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RTX ASCHIX:RTXC 90 Return-on-Tangible-Asset is 11.30% as of Mar. 2026, which is 4% below its 10-year median of 11.79. GuruFocus rates CHIX:RTXC with a GF Score™ of 90/100 and a GF Value™ of kr144.79. The stock has 3 warning signs investors should review. Among 2,503 Hardware companies, RTX AS ranks better than 54.85% 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. RTX AS's annualizedNet Income for the quarter that ended in Mar. 2026 was kr42.5 Mil. RTX AS's average total tangible assets for the quarter that ended in Mar. 2026 was kr376.2 Mil. Therefore, RTX AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.30%.
The historical rank and industry rank for RTX AS's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:RTXc'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.58 Med: 11.79 Max: 18.04
Current: 3.08
During the past 13 years, RTX AS's highest Return-on-Tangible-Asset was 18.04%. The lowest was -6.58%. And the median was 11.79%.
CHIX:RTXc's Return-on-Tangible-Asset is ranked better than 54.85% of 2503
companies
in the Hardware industry
Industry Median: 2.44
vs CHIX:RTXc: 3.08
RTX AS (CHIX:RTXc) 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.
RTX AS Return-on-Tangible-Asset Related Terms
RTX AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RTX 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:RTXC vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, RTX 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.
RTX AS Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, RTX AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RTX 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 11.30% mean?
RTX AS (CHIX:RTXC) has a Return-on-Tangible-Asset of 11.30% 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 RTX AS and its competitors. This is near median its historical median of 11.79. According to the industry distribution chart, RTX AS ranks #1130 out of 2503 companies in the Hardware industry, placing it in the top 45.1%.
Is RTX AS's Return-on-Tangible-Asset too high?
RTX AS's current Return-on-Tangible-Asset of 11.30% is near median its 10-year median of 11.79. The Hardware industry median Return-on-Tangible-Asset is 2.44. RTX AS's value of 11.30% is 363.1% above this industry median. Based on the distribution chart, RTX AS ranks #1130 out of 2503 companies in the Hardware industry, which is above the industry midpoint. Overall, RTX AS has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does RTX AS's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, RTX AS ranks #1130 out of 2503 companies for Return-on-Tangible-Asset. This puts RTX AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.44. RTX AS's value of 11.30% is 363.1% above this benchmark. While the company's 10-year median is 11.79 vs. the industry median of 2.44, RTX 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,503 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. RTX AS's current Return-on-Tangible-Asset of 11.30% is 363.1% 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 RTX AS and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX AS's current Return-on-Tangible-Asset is 11.30%, which is near median its own 10-year median of 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RTX AS stock overvalued right now?
RTX AS (CHIX:RTXC) has a current Return-on-Tangible-Asset of 11.30%. The stock's GF Value™ is kr144.79, compared to a current price of kr158.80 — trading 9.7% above its estimated fair value. The current Return-on-Tangible-Asset is 11.30%, which is near median its 10-year median of 11.79 and 363.1% above the Hardware industry median of 2.44. RTX AS's overall GF Score™ is 90/100 with 3 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 RTX AS (CHIX:RTXC), the current Return-on-Tangible-Asset is 11.30% 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 RTX AS (CHIX:RTXC) Overvalued in 2026?
Based on GuruFocus' analysis, RTX AS stock appears to be overvalued.
The current stock price of kr158.80 is trading 9.7% above its estimated GF Value™ of kr144.79.
Key valuation signals for CHIX:RTXC:
Return-on-Tangible-Asset: 11.30% (near median its 10-year median of 11.79)
GF Value™: kr144.79 vs. price of kr158.80 (9.7% above fair value)
Industry Position: 363.1% above the Hardware median (#1130 of 2503)
No single metric tells the full story. See the CHIX:RTXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RTX AS is engaged in the design, development, and production of wireless communication solutions rooted in a combination of software and hardware. It delivers turnkey solutions to globally recognized B2B customers. Its operating segment includes Enterprise, ProAudio, and Healthcare. In Enterprise, the company designs, develops, and supplies wireless IP telephony products and sub-systems. In ProAudio, it designs, develops, and manufactures wireless audio solutions. In Healthcare, the company builds wireless technology into modern healthcare services, providing patient monitoring solutions and wireless communication infrastructure for high-tech medical devices. The company has a presence in Denmark, the USA, Hong Kong, France, Germany, and other countries.
90GF Score
Get the complete analysis for CHIX:RTXC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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