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. American Superconductor's annualizedNet Income for the quarter that ended in Mar. 2026 was $18.1 Mil. American Superconductor's average total tangible assets for the quarter that ended in Mar. 2026 was $544.9 Mil. Therefore, American Superconductor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.32%.
The historical rank and industry rank for American Superconductor's Return-on-Tangible-Asset or its related term are showing as below:
AMSC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.79 Med: -15.18 Max: 33.16
Current: 31.3
During the past 13 years, American Superconductor's highest Return-on-Tangible-Asset was 33.16%. The lowest was -35.79%. And the median was -15.18%.
AMSC's Return-on-Tangible-Asset is ranked better than 99.32% of 3074
companies
in the Industrial Products industry
Industry Median: 3.24
vs AMSC: 31.30
American Superconductor (NAS:AMSC) 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.
American Superconductor Return-on-Tangible-Asset Related Terms
American Superconductor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for American Superconductor'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.
American Superconductor Return-on-Tangible-Asset Chart
AMSC vs EPAC, BW, TNC: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, American Superconductor'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.
American Superconductor Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, American Superconductor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where American Superconductor'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 3.32% mean?
American Superconductor (AMSC) has a Return-on-Tangible-Asset of 3.32% 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 American Superconductor and its competitors. According to the industry distribution chart, American Superconductor ranks #21 out of 3074 companies in the Industrial Products industry, placing it in the top 0.7%.
Is American Superconductor's Return-on-Tangible-Asset too high?
American Superconductor's current Return-on-Tangible-Asset is 3.32%. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. American Superconductor's value of 3.32% is 2.5% above this industry median. Based on the distribution chart, American Superconductor ranks #21 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, American Superconductor has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Superconductor's Return-on-Tangible-Asset compare to EPAC and BW?
According to the Industrial Products industry distribution chart, American Superconductor ranks #21 out of 3074 companies for Return-on-Tangible-Asset. This places American Superconductor in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. American Superconductor's value of 3.32% is 2.5% above this benchmark. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,074 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. American Superconductor's current Return-on-Tangible-Asset of 3.32% is 2.5% 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 American Superconductor and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Superconductor's current Return-on-Tangible-Asset is 3.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Superconductor stock overvalued right now?
Based on GuruFocus' analysis, American Superconductor (AMSC) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.88, compared to a current price of $39.83 — trading 29% above its estimated fair value. The current Return-on-Tangible-Asset is 3.32% and 2.5% above the Industrial Products industry median of 3.24. American Superconductor's overall GF Score™ is 78/100 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 American Superconductor (AMSC), the current Return-on-Tangible-Asset is 3.32% 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.
Is American Superconductor (AMSC) Overvalued in 2026?
Based on GuruFocus' analysis, American Superconductor stock appears to be overvalued.
The current stock price of $39.83 is trading 29% above its estimated GF Value™ of $30.88.
GuruFocus considers American Superconductor to be Modestly Overvalued.
Key valuation signals for AMSC:
Return-on-Tangible-Asset: 3.32%
GF Value™: $30.88 vs. price of $39.83 (29% above fair value)
Industry Position: 2.5% above the Industrial Products median (#21 of 3074)
No single metric tells the full story. See the AMSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Superconductor Corp generates the ideas, technologies, and solutions that meet the world's demand for smarter, cleaner, and energy. Through its Windtec Solutions, the company enables manufacturers to launch wind turbines quickly, effectively, and profitably. Through its Gridtec Solutions, the company provides engineering planning services and grid systems that optimize network reliability, efficiency, and performance. The company's segment includes Grid and Wind. It generates maximum revenue from the Grid segment.
78GF Score
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