IPD GroupASX:IPG -4.40%67 Return-on-Tangible-Asset is 13.12% as of Dec. 2025, which is 1% below its 10-year median of 13.30. GuruFocus rates ASX:IPG with a GF Score™ of 67/100 and a GF Value™ of A$5.95 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,071 Industrial Products companies, IPD Group ranks better than 91.34% 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. IPD Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$28.1 Mil. IPD Group's average total tangible assets for the quarter that ended in Dec. 2025 was A$214.4 Mil. Therefore, IPD Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.12%.
The historical rank and industry rank for IPD Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:IPG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.76 Med: 13.3 Max: 13.83
Current: 12.86
During the past 5 years, IPD Group's highest Return-on-Tangible-Asset was 13.83%. The lowest was 10.76%. And the median was 13.30%.
ASX:IPG's Return-on-Tangible-Asset is ranked better than 91.34% of 3071
companies
in the Industrial Products industry
Industry Median: 3.24
vs ASX:IPG: 12.86
IPD Group (ASX:IPG) 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.
IPD Group Return-on-Tangible-Asset Related Terms
IPD Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IPD Group'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:IPG vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, IPD Group'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.
IPD Group Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IPD Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IPD Group'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 13.12% mean?
IPD Group (ASX:IPG) has a Return-on-Tangible-Asset of 13.12% 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 IPD Group and its competitors. This is near median its historical median of 13.30. Over the past decade, IPD Group's Return-on-Tangible-Asset has ranged from 10.76 to 13.83. According to the industry distribution chart, IPD Group ranks #266 out of 3071 companies in the Industrial Products industry, placing it in the top 8.7%.
Is IPD Group's Return-on-Tangible-Asset too high?
IPD Group's current Return-on-Tangible-Asset of 13.12% is near median its 10-year median of 13.30. Over the past 10 years, this metric has ranged from a low of 10.76 to a high of 13.83. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. IPD Group's value of 13.12% is 304.9% above this industry median. Based on the distribution chart, IPD Group ranks #266 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, IPD Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPD Group's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, IPD Group ranks #266 out of 3071 companies for Return-on-Tangible-Asset. This places IPD Group in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. IPD Group's value of 13.12% is 304.9% above this benchmark. Historically, IPD Group's own Return-on-Tangible-Asset has ranged from 10.76 to 13.83 over the past decade. While the company's 10-year median is 13.30 vs. the industry median of 3.24, IPD Group 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 3.24, based on 3,071 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. IPD Group's current Return-on-Tangible-Asset of 13.12% is 304.9% 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 IPD Group 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. IPD Group's current Return-on-Tangible-Asset is 13.12%, which is near median its own 10-year median of 13.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPD Group stock overvalued right now?
Based on GuruFocus' analysis, IPD Group (ASX:IPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.95, compared to a current price of A$5.00 — trading 16% below its estimated fair value. The current Return-on-Tangible-Asset is 13.12%, which is near median its 10-year median of 13.30 and 304.9% above the Industrial Products industry median of 3.24. IPD Group's overall GF Score™ is 67/100 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 IPD Group (ASX:IPG), the current Return-on-Tangible-Asset is 13.12% 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 IPD Group (ASX:IPG) Overvalued in 2026?
Based on GuruFocus' analysis, IPD Group stock appears to be undervalued.
The current stock price of A$5.00 is trading 16% below its estimated GF Value™ of A$5.95.
GuruFocus considers IPD Group to be Modestly Undervalued.
Key valuation signals for ASX:IPG:
Return-on-Tangible-Asset: 13.12% (near median its 10-year median of 13.30)
GF Value™: A$5.95 vs. price of A$5.00 (16% below fair value)
Industry Position: 304.9% above the Industrial Products median (#266 of 3071)
No single metric tells the full story. See the ASX:IPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPD Group Ltd is a national distributor and service provider to the Australian electrical market. Its operating segment includes the Products division and Services division. The majority of the company's revenue is generated from its Products division, which is focused on the sale of electrical infrastructure products to customers, including switchboard manufacturers, electrical wholesalers, electrical contractors, power utilities, OEMs, and system integrators. It offers products across various categories such as power distribution, industrial and motor control, power monitoring, and electrical cables and cable plugs, among others. The Services division provides various services, including installation and commissioning, calibration and testing, maintenance and repairs, and refurbishment.
67GF Score
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