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Performance TechnologiesATH:PERF -2.05%91 Return-on-Tangible-Asset is 14.17% as of Dec. 2025, which is 24% above its 10-year median of 11.39. GuruFocus rates ATH:PERF with a GF Score™ of 91/100 and a GF Value™ of €8.85 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,886 Software companies, Performance Technologies ranks better than 80.77% 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. Performance Technologies's annualizedNet Income for the quarter that ended in Dec. 2025 was €8.77 Mil. Performance Technologies's average total tangible assets for the quarter that ended in Dec. 2025 was €61.89 Mil. Therefore, Performance Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.17%.
The historical rank and industry rank for Performance Technologies's Return-on-Tangible-Asset or its related term are showing as below:
ATH:PERF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.19 Med: 11.39 Max: 13.59
Current: 11.61
During the past 9 years, Performance Technologies's highest Return-on-Tangible-Asset was 13.59%. The lowest was 4.19%. And the median was 11.39%.
ATH:PERF's Return-on-Tangible-Asset is ranked better than 80.77% of 2886
companies
in the Software industry
Industry Median: 2.04
vs ATH:PERF: 11.61
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.
Performance Technologies Return-on-Tangible-Asset Related Terms
Performance Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Performance 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.
ATH:PERF vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Performance 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.
Performance Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Performance Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Performance 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 14.17% mean?
Performance Technologies (ATH:PERF) has a Return-on-Tangible-Asset of 14.17% 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 Performance Technologies and its competitors. This is 24% above median its historical median of 11.39. Over the past decade, Performance Technologies' Return-on-Tangible-Asset has ranged from 4.19 to 13.59. According to the industry distribution chart, Performance Technologies ranks #555 out of 2886 companies in the Software industry, placing it in the top 19.2%.
Is Performance Technologies' Return-on-Tangible-Asset too high?
Performance Technologies' current Return-on-Tangible-Asset of 14.17% is 24% above median its 10-year median of 11.39. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 13.59. The Software industry median Return-on-Tangible-Asset is 2.04. Performance Technologies' value of 14.17% is 594.6% above this industry median. Based on the distribution chart, Performance Technologies ranks #555 out of 2886 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Performance Technologies has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Performance Technologies' Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Performance Technologies ranks #555 out of 2886 companies for Return-on-Tangible-Asset. This places Performance Technologies in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Performance Technologies' value of 14.17% is 594.6% above this benchmark. Historically, Performance Technologies' own Return-on-Tangible-Asset has ranged from 4.19 to 13.59 over the past decade. While the company's 10-year median is 11.39 vs. the industry median of 2.04, Performance Technologies has consistently been above the industry average. 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 2,886 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. Performance Technologies's current Return-on-Tangible-Asset of 14.17% is 594.6% above the industry median. 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 Performance Technologies 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. Performance Technologies's current Return-on-Tangible-Asset is 14.17%, which is 24% above median its own 10-year median of 11.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Performance Technologies (ATH:PERF) is currently considered Fairly Valued. The stock's GF Value™ is €8.85, compared to a current price of €9.05 — trading 2.3% above its estimated fair value. The current Return-on-Tangible-Asset is 14.17%, which is 24% above median its 10-year median of 11.39 and 594.6% above the Software industry median of 2.04. Performance Technologies' overall GF Score™ is 91/100 with 6 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 Performance Technologies (ATH:PERF), the current Return-on-Tangible-Asset is 14.17% 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 Performance Technologies (ATH:PERF) Overvalued in 2026?
Based on GuruFocus' analysis, Performance Technologies stock appears to be overvalued.
The current stock price of €9.05 is trading 2.3% above its estimated GF Value™ of €8.85.
GuruFocus considers Performance Technologies to be Fairly Valued.
Key valuation signals for ATH:PERF:
Return-on-Tangible-Asset: 14.17% (24% above median its 10-year median of 11.39)
GF Value™: €8.85 vs. price of €9.05 (2.3% above fair value)
Industry Position: 594.6% above the Software median (#555 of 2886)
No single metric tells the full story. See the ATH:PERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.
91GF Score
Get the complete analysis for ATH:PERF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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