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CleanSpace HoldingsASX:CSX 27 Return-on-Tangible-Asset is 13.48% as of Dec. 2025. GuruFocus rates ASX:CSX with a GF Score™ of 27/100 and a GF Value™ of A$0.55 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 855 Medical Devices & Instruments companies, CleanSpace Holdings ranks better than 72.05% 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. CleanSpace Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was A$3.67 Mil. CleanSpace Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was A$27.25 Mil. Therefore, CleanSpace Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.48%.
The historical rank and industry rank for CleanSpace Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ASX:CSX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.16 Med: -11.37 Max: 19.67
Current: 6.64
During the past 6 years, CleanSpace Holdings's highest Return-on-Tangible-Asset was 19.67%. The lowest was -24.16%. And the median was -11.37%.
ASX:CSX's Return-on-Tangible-Asset is ranked better than 72.05% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.62
vs ASX:CSX: 6.64
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.
CleanSpace Holdings Return-on-Tangible-Asset Related Terms
CleanSpace Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CleanSpace 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:CSX vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, CleanSpace 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.
CleanSpace Holdings Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, CleanSpace Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CleanSpace 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 13.48% mean?
CleanSpace Holdings (ASX:CSX) has a Return-on-Tangible-Asset of 13.48% 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 CleanSpace Holdings and its competitors. According to the industry distribution chart, CleanSpace Holdings ranks #239 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 28%.
Is CleanSpace Holdings' Return-on-Tangible-Asset too high?
CleanSpace Holdings' current Return-on-Tangible-Asset is 13.48%. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.62. CleanSpace Holdings' value of 13.48% is 2074.2% above this industry median. Based on the distribution chart, CleanSpace Holdings ranks #239 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, CleanSpace Holdings has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CleanSpace Holdings' Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, CleanSpace Holdings ranks #239 out of 855 companies for Return-on-Tangible-Asset. This puts CleanSpace Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.62. CleanSpace Holdings' value of 13.48% is 2074.2% 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 a Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.62, based on 855 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. CleanSpace Holdings's current Return-on-Tangible-Asset of 13.48% is 2074.2% 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 CleanSpace Holdings and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanSpace Holdings's current Return-on-Tangible-Asset is 13.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanSpace Holdings stock overvalued right now?
Based on GuruFocus' analysis, CleanSpace Holdings (ASX:CSX) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.55, compared to a current price of A$0.40 — trading 28.2% below its estimated fair value. The current Return-on-Tangible-Asset is 13.48% and 2074.2% above the Medical Devices & Instruments industry median of 0.62. CleanSpace Holdings' overall GF Score™ is 27/100 with 1 warning sign 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 CleanSpace Holdings (ASX:CSX), the current Return-on-Tangible-Asset is 13.48% 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 CleanSpace Holdings (ASX:CSX) Overvalued in 2026?
Based on GuruFocus' analysis, CleanSpace Holdings stock appears to be undervalued.
The current stock price of A$0.40 is trading 28.2% below its estimated GF Value™ of A$0.55.
GuruFocus considers CleanSpace Holdings to be Modestly Undervalued.
Key valuation signals for ASX:CSX:
Return-on-Tangible-Asset: 13.48%
GF Value™: A$0.55 vs. price of A$0.40 (28.2% below fair value)
Industry Position: 2074.2% above the Medical Devices & Instruments median (#239 of 855)
No single metric tells the full story. See the ASX:CSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CleanSpace Holdings Ltd manufactures and sells respirators and related products and services. Its products include Compare, CleanSpace HALO, CleanSpace ULTRA, Masks, Filters, and Compatible Products. The company's operating segment is based on regions that include, Europe, Asia, and North America, and the majority of its revenue is generated from Europe.
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