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Tkms Ag KGaACHIX:TKMSD +0.12%14 Return-on-Tangible-Asset is 2.60% as of Jun. 2026, which is 59% above its 10-year median of 1.64. GuruFocus rates CHIX:TKMSD with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 363 Aerospace & Defense companies, Tkms Ag KGaA ranks worse than 57.3% 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. Tkms Ag KGaA's annualizedNet Income for the quarter that ended in Jun. 2026 was €100 Mil. Tkms Ag KGaA's average total tangible assets for the quarter that ended in Jun. 2026 was €3,845 Mil. Therefore, Tkms Ag KGaA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.60%.
The historical rank and industry rank for Tkms Ag KGaA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:TKMSd'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.33 Med: 1.64 Max: 2.31
Current: 1.2
During the past 3 years, Tkms Ag KGaA's highest Return-on-Tangible-Asset was 2.31%. The lowest was 0.33%. And the median was 1.64%.
CHIX:TKMSd's Return-on-Tangible-Asset is ranked worse than 57.3% of 363
companies
in the Aerospace & Defense industry
Industry Median: 2.35
vs CHIX:TKMSd: 1.20
Tkms Ag KGaA (CHIX:TKMSd) 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.
Tkms Ag KGaA Return-on-Tangible-Asset Related Terms
Tkms Ag KGaA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tkms Ag KGaA'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:TKMSD vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Tkms Ag KGaA'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.
Tkms Ag KGaA Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Tkms Ag KGaA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tkms Ag KGaA'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.60% mean?
Tkms Ag KGaA (CHIX:TKMSD) has a Return-on-Tangible-Asset of 2.60% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tkms Ag KGaA and its competitors. This is 59% above median its historical median of 1.64. Over the past decade, Tkms Ag KGaA's Return-on-Tangible-Asset has ranged from 0.33 to 2.31. According to the industry distribution chart, Tkms Ag KGaA ranks #208 out of 363 companies in the Aerospace & Defense industry, placing it in the top 57.3%.
Is Tkms Ag KGaA's Return-on-Tangible-Asset too high?
Tkms Ag KGaA's current Return-on-Tangible-Asset of 2.60% is 59% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.31. The Aerospace & Defense industry median Return-on-Tangible-Asset is 2.35. Tkms Ag KGaA's value of 2.60% is 10.6% above this industry median. Based on the distribution chart, Tkms Ag KGaA ranks #208 out of 363 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Tkms Ag KGaA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tkms Ag KGaA's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Tkms Ag KGaA ranks #208 out of 363 companies for Return-on-Tangible-Asset. This places Tkms Ag KGaA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.35. Tkms Ag KGaA's value of 2.60% is 10.6% above this benchmark. Historically, Tkms Ag KGaA's own Return-on-Tangible-Asset has ranged from 0.33 to 2.31 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 2.35, Tkms Ag KGaA 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 2.35, based on 363 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. Tkms Ag KGaA's current Return-on-Tangible-Asset of 2.60% is 10.6% 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 Tkms Ag KGaA and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tkms Ag KGaA's current Return-on-Tangible-Asset is 2.60%, which is 59% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tkms Ag KGaA stock overvalued right now?
Tkms Ag KGaA (CHIX:TKMSD) has a current Return-on-Tangible-Asset of 2.60%. The current Return-on-Tangible-Asset is 2.60%, which is 59% above median its 10-year median of 1.64 and 10.6% above the Aerospace & Defense industry median of 2.35. Tkms Ag KGaA's overall GF Score™ is 14/100 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 Tkms Ag KGaA (CHIX:TKMSD), the current Return-on-Tangible-Asset is 2.60% as of Jun. 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.
Tkms Ag & Co KGaA is an international maritime industrial group. The company is a system provider in submarine and surface vessel construction, in the field of maritime electronics and security technology and in solutions in the non-military sector. Its portfolio includes the development and manufacture of conventional submarines, specialized submarines such as frigates and corvettes and specialized civilian vessels. The business activities of TKMS comprise the three operating units (i) Submarines, (ii) Surface Vessels and (iii) Atlas Electronics. The majority of the company's revenue is derived from the Submarines segment, which comprises the construction (including design, procurement, and manufacturing) of non-nuclear submarines for use in coastal and offshore areas.
14GF Score
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