BASE (Couchbase) Return-on-Tangible-Asset: -38.26% (As of Jul. 2025)


BASE Couchbase Inc BASE
17 GF Score
Price $24.51
GF Value $19.01
! 7 Warning Signs
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What is Couchbase Return-on-Tangible-Asset?

Couchbase BASE 17 Return-on-Tangible-Asset is -38.26% as of Jul. 2025. GuruFocus rates BASE with a GF Score™ of 17/100 and a GF Value™ of $19.01. The stock has 7 warning signs investors should review.

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. Couchbase's annualized Net Income for the quarter that ended in Jul. 2025 was $-95.1 Mil. Couchbase's average total tangible assets for the quarter that ended in Jul. 2025 was $248.7 Mil. Therefore, Couchbase's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2025 was -38.26%.

The historical rank and industry rank for Couchbase's Return-on-Tangible-Asset or its related term are showing as below:

BASE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -43.24   Med: -30.79   Max: -25.86
Current: -30.92

During the past 6 years, Couchbase's highest Return-on-Tangible-Asset was -25.86%. The lowest was -43.24%. And the median was -30.79%.

BASE's Return-on-Tangible-Asset is not ranked
in the Software industry.
Industry Median: 2.02 vs BASE: -30.92

Couchbase  (NAS:BASE) 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 company’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 company’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.


Couchbase Return-on-Tangible-Asset Related Terms


Couchbase Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Couchbase'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.

Couchbase Return-on-Tangible-Asset Chart

Couchbase Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -43.24 -29.56 -25.86 -32.02 -29.37

Couchbase Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -33.26 -31.68 -25.85 -27.87 -38.26

BASE vs ATEN, SUPX, RPD: Return-on-Tangible-Asset Comparison

For the Software - Infrastructure subindustry, Couchbase'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.


Couchbase Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Couchbase's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Couchbase's Return-on-Tangible-Asset falls into.


BASE
17GF Score
Couchbase Inc BASE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Couchbase Return-on-Tangible-Asset Calculation

Couchbase's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=-74.653/( (247.752+260.598)/ 2 )
=-74.653/254.175
=-29.37 %

Couchbase's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jul. 2025 )  (Q: Apr. 2025 )(Q: Jul. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jul. 2025 )  (Q: Apr. 2025 )(Q: Jul. 2025 )
=-95.144/( (246.959+250.434)/ 2 )
=-95.144/248.6965
=-38.26 %

* 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 (Jul. 2025) net income data.

What does a Return-on-Tangible-Asset of -38.26% mean?
Couchbase (BASE) has a Return-on-Tangible-Asset of -38.26% as of Jul. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Couchbase and its competitors.
Is Couchbase's Return-on-Tangible-Asset too high?
Couchbase's current Return-on-Tangible-Asset is -38.26%. Overall, Couchbase has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Couchbase's Return-on-Tangible-Asset compare to ATEN and SUPX?
Couchbase's Return-on-Tangible-Asset of -38.26% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.02. 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 2.02, based on 2,882 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 Couchbase and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Couchbase's current Return-on-Tangible-Asset is -38.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Couchbase stock overvalued right now?
Couchbase (BASE) has a current Return-on-Tangible-Asset of -38.26%. The stock's GF Value™ is $19.01, compared to a current price of $24.51 — trading 28.9% above its estimated fair value. The current Return-on-Tangible-Asset is -38.26%. Couchbase's overall GF Score™ is 17/100 with 7 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 Couchbase (BASE), the current Return-on-Tangible-Asset is -38.26% as of Jul. 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 Couchbase (BASE) Overvalued in 2026?

Based on GuruFocus' analysis, Couchbase stock appears to be overvalued. The current stock price of $24.51 is trading 28.9% above its estimated GF Value™ of $19.01.

Key valuation signals for BASE:

  • Return-on-Tangible-Asset: -38.26%
  • GF Value™: $19.01 vs. price of $24.51 (28.9% above fair value)
  • GF Score™: 17/100 with 7 warning signs

No single metric tells the full story. See the BASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Couchbase Business Description

Address 3250 Olcott Street, Santa Clara, CA, USA, 95054
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Geographically, the company generates a majority of its revenue from the United States.
17GF Score

Get the complete analysis for BASE

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.51
Price
$19.01
GF Value