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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. GreenMobility AS's annualizedNet Income for the quarter that ended in Jun. 2026 was €3.34 Mil. GreenMobility AS's average total tangible assets for the quarter that ended in Jun. 2026 was €21.84 Mil. Therefore, GreenMobility AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 15.29%.
The historical rank and industry rank for GreenMobility AS's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2G9'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -53.96 Med: -29.93 Max: 24.99
Current: 24.99
During the past 12 years, GreenMobility AS's highest Return-on-Tangible-Asset was 24.99%. The lowest was -53.96%. And the median was -29.93%.
FRA:2G9's Return-on-Tangible-Asset is ranked better than 96.07% of 1093
companies
in the Business Services industry
Industry Median: 3.97
vs FRA:2G9: 24.99
GreenMobility AS (FRA:2G9) 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.
GreenMobility AS Return-on-Tangible-Asset Related Terms
GreenMobility AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GreenMobility AS'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.
FRA:2G9 vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, GreenMobility AS'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.
GreenMobility AS Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, GreenMobility AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GreenMobility AS'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.29% mean?
GreenMobility AS (FRA:2G9) has a Return-on-Tangible-Asset of 15.29% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on GreenMobility AS and its competitors. According to the industry distribution chart, GreenMobility AS ranks #43 out of 1093 companies in the Business Services industry, placing it in the top 3.9%.
Is GreenMobility AS's Return-on-Tangible-Asset too high?
GreenMobility AS's current Return-on-Tangible-Asset is 15.29%. The Business Services industry median Return-on-Tangible-Asset is 3.97. GreenMobility AS's value of 15.29% is 285.1% above this industry median. Based on the distribution chart, GreenMobility AS ranks #43 out of 1093 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, GreenMobility AS has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does GreenMobility AS's Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, GreenMobility AS ranks #43 out of 1093 companies for Return-on-Tangible-Asset. This places GreenMobility AS in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.97. GreenMobility AS's value of 15.29% is 285.1% 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.97, based on 1,093 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. GreenMobility AS's current Return-on-Tangible-Asset of 15.29% is 285.1% 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 GreenMobility AS and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenMobility AS's current Return-on-Tangible-Asset is 15.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenMobility AS stock overvalued right now?
GreenMobility AS (FRA:2G9) has a current Return-on-Tangible-Asset of 15.29%. The stock's GF Value™ is €6.82, compared to a current price of €8.80 — trading 29% above its estimated fair value. The current Return-on-Tangible-Asset is 15.29% and 285.1% above the Business Services industry median of 3.97. GreenMobility AS's overall GF Score™ is 62/100 with 1 warning sign 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 GreenMobility AS (FRA:2G9), the current Return-on-Tangible-Asset is 15.29% as of Jun. 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 GreenMobility AS (FRA:2G9) Overvalued in 2026?
Based on GuruFocus' analysis, GreenMobility AS stock appears to be overvalued.
The current stock price of €8.80 is trading 29% above its estimated GF Value™ of €6.82.
Key valuation signals for FRA:2G9:
Return-on-Tangible-Asset: 15.29%
GF Value™: €6.82 vs. price of €8.80 (29% above fair value)
Industry Position: 285.1% above the Business Services median (#43 of 1093)
No single metric tells the full story. See the FRA:2G9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GreenMobility AS offers modern urbanites easy, flexible and sustainable transport in the form of electric, shared city cars. Users have access to these cars via the GreenMobility app. Trips are paid per minute, through minute packages, or on daily basis. The company focuses on rapidly growing market for car sharing in large cities that demand green transport for their citizens and to reduce the number of private cars. Geographically it derives key revenue from domestic sales in Denmark.
62GF Score
Get the complete analysis for FRA:2G9
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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