RAS Technology HoldingsASX:RTH 48 Return-on-Tangible-Asset is -6.94% as of Dec. 2025. GuruFocus rates ASX:RTH with a GF Score™ of 48/100 and a GF Value™ of A$1.54 (Significantly Undervalued). Among 2,876 Software companies, RAS Technology Holdings ranks worse than 61.82% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. RAS Technology Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-0.78 Mil. RAS Technology Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was A$11.27 Mil. Therefore, RAS Technology Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -6.94%.
The historical rank and industry rank for RAS Technology Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ASX:RTH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.96 Med: -5.74 Max: 4.04
Current: -2.11
During the past 5 years, RAS Technology Holdings's highest Return-on-Tangible-Asset was 4.04%. The lowest was -18.96%. And the median was -5.74%.
ASX:RTH's Return-on-Tangible-Asset is ranked worse than 61.82% of 2876
companies
in the Software industry
Industry Median: 2.04
vs ASX:RTH: -2.11
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.
RAS Technology Holdings Return-on-Tangible-Asset Related Terms
RAS Technology Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RAS Technology 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:RTH vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, RAS Technology 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.
RAS Technology Holdings Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, RAS Technology Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RAS Technology 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 -6.94% mean?
RAS Technology Holdings (ASX:RTH) has a Return-on-Tangible-Asset of -6.94% 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 RAS Technology Holdings and its competitors. According to the industry distribution chart, RAS Technology Holdings ranks #1778 out of 2876 companies in the Software industry, placing it in the top 61.8%.
Is RAS Technology Holdings' Return-on-Tangible-Asset too high?
RAS Technology Holdings' current Return-on-Tangible-Asset is -6.94%. Based on the distribution chart, RAS Technology Holdings ranks #1778 out of 2876 companies in the Software industry, which is below the industry midpoint. Overall, RAS Technology Holdings has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAS Technology Holdings' Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, RAS Technology Holdings ranks #1778 out of 2876 companies for Return-on-Tangible-Asset. This places RAS Technology Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,876 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. 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 RAS Technology Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAS Technology Holdings's current Return-on-Tangible-Asset is -6.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAS Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, RAS Technology Holdings (ASX:RTH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.54, compared to a current price of A$0.55 — trading 64.3% below its estimated fair value. The current Return-on-Tangible-Asset is -6.94%. RAS Technology Holdings' overall GF Score™ is 48/100. 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 RAS Technology Holdings (ASX:RTH), the current Return-on-Tangible-Asset is -6.94% 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 RAS Technology Holdings (ASX:RTH) Overvalued in 2026?
Based on GuruFocus' analysis, RAS Technology Holdings stock appears to be undervalued.
The current stock price of A$0.55 is trading 64.3% below its estimated GF Value™ of A$1.54.
GuruFocus considers RAS Technology Holdings to be Significantly Undervalued.
Key valuation signals for ASX:RTH:
Return-on-Tangible-Asset: -6.94%
GF Value™: A$1.54 vs. price of A$0.55 (64.3% below fair value)
No single metric tells the full story. See the ASX:RTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the racing and wagering industries. Geographically, the company operates in Australia, the United Kingdom, the United States, Asia, and the Rest of the World. The company generates the majority of its revenue from Australia.
48GF Score
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