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Adrad HoldingsASX:AHL -4.35%33 Return-on-Tangible-Asset is 3.42% as of Dec. 2025, which is 8% below its 10-year median of 3.70. GuruFocus rates ASX:AHL with a GF Score™ of 33/100 and a GF Value™ of A$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,078 Industrial Products companies, Adrad Holdings ranks better than 51.95% 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. Adrad Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was A$5.3 Mil. Adrad Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was A$153.4 Mil. Therefore, Adrad Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.42%.
The historical rank and industry rank for Adrad Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ASX:AHL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.54 Med: 3.7 Max: 3.9
Current: 3.54
During the past 3 years, Adrad Holdings's highest Return-on-Tangible-Asset was 3.90%. The lowest was 3.54%. And the median was 3.70%.
ASX:AHL's Return-on-Tangible-Asset is ranked better than 51.95% of 3078
companies
in the Industrial Products industry
Industry Median: 3.26
vs ASX:AHL: 3.54
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.
Adrad Holdings Return-on-Tangible-Asset Related Terms
Adrad Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adrad Holdings'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.
ASX:AHL vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Adrad Holdings'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.
Adrad Holdings Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Adrad Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adrad Holdings'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 3.42% mean?
Adrad Holdings (ASX:AHL) has a Return-on-Tangible-Asset of 3.42% 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 Adrad Holdings and its competitors. This is near median its historical median of 3.70. Over the past decade, Adrad Holdings' Return-on-Tangible-Asset has ranged from 3.54 to 3.90. According to the industry distribution chart, Adrad Holdings ranks #1479 out of 3078 companies in the Industrial Products industry, placing it in the top 48.1%.
Is Adrad Holdings' Return-on-Tangible-Asset too high?
Adrad Holdings' current Return-on-Tangible-Asset of 3.42% is near median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 3.90. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Adrad Holdings' value of 3.42% is 4.9% above this industry median. Based on the distribution chart, Adrad Holdings ranks #1479 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Adrad Holdings has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adrad Holdings' Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Adrad Holdings ranks #1479 out of 3078 companies for Return-on-Tangible-Asset. This puts Adrad Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Adrad Holdings' value of 3.42% is 4.9% above this benchmark. Historically, Adrad Holdings' own Return-on-Tangible-Asset has ranged from 3.54 to 3.90 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 3.26, Adrad Holdings has consistently been above the industry average. 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 3.26, based on 3,078 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. Adrad Holdings's current Return-on-Tangible-Asset of 3.42% is 4.9% 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 Adrad Holdings and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adrad Holdings's current Return-on-Tangible-Asset is 3.42%, which is near median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adrad Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adrad Holdings (ASX:AHL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.80, compared to a current price of A$1.21 — trading 51.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.42%, which is near median its 10-year median of 3.70 and 4.9% above the Industrial Products industry median of 3.26. Adrad Holdings' overall GF Score™ is 33/100 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 Adrad Holdings (ASX:AHL), the current Return-on-Tangible-Asset is 3.42% 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 Adrad Holdings (ASX:AHL) Overvalued in 2026?
Based on GuruFocus' analysis, Adrad Holdings stock appears to be overvalued.
The current stock price of A$1.21 is trading 51.3% above its estimated GF Value™ of A$0.80.
GuruFocus considers Adrad Holdings to be Significantly Overvalued.
Key valuation signals for ASX:AHL:
Return-on-Tangible-Asset: 3.42% (near median its 10-year median of 3.70)
GF Value™: A$0.80 vs. price of A$1.21 (51.3% above fair value)
Industry Position: 4.9% above the Industrial Products median (#1479 of 3078)
No single metric tells the full story. See the ASX:AHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adrad Holdings Ltd designs and manufactures a wide variety of original equipment and aftermarket heat exchange products for both mobile and stationary applications. The company operates in two segments: Heat Transfer Solutions and Distribution. The Heat Transfer Solutions segment which designs and manufactures industrial cooling solutions for use in road transport and heavy vehicles, mining, power generation, data centres, and rail industries. The Distribution segment includes imports and distributes radiators, mobile and stationary heat exchange products, as well as a variety of automotive parts for the automotive and industrial markets. Geographically, the company derives key revenue from Australasia and the rest from Asia, the Middle East, North America, South America, Europe, & Africa.
33GF Score
Get the complete analysis for ASX:AHL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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