Sparc TechnologiesASX:SPN +1.89%31 Return-on-Tangible-Asset is -85.66% as of Dec. 2025. GuruFocus rates ASX:SPN with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 1,609 Chemicals companies, Sparc Technologies ranks worse than 98.57% 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. Sparc Technologies's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-3.71 Mil. Sparc Technologies's average total tangible assets for the quarter that ended in Dec. 2025 was A$4.33 Mil. Therefore, Sparc Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -85.66%.
The historical rank and industry rank for Sparc Technologies's Return-on-Tangible-Asset or its related term are showing as below:
ASX:SPN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -427.26 Med: -82.33 Max: -1.75
Current: -85.44
During the past 13 years, Sparc Technologies's highest Return-on-Tangible-Asset was -1.75%. The lowest was -427.26%. And the median was -82.33%.
ASX:SPN's Return-on-Tangible-Asset is ranked worse than 98.57% of 1609
companies
in the Chemicals industry
Industry Median: 3.07
vs ASX:SPN: -85.44
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.
Sparc Technologies Return-on-Tangible-Asset Related Terms
Sparc Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sparc Technologies'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:SPN vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Sparc Technologies'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.
Sparc Technologies Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sparc Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sparc Technologies'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 -85.66% mean?
Sparc Technologies (ASX:SPN) has a Return-on-Tangible-Asset of -85.66% 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 Sparc Technologies and its competitors. According to the industry distribution chart, Sparc Technologies ranks #1586 out of 1609 companies in the Chemicals industry, placing it in the top 98.6%.
Is Sparc Technologies' Return-on-Tangible-Asset too high?
Sparc Technologies' current Return-on-Tangible-Asset is -85.66%. Based on the distribution chart, Sparc Technologies ranks #1586 out of 1609 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sparc Technologies has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Sparc Technologies' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sparc Technologies ranks #1586 out of 1609 companies for Return-on-Tangible-Asset. This places Sparc Technologies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,609 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 Sparc Technologies and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparc Technologies's current Return-on-Tangible-Asset is -85.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparc Technologies stock overvalued right now?
Sparc Technologies (ASX:SPN) has a current Return-on-Tangible-Asset of -85.66%. The current Return-on-Tangible-Asset is -85.66%. Sparc Technologies' overall GF Score™ is 31/100 with 3 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 Sparc Technologies (ASX:SPN), the current Return-on-Tangible-Asset is -85.66% 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.
Sparc Technologies Ltd is focused on the development of technology solutions using the properties of graphene technology and product areas, namely graphene additive materials in coatings and composites, photocatalytic green hydrogen technology, and sustainable hard carbon anodes for use in sodium-ion batteries.
31GF Score
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