Adheris Health (ASX:AHE) Return-on-Tangible-Asset: 46.44% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Adheris Health Return-on-Tangible-Asset?

Adheris Health ASX:AHE Return-on-Tangible-Asset is 46.44% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Adheris Health ranks worse than 93.68% 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. Adheris Health's annualized Net Income for the quarter that ended in Dec. 2025 was A$14.70 Mil. Adheris Health's average total tangible assets for the quarter that ended in Dec. 2025 was A$31.66 Mil. Therefore, Adheris Health's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 46.44%.

The historical rank and industry rank for Adheris Health's Return-on-Tangible-Asset or its related term are showing as below:

ASX:AHE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -169.04   Med: -72.76   Max: 2.5
Current: -169.04

During the past 13 years, Adheris Health's highest Return-on-Tangible-Asset was 2.50%. The lowest was -169.04%. And the median was -72.76%.

ASX:AHE's Return-on-Tangible-Asset is ranked worse than
93.68% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 2.465 vs ASX:AHE: -169.04

Adheris Health  (ASX:AHE) 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 company’s 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 company’s 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.


Adheris Health Return-on-Tangible-Asset Related Terms


Adheris Health Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Adheris Health'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.

Adheris Health Return-on-Tangible-Asset Chart

Adheris Health Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -65.61 -71.20 -43.71 2.50 -163.23

Adheris Health Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.50 -27.32 8.39 -338.38 46.44

ASX:AHE vs VEEV, BTSG, HQY: Return-on-Tangible-Asset Comparison

For the Health Information Services subindustry, Adheris Health'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.


Adheris Health Return-on-Tangible-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Adheris Health's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Adheris Health's Return-on-Tangible-Asset falls into.



Adheris Health Return-on-Tangible-Asset Calculation

Adheris Health's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-60.209/( (33.932+39.841)/ 2 )
=-60.209/36.8865
=-163.23 %

Adheris Health's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=14.7/( (39.841+23.469)/ 2 )
=14.7/31.655
=46.44 %

* 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 46.44% mean?
Adheris Health (ASX:AHE) has a Return-on-Tangible-Asset of 46.44% 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 Adheris Health and its competitors. According to the industry distribution chart, Adheris Health ranks #637 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 93.7%.
Is Adheris Health's Return-on-Tangible-Asset too high?
Adheris Health's current Return-on-Tangible-Asset is 46.44%. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.47. Adheris Health's value of 46.44% is 1784% above this industry median. Based on the distribution chart, Adheris Health ranks #637 out of 680 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers.
How does Adheris Health's Return-on-Tangible-Asset compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Adheris Health ranks #637 out of 680 companies for Return-on-Tangible-Asset. This places Adheris Health in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.47. Adheris Health's value of 46.44% is 1784% 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.47, based on 680 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. Adheris Health's current Return-on-Tangible-Asset of 46.44% is 1784% 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 Adheris Health and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adheris Health's current Return-on-Tangible-Asset is 46.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adheris Health stock overvalued right now?
Based on GuruFocus' analysis, Adheris Health (ASX:AHE) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.08, compared to a current price of A$0.02 — trading 77.5% below its estimated fair value. The current Return-on-Tangible-Asset is 46.44% and 1784% above the Healthcare Providers & Services industry median of 2.47. 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 Adheris Health (ASX:AHE), the current Return-on-Tangible-Asset is 46.44% 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.

Adheris Health Business Description

Address 793 Burke Road, Suite 287, Tenancy 111, Camberwell, VIC, AUS, 3124
Adheris Health Ltd is an E-healthcare software development company that provides pharmacy-driven patient engagement solutions that include personalised patient experiences to help simplify the patient medication journey. The group is leveraging THRIV, a cloud-based, AI-enabled platform. Its solutions empower the pharmacy of the future through improved pharmacy workflow and patient engagement solutions.