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The historical rank and industry rank for Structural Monitoring Systems's Return-on-Tangible-Asset or its related term are showing as below:
ASX:SMN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -129.62 Med: -17.59 Max: 8.31
Current: 8.31
During the past 13 years, Structural Monitoring Systems's highest Return-on-Tangible-Asset was 8.31%. The lowest was -129.62%. And the median was -17.59%.
ASX:SMN's Return-on-Tangible-Asset is ranked better than 81.53% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs ASX:SMN: 8.31
Structural Monitoring Systems (ASX:SMN) 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.
Structural Monitoring Systems Return-on-Tangible-Asset Related Terms
Structural Monitoring Systems Return-on-Tangible-Asset Historical Data
* 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.
Structural Monitoring Systems Return-on-Tangible-Asset Chart
ASX:SMN vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Structural Monitoring 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.
Structural Monitoring Systems Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Structural Monitoring Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Structural Monitoring 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 -0.68% mean?
Structural Monitoring Systems (ASX:SMN) has a Return-on-Tangible-Asset of -0.68% 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 Structural Monitoring Systems and its competitors. According to the industry distribution chart, Structural Monitoring Systems ranks #462 out of 2502 companies in the Hardware industry, placing it in the top 18.5%.
Is Structural Monitoring Systems' Return-on-Tangible-Asset too high?
Structural Monitoring Systems' current Return-on-Tangible-Asset is -0.68%. Based on the distribution chart, Structural Monitoring Systems ranks #462 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Structural Monitoring Systems has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Structural Monitoring Systems' Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Structural Monitoring Systems ranks #462 out of 2502 companies for Return-on-Tangible-Asset. This places Structural Monitoring Systems in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,502 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 Structural Monitoring Systems and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Structural Monitoring Systems's current Return-on-Tangible-Asset is -0.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Structural Monitoring Systems stock overvalued right now?
Based on GuruFocus' analysis, Structural Monitoring Systems (ASX:SMN) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.37 — trading 42.2% below its estimated fair value. The current Return-on-Tangible-Asset is -0.68%. Structural Monitoring Systems' overall GF Score™ is 56/100 with 2 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 Structural Monitoring Systems (ASX:SMN), the current Return-on-Tangible-Asset is -0.68% 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 Structural Monitoring Systems (ASX:SMN) Overvalued in 2026?
Based on GuruFocus' analysis, Structural Monitoring Systems stock appears to be undervalued.
The current stock price of A$0.37 is trading 42.2% below its estimated GF Value™ of A$0.64.
GuruFocus considers Structural Monitoring Systems to be Significantly Undervalued.
Key valuation signals for ASX:SMN:
Return-on-Tangible-Asset: -0.68%
GF Value™: A$0.64 vs. price of A$0.37 (42.2% below fair value)
No single metric tells the full story. See the ASX:SMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Structural Monitoring Systems Business Description
Structural Monitoring Systems PLC is engaged in the design, development and manufacture of avionic products and the provision of contract electronics manufacturing services to the aviation industry as well as implementation of its commercialization for its CVMTM technology. The company operates predominantly in three industries, being Avionics, Contract Manufacturing and Structural Health Monitoring (CVM) with the majority of the revenue deriving from Avionics segment. The main geographic areas that the entity operates in are the USA, Canada and Europe.
56GF Score
Get the complete analysis for ASX:SMN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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