ATH:ANDRO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.57 Med: 14.23 Max: 23.6
Current: 13.44
During the past 13 years, Alpha Trust Andromeda Investment Trust's highest Return-on-Tangible-Asset was 23.60%. The lowest was -5.57%. And the median was 14.23%.
ATH:ANDRO's Return-on-Tangible-Asset is ranked better than 78.12% of 1632
companies
in the Asset Management industry
Industry Median: 4.095
vs ATH:ANDRO: 13.44
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.
Alpha Trust Andromeda Investment Trust Return-on-Tangible-Asset Related Terms
Alpha Trust Andromeda Investment Trust 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.
ATH:ANDRO vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust'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.
Alpha Trust Andromeda Investment Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alpha Trust Andromeda Investment Trust'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -19.70% mean?
Alpha Trust Andromeda Investment Trust (ATH:ANDRO) has a Return-on-Tangible-Asset of -19.70% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alpha Trust Andromeda Investment Trust and its competitors. According to the industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #357 out of 1632 companies in the Asset Management industry, placing it in the top 21.9%.
Is Alpha Trust Andromeda Investment Trust's Return-on-Tangible-Asset too high?
Alpha Trust Andromeda Investment Trust's current Return-on-Tangible-Asset is -19.70%. Based on the distribution chart, Alpha Trust Andromeda Investment Trust ranks #357 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Trust Andromeda Investment Trust has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Trust Andromeda Investment Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #357 out of 1632 companies for Return-on-Tangible-Asset. This places Alpha Trust Andromeda Investment Trust in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.10. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.10, based on 1,632 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 Alpha Trust Andromeda Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Trust Andromeda Investment Trust's current Return-on-Tangible-Asset is -19.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Trust Andromeda Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust (ATH:ANDRO) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.39, compared to a current price of €8.28 — trading 12% above its estimated fair value. The current Return-on-Tangible-Asset is -19.70%. Alpha Trust Andromeda Investment Trust's overall GF Score™ is 76/100 with 4 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO), the current Return-on-Tangible-Asset is -19.70% as of Mar. 2026. 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust stock appears to be overvalued.
The current stock price of €8.28 is trading 12% above its estimated GF Value™ of €7.39.
GuruFocus considers Alpha Trust Andromeda Investment Trust to be Modestly Overvalued.
Key valuation signals for ATH:ANDRO:
Return-on-Tangible-Asset: -19.70%
GF Value™: €7.39 vs. price of €8.28 (12% above fair value)
No single metric tells the full story. See the ATH:ANDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Trust Andromeda Investment Trust Business Description
Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.
76GF Score
Get the complete analysis for ATH:ANDRO
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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