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Holding Co ADMIE (IPTO)FRA:08M -0.12%81 Return-on-Tangible-Asset is 3.91% as of Mar. 2026, which is 12% above its 10-year median of 3.48. GuruFocus rates FRA:08M with a GF Score™ of 81/100 and a GF Value™ of €3.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 452 Utilities - Independent Power Producers companies, Holding Co ADMIE (IPTO) ranks better than 54.42% 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. Holding Co ADMIE (IPTO)'s annualizedNet Income for the quarter that ended in Mar. 2026 was €191.3 Mil. Holding Co ADMIE (IPTO)'s average total tangible assets for the quarter that ended in Mar. 2026 was €4,887.2 Mil. Therefore, Holding Co ADMIE (IPTO)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.91%.
The historical rank and industry rank for Holding Co ADMIE (IPTO)'s Return-on-Tangible-Asset or its related term are showing as below:
FRA:08M'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.6 Med: 3.48 Max: 4.53
Current: 1.6
During the past 9 years, Holding Co ADMIE (IPTO)'s highest Return-on-Tangible-Asset was 4.53%. The lowest was 1.60%. And the median was 3.48%.
FRA:08M's Return-on-Tangible-Asset is ranked better than 54.42% of 452
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26
vs FRA:08M: 1.60
Holding Co ADMIE (IPTO) (FRA:08M) 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.
Holding Co ADMIE (IPTO) Return-on-Tangible-Asset Related Terms
Holding Co ADMIE (IPTO) Return-on-Tangible-Asset Historical Data
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The historical data trend for Holding Co ADMIE (IPTO)'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.
Holding Co ADMIE (IPTO) Return-on-Tangible-Asset Chart
FRA:08M vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Holding Co ADMIE (IPTO)'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.
Holding Co ADMIE (IPTO) Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Holding Co ADMIE (IPTO)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Holding Co ADMIE (IPTO)'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 3.91% mean?
Holding Co ADMIE (IPTO) (FRA:08M) has a Return-on-Tangible-Asset of 3.91% 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 Holding Co ADMIE (IPTO) and its competitors. This is 12% above median its historical median of 3.48. Over the past decade, Holding Co ADMIE (IPTO)'s Return-on-Tangible-Asset has ranged from 1.60 to 4.53. According to the industry distribution chart, Holding Co ADMIE (IPTO) ranks #206 out of 452 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.6%.
Is Holding Co ADMIE (IPTO)'s Return-on-Tangible-Asset too high?
Holding Co ADMIE (IPTO)'s current Return-on-Tangible-Asset of 3.91% is 12% above median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 4.53. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.26. Holding Co ADMIE (IPTO)'s value of 3.91% is 210.3% above this industry median. Based on the distribution chart, Holding Co ADMIE (IPTO) ranks #206 out of 452 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Holding Co ADMIE (IPTO) has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Holding Co ADMIE (IPTO)'s Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Holding Co ADMIE (IPTO) ranks #206 out of 452 companies for Return-on-Tangible-Asset. This puts Holding Co ADMIE (IPTO) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.26. Holding Co ADMIE (IPTO)'s value of 3.91% is 210.3% above this benchmark. Historically, Holding Co ADMIE (IPTO)'s own Return-on-Tangible-Asset has ranged from 1.60 to 4.53 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 1.26, Holding Co ADMIE (IPTO) 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.26, based on 452 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. Holding Co ADMIE (IPTO)'s current Return-on-Tangible-Asset of 3.91% is 210.3% 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 Holding Co ADMIE (IPTO) and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holding Co ADMIE (IPTO)'s current Return-on-Tangible-Asset is 3.91%, which is 12% above median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holding Co ADMIE (IPTO) stock overvalued right now?
Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) (FRA:08M) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.00, compared to a current price of €4.31 — trading 43.7% above its estimated fair value. The current Return-on-Tangible-Asset is 3.91%, which is 12% above median its 10-year median of 3.48 and 210.3% above the Utilities - Independent Power Producers industry median of 1.26. Holding Co ADMIE (IPTO)'s overall GF Score™ is 81/100 with 8 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 Holding Co ADMIE (IPTO) (FRA:08M), the current Return-on-Tangible-Asset is 3.91% 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 Holding Co ADMIE (IPTO) (FRA:08M) Overvalued in 2026?
Based on GuruFocus' analysis, Holding Co ADMIE (IPTO) stock appears to be overvalued.
The current stock price of €4.31 is trading 43.7% above its estimated GF Value™ of €3.00.
GuruFocus considers Holding Co ADMIE (IPTO) to be Significantly Overvalued.
Key valuation signals for FRA:08M:
Return-on-Tangible-Asset: 3.91% (12% above median its 10-year median of 3.48)
GF Value™: €3.00 vs. price of €4.31 (43.7% above fair value)
Industry Position: 210.3% above the Utilities - Independent Power Producers median (#206 of 452)
No single metric tells the full story. See the FRA:08M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Holding Co ADMIE (IPTO) SA, through its subsidiary, operates, maintains, and develops the Greek Electricity Transmission System to ensure the supply of electricity in the country in a safe, efficient and reliable manner. The firm defines its activity as System (Management of the Hellenic Electricity Transmission System); Market (Operation of the electricity markets that fall under the responsibilities of the System Operator); Cyprus-Greece Interconnection (Management of the Cyprus-Greece Interconnection). The company generates the majority of its revenue from the System segment.
81GF 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.
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