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GARO ABCHIX:GAROS 62 Return-on-Tangible-Asset is -7.48% as of Mar. 2026. GuruFocus rates CHIX:GAROS with a GF Score™ of 62/100 and a GF Value™ of kr102.84. The stock has 5 warning signs investors should review. Among 3,076 Industrial Products companies, GARO AB ranks worse than 82.31% 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. GARO AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr-68 Mil. GARO AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr903 Mil. Therefore, GARO AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -7.48%.
The historical rank and industry rank for GARO AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:GAROs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.9 Med: 15.48 Max: 22.56
Current: -3.71
During the past 13 years, GARO AB's highest Return-on-Tangible-Asset was 22.56%. The lowest was -5.90%. And the median was 15.48%.
CHIX:GAROs's Return-on-Tangible-Asset is ranked worse than 82.31% of 3076
companies
in the Industrial Products industry
Industry Median: 3.24
vs CHIX:GAROs: -3.71
GARO AB (CHIX:GAROs) 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.
GARO AB Return-on-Tangible-Asset Related Terms
GARO AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GARO 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:GAROS vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, GARO 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.
GARO AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GARO AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GARO 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 -7.48% mean?
GARO AB (CHIX:GAROS) has a Return-on-Tangible-Asset of -7.48% 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 GARO AB and its competitors. According to the industry distribution chart, GARO AB ranks #2532 out of 3076 companies in the Industrial Products industry, placing it in the top 82.3%.
Is GARO AB's Return-on-Tangible-Asset too high?
GARO AB's current Return-on-Tangible-Asset is -7.48%. Based on the distribution chart, GARO AB ranks #2532 out of 3076 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, GARO AB has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does GARO AB's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, GARO AB ranks #2532 out of 3076 companies for Return-on-Tangible-Asset. This places GARO AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,076 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. 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 GARO AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GARO AB's current Return-on-Tangible-Asset is -7.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GARO AB stock overvalued right now?
GARO AB (CHIX:GAROS) has a current Return-on-Tangible-Asset of -7.48%. The stock's GF Value™ is kr102.84, compared to a current price of kr59.30 — trading 42.3% below its estimated fair value. The current Return-on-Tangible-Asset is -7.48%. GARO AB's overall GF Score™ is 62/100 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 GARO AB (CHIX:GAROS), the current Return-on-Tangible-Asset is -7.48% 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 GARO AB (CHIX:GAROS) Overvalued in 2026?
Based on GuruFocus' analysis, GARO AB stock appears to be undervalued.
The current stock price of kr59.30 is trading 42.3% below its estimated GF Value™ of kr102.84.
Key valuation signals for CHIX:GAROS:
Return-on-Tangible-Asset: -7.48%
GF Value™: kr102.84 vs. price of kr59.30 (42.3% below fair value)
No single metric tells the full story. See the CHIX:GAROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. Germany, Poland, and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it includes in-house production at two facilities.
62GF Score
Get the complete analysis for CHIX:GAROS
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