Atlas Copco ABATLPF -1.92%91 Return-on-Tangible-Asset is 19.08% as of Mar. 2026, which is 18% below its 10-year median of 23.17. GuruFocus rates ATLPF with a GF Score™ of 91/100 and a GF Value™ of $17.39 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Atlas Copco AB ranks better than 97.43% 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. Atlas Copco AB's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,687 Mil. Atlas Copco AB's average total tangible assets for the quarter that ended in Mar. 2026 was $14,079 Mil. Therefore, Atlas Copco AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.08%.
The historical rank and industry rank for Atlas Copco AB's Return-on-Tangible-Asset or its related term are showing as below:
ATLPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.17 Med: 23.17 Max: 132.04
Current: 20.08
During the past 13 years, Atlas Copco AB's highest Return-on-Tangible-Asset was 132.04%. The lowest was 16.17%. And the median was 23.17%.
ATLPF's Return-on-Tangible-Asset is ranked better than 97.43% of 3074
companies
in the Industrial Products industry
Industry Median: 3.235
vs ATLPF: 20.08
Atlas Copco AB (OTCPK:ATLPF) 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.
Atlas Copco AB Return-on-Tangible-Asset Related Terms
Atlas Copco AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Atlas Copco AB'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.
ATLPF vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.
Atlas Copco AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Atlas Copco AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Atlas Copco AB'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 19.08% mean?
Atlas Copco AB (ATLPF) has a Return-on-Tangible-Asset of 19.08% 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 Atlas Copco AB and its competitors. This is 18% below median its historical median of 23.17. Over the past decade, Atlas Copco AB's Return-on-Tangible-Asset has ranged from 16.17 to 132.04. According to the industry distribution chart, Atlas Copco AB ranks #79 out of 3074 companies in the Industrial Products industry, placing it in the top 2.6%.
Is Atlas Copco AB's Return-on-Tangible-Asset too high?
Atlas Copco AB's current Return-on-Tangible-Asset of 19.08% is 18% below median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 16.17 to a high of 132.04. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Atlas Copco AB's value of 19.08% is 489.8% above this industry median. Based on the distribution chart, Atlas Copco AB ranks #79 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Atlas Copco AB has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Copco AB's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Atlas Copco AB ranks #79 out of 3074 companies for Return-on-Tangible-Asset. This places Atlas Copco AB in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Atlas Copco AB's value of 19.08% is 489.8% above this benchmark. Historically, Atlas Copco AB's own Return-on-Tangible-Asset has ranged from 16.17 to 132.04 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 3.24, Atlas Copco AB 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,074 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. Atlas Copco AB's current Return-on-Tangible-Asset of 19.08% is 489.8% 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 Atlas Copco AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Copco AB's current Return-on-Tangible-Asset is 19.08%, which is 18% below median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Copco AB stock overvalued right now?
Based on GuruFocus' analysis, Atlas Copco AB (ATLPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.39, compared to a current price of $20.18 — trading 16% above its estimated fair value. The current Return-on-Tangible-Asset is 19.08%, which is 18% below median its 10-year median of 23.17 and 489.8% above the Industrial Products industry median of 3.24. Atlas Copco AB's 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 Atlas Copco AB (ATLPF), the current Return-on-Tangible-Asset is 19.08% 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 Atlas Copco AB (ATLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Copco AB stock appears to be overvalued.
The current stock price of $20.18 is trading 16% above its estimated GF Value™ of $17.39.
GuruFocus considers Atlas Copco AB to be Modestly Overvalued.
Key valuation signals for ATLPF:
Return-on-Tangible-Asset: 19.08% (18% below median its 10-year median of 23.17)
GF Value™: $17.39 vs. price of $20.18 (16% above fair value)
Industry Position: 489.8% above the Industrial Products median (#79 of 3074)
No single metric tells the full story. See the ATLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.
91GF Score
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