Silex SystemsASX:SLX +9.40%59 Return-on-Tangible-Asset is -22.16% as of Dec. 2025. GuruFocus rates ASX:SLX with a GF Score™ of 59/100 and a GF Value™ of A$8.34 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,027 Semiconductors companies, Silex Systems ranks worse than 93.57% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Silex Systems's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-35.88 Mil. Silex Systems's average total tangible assets for the quarter that ended in Dec. 2025 was A$161.86 Mil. Therefore, Silex Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -22.16%.
The historical rank and industry rank for Silex Systems's Return-on-Tangible-Asset or its related term are showing as below:
ASX:SLX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -45.08 Med: -17.63 Max: -5.72
Current: -28.51
During the past 13 years, Silex Systems's highest Return-on-Tangible-Asset was -5.72%. The lowest was -45.08%. And the median was -17.63%.
ASX:SLX's Return-on-Tangible-Asset is ranked worse than 93.57% of 1027
companies
in the Semiconductors industry
Industry Median: 2.63
vs ASX:SLX: -28.51
Silex Systems (ASX:SLX) 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.
Silex Systems Return-on-Tangible-Asset Related Terms
Silex Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Silex Systems'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:SLX vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Silex Systems'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.
Silex Systems Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Silex Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Silex Systems'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 -22.16% mean?
Silex Systems (ASX:SLX) has a Return-on-Tangible-Asset of -22.16% 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 Silex Systems and its competitors. According to the industry distribution chart, Silex Systems ranks #961 out of 1027 companies in the Semiconductors industry, placing it in the top 93.6%.
Is Silex Systems' Return-on-Tangible-Asset too high?
Silex Systems' current Return-on-Tangible-Asset is -22.16%. Based on the distribution chart, Silex Systems ranks #961 out of 1027 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Silex Systems has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Silex Systems' Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Silex Systems ranks #961 out of 1027 companies for Return-on-Tangible-Asset. This places Silex Systems in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.63. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.63, based on 1,027 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 Silex Systems and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silex Systems's current Return-on-Tangible-Asset is -22.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silex Systems stock overvalued right now?
Based on GuruFocus' analysis, Silex Systems (ASX:SLX) is currently considered Possible Value Trap. The stock's GF Value™ is A$8.34, compared to a current price of A$5.70 — trading 31.7% below its estimated fair value. The current Return-on-Tangible-Asset is -22.16%. Silex Systems' overall GF Score™ is 59/100 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 Silex Systems (ASX:SLX), the current Return-on-Tangible-Asset is -22.16% 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 Silex Systems (ASX:SLX) Overvalued in 2026?
Based on GuruFocus' analysis, Silex Systems stock appears to be undervalued.
The current stock price of A$5.70 is trading 31.7% below its estimated GF Value™ of A$8.34.
GuruFocus considers Silex Systems to be Possible Value Trap.
Key valuation signals for ASX:SLX:
Return-on-Tangible-Asset: -22.16%
GF Value™: A$8.34 vs. price of A$5.70 (31.7% below fair value)
No single metric tells the full story. See the ASX:SLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Silex Systems Ltd is an Australian research and development company. The company focused on the development of the SILEX laser uranium enrichment technology as the next-generation technology for the uranium enrichment industry. The company's operating segment includes Silex Systems; Silex USA, and Translucent. It generates maximum revenue from the Silex Systems segment.
59GF Score
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