Ultimate Products (CHIX:ULTPL) Return-on-Tangible-Asset: 4.94% (As of Jan. 2026) — 68% Below Median

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Director of Data and Quant Analytics at GuruFocus
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CHIX:ULTPL Ultimate Products PLC CHIX:ULTPL
64 GF Score
Price £0.48
GF Value £1.18
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Ultimate Products Return-on-Tangible-Asset?

Ultimate Products CHIX:ULTPL 64 Return-on-Tangible-Asset is 4.94% as of Jan. 2026, which is 68% below its 10-year median of 15.45. GuruFocus rates CHIX:ULTPL with a GF Score™ of 64/100 and a GF Value™ of £1.18 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Ultimate Products ranks better than 70.74% 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. Ultimate Products's annualized Net Income for the quarter that ended in Jan. 2026 was £3.4 Mil. Ultimate Products's average total tangible assets for the quarter that ended in Jan. 2026 was £69.8 Mil. Therefore, Ultimate Products's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 4.94%.

The historical rank and industry rank for Ultimate Products's Return-on-Tangible-Asset or its related term are showing as below:

CHIX:ULTPl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.42   Med: 15.45   Max: 20.9
Current: 5.42

During the past 12 years, Ultimate Products's highest Return-on-Tangible-Asset was 20.90%. The lowest was 5.42%. And the median was 15.45%.

CHIX:ULTPl's Return-on-Tangible-Asset is ranked better than
70.74% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.39 vs CHIX:ULTPl: 5.42

Ultimate Products  (CHIX:ULTPl) 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 company’s 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 company’s 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.


Ultimate Products Return-on-Tangible-Asset Related Terms


Ultimate Products Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ultimate Products'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.

Ultimate Products Return-on-Tangible-Asset Chart

Ultimate Products Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.46 18.66 16.69 13.85 7.82

Ultimate Products Semi-Annual Data
Jul15 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.08 9.22 9.33 5.99 4.94

CHIX:ULTPL vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.


Ultimate Products Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ultimate Products's Return-on-Tangible-Asset falls into.


CHIX:ULTPL
64GF Score
Ultimate Products PLC CHIX:ULTPL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultimate Products Return-on-Tangible-Asset Calculation

Ultimate Products's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=5.807/( (79.262+69.161)/ 2 )
=5.807/74.2115
=7.82 %

Ultimate Products's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=3.446/( (69.161+70.416)/ 2 )
=3.446/69.7885
=4.94 %

* 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 two times the semi-annual (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of 4.94% mean?
Ultimate Products (CHIX:ULTPL) has a Return-on-Tangible-Asset of 4.94% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ultimate Products and its competitors. This is 68% below median its historical median of 15.45. Over the past decade, Ultimate Products' Return-on-Tangible-Asset has ranged from 5.42 to 20.90. According to the industry distribution chart, Ultimate Products ranks #127 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29.3%.
Is Ultimate Products' Return-on-Tangible-Asset too high?
Ultimate Products' current Return-on-Tangible-Asset of 4.94% is 68% below median its 10-year median of 15.45. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 20.90. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.39. Ultimate Products' value of 4.94% is 106.7% above this industry median. Based on the distribution chart, Ultimate Products ranks #127 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Ultimate Products has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Products' Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ultimate Products ranks #127 out of 434 companies for Return-on-Tangible-Asset. This puts Ultimate Products in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.39. Ultimate Products' value of 4.94% is 106.7% above this benchmark. Historically, Ultimate Products' own Return-on-Tangible-Asset has ranged from 5.42 to 20.90 over the past decade. While the company's 10-year median is 15.45 vs. the industry median of 2.39, Ultimate Products 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.39, based on 434 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. Ultimate Products's current Return-on-Tangible-Asset of 4.94% is 106.7% 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 Ultimate Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Products's current Return-on-Tangible-Asset is 4.94%, which is 68% below median its own 10-year median of 15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Products stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Products (CHIX:ULTPL) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.18, compared to a current price of £0.48 — trading 59.7% below its estimated fair value. The current Return-on-Tangible-Asset is 4.94%, which is 68% below median its 10-year median of 15.45 and 106.7% above the Furnishings, Fixtures & Appliances industry median of 2.39. Ultimate Products' overall GF Score™ is 64/100 with 6 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 Ultimate Products (CHIX:ULTPL), the current Return-on-Tangible-Asset is 4.94% as of Jan. 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 Ultimate Products (CHIX:ULTPL) Overvalued in 2026?

Based on GuruFocus' analysis, Ultimate Products stock appears to be undervalued. The current stock price of £0.48 is trading 59.7% below its estimated GF Value™ of £1.18. GuruFocus considers Ultimate Products to be Significantly Undervalued.

Key valuation signals for CHIX:ULTPL:

  • Return-on-Tangible-Asset: 4.94% (68% below median its 10-year median of 15.45)
  • GF Value™: £1.18 vs. price of £0.48 (59.7% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 106.7% above the Furnishings, Fixtures & Appliances median (#127 of 434)

No single metric tells the full story. See the CHIX:ULTPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultimate Products Business Description

Other Exchanges ULTP:UK3DJ:Germany
Address Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe and the Rest of the world.
64GF Score

Get the complete analysis for CHIX:ULTPL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.48
Price
£1.18
GF Value