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AdnamsAQSE:ADB 68 Return-on-Tangible-Asset is 3.92% as of Dec. 2025. GuruFocus rates AQSE:ADB with a GF Score™ of 68/100 and a GF Value™ of £20.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Adnams ranks worse than 75.7% 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. Adnams's annualizedNet Income for the quarter that ended in Dec. 2025 was £1.62 Mil. Adnams's average total tangible assets for the quarter that ended in Dec. 2025 was £41.23 Mil. Therefore, Adnams's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.92%.
The historical rank and industry rank for Adnams's Return-on-Tangible-Asset or its related term are showing as below:
AQSE:ADB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.51 Med: -2.16 Max: 7.58
Current: -1.34
During the past 11 years, Adnams's highest Return-on-Tangible-Asset was 7.58%. The lowest was -6.51%. And the median was -2.16%.
AQSE:ADB's Return-on-Tangible-Asset is ranked worse than 75.7% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 3.14
vs AQSE:ADB: -1.34
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.
Adnams Return-on-Tangible-Asset Related Terms
Adnams Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adnams'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.
AQSE:ADB vs STZ, TAP: Return-on-Tangible-Asset Comparison
For the Beverages - Brewers subindustry, Adnams'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.
Adnams Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Adnams's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adnams'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 3.92% mean?
Adnams (AQSE:ADB) has a Return-on-Tangible-Asset of 3.92% 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 Adnams and its competitors. According to the industry distribution chart, Adnams ranks #162 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 75.7%.
Is Adnams' Return-on-Tangible-Asset too high?
Adnams' current Return-on-Tangible-Asset is 3.92%. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.14. Adnams' value of 3.92% is 24.8% above this industry median. Based on the distribution chart, Adnams ranks #162 out of 214 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Adnams has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adnams' Return-on-Tangible-Asset compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Adnams ranks #162 out of 214 companies for Return-on-Tangible-Asset. This places Adnams in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.14. Adnams' value of 3.92% is 24.8% 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 a Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.14, based on 214 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. Adnams's current Return-on-Tangible-Asset of 3.92% is 24.8% 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 Adnams and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnams's current Return-on-Tangible-Asset is 3.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adnams stock overvalued right now?
Based on GuruFocus' analysis, Adnams (AQSE:ADB) is currently considered Modestly Undervalued. The stock's GF Value™ is £20.13, compared to a current price of £16.00 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Asset is 3.92% and 24.8% above the Beverages - Alcoholic industry median of 3.14. Adnams' overall GF Score™ is 68/100 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 Adnams (AQSE:ADB), the current Return-on-Tangible-Asset is 3.92% 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 Adnams (AQSE:ADB) Overvalued in 2026?
Based on GuruFocus' analysis, Adnams stock appears to be undervalued.
The current stock price of £16.00 is trading 20.5% below its estimated GF Value™ of £20.13.
GuruFocus considers Adnams to be Modestly Undervalued.
Key valuation signals for AQSE:ADB:
Return-on-Tangible-Asset: 3.92%
GF Value™: £20.13 vs. price of £16.00 (20.5% below fair value)
Industry Position: 24.8% above the Beverages - Alcoholic median (#162 of 214)
No single metric tells the full story. See the AQSE:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adnams PLC is engaged in brewers, distillers, wine merchants, retailers, publicans, and hoteliers. The company's business segments are Adnams Brewing & Brands (Drinks), which comprises brewing and distribution of beer, spirits, and other products, Adnams Pubs & Hotel Properties, which comprises tenanted pubs and managed inns, and Adnams Retail, which comprises shops together with the mail order and web businesses. The maximum of its revenue is derived from Brewing & Brands segment.
68GF Score
Get the complete analysis for AQSE:ADB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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