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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. Apiam Animal Health's annualizedNet Income for the quarter that ended in Jun. 2025 was A$4.7 Mil. Apiam Animal Health's average total tangible assets for the quarter that ended in Jun. 2025 was A$93.6 Mil. Therefore, Apiam Animal Health's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 5.03%.
The historical rank and industry rank for Apiam Animal Health's Return-on-Tangible-Asset or its related term are showing as below:
ASX:AHX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.15 Med: 7.42 Max: 14.24
Current: 0.91
During the past 10 years, Apiam Animal Health's highest Return-on-Tangible-Asset was 14.24%. The lowest was 0.15%. And the median was 7.42%.
ASX:AHX's Return-on-Tangible-Asset is not ranked
in the Personal Services industry.
Industry Median: 2.5
vs ASX:AHX: 0.91
Apiam Animal Health (ASX:AHX) 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.
Apiam Animal Health Return-on-Tangible-Asset Related Terms
Apiam Animal Health Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Apiam Animal 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.
Apiam Animal Health Return-on-Tangible-Asset Chart
ASX:AHX vs ROL, SCI, BFAM: Return-on-Tangible-Asset Comparison
For the Personal Services subindustry, Apiam Animal 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.
Apiam Animal Health Return-on-Tangible-Asset vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Apiam Animal Health's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apiam Animal Health'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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.03% mean?
Apiam Animal Health (ASX:AHX) has a Return-on-Tangible-Asset of 5.03% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Apiam Animal Health and its competitors. This is 32% below median its historical median of 7.42. Over the past decade, Apiam Animal Health's Return-on-Tangible-Asset has ranged from 0.15 to 14.24.
Is Apiam Animal Health's Return-on-Tangible-Asset too high?
Apiam Animal Health's current Return-on-Tangible-Asset of 5.03% is 32% below median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 14.24. The Personal Services industry median Return-on-Tangible-Asset is 2.50. Apiam Animal Health's value of 5.03% is 101.2% above this industry median. Overall, Apiam Animal Health has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Apiam Animal Health's Return-on-Tangible-Asset compare to ROL and SCI?
Apiam Animal Health's Return-on-Tangible-Asset of 5.03% can be compared against companies in the Personal Services industry. The industry median Return-on-Tangible-Asset is 2.50. Apiam Animal Health's value of 5.03% is 101.2% above this benchmark. Historically, Apiam Animal Health's own Return-on-Tangible-Asset has ranged from 0.15 to 14.24 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 2.50, Apiam Animal Health 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 a Personal Services company?
The median Return-on-Tangible-Asset among Personal Services companies is 2.50, based on 95 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. Apiam Animal Health's current Return-on-Tangible-Asset of 5.03% is 101.2% 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 Apiam Animal Health and its competitors. For the Personal Services industry, the median Return-on-Tangible-Asset is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apiam Animal Health's current Return-on-Tangible-Asset is 5.03%, which is 32% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apiam Animal Health stock overvalued right now?
Apiam Animal Health (ASX:AHX) has a current Return-on-Tangible-Asset of 5.03%. The stock's GF Value™ is A$0.40, compared to a current price of A$0.88 — trading 118.8% above its estimated fair value. The current Return-on-Tangible-Asset is 5.03%, which is 32% below median its 10-year median of 7.42 and 101.2% above the Personal Services industry median of 2.50. Apiam Animal Health's overall GF Score™ is 50/100 with 9 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 Apiam Animal Health (ASX:AHX), the current Return-on-Tangible-Asset is 5.03% as of Jun. 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 Apiam Animal Health (ASX:AHX) Overvalued in 2026?
Based on GuruFocus' analysis, Apiam Animal Health stock appears to be overvalued.
The current stock price of A$0.88 is trading 118.8% above its estimated GF Value™ of A$0.40.
Key valuation signals for ASX:AHX:
Return-on-Tangible-Asset: 5.03% (32% below median its 10-year median of 7.42)
GF Value™: A$0.40 vs. price of A$0.88 (118.8% above fair value)
Industry Position: 101.2% above the Personal Services median
No single metric tells the full story. See the ASX:AHX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apiam Animal Health Ltd provides products and services to support the health and welfare of production and mixed animals. The company offers veterinary wholesale, warehousing, logistics, and other ancillary services. Its operating segments include Dairy and Mixed, Feedlots and Pigs. It generates the majority of its revenue from Dairy and Mixed. The Group operates in the segment of provision of veterinary products and services to production, companion and equine animals.
50GF Score
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