Cadre HoldingsCDRE -3.14%80 Return-on-Tangible-Asset is 1.67% as of Mar. 2026, which is 84% below its 10-year median of 10.14. GuruFocus rates CDRE with a GF Score™ of 80/100 and a GF Value™ of $38.47 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 356 Aerospace & Defense companies, Cadre Holdings ranks better than 75.84% 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. Cadre Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $7.9 Mil. Cadre Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $474.4 Mil. Therefore, Cadre Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.67%.
The historical rank and industry rank for Cadre Holdings's Return-on-Tangible-Asset or its related term are showing as below:
CDRE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.06 Med: 10.14 Max: 22.15
Current: 7.88
During the past 7 years, Cadre Holdings's highest Return-on-Tangible-Asset was 22.15%. The lowest was -1.06%. And the median was 10.14%.
CDRE's Return-on-Tangible-Asset is ranked better than 75.84% of 356
companies
in the Aerospace & Defense industry
Industry Median: 3.085
vs CDRE: 7.88
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.
Cadre Holdings Return-on-Tangible-Asset Related Terms
Cadre Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cadre 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.
CDRE vs RCAT, AVEX, NPK: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Cadre 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.
Cadre Holdings Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cadre 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.67% mean?
Cadre Holdings (CDRE) has a Return-on-Tangible-Asset of 1.67% 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 Cadre Holdings and its competitors. This is 84% below median its historical median of 10.14. According to the industry distribution chart, Cadre Holdings ranks #86 out of 356 companies in the Aerospace & Defense industry, placing it in the top 24.2%.
Is Cadre Holdings' Return-on-Tangible-Asset too high?
Cadre Holdings' current Return-on-Tangible-Asset of 1.67% is 84% below median its 10-year median of 10.14. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.09. Cadre Holdings' value of 1.67% is 45.9% below this industry median. Based on the distribution chart, Cadre Holdings ranks #86 out of 356 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Cadre Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cadre Holdings' Return-on-Tangible-Asset compare to RCAT and AVEX?
According to the Aerospace & Defense industry distribution chart, Cadre Holdings ranks #86 out of 356 companies for Return-on-Tangible-Asset. This places Cadre Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Cadre Holdings' value of 1.67% is 45.9% below this benchmark. While the company's 10-year median is 10.14 vs. the industry median of 3.09, Cadre Holdings has consistently been below 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.09, based on 356 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. Cadre Holdings's current Return-on-Tangible-Asset of 1.67% is 45.9% below 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 Cadre Holdings and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadre Holdings's current Return-on-Tangible-Asset is 1.67%, which is 84% below median its own 10-year median of 10.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cadre Holdings (CDRE) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.47, compared to a current price of $29.33 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.67%, which is 84% below median its 10-year median of 10.14 and 45.9% below the Aerospace & Defense industry median of 3.09. Cadre Holdings' overall GF Score™ is 80/100 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 Cadre Holdings (CDRE), the current Return-on-Tangible-Asset is 1.67% 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.
Is Cadre Holdings (CDRE) Overvalued in 2026?
Based on GuruFocus' analysis, Cadre Holdings stock appears to be undervalued.
The current stock price of $29.33 is trading 23.8% below its estimated GF Value™ of $38.47.
GuruFocus considers Cadre Holdings to be Modestly Undervalued.
Key valuation signals for CDRE:
Return-on-Tangible-Asset: 1.67% (84% below median its 10-year median of 10.14)
GF Value™: $38.47 vs. price of $29.33 (23.8% below fair value)
Industry Position: 45.9% below the Aerospace & Defense median (#86 of 356)
No single metric tells the full story. See the CDRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments - the Product segment, which is comprised of components that manufacture and sell products, and the Distribution segment, which is comprised of business that serves as a one-stop shop for law enforcement agencies that sells goods produced by the Product segment, as well as other third-party products.
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