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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. ChemX Materials's annualizedNet Income for the quarter that ended in Dec. 2025 was A$4.59 Mil. ChemX Materials's average total tangible assets for the quarter that ended in Dec. 2025 was A$0.67 Mil. Therefore, ChemX Materials's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 682.74%.
The historical rank and industry rank for ChemX Materials's Return-on-Tangible-Asset or its related term are showing as below:
ASX:CMX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -175.13 Med: -58.91 Max: 402.81
Current: 402.81
During the past 4 years, ChemX Materials's highest Return-on-Tangible-Asset was 402.81%. The lowest was -175.13%. And the median was -58.91%.
ASX:CMX's Return-on-Tangible-Asset is not ranked
in the Industrial Products industry.
Industry Median: 3.24
vs ASX:CMX: 402.81
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.
ChemX Materials Return-on-Tangible-Asset Related Terms
ChemX Materials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ChemX Materials'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:CMX vs VRT, HUBB, NVT: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, ChemX Materials'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.
ChemX Materials Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ChemX Materials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ChemX Materials'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 682.74% mean?
ChemX Materials (ASX:CMX) has a Return-on-Tangible-Asset of 682.74% 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 ChemX Materials and its competitors.
Is ChemX Materials' Return-on-Tangible-Asset too high?
ChemX Materials' current Return-on-Tangible-Asset is 682.74%. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. ChemX Materials' value of 682.74% is 20972.2% above this industry median.
How does ChemX Materials' Return-on-Tangible-Asset compare to VRT and HUBB?
ChemX Materials' Return-on-Tangible-Asset of 682.74% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Asset is 3.24. ChemX Materials' value of 682.74% is 20972.2% 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,076 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. ChemX Materials's current Return-on-Tangible-Asset of 682.74% is 20972.2% 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 ChemX Materials and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ChemX Materials's current Return-on-Tangible-Asset is 682.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChemX Materials stock overvalued right now?
ChemX Materials (ASX:CMX) has a current Return-on-Tangible-Asset of 682.74%. The current Return-on-Tangible-Asset is 682.74% and 20972.2% above the Industrial Products industry median of 3.24. 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 ChemX Materials (ASX:CMX), the current Return-on-Tangible-Asset is 682.74% 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.
ChemX Materials Ltd is engaged in the development of its proprietary High Purity Alumina (HiPurA) technology and mining exploration activities. The Company focused on advancing HiPurA technology and the exploration and evaluation of mineral resources, with its operations conducted within Australia.
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