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ConcentrixCNXC +4.39%60 Return-on-Tangible-Asset is 4.33% as of May. 2026, which is 37% below its 10-year median of 6.82. GuruFocus rates CNXC with a GF Score™ of 60/100 and a GF Value™ of $58.31 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,895 Software companies, Concentrix ranks worse than 80.31% 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. Concentrix's annualizedNet Income for the quarter that ended in May. 2026 was $221 Mil. Concentrix's average total tangible assets for the quarter that ended in May. 2026 was $5,110 Mil. Therefore, Concentrix's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 4.33%.
The historical rank and industry rank for Concentrix's Return-on-Tangible-Asset or its related term are showing as below:
CNXC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -25.98 Med: 6.82 Max: 16.24
Current: -25.67
During the past 9 years, Concentrix's highest Return-on-Tangible-Asset was 16.24%. The lowest was -25.98%. And the median was 6.82%.
CNXC's Return-on-Tangible-Asset is ranked worse than 80.31% of 2895
companies
in the Software industry
Industry Median: 2.2
vs CNXC: -25.67
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.
Concentrix Return-on-Tangible-Asset Related Terms
Concentrix Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Concentrix'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.
CNXC vs GLOB, BBAI, MGRT: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Concentrix'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.
Concentrix Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Concentrix's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Concentrix'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 (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.33% mean?
Concentrix (CNXC) has a Return-on-Tangible-Asset of 4.33% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Concentrix and its competitors. This is 37% below median its historical median of 6.82. According to the industry distribution chart, Concentrix ranks #2325 out of 2895 companies in the Software industry, placing it in the top 80.3%.
Is Concentrix's Return-on-Tangible-Asset too high?
Concentrix's current Return-on-Tangible-Asset of 4.33% is 37% below median its 10-year median of 6.82. The Software industry median Return-on-Tangible-Asset is 2.20. Concentrix's value of 4.33% is 96.8% above this industry median. Based on the distribution chart, Concentrix ranks #2325 out of 2895 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Concentrix has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Concentrix's Return-on-Tangible-Asset compare to GLOB and BBAI?
According to the Software industry distribution chart, Concentrix ranks #2325 out of 2895 companies for Return-on-Tangible-Asset. This places Concentrix in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.20. Concentrix's value of 4.33% is 96.8% above this benchmark. While the company's 10-year median is 6.82 vs. the industry median of 2.20, Concentrix 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.20, based on 2,895 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. Concentrix's current Return-on-Tangible-Asset of 4.33% is 96.8% 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 Concentrix and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concentrix's current Return-on-Tangible-Asset is 4.33%, which is 37% below median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concentrix stock overvalued right now?
Based on GuruFocus' analysis, Concentrix (CNXC) is currently considered Possible Value Trap. The stock's GF Value™ is $58.31, compared to a current price of $29.41 — trading 49.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.33%, which is 37% below median its 10-year median of 6.82 and 96.8% above the Software industry median of 2.20. Concentrix's overall GF Score™ is 60/100 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 Concentrix (CNXC), the current Return-on-Tangible-Asset is 4.33% as of May. 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 Concentrix (CNXC) Overvalued in 2026?
Based on GuruFocus' analysis, Concentrix stock appears to be undervalued.
The current stock price of $29.41 is trading 49.6% below its estimated GF Value™ of $58.31.
GuruFocus considers Concentrix to be Possible Value Trap.
Key valuation signals for CNXC:
Return-on-Tangible-Asset: 4.33% (37% below median its 10-year median of 6.82)
GF Value™: $58.31 vs. price of $29.41 (49.6% below fair value)
Industry Position: 96.8% above the Software median (#2325 of 2895)
No single metric tells the full story. See the CNXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concentrix Corp is a technology and services company. It designs, implements, and manages end-to-end solutions, including customer experience process optimization, technology development and design engineering, front- and back-office automation, analytics, and business transformation services. The company serves clients across multiple industry verticals, helping them manage customer engagement and operational processes throughout the customer lifecycle. The company operates in a single operating segment. It generates revenue through the provision of technology and services under contractual arrangements. Geographically, the company generates the maximum revenue from the Philippines and the rest from India, the United States, Great Britain, Germany, Canada and Other countries.
60GF Score
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