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. Falcons Beyond Global's annualizedNet Income for the quarter that ended in Mar. 2026 was $12.29 Mil. Falcons Beyond Global's average total tangible assets for the quarter that ended in Mar. 2026 was $63.50 Mil. Therefore, Falcons Beyond Global's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.35%.
The historical rank and industry rank for Falcons Beyond Global's Return-on-Tangible-Asset or its related term are showing as below:
FBYD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -61.09 Med: -17.02 Max: 35.41
Current: 15.2
During the past 5 years, Falcons Beyond Global's highest Return-on-Tangible-Asset was 35.41%. The lowest was -61.09%. And the median was -17.02%.
FBYD's Return-on-Tangible-Asset is ranked better than 95.78% of 569
companies
in the Conglomerates industry
Industry Median: 2.73
vs FBYD: 15.20
Falcons Beyond Global (NAS:FBYD) 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.
Falcons Beyond Global Return-on-Tangible-Asset Related Terms
Falcons Beyond Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Falcons Beyond Global'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.
Falcons Beyond Global Return-on-Tangible-Asset Chart
FBYD vs CODI, MATW, FIP: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Falcons Beyond Global'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.
Falcons Beyond Global Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Falcons Beyond Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Falcons Beyond Global'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 19.35% mean?
Falcons Beyond Global (FBYD) has a Return-on-Tangible-Asset of 19.35% 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 Falcons Beyond Global and its competitors. According to the industry distribution chart, Falcons Beyond Global ranks #24 out of 569 companies in the Conglomerates industry, placing it in the top 4.2%.
Is Falcons Beyond Global's Return-on-Tangible-Asset too high?
Falcons Beyond Global's current Return-on-Tangible-Asset is 19.35%. The Conglomerates industry median Return-on-Tangible-Asset is 2.73. Falcons Beyond Global's value of 19.35% is 608.8% above this industry median. Based on the distribution chart, Falcons Beyond Global ranks #24 out of 569 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Falcons Beyond Global has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Falcons Beyond Global's Return-on-Tangible-Asset compare to CODI and MATW?
According to the Conglomerates industry distribution chart, Falcons Beyond Global ranks #24 out of 569 companies for Return-on-Tangible-Asset. This places Falcons Beyond Global in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. Falcons Beyond Global's value of 19.35% is 608.8% above this benchmark. 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.73, based on 569 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. Falcons Beyond Global's current Return-on-Tangible-Asset of 19.35% is 608.8% 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 Falcons Beyond Global and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Falcons Beyond Global's current Return-on-Tangible-Asset is 19.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Falcons Beyond Global stock overvalued right now?
Based on GuruFocus' analysis, Falcons Beyond Global (FBYD) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.21, compared to a current price of $14.78 — trading 183.7% above its estimated fair value. The current Return-on-Tangible-Asset is 19.35% and 608.8% above the Conglomerates industry median of 2.73. Falcons Beyond Global's overall GF Score™ is 20/100 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 Falcons Beyond Global (FBYD), the current Return-on-Tangible-Asset is 19.35% 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 Falcons Beyond Global (FBYD) Overvalued in 2026?
Based on GuruFocus' analysis, Falcons Beyond Global stock appears to be overvalued.
The current stock price of $14.78 is trading 183.7% above its estimated GF Value™ of $5.21.
GuruFocus considers Falcons Beyond Global to be Significantly Overvalued.
Key valuation signals for FBYD:
Return-on-Tangible-Asset: 19.35%
GF Value™: $5.21 vs. price of $14.78 (183.7% above fair value)
Industry Position: 608.8% above the Conglomerates median (#24 of 569)
No single metric tells the full story. See the FBYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Falcons Beyond Global Inc is a visionary entertainment and technology enterprise. The group designs, develops, engineers, delivers, and commercializes immersive physical and digital experiences for brands, developers, and destination operators world-wide, as well as for its own portfolio of entertainment and technology concepts. The Company has five operating segments: Falcon's Creative Group, Destinations Operations, PDP, Falcon's Beyond Brands, and Falcon's Attractions. It earns the majority of the revenue from Falcon's Creative Group segment.
20GF Score
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