14.45%. The current Return-on-Tangible-Asset is 14.45%, which is near median its 10-year median of 14.45 and 37.4% above the Tobacco Products industry median of 10.52. AIR Global's overall GF Score™ is 21/100 with 2 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 AIR Global (AIIR), the current Return-on-Tangible-Asset is 14.45% 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.
AIR Global PLC operates in the social inhalation products sector and has operations across multiple international markets. Its portfolio includes businesses and products related to shisha and hookah, including flavored shisha molasses, hookah and shisha e-commerce platforms, and charcoal-free shisha devices. The company also conducts product research and testing in partnership with independent laboratories to support the development of inhalation-related products and technologies.
21GF Score
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