Asure SoftwareASUR -5.80%73 Return-on-Tangible-Asset is 0.78% as of Mar. 2026. GuruFocus rates ASUR with a GF Score™ of 73/100 and a GF Value™ of $9.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,877 Software companies, Asure Software ranks worse than 63.85% 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. Asure Software's annualizedNet Income for the quarter that ended in Mar. 2026 was $2.5 Mil. Asure Software's average total tangible assets for the quarter that ended in Mar. 2026 was $320.9 Mil. Therefore, Asure Software's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.78%.
The historical rank and industry rank for Asure Software's Return-on-Tangible-Asset or its related term are showing as below:
ASUR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.18 Med: -4.26 Max: 15.9
Current: -3.25
During the past 13 years, Asure Software's highest Return-on-Tangible-Asset was 15.90%. The lowest was -8.18%. And the median was -4.26%.
ASUR's Return-on-Tangible-Asset is ranked worse than 63.85% of 2877
companies
in the Software industry
Industry Median: 2.04
vs ASUR: -3.25
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.
Asure Software Return-on-Tangible-Asset Related Terms
Asure Software Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asure Software'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.
ASUR vs IMMR, SMRT, LAW: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Asure Software'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.
Asure Software Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Asure Software's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asure Software'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 0.78% mean?
Asure Software (ASUR) has a Return-on-Tangible-Asset of 0.78% 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 Asure Software and its competitors. According to the industry distribution chart, Asure Software ranks #1837 out of 2877 companies in the Software industry, placing it in the top 63.9%.
Is Asure Software's Return-on-Tangible-Asset too high?
Asure Software's current Return-on-Tangible-Asset is 0.78%. The Software industry median Return-on-Tangible-Asset is 2.04. Asure Software's value of 0.78% is 61.8% below this industry median. Based on the distribution chart, Asure Software ranks #1837 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Asure Software has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asure Software's Return-on-Tangible-Asset compare to IMMR and SMRT?
According to the Software industry distribution chart, Asure Software ranks #1837 out of 2877 companies for Return-on-Tangible-Asset. This places Asure Software in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Asure Software's value of 0.78% is 61.8% below 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,877 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. Asure Software's current Return-on-Tangible-Asset of 0.78% is 61.8% below 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 Asure Software and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asure Software's current Return-on-Tangible-Asset is 0.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asure Software stock overvalued right now?
Based on GuruFocus' analysis, Asure Software (ASUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.88, compared to a current price of $7.79 — trading 21.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.78% and 61.8% below the Software industry median of 2.04. Asure Software's overall GF Score™ is 73/100 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 Asure Software (ASUR), the current Return-on-Tangible-Asset is 0.78% 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 Asure Software (ASUR) Overvalued in 2026?
Based on GuruFocus' analysis, Asure Software stock appears to be undervalued.
The current stock price of $7.79 is trading 21.2% below its estimated GF Value™ of $9.88.
GuruFocus considers Asure Software to be Modestly Undervalued.
Key valuation signals for ASUR:
Return-on-Tangible-Asset: 0.78%
GF Value™: $9.88 vs. price of $7.79 (21.2% below fair value)
Industry Position: 61.8% below the Software median (#1837 of 2877)
No single metric tells the full story. See the ASUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
73GF Score
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