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. Ackermans & Van Haaren NV's annualizedNet Income for the quarter that ended in Dec. 2025 was $748 Mil. Ackermans & Van Haaren NV's average total tangible assets for the quarter that ended in Dec. 2025 was $23,832 Mil. Therefore, Ackermans & Van Haaren NV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.14%.
The historical rank and industry rank for Ackermans & Van Haaren NV's Return-on-Tangible-Asset or its related term are showing as below:
AVHNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.5 Med: 2.39 Max: 4.17
Current: 2.92
During the past 13 years, Ackermans & Van Haaren NV's highest Return-on-Tangible-Asset was 4.17%. The lowest was 1.50%. And the median was 2.39%.
AVHNF's Return-on-Tangible-Asset is ranked worse than 50.87% of 1779
companies
in the Construction industry
Industry Median: 3.02
vs AVHNF: 2.92
Ackermans & Van Haaren NV (OTCPK:AVHNF) 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 companyÂ’s 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 companyÂ’s 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.
Ackermans & Van Haaren NV Return-on-Tangible-Asset Related Terms
Ackermans & Van Haaren NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ackermans & Van Haaren NV'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.
Ackermans & Van Haaren NV Return-on-Tangible-Asset Chart
AVHNF vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ackermans & Van Haaren NV'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.
Ackermans & Van Haaren NV Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ackermans & Van Haaren NV'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 3.14% mean?
Ackermans & Van Haaren NV (AVHNF) has a Return-on-Tangible-Asset of 3.14% 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 Ackermans & Van Haaren NV and its competitors. This is 31% above median its historical median of 2.39. Over the past decade, Ackermans & Van Haaren NV's Return-on-Tangible-Asset has ranged from 1.50 to 4.17. According to the industry distribution chart, Ackermans & Van Haaren NV ranks #905 out of 1779 companies in the Construction industry, placing it in the top 50.9%.
Is Ackermans & Van Haaren NV's Return-on-Tangible-Asset too high?
Ackermans & Van Haaren NV's current Return-on-Tangible-Asset of 3.14% is 31% above median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 4.17. The Construction industry median Return-on-Tangible-Asset is 3.02. Ackermans & Van Haaren NV's value of 3.14% is 4% above this industry median. Based on the distribution chart, Ackermans & Van Haaren NV ranks #905 out of 1779 companies in the Construction industry, which is below the industry midpoint. Overall, Ackermans & Van Haaren NV has a GF Scoreâ„¢ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Ackermans & Van Haaren NV's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ackermans & Van Haaren NV ranks #905 out of 1779 companies for Return-on-Tangible-Asset. This places Ackermans & Van Haaren NV in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.02. Ackermans & Van Haaren NV's value of 3.14% is 4% above this benchmark. Historically, Ackermans & Van Haaren NV's own Return-on-Tangible-Asset has ranged from 1.50 to 4.17 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 3.02, Ackermans & Van Haaren NV 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.02, based on 1,779 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. Ackermans & Van Haaren NV's current Return-on-Tangible-Asset of 3.14% is 4% 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 Ackermans & Van Haaren NV and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ackermans & Van Haaren NV's current Return-on-Tangible-Asset is 3.14%, which is 31% above median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ackermans & Van Haaren NV stock overvalued right now?
Ackermans & Van Haaren NV (AVHNF) has a current Return-on-Tangible-Asset of 3.14%. The stock's GF Value™ is $228.14, compared to a current price of $311.60 — trading 36.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.14%, which is 31% above median its 10-year median of 2.39 and 4% above the Construction industry median of 3.02. Ackermans & Van Haaren NV's overall GF Score™ is 72/100 with 9 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 Ackermans & Van Haaren NV (AVHNF), the current Return-on-Tangible-Asset is 3.14% 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 Ackermans & Van Haaren NV (AVHNF) Overvalued in 2026?
Based on GuruFocus' analysis, Ackermans & Van Haaren NV stock appears to be overvalued.
The current stock price of $311.60 is trading 36.6% above its estimated GF Value™ of $228.14.
Key valuation signals for AVHNF:
Return-on-Tangible-Asset: 3.14% (31% above median its 10-year median of 2.39)
GF Value™: $228.14 vs. price of $311.60 (36.6% above fair value)
Industry Position: 4% above the Construction median (#905 of 1779)
No single metric tells the full story. See the AVHNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ackermans & Van Haaren NV is an investment company. It is a diversified group active in Marine Engineering & Contracting, Private Banking, Real Estate, Energy & Resources, and Growth Capital. The company's business segments include: Marine Engineering and Contracting, Private Banking, Real Estate, Energy and Resources, and AvH and Growth Capital. The majority of revenue is derived from the Marine Engineering & Contracting segment.
72GF Score
Get the complete analysis for AVHNF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AVHNF has been successfully added to your 
