Alk-Abello ASCHIX:ALKBC 92 Return-on-Tangible-Asset is 23.63% as of Mar. 2026, which is 351% above its 10-year median of 5.24. GuruFocus rates CHIX:ALKBC with a GF Score™ of 92/100 and a GF Value™ of kr208.02 (Modestly Overvalued). Among 1,416 Biotechnology companies, Alk-Abello AS ranks better than 95.06% 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. Alk-Abello AS's annualizedNet Income for the quarter that ended in Mar. 2026 was kr1,748 Mil. Alk-Abello AS's average total tangible assets for the quarter that ended in Mar. 2026 was kr7,398 Mil. Therefore, Alk-Abello AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 23.63%.
The historical rank and industry rank for Alk-Abello AS's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:ALKBc'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.07 Med: 5.24 Max: 18.62
Current: 18.62
During the past 13 years, Alk-Abello AS's highest Return-on-Tangible-Asset was 18.62%. The lowest was -4.07%. And the median was 5.24%.
CHIX:ALKBc's Return-on-Tangible-Asset is ranked better than 95.06% of 1416
companies
in the Biotechnology industry
Industry Median: -35.76
vs CHIX:ALKBc: 18.62
Alk-Abello AS (CHIX:ALKBc) 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.
Alk-Abello AS Return-on-Tangible-Asset Related Terms
Alk-Abello AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Alk-Abello AS'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.
CHIX:ALKBC vs VRTX, REGN, ALNY: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Alk-Abello AS'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.
Alk-Abello AS Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Alk-Abello AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alk-Abello AS'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 23.63% mean?
Alk-Abello AS (CHIX:ALKBC) has a Return-on-Tangible-Asset of 23.63% 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 Alk-Abello AS and its competitors. This is 351% above median its historical median of 5.24. According to the industry distribution chart, Alk-Abello AS ranks #70 out of 1416 companies in the Biotechnology industry, placing it in the top 4.9%.
Is Alk-Abello AS's Return-on-Tangible-Asset too high?
Alk-Abello AS's current Return-on-Tangible-Asset of 23.63% is 351% above median its 10-year median of 5.24. Based on the distribution chart, Alk-Abello AS ranks #70 out of 1416 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Alk-Abello AS has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alk-Abello AS's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Alk-Abello AS ranks #70 out of 1416 companies for Return-on-Tangible-Asset. This places Alk-Abello AS in the top 5% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Alk-Abello AS and its competitors. Alk-Abello AS's current Return-on-Tangible-Asset is 23.63%, which is 351% above median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alk-Abello AS stock overvalued right now?
Based on GuruFocus' analysis, Alk-Abello AS (CHIX:ALKBC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr208.02, compared to a current price of kr256.30 — trading 23.2% above its estimated fair value. The current Return-on-Tangible-Asset is 23.63%, which is 351% above median its 10-year median of 5.24. Alk-Abello AS's overall GF Score™ is 92/100. 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 Alk-Abello AS (CHIX:ALKBC), the current Return-on-Tangible-Asset is 23.63% 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 Alk-Abello AS (CHIX:ALKBC) Overvalued in 2026?
Based on GuruFocus' analysis, Alk-Abello AS stock appears to be overvalued.
The current stock price of kr256.30 is trading 23.2% above its estimated GF Value™ of kr208.02.
GuruFocus considers Alk-Abello AS to be Modestly Overvalued.
Key valuation signals for CHIX:ALKBC:
Return-on-Tangible-Asset: 23.63% (351% above median its 10-year median of 5.24)
GF Value™: kr208.02 vs. price of kr256.30 (23.2% above fair value)
No single metric tells the full story. See the CHIX:ALKBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alk-Abello AS is a biotechnology company that focuses on pharmaceutical prevention, diagnosis, and treatment of allergies. The company is focused on respiratory diseases, including allergic rhinitis and allergic asthma. Moreover, the firm specializes in venom immunotherapy for patients suffering from bee and wasp allergies. The company's treatments induce a protective immune response that provides sustained symptom relief. Its primary focus is on allergy patients whose disease is not well controlled, despite the use of symptom-relieving medication. The company operates in Europe, North America and International Markets. It derives maximum revenue from Europe.
92GF Score
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