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EVTASX:EVT -0.24%82 Return-on-Tangible-Asset is 3.06% as of Dec. 2025, which is 3% below its 10-year median of 3.14. GuruFocus rates ASX:EVT with a GF Score™ of 82/100 and a GF Value™ of A$13.49 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,032 Media - Diversified companies, EVT ranks better than 54.75% 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. EVT's annualizedNet Income for the quarter that ended in Dec. 2025 was A$76 Mil. EVT's average total tangible assets for the quarter that ended in Dec. 2025 was A$2,476 Mil. Therefore, EVT's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.06%.
The historical rank and industry rank for EVT's Return-on-Tangible-Asset or its related term are showing as below:
ASX:EVT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.86 Med: 3.14 Max: 9.9
Current: 1.62
During the past 13 years, EVT's highest Return-on-Tangible-Asset was 9.90%. The lowest was -1.86%. And the median was 3.14%.
ASX:EVT's Return-on-Tangible-Asset is ranked better than 54.75% of 1032
companies
in the Media - Diversified industry
Industry Median: 0.82
vs ASX:EVT: 1.62
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.
EVT Return-on-Tangible-Asset Related Terms
EVT Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for EVT'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:EVT vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, EVT'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.
EVT Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, EVT's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where EVT'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 3.06% mean?
EVT (ASX:EVT) has a Return-on-Tangible-Asset of 3.06% 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 EVT and its competitors. This is near median its historical median of 3.14. According to the industry distribution chart, EVT ranks #467 out of 1032 companies in the Media - Diversified industry, placing it in the top 45.3%.
Is EVT's Return-on-Tangible-Asset too high?
EVT's current Return-on-Tangible-Asset of 3.06% is near median its 10-year median of 3.14. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. EVT's value of 3.06% is 273.2% above this industry median. Based on the distribution chart, EVT ranks #467 out of 1032 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, EVT has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does EVT's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, EVT ranks #467 out of 1032 companies for Return-on-Tangible-Asset. This puts EVT in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.82. EVT's value of 3.06% is 273.2% above this benchmark. While the company's 10-year median is 3.14 vs. the industry median of 0.82, EVT 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,032 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. EVT's current Return-on-Tangible-Asset of 3.06% is 273.2% 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 EVT and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVT's current Return-on-Tangible-Asset is 3.06%, which is near median its own 10-year median of 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVT stock overvalued right now?
Based on GuruFocus' analysis, EVT (ASX:EVT) is currently considered Fairly Valued. The stock's GF Value™ is A$13.49, compared to a current price of A$12.53 — trading 7.1% below its estimated fair value. The current Return-on-Tangible-Asset is 3.06%, which is near median its 10-year median of 3.14 and 273.2% above the Media - Diversified industry median of 0.82. EVT's overall GF Score™ is 82/100 with 6 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 EVT (ASX:EVT), the current Return-on-Tangible-Asset is 3.06% 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 EVT (ASX:EVT) Overvalued in 2026?
Based on GuruFocus' analysis, EVT stock appears to be undervalued.
The current stock price of A$12.53 is trading 7.1% below its estimated GF Value™ of A$13.49.
GuruFocus considers EVT to be Fairly Valued.
Key valuation signals for ASX:EVT:
Return-on-Tangible-Asset: 3.06% (near median its 10-year median of 3.14)
GF Value™: A$13.49 vs. price of A$12.53 (7.1% below fair value)
Industry Position: 273.2% above the Media - Diversified median (#467 of 1032)
No single metric tells the full story. See the ASX:EVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EVT is an Australian-based provider of entertainment, hospitality, and leisure-related services. The entertainment division consists of cinemas in Australia (Event Cinemas), New Zealand, and Germany, as well as the State Theatre in Sydney, complemented by various restaurants and bars. The ventures arm consists of development of the group's vast property assets and provision of hotel management solutions to third parties. The travel arm consists of the group's hotel operations (QT, Rydges, Atura), and the Thredbo ski and mountain-biking resort. The group generates the most of its earnings in Australia.
82GF Score
Get the complete analysis for ASX:EVT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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