Evolution ABCHIX:EVOS -0.75%94 Return-on-Tangible-Asset is 37.82% as of Mar. 2026, which is 30% below its 10-year median of 54.01. GuruFocus rates CHIX:EVOS with a GF Score™ of 94/100 and a GF Value™ of kr1,076.21 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 857 Travel & Leisure companies, Evolution AB ranks better than 98.83% 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. Evolution AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr10,855 Mil. Evolution AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr28,697 Mil. Therefore, Evolution AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 37.82%.
The historical rank and industry rank for Evolution AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:EVOs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 42.63 Med: 54.01 Max: 77.46
Current: 44.05
During the past 13 years, Evolution AB's highest Return-on-Tangible-Asset was 77.46%. The lowest was 42.63%. And the median was 54.01%.
CHIX:EVOs's Return-on-Tangible-Asset is ranked better than 98.83% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.7
vs CHIX:EVOs: 44.05
Evolution AB (CHIX:EVOs) 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.
Evolution AB Return-on-Tangible-Asset Related Terms
Evolution AB Return-on-Tangible-Asset Historical Data
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The historical data trend for Evolution AB'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:EVOS vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison
For the Gambling subindustry, Evolution AB'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.
Evolution AB Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Evolution AB'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 37.82% mean?
Evolution AB (CHIX:EVOS) has a Return-on-Tangible-Asset of 37.82% 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 Evolution AB and its competitors. This is 30% below median its historical median of 54.01. Over the past decade, Evolution AB's Return-on-Tangible-Asset has ranged from 42.63 to 77.46. According to the industry distribution chart, Evolution AB ranks #10 out of 857 companies in the Travel & Leisure industry, placing it in the top 1.2%.
Is Evolution AB's Return-on-Tangible-Asset too high?
Evolution AB's current Return-on-Tangible-Asset of 37.82% is 30% below median its 10-year median of 54.01. Over the past 10 years, this metric has ranged from a low of 42.63 to a high of 77.46. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.70. Evolution AB's value of 37.82% is 1300.7% above this industry median. Based on the distribution chart, Evolution AB ranks #10 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution AB has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #10 out of 857 companies for Return-on-Tangible-Asset. This places Evolution AB in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.70. Evolution AB's value of 37.82% is 1300.7% above this benchmark. Historically, Evolution AB's own Return-on-Tangible-Asset has ranged from 42.63 to 77.46 over the past decade. While the company's 10-year median is 54.01 vs. the industry median of 2.70, Evolution AB 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.70, based on 857 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. Evolution AB's current Return-on-Tangible-Asset of 37.82% is 1300.7% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Return-on-Tangible-Asset is 37.82%, which is 30% below median its own 10-year median of 54.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,076.21, compared to a current price of kr661.80 — trading 38.5% below its estimated fair value. The current Return-on-Tangible-Asset is 37.82%, which is 30% below median its 10-year median of 54.01 and 1300.7% above the Travel & Leisure industry median of 2.70. Evolution AB's overall GF Score™ is 94/100 with 1 warning sign 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 Evolution AB (CHIX:EVOS), the current Return-on-Tangible-Asset is 37.82% 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of kr661.80 is trading 38.5% below its estimated GF Value™ of kr1,076.21.
GuruFocus considers Evolution AB to be Significantly Undervalued.
Key valuation signals for CHIX:EVOS:
Return-on-Tangible-Asset: 37.82% (30% below median its 10-year median of 54.01)
GF Value™: kr1,076.21 vs. price of kr661.80 (38.5% below fair value)
Industry Position: 1300.7% above the Travel & Leisure median (#10 of 857)
No single metric tells the full story. See the CHIX:EVOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
94GF Score
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