CBRS (Cerebras Systems) Return-on-Tangible-Asset: -1.54% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CBRS Cerebras Systems Inc CBRS
10 GF Score
Price $183.74
! 3 Warning Signs
View Full Analysis

What is Cerebras Systems Return-on-Tangible-Asset?

Cerebras Systems CBRS -0.15% 10 Return-on-Tangible-Asset is -1.54% as of Mar. 2026. GuruFocus rates CBRS with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Cerebras Systems ranks worse than 64.49% 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. Cerebras Systems's annualized Net Income for the quarter that ended in Mar. 2026 was $-56.0 Mil. Cerebras Systems's average total tangible assets for the quarter that ended in Mar. 2026 was $3,637.2 Mil. Therefore, Cerebras Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.54%.

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

CBRS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -71.98   Med: -56.65   Max: 13.83
Current: -0.39

During the past 4 years, Cerebras Systems's highest Return-on-Tangible-Asset was 13.83%. The lowest was -71.98%. And the median was -56.65%.

CBRS's Return-on-Tangible-Asset is ranked worse than
64.49% of 1028 companies
in the Semiconductors industry
Industry Median: 2.615 vs CBRS: -0.39

Cerebras Systems  (NAS:CBRS) 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.


Cerebras Systems Return-on-Tangible-Asset Related Terms


Cerebras Systems Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cerebras Systems'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.

Cerebras Systems Return-on-Tangible-Asset Chart

Cerebras Systems Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-63.13 -50.16 -71.98 13.83

Cerebras Systems Quarterly Data
Dec22 Dec23 Jun24 Dec24 Mar25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 0.00 -8.58 0.00 -1.54

CBRS vs GFS, CRDO, ON: Return-on-Tangible-Asset Comparison

For the Semiconductors subindustry, Cerebras Systems'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.


Cerebras Systems Return-on-Tangible-Asset vs Semiconductors Industry

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

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


CBRS
10GF Score
Cerebras Systems Inc CBRS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cerebras Systems Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=237.827/( (1112.738+2326.037)/ 2 )
=237.827/1719.3875
=13.83 %

Cerebras Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-56.024/( (2326.037+4948.378)/ 2 )
=-56.024/3637.2075
=-1.54 %

* 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 -1.54% mean?
Cerebras Systems (CBRS) has a Return-on-Tangible-Asset of -1.54% 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 Cerebras Systems and its competitors. According to the industry distribution chart, Cerebras Systems ranks #663 out of 1028 companies in the Semiconductors industry, placing it in the top 64.5%.
Is Cerebras Systems' Return-on-Tangible-Asset too high?
Cerebras Systems' current Return-on-Tangible-Asset is -1.54%. Based on the distribution chart, Cerebras Systems ranks #663 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Cerebras Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cerebras Systems' Return-on-Tangible-Asset compare to GFS and CRDO?
According to the Semiconductors industry distribution chart, Cerebras Systems ranks #663 out of 1028 companies for Return-on-Tangible-Asset. This places Cerebras Systems in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.62. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.62, based on 1,028 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 Cerebras Systems and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerebras Systems's current Return-on-Tangible-Asset is -1.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerebras Systems stock overvalued right now?
Cerebras Systems (CBRS) has a current Return-on-Tangible-Asset of -1.54%. The current Return-on-Tangible-Asset is -1.54%. Cerebras Systems' overall GF Score™ is 10/100 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 Cerebras Systems (CBRS), the current Return-on-Tangible-Asset is -1.54% 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.

Cerebras Systems Business Description

Address 1237 E. Arques Avenue, Sunnyvale, CA, USA, 94085
Cerebras Systems Inc is an AI company. It designs the world's fastest AI infrastructure for training and inference. The company builds the world's largest semiconductor as well as the AI systems to power, cool, and feed the processors data. It develops software to link these systems together into industry-leading supercomputers that are simple to use even for the most complicated AI work, using familiar ML frameworks like PyTorch. Customers use its supercomputers to train industry-leading models. The company uses these supercomputers to run inference at speeds unobtainable from alternative commercial technologies. It delivers these AI capabilities to its customers on-premise and via the cloud. The company generates the majority of its revenue from the USA.
10GF Score

Get the complete analysis for CBRS

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

$183.74
Price