EJTTF (easyJet) Return-on-Tangible-Asset: -6.60% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Founder & CEO of GuruFocus
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.

EJTTF easyJet PLC EJTTF
85 GF Score
Price $8.59
GF Value $7.70
Valuation Modestly Overvalued
! 7 Warning Signs
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What is easyJet Return-on-Tangible-Asset?

easyJet EJTTF 85 Return-on-Tangible-Asset is -6.60% as of Mar. 2026. GuruFocus rates EJTTF with a GF Score™ of 85/100 and a GF Value™ of $7.70 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,010 Transportation companies, easyJet ranks worse than 50.59% 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. easyJet's annualized Net Income for the quarter that ended in Mar. 2026 was $-1,005 Mil. easyJet's average total tangible assets for the quarter that ended in Mar. 2026 was $15,228 Mil. Therefore, easyJet's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.60%.

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

EJTTF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.94   Med: 4.68   Max: 9.39
Current: 3.69

During the past 13 years, easyJet's highest Return-on-Tangible-Asset was 9.39%. The lowest was -13.94%. And the median was 4.68%.

EJTTF's Return-on-Tangible-Asset is ranked worse than
50.59% of 1010 companies
in the Transportation industry
Industry Median: 3.76 vs EJTTF: 3.69

easyJet  (OTCPK:EJTTF) 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.


easyJet Return-on-Tangible-Asset Related Terms


easyJet Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for easyJet'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.

easyJet Return-on-Tangible-Asset Chart

easyJet Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.33 -1.61 3.55 4.80 4.76

easyJet Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -5.36 14.13 -5.54 14.92 -6.60

EJTTF vs DAL, UAL, LUV: Return-on-Tangible-Asset Comparison

For the Airlines subindustry, easyJet'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.


easyJet Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, easyJet's Return-on-Tangible-Asset distribution charts can be found below:

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


EJTTF
85GF Score
easyJet PLC EJTTF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

easyJet Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=667.568/( (13547.619+14508.108)/ 2 )
=667.568/14027.8635
=4.76 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-1005.334/( (14508.108+15948)/ 2 )
=-1005.334/15228.054
=-6.60 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -6.60% mean?
easyJet (EJTTF) has a Return-on-Tangible-Asset of -6.60% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on easyJet and its competitors. According to the industry distribution chart, easyJet ranks #511 out of 1010 companies in the Transportation industry, placing it in the top 50.6%.
Is easyJet's Return-on-Tangible-Asset too high?
easyJet's current Return-on-Tangible-Asset is -6.60%. Based on the distribution chart, easyJet ranks #511 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, easyJet has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does easyJet's Return-on-Tangible-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, easyJet ranks #511 out of 1010 companies for Return-on-Tangible-Asset. This places easyJet in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.76. 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,010 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 easyJet and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. easyJet's current Return-on-Tangible-Asset is -6.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is easyJet stock overvalued right now?
Based on GuruFocus' analysis, easyJet (EJTTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.70, compared to a current price of $8.59 — trading 11.6% above its estimated fair value. The current Return-on-Tangible-Asset is -6.60%. easyJet's overall GF Score™ is 85/100 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 easyJet (EJTTF), the current Return-on-Tangible-Asset is -6.60% as of Mar. 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 easyJet (EJTTF) Overvalued in 2026?

Based on GuruFocus' analysis, easyJet stock appears to be overvalued. The current stock price of $8.59 is trading 11.6% above its estimated GF Value™ of $7.70. GuruFocus considers easyJet to be Modestly Overvalued.

Key valuation signals for EJTTF:

  • Return-on-Tangible-Asset: -6.60%
  • GF Value™: $7.70 vs. price of $8.59 (11.6% above fair value)
  • GF Score™: 85/100 with 7 warning signs

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


easyJet Business Description

Address Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF
EasyJet is a leading European low-cost airline, headquartered in Luton, United Kingdom. Established in 1995, easyJet operates on a point-to-point model, providing affordable and efficient travel options across Europe. The airline serves more than 160 airports in over 30 countries, with a network spanning key cities and popular holiday destinations. EasyJet is known for its extensive route network, with primary bases at London Gatwick, Milan Malpensa, and Geneva, among others.
85GF Score

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

$8.59
Price
$7.70
GF Value