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cBrain ASCHIX:CBRAIC 88 Return-on-Tangible-Asset is 11.38% as of Dec. 2025, which is 23% below its 10-year median of 14.71. GuruFocus rates CHIX:CBRAIC with a GF Score™ of 88/100 and a GF Value™ of kr299.04. The stock has 2 warning signs investors should review. Among 2,893 Software companies, cBrain AS ranks better than 83.03% 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. cBrain AS's annualizedNet Income for the quarter that ended in Dec. 2025 was kr38.0 Mil. cBrain AS's average total tangible assets for the quarter that ended in Dec. 2025 was kr334.0 Mil. Therefore, cBrain AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.38%.
The historical rank and industry rank for cBrain AS's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:CBRAIc'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.51 Med: 14.71 Max: 23.24
Current: 13.03
During the past 13 years, cBrain AS's highest Return-on-Tangible-Asset was 23.24%. The lowest was 3.51%. And the median was 14.71%.
CHIX:CBRAIc's Return-on-Tangible-Asset is ranked better than 83.03% of 2893
companies
in the Software industry
Industry Median: 2.07
vs CHIX:CBRAIc: 13.03
cBrain AS (CHIX:CBRAIc) 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.
cBrain AS Return-on-Tangible-Asset Related Terms
cBrain AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for cBrain 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:CBRAIC vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, cBrain 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.
cBrain AS Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, cBrain AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where cBrain 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.38% mean?
cBrain AS (CHIX:CBRAIC) has a Return-on-Tangible-Asset of 11.38% 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 cBrain AS and its competitors. This is 23% below median its historical median of 14.71. Over the past decade, cBrain AS's Return-on-Tangible-Asset has ranged from 3.51 to 23.24. According to the industry distribution chart, cBrain AS ranks #491 out of 2893 companies in the Software industry, placing it in the top 17%.
Is cBrain AS's Return-on-Tangible-Asset too high?
cBrain AS's current Return-on-Tangible-Asset of 11.38% is 23% below median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 23.24. The Software industry median Return-on-Tangible-Asset is 2.07. cBrain AS's value of 11.38% is 449.8% above this industry median. Based on the distribution chart, cBrain AS ranks #491 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, cBrain AS has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does cBrain AS's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, cBrain AS ranks #491 out of 2893 companies for Return-on-Tangible-Asset. This places cBrain AS in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. cBrain AS's value of 11.38% is 449.8% above this benchmark. Historically, cBrain AS's own Return-on-Tangible-Asset has ranged from 3.51 to 23.24 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 2.07, cBrain AS 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 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. cBrain AS's current Return-on-Tangible-Asset of 11.38% is 449.8% 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 cBrain AS and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. cBrain AS's current Return-on-Tangible-Asset is 11.38%, which is 23% below median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is cBrain AS stock overvalued right now?
cBrain AS (CHIX:CBRAIC) has a current Return-on-Tangible-Asset of 11.38%. The stock's GF Value™ is kr299.04, compared to a current price of kr67.70 — trading 77.4% below its estimated fair value. The current Return-on-Tangible-Asset is 11.38%, which is 23% below median its 10-year median of 14.71 and 449.8% above the Software industry median of 2.07. cBrain AS's overall GF Score™ is 88/100 with 2 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 cBrain AS (CHIX:CBRAIC), the current Return-on-Tangible-Asset is 11.38% 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 cBrain AS (CHIX:CBRAIC) Overvalued in 2026?
Based on GuruFocus' analysis, cBrain AS stock appears to be undervalued.
The current stock price of kr67.70 is trading 77.4% below its estimated GF Value™ of kr299.04.
Key valuation signals for CHIX:CBRAIC:
Return-on-Tangible-Asset: 11.38% (23% below median its 10-year median of 14.71)
GF Value™: kr299.04 vs. price of kr67.70 (77.4% below fair value)
Industry Position: 449.8% above the Software median (#491 of 2893)
No single metric tells the full story. See the CHIX:CBRAIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
cBrain AS is a software engineering company headquartered in Denmark. The company is created from the collective ambition of IT industry pioneers and technology innovators to help governments transform and thereby contribute to creating efficient, accountable and transparent public institutions. The company has developed a Commercial Of-The-Shelf (COTS) software platform named F2, built for government organizations focused on fast-tracking digital transformation at scale.
88GF Score
Get the complete analysis for CHIX:CBRAIC
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