Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Troax Group AB's annualizedNet Income for the quarter that ended in Jun. 2026 was kr-267 Mil. Troax Group AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr2,791 Mil. Therefore, Troax Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -9.59%.
The historical rank and industry rank for Troax Group AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:TROAXs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.05 Med: 20.19 Max: 26.63
Current: 1.05
During the past 13 years, Troax Group AB's highest Return-on-Tangible-Asset was 26.63%. The lowest was 1.05%. And the median was 20.19%.
CHIX:TROAXs's Return-on-Tangible-Asset is ranked worse than 67.32% of 3084
companies
in the Industrial Products industry
Industry Median: 3.41
vs CHIX:TROAXs: 1.05
Troax Group AB (CHIX:TROAXs) 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.
Troax Group AB Return-on-Tangible-Asset Related Terms
Troax Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Troax Group 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:TROAXS vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Troax Group 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.
Troax Group AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Troax Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Troax Group 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -9.59% mean?
Troax Group AB (CHIX:TROAXS) has a Return-on-Tangible-Asset of -9.59% 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 Troax Group AB and its competitors. Over the past decade, Troax Group AB's Return-on-Tangible-Asset has ranged from 1.05 to 26.63. According to the industry distribution chart, Troax Group AB ranks #2076 out of 3084 companies in the Industrial Products industry, placing it in the top 67.3%.
Is Troax Group AB's Return-on-Tangible-Asset too high?
Troax Group AB's current Return-on-Tangible-Asset is -9.59%. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 26.63. Based on the distribution chart, Troax Group AB ranks #2076 out of 3084 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Troax Group AB has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Troax Group AB's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Troax Group AB ranks #2076 out of 3084 companies for Return-on-Tangible-Asset. This places Troax Group AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.41. Historically, Troax Group AB's own Return-on-Tangible-Asset has ranged from 1.05 to 26.63 over the past decade. 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 3.41, based on 3,084 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 Troax Group AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Troax Group AB's current Return-on-Tangible-Asset is -9.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Troax Group AB stock overvalued right now?
Troax Group AB (CHIX:TROAXS) has a current Return-on-Tangible-Asset of -9.59%. The stock's GF Value™ is kr132.64, compared to a current price of kr105.60 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Asset is -9.59%. Troax Group AB's overall GF Score™ is 91/100 with 9 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 Troax Group AB (CHIX:TROAXS), the current Return-on-Tangible-Asset is -9.59% 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.
Is Troax Group AB (CHIX:TROAXS) Overvalued in 2026?
Based on GuruFocus' analysis, Troax Group AB stock appears to be undervalued.
The current stock price of kr105.60 is trading 20.4% below its estimated GF Value™ of kr132.64.
Key valuation signals for CHIX:TROAXS:
Return-on-Tangible-Asset: -9.59%
GF Value™: kr132.64 vs. price of kr105.60 (20.4% below fair value)
No single metric tells the full story. See the CHIX:TROAXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.
91GF Score
Get the complete analysis for CHIX:TROAXS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:TROAXS has been successfully added to your 
