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Tri Chemical LaboratoriesFRA:22E +1.70%93 Return-on-Tangible-Asset is 15.66% as of Apr. 2026, which is 3% above its 10-year median of 15.27. GuruFocus rates FRA:22E with a GF Score™ of 93/100 and a GF Value™ of €27.09 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,613 Chemicals companies, Tri Chemical Laboratories ranks better than 93.99% 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. Tri Chemical Laboratories's annualizedNet Income for the quarter that ended in Apr. 2026 was €39.9 Mil. Tri Chemical Laboratories's average total tangible assets for the quarter that ended in Apr. 2026 was €254.7 Mil. Therefore, Tri Chemical Laboratories's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 15.66%.
The historical rank and industry rank for Tri Chemical Laboratories's Return-on-Tangible-Asset or its related term are showing as below:
FRA:22E'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.75 Med: 15.27 Max: 22.66
Current: 14.22
During the past 13 years, Tri Chemical Laboratories's highest Return-on-Tangible-Asset was 22.66%. The lowest was 7.75%. And the median was 15.27%.
FRA:22E's Return-on-Tangible-Asset is ranked better than 93.99% of 1613
companies
in the Chemicals industry
Industry Median: 3.11
vs FRA:22E: 14.22
Tri Chemical Laboratories (FRA:22E) 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.
Tri Chemical Laboratories Return-on-Tangible-Asset Related Terms
Tri Chemical Laboratories Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tri Chemical Laboratories'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.
Tri Chemical Laboratories Return-on-Tangible-Asset Chart
FRA:22E vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.
Tri Chemical Laboratories Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tri Chemical Laboratories'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.66% mean?
Tri Chemical Laboratories (FRA:22E) has a Return-on-Tangible-Asset of 15.66% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tri Chemical Laboratories and its competitors. This is near median its historical median of 15.27. Over the past decade, Tri Chemical Laboratories' Return-on-Tangible-Asset has ranged from 7.75 to 22.66. According to the industry distribution chart, Tri Chemical Laboratories ranks #97 out of 1613 companies in the Chemicals industry, placing it in the top 6%.
Is Tri Chemical Laboratories' Return-on-Tangible-Asset too high?
Tri Chemical Laboratories' current Return-on-Tangible-Asset of 15.66% is near median its 10-year median of 15.27. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 22.66. The Chemicals industry median Return-on-Tangible-Asset is 3.11. Tri Chemical Laboratories' value of 15.66% is 403.5% above this industry median. Based on the distribution chart, Tri Chemical Laboratories ranks #97 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tri Chemical Laboratories has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tri Chemical Laboratories ranks #97 out of 1613 companies for Return-on-Tangible-Asset. This places Tri Chemical Laboratories in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.11. Tri Chemical Laboratories' value of 15.66% is 403.5% above this benchmark. Historically, Tri Chemical Laboratories' own Return-on-Tangible-Asset has ranged from 7.75 to 22.66 over the past decade. While the company's 10-year median is 15.27 vs. the industry median of 3.11, Tri Chemical Laboratories 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.11, based on 1,613 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. Tri Chemical Laboratories's current Return-on-Tangible-Asset of 15.66% is 403.5% 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 Tri Chemical Laboratories and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri Chemical Laboratories's current Return-on-Tangible-Asset is 15.66%, which is near median its own 10-year median of 15.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (FRA:22E) is currently considered Significantly Undervalued. The stock's GF Value™ is €27.09, compared to a current price of €17.90 — trading 33.9% below its estimated fair value. The current Return-on-Tangible-Asset is 15.66%, which is near median its 10-year median of 15.27 and 403.5% above the Chemicals industry median of 3.11. Tri Chemical Laboratories' overall GF Score™ is 93/100 with 2 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 Tri Chemical Laboratories (FRA:22E), the current Return-on-Tangible-Asset is 15.66% as of Apr. 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 Tri Chemical Laboratories (FRA:22E) Overvalued in 2026?
Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued.
The current stock price of €17.90 is trading 33.9% below its estimated GF Value™ of €27.09.
GuruFocus considers Tri Chemical Laboratories to be Significantly Undervalued.
Key valuation signals for FRA:22E:
Return-on-Tangible-Asset: 15.66% (near median its 10-year median of 15.27)
GF Value™: €27.09 vs. price of €17.90 (33.9% below fair value)
Industry Position: 403.5% above the Chemicals median (#97 of 1613)
No single metric tells the full story. See the FRA:22E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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