Avolta AGDFRYF 76 Return-on-Tangible-Asset is 2.93% as of Dec. 2025, which is 208% above its 10-year median of 0.95. GuruFocus rates DFRYF with a GF Score™ of 76/100 and a GF Value™ of $45.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Avolta AG ranks worse than 59.88% 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. Avolta AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $432 Mil. Avolta AG's average total tangible assets for the quarter that ended in Dec. 2025 was $14,727 Mil. Therefore, Avolta AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.93%.
The historical rank and industry rank for Avolta AG's Return-on-Tangible-Asset or its related term are showing as below:
DFRYF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.4 Med: 0.95 Max: 2.15
Current: 1.66
During the past 13 years, Avolta AG's highest Return-on-Tangible-Asset was 2.15%. The lowest was -35.40%. And the median was 0.95%.
DFRYF's Return-on-Tangible-Asset is ranked worse than 59.88% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs DFRYF: 1.66
Avolta AG (OTCPK:DFRYF) 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.
Avolta AG Return-on-Tangible-Asset Related Terms
Avolta AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Avolta AG'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.
DFRYF vs CASY, WSM, DKS: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Avolta AG'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.
Avolta AG Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Avolta AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Avolta AG'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.93% mean?
Avolta AG (DFRYF) has a Return-on-Tangible-Asset of 2.93% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Avolta AG and its competitors. This is 208% above median its historical median of 0.95. According to the industry distribution chart, Avolta AG ranks #676 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 59.9%.
Is Avolta AG's Return-on-Tangible-Asset too high?
Avolta AG's current Return-on-Tangible-Asset of 2.93% is 208% above median its 10-year median of 0.95. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Avolta AG's value of 2.93% is 0% at this industry median. Based on the distribution chart, Avolta AG ranks #676 out of 1129 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Avolta AG has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avolta AG's Return-on-Tangible-Asset compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Avolta AG ranks #676 out of 1129 companies for Return-on-Tangible-Asset. This places Avolta AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Avolta AG's value of 2.93% is 0% at this benchmark. While the company's 10-year median is 0.95 vs. the industry median of 2.93, Avolta AG has consistently been at 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,129 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. Avolta AG's current Return-on-Tangible-Asset of 2.93% is 0% at 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 Avolta AG and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avolta AG's current Return-on-Tangible-Asset is 2.93%, which is 208% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avolta AG stock overvalued right now?
Based on GuruFocus' analysis, Avolta AG (DFRYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.09, compared to a current price of $63.14 — trading 40% above its estimated fair value. The current Return-on-Tangible-Asset is 2.93%, which is 208% above median its 10-year median of 0.95 and 0% at the Retail - Cyclical industry median of 2.93. Avolta AG's overall GF Score™ is 76/100 with 7 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 Avolta AG (DFRYF), the current Return-on-Tangible-Asset is 2.93% as of Dec. 2025. 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 Avolta AG (DFRYF) Overvalued in 2026?
Based on GuruFocus' analysis, Avolta AG stock appears to be overvalued.
The current stock price of $63.14 is trading 40% above its estimated GF Value™ of $45.09.
GuruFocus considers Avolta AG to be Significantly Overvalued.
Key valuation signals for DFRYF:
Return-on-Tangible-Asset: 2.93% (208% above median its 10-year median of 0.95)
GF Value™: $45.09 vs. price of $63.14 (40% above fair value)
Industry Position: 0% at the Retail - Cyclical median (#676 of 1129)
No single metric tells the full story. See the DFRYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avolta is the world's largest duty-free shop operator and leader in travel retail. Airports make up over 80% of the company's total revenue. Following the acquisition of Autogrill in 2023, Avolta now offers a full range of services across travel hubs, including duty-paid and duty-free retail, convenience, and food and beverage operations. The company's main markets are Europe and the Americas, while Asia contributed around 4% of total sales in 2024.
76GF Score
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