Defence HoldingsALRDF Return-on-Tangible-Asset is -178.60% as of Sep. 2025. The stock has 5 warning signs investors should review. Among 357 Aerospace & Defense companies, Defence Holdings ranks worse than 95.52% 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. Defence Holdings's annualizedNet Income for the quarter that ended in Sep. 2025 was $-9.48 Mil. Defence Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $5.31 Mil. Therefore, Defence Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -178.60%.
The historical rank and industry rank for Defence Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ALRDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -129.16 Med: -82.56 Max: -68.41
Current: -129.16
During the past 3 years, Defence Holdings's highest Return-on-Tangible-Asset was -68.41%. The lowest was -129.16%. And the median was -82.56%.
ALRDF's Return-on-Tangible-Asset is ranked worse than 95.52% of 357
companies
in the Aerospace & Defense industry
Industry Median: 3.06
vs ALRDF: -129.16
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.
Defence Holdings Return-on-Tangible-Asset Related Terms
Defence Holdings Return-on-Tangible-Asset Historical Data
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The historical data trend for Defence 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.
ALRDF vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Defence 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.
Defence Holdings Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Defence Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Defence 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -178.60% mean?
Defence Holdings (ALRDF) has a Return-on-Tangible-Asset of -178.60% 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 Defence Holdings and its competitors. According to the industry distribution chart, Defence Holdings ranks #341 out of 357 companies in the Aerospace & Defense industry, placing it in the top 95.5%.
Is Defence Holdings' Return-on-Tangible-Asset too high?
Defence Holdings' current Return-on-Tangible-Asset is -178.60%. Based on the distribution chart, Defence Holdings ranks #341 out of 357 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers.
How does Defence Holdings' Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Defence Holdings ranks #341 out of 357 companies for Return-on-Tangible-Asset. This places Defence Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.06, based on 357 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 Defence Holdings and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Defence Holdings's current Return-on-Tangible-Asset is -178.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defence Holdings stock overvalued right now?
Defence Holdings (ALRDF) has a current Return-on-Tangible-Asset of -178.60%. The current Return-on-Tangible-Asset is -178.60%. 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 Defence Holdings (ALRDF), the current Return-on-Tangible-Asset is -178.60% 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.
Defence Holdings PLC is engaged in providing defence and security solutions. The company leverage deep capital-markets expertise and a network of technology partners, and to develop and acquire sensors, AI-driven analytics, secure communications, and autonomous platforms that enhance the operational advantage of its customers across land, sea, air, space and cyber domains.
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