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CAles HoldingsBOT:CAS 97 Return-on-Tangible-Asset is 16.71% as of Dec. 2025, which is 72% above its 10-year median of 9.70. GuruFocus rates BOT:CAS with a GF Score™ of 97/100 and a GF Value™ of BWP15.18 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,096 Business Services companies, CAles Holdings ranks better than 84.22% 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. CAles Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was BWP726 Mil. CAles Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was BWP4,342 Mil. Therefore, CAles Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 16.71%.
The historical rank and industry rank for CAles Holdings's Return-on-Tangible-Asset or its related term are showing as below:
BOT:CAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.67 Med: 9.7 Max: 14.44
Current: 12.89
During the past 10 years, CAles Holdings's highest Return-on-Tangible-Asset was 14.44%. The lowest was 7.67%. And the median was 9.70%.
BOT:CAS's Return-on-Tangible-Asset is ranked better than 84.22% of 1096
companies
in the Business Services industry
Industry Median: 3.955
vs BOT:CAS: 12.89
CAles Holdings (BOT:CAS) 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.
CAles Holdings Return-on-Tangible-Asset Related Terms
CAles Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CAles Holdings'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.
BOT:CAS vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, CAles Holdings'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.
CAles Holdings Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, CAles Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CAles Holdings'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 16.71% mean?
CAles Holdings (BOT:CAS) has a Return-on-Tangible-Asset of 16.71% 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 CAles Holdings and its competitors. This is 72% above median its historical median of 9.70. Over the past decade, CAles Holdings' Return-on-Tangible-Asset has ranged from 7.67 to 14.44. According to the industry distribution chart, CAles Holdings ranks #173 out of 1096 companies in the Business Services industry, placing it in the top 15.8%.
Is CAles Holdings' Return-on-Tangible-Asset too high?
CAles Holdings' current Return-on-Tangible-Asset of 16.71% is 72% above median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 14.44. The Business Services industry median Return-on-Tangible-Asset is 3.96. CAles Holdings' value of 16.71% is 322.5% above this industry median. Based on the distribution chart, CAles Holdings ranks #173 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, CAles Holdings has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAles Holdings' Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CAles Holdings ranks #173 out of 1096 companies for Return-on-Tangible-Asset. This places CAles Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.96. CAles Holdings' value of 16.71% is 322.5% above this benchmark. Historically, CAles Holdings' own Return-on-Tangible-Asset has ranged from 7.67 to 14.44 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 3.96, CAles Holdings 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.96, based on 1,096 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. CAles Holdings's current Return-on-Tangible-Asset of 16.71% is 322.5% 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 CAles Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAles Holdings's current Return-on-Tangible-Asset is 16.71%, which is 72% above median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAles Holdings stock overvalued right now?
Based on GuruFocus' analysis, CAles Holdings (BOT:CAS) is currently considered Fairly Valued. The stock's GF Value™ is BWP15.18, compared to a current price of BWP14.15 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Asset is 16.71%, which is 72% above median its 10-year median of 9.70 and 322.5% above the Business Services industry median of 3.96. CAles Holdings' overall GF Score™ is 97/100 with 3 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 CAles Holdings (BOT:CAS), the current Return-on-Tangible-Asset is 16.71% 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 CAles Holdings (BOT:CAS) Overvalued in 2026?
Based on GuruFocus' analysis, CAles Holdings stock appears to be undervalued.
The current stock price of BWP14.15 is trading 6.8% below its estimated GF Value™ of BWP15.18.
GuruFocus considers CAles Holdings to be Fairly Valued.
Key valuation signals for BOT:CAS:
Return-on-Tangible-Asset: 16.71% (72% above median its 10-year median of 9.70)
GF Value™: BWP15.18 vs. price of BWP14.15 (6.8% below fair value)
Industry Position: 322.5% above the Business Services median (#173 of 1096)
No single metric tells the full story. See the BOT:CAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue-chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operates in Botswana, Eswatini, Lesotho, Namibia, South Africa, and other countries. The company generates maximum revenue from the Botswana region.
97GF Score
Get the complete analysis for BOT:CAS
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