Ascendis Pharma ASASND +3.82%37 Return-on-Tangible-Asset is 151.87% as of Mar. 2026. GuruFocus rates ASND with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 1,411 Biotechnology companies, Ascendis Pharma AS ranks better than 97.8% 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. Ascendis Pharma AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,910 Mil. Ascendis Pharma AS's average total tangible assets for the quarter that ended in Mar. 2026 was $1,916 Mil. Therefore, Ascendis Pharma AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 151.87%.
The historical rank and industry rank for Ascendis Pharma AS's Return-on-Tangible-Asset or its related term are showing as below:
ASND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -66.29 Med: -46.37 Max: 37.74
Current: 37.74
During the past 13 years, Ascendis Pharma AS's highest Return-on-Tangible-Asset was 37.74%. The lowest was -66.29%. And the median was -46.37%.
ASND's Return-on-Tangible-Asset is ranked better than 97.8% of 1411
companies
in the Biotechnology industry
Industry Median: -35.57
vs ASND: 37.74
Ascendis Pharma AS (NAS:ASND) 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.
Ascendis Pharma AS Return-on-Tangible-Asset Related Terms
Ascendis Pharma AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ascendis Pharma AS'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.
ASND vs JAZZ, BBIO, EXEL: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Ascendis Pharma AS'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.
Ascendis Pharma AS Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ascendis Pharma AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ascendis Pharma AS'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 151.87% mean?
Ascendis Pharma AS (ASND) has a Return-on-Tangible-Asset of 151.87% 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 Ascendis Pharma AS and its competitors. According to the industry distribution chart, Ascendis Pharma AS ranks #31 out of 1411 companies in the Biotechnology industry, placing it in the top 2.2%.
Is Ascendis Pharma AS's Return-on-Tangible-Asset too high?
Ascendis Pharma AS's current Return-on-Tangible-Asset is 151.87%. Based on the distribution chart, Ascendis Pharma AS ranks #31 out of 1411 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Ascendis Pharma AS has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Pharma AS's Return-on-Tangible-Asset compare to JAZZ and BBIO?
According to the Biotechnology industry distribution chart, Ascendis Pharma AS ranks #31 out of 1411 companies for Return-on-Tangible-Asset. This places Ascendis Pharma AS in the top 2% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Ascendis Pharma AS and its competitors. Ascendis Pharma AS's current Return-on-Tangible-Asset is 151.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Pharma AS stock overvalued right now?
Ascendis Pharma AS (ASND) has a current Return-on-Tangible-Asset of 151.87%. The current Return-on-Tangible-Asset is 151.87%. Ascendis Pharma AS's overall GF Score™ is 37/100 with 5 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 Ascendis Pharma AS (ASND), the current Return-on-Tangible-Asset is 151.87% 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.
Ascendis Pharma AS is a biopharmaceutical company that applies its TransCon technology platform to make a meaningful difference for patients. The firm's product pipeline includes Endocrinology and Oncology, which includes TransCon PTH, TransCon CNP, and others. It operates in the United States, Europe, and the rest of the world and derives the majority of its revenue from the United States.
37GF Score
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