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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. Johns Lyng Group's annualizedNet Income for the quarter that ended in Jun. 2025 was A$45 Mil. Johns Lyng Group's average total tangible assets for the quarter that ended in Jun. 2025 was A$484 Mil. Therefore, Johns Lyng Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 9.35%.
The historical rank and industry rank for Johns Lyng Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:JLG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.84 Med: 10.42 Max: 12.3
Current: 7.99
During the past 8 years, Johns Lyng Group's highest Return-on-Tangible-Asset was 12.30%. The lowest was 7.84%. And the median was 10.42%.
ASX:JLG's Return-on-Tangible-Asset is not ranked
in the Construction industry.
Industry Median: 3.04
vs ASX:JLG: 7.99
Johns Lyng Group (ASX:JLG) 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.
Johns Lyng Group Return-on-Tangible-Asset Related Terms
Johns Lyng Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Johns Lyng 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:JLG vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Johns Lyng 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.
Johns Lyng Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Johns Lyng Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Johns Lyng 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.35% mean?
Johns Lyng Group (ASX:JLG) has a Return-on-Tangible-Asset of 9.35% 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 Johns Lyng Group and its competitors. This is 10% below median its historical median of 10.42. Over the past decade, Johns Lyng Group's Return-on-Tangible-Asset has ranged from 7.84 to 12.30.
Is Johns Lyng Group's Return-on-Tangible-Asset too high?
Johns Lyng Group's current Return-on-Tangible-Asset of 9.35% is 10% below median its 10-year median of 10.42. Over the past 10 years, this metric has ranged from a low of 7.84 to a high of 12.30. The Construction industry median Return-on-Tangible-Asset is 3.04. Johns Lyng Group's value of 9.35% is 207.6% above this industry median. Overall, Johns Lyng Group has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Johns Lyng Group's Return-on-Tangible-Asset compare to PWR and FIX?
Johns Lyng Group's Return-on-Tangible-Asset of 9.35% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.04. Johns Lyng Group's value of 9.35% is 207.6% above this benchmark. Historically, Johns Lyng Group's own Return-on-Tangible-Asset has ranged from 7.84 to 12.30 over the past decade. While the company's 10-year median is 10.42 vs. the industry median of 3.04, Johns Lyng 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,783 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. Johns Lyng Group's current Return-on-Tangible-Asset of 9.35% is 207.6% 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 Johns Lyng Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johns Lyng Group's current Return-on-Tangible-Asset is 9.35%, which is 10% below median its own 10-year median of 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johns Lyng Group stock overvalued right now?
Johns Lyng Group (ASX:JLG) has a current Return-on-Tangible-Asset of 9.35%. The stock's GF Value™ is A$5.47, compared to a current price of A$3.99 — trading 27.1% below its estimated fair value. The current Return-on-Tangible-Asset is 9.35%, which is 10% below median its 10-year median of 10.42 and 207.6% above the Construction industry median of 3.04. Johns Lyng Group's overall GF Score™ is 13/100 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 Johns Lyng Group (ASX:JLG), the current Return-on-Tangible-Asset is 9.35% 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 Johns Lyng Group (ASX:JLG) Overvalued in 2026?
Based on GuruFocus' analysis, Johns Lyng Group stock appears to be undervalued.
The current stock price of A$3.99 is trading 27.1% below its estimated GF Value™ of A$5.47.
Key valuation signals for ASX:JLG:
Return-on-Tangible-Asset: 9.35% (10% below median its 10-year median of 10.42)
GF Value™: A$5.47 vs. price of A$3.99 (27.1% below fair value)
Industry Position: 207.6% above the Construction median
No single metric tells the full story. See the ASX:JLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johns Lyng Group carries out commercial and residential rebuilding and restoration for the insurance industry. It co-ordinates construction work for general building insurance claims and catastrophic events throughout Australia, the US, and New Zealand. Its subsidiary companies support its main operations. These include residential and commercial facility managers, heating, ventilation, and cooling, carpet drying, and shopfitting, among others.
13GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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