Cenit AGCHIX:CSHD 80 Return-on-Tangible-Asset is 10.57% as of Mar. 2026, which is 65% above its 10-year median of 6.40. GuruFocus rates CHIX:CSHD with a GF Score™ of 80/100 and a GF Value™ of €16.60. The stock has 5 warning signs investors should review. Among 2,883 Software companies, Cenit AG ranks better than 65.76% 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. Cenit AG's annualizedNet Income for the quarter that ended in Mar. 2026 was €10.1 Mil. Cenit AG's average total tangible assets for the quarter that ended in Mar. 2026 was €95.1 Mil. Therefore, Cenit AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.57%.
The historical rank and industry rank for Cenit AG's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:CSHd'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.98 Med: 6.4 Max: 12.63
Current: 6.32
During the past 13 years, Cenit AG's highest Return-on-Tangible-Asset was 12.63%. The lowest was -1.98%. And the median was 6.40%.
CHIX:CSHd's Return-on-Tangible-Asset is ranked better than 65.76% of 2883
companies
in the Software industry
Industry Median: 2.02
vs CHIX:CSHd: 6.32
Cenit AG (CHIX:CSHd) 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.
Cenit AG Return-on-Tangible-Asset Related Terms
Cenit AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cenit AG'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:CSHD vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Cenit AG'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.
Cenit AG Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Cenit AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cenit AG'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 10.57% mean?
Cenit AG (CHIX:CSHD) has a Return-on-Tangible-Asset of 10.57% 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 Cenit AG and its competitors. This is 65% above median its historical median of 6.40. According to the industry distribution chart, Cenit AG ranks #987 out of 2883 companies in the Software industry, placing it in the top 34.2%.
Is Cenit AG's Return-on-Tangible-Asset too high?
Cenit AG's current Return-on-Tangible-Asset of 10.57% is 65% above median its 10-year median of 6.40. The Software industry median Return-on-Tangible-Asset is 2.02. Cenit AG's value of 10.57% is 423.3% above this industry median. Based on the distribution chart, Cenit AG ranks #987 out of 2883 companies in the Software industry, which is above the industry midpoint. Overall, Cenit AG has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Cenit AG ranks #987 out of 2883 companies for Return-on-Tangible-Asset. This puts Cenit AG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.02. Cenit AG's value of 10.57% is 423.3% above this benchmark. While the company's 10-year median is 6.40 vs. the industry median of 2.02, Cenit AG 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 2.02, based on 2,883 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. Cenit AG's current Return-on-Tangible-Asset of 10.57% is 423.3% 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 Cenit AG and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenit AG's current Return-on-Tangible-Asset is 10.57%, which is 65% above median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Cenit AG (CHIX:CSHD) has a current Return-on-Tangible-Asset of 10.57%. The stock's GF Value™ is €16.60, compared to a current price of €14.38 — trading 13.4% below its estimated fair value. The current Return-on-Tangible-Asset is 10.57%, which is 65% above median its 10-year median of 6.40 and 423.3% above the Software industry median of 2.02. Cenit AG's overall GF Score™ is 80/100 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 Cenit AG (CHIX:CSHD), the current Return-on-Tangible-Asset is 10.57% 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 Cenit AG (CHIX:CSHD) Overvalued in 2026?
Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued.
The current stock price of €14.38 is trading 13.4% below its estimated GF Value™ of €16.60.
Key valuation signals for CHIX:CSHD:
Return-on-Tangible-Asset: 10.57% (65% above median its 10-year median of 6.40)
GF Value™: €16.60 vs. price of €14.38 (13.4% below fair value)
Industry Position: 423.3% above the Software median (#987 of 2883)
No single metric tells the full story. See the CHIX:CSHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
80GF Score
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