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The historical rank and industry rank for Gol Linhas Aereas Inteligentes's Return-on-Tangible-Asset or its related term are showing as below:
BSP:GOLL54'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -61.08 Med: -12.08 Max: 11.05
Current: -28.31
During the past 13 years, Gol Linhas Aereas Inteligentes's highest Return-on-Tangible-Asset was 11.05%. The lowest was -61.08%. And the median was -12.08%.
BSP:GOLL54's Return-on-Tangible-Asset is not ranked
in the Transportation industry.
Industry Median: 3.76
vs BSP:GOLL54: -28.31
Gol Linhas Aereas Inteligentes (BSP:GOLL54) 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.
Gol Linhas Aereas Inteligentes Return-on-Tangible-Asset Related Terms
Gol Linhas Aereas Inteligentes Return-on-Tangible-Asset Historical Data
* 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.
Gol Linhas Aereas Inteligentes Return-on-Tangible-Asset Chart
BSP:GOLL54 vs DAL, UAL, LUV: Return-on-Tangible-Asset Comparison
For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.
Gol Linhas Aereas Inteligentes Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gol Linhas Aereas Inteligentes'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.07% mean?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a Return-on-Tangible-Asset of 4.07% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gol Linhas Aereas Inteligentes and its competitors.
Is Gol Linhas Aereas Inteligentes' Return-on-Tangible-Asset too high?
Gol Linhas Aereas Inteligentes' current Return-on-Tangible-Asset is 4.07%. The Transportation industry median Return-on-Tangible-Asset is 3.76. Gol Linhas Aereas Inteligentes' value of 4.07% is 8.2% above this industry median. Overall, Gol Linhas Aereas Inteligentes has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gol Linhas Aereas Inteligentes' Return-on-Tangible-Asset compare to DAL and UAL?
Gol Linhas Aereas Inteligentes' Return-on-Tangible-Asset of 4.07% can be compared against companies in the Transportation industry. The industry median Return-on-Tangible-Asset is 3.76. Gol Linhas Aereas Inteligentes' value of 4.07% is 8.2% above this benchmark. 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,009 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. Gol Linhas Aereas Inteligentes's current Return-on-Tangible-Asset of 4.07% is 8.2% 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 Gol Linhas Aereas Inteligentes and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gol Linhas Aereas Inteligentes's current Return-on-Tangible-Asset is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gol Linhas Aereas Inteligentes stock overvalued right now?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a current Return-on-Tangible-Asset of 4.07%. The stock's GF Value™ is R$43.98, compared to a current price of R$9.75 — trading 77.8% below its estimated fair value. The current Return-on-Tangible-Asset is 4.07% and 8.2% above the Transportation industry median of 3.76. Gol Linhas Aereas Inteligentes' overall GF Score™ is 36/100 with 5 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 Gol Linhas Aereas Inteligentes (BSP:GOLL54), the current Return-on-Tangible-Asset is 4.07% as of Sep. 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 Gol Linhas Aereas Inteligentes (BSP:GOLL54) Overvalued in 2026?
Based on GuruFocus' analysis, Gol Linhas Aereas Inteligentes stock appears to be undervalued.
The current stock price of R$9.75 is trading 77.8% below its estimated GF Value™ of R$43.98.
Key valuation signals for BSP:GOLL54:
Return-on-Tangible-Asset: 4.07%
GF Value™: R$43.98 vs. price of R$9.75 (77.8% below fair value)
Industry Position: 8.2% above the Transportation median
No single metric tells the full story. See the BSP:GOLL54 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gol Linhas Aereas Inteligentes Business Description
Gol Linhas Aereas Inteligentes SA is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operates both domestic and international flights from which the majority of revenues come in from domestic operations.
36GF Score
Get the complete analysis for BSP:GOLL54
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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