Georgia CapitalFRA:2IX -0.94%63 Return-on-Tangible-Asset is 37.29% as of Dec. 2025, which is 176% above its 10-year median of 13.49. GuruFocus rates FRA:2IX with a GF Score™ of 63/100 and a GF Value™ of €48.67 (Fairly Valued). The stock has 4 warning signs investors should review. Among 562 Diversified Financial Services companies, Georgia Capital ranks better than 99.29% 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. Georgia Capital's annualizedNet Income for the quarter that ended in Dec. 2025 was €591.4 Mil. Georgia Capital's average total tangible assets for the quarter that ended in Dec. 2025 was €1,585.8 Mil. Therefore, Georgia Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 37.29%.
The historical rank and industry rank for Georgia Capital's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2IX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.43 Med: 13.49 Max: 42.97
Current: 42.77
During the past 11 years, Georgia Capital's highest Return-on-Tangible-Asset was 42.97%. The lowest was -0.43%. And the median was 13.49%.
FRA:2IX's Return-on-Tangible-Asset is ranked better than 99.29% of 562
companies
in the Diversified Financial Services industry
Industry Median: 0.91
vs FRA:2IX: 42.77
Georgia Capital (FRA:2IX) 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.
Georgia Capital Return-on-Tangible-Asset Related Terms
Georgia Capital Return-on-Tangible-Asset Historical Data
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The historical data trend for Georgia Capital'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:2IX vs VOYA: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, Georgia Capital'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.
Georgia Capital Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Georgia Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Georgia Capital'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 37.29% mean?
Georgia Capital (FRA:2IX) has a Return-on-Tangible-Asset of 37.29% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Georgia Capital and its competitors. This is 176% above median its historical median of 13.49. According to the industry distribution chart, Georgia Capital ranks #4 out of 562 companies in the Diversified Financial Services industry, placing it in the top 0.7%.
Is Georgia Capital's Return-on-Tangible-Asset too high?
Georgia Capital's current Return-on-Tangible-Asset of 37.29% is 176% above median its 10-year median of 13.49. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.91. Georgia Capital's value of 37.29% is 3997.8% above this industry median. Based on the distribution chart, Georgia Capital ranks #4 out of 562 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Georgia Capital has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Georgia Capital's Return-on-Tangible-Asset compare to VOYA?
According to the Diversified Financial Services industry distribution chart, Georgia Capital ranks #4 out of 562 companies for Return-on-Tangible-Asset. This places Georgia Capital in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.91. Georgia Capital's value of 37.29% is 3997.8% above this benchmark. While the company's 10-year median is 13.49 vs. the industry median of 0.91, Georgia Capital 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.91, based on 562 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. Georgia Capital's current Return-on-Tangible-Asset of 37.29% is 3997.8% 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 Georgia Capital and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Georgia Capital's current Return-on-Tangible-Asset is 37.29%, which is 176% above median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Georgia Capital stock overvalued right now?
Based on GuruFocus' analysis, Georgia Capital (FRA:2IX) is currently considered Fairly Valued. The stock's GF Value™ is €48.67, compared to a current price of €52.50 — trading 7.9% above its estimated fair value. The current Return-on-Tangible-Asset is 37.29%, which is 176% above median its 10-year median of 13.49 and 3997.8% above the Diversified Financial Services industry median of 0.91. Georgia Capital's overall GF Score™ is 63/100 with 4 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 Georgia Capital (FRA:2IX), the current Return-on-Tangible-Asset is 37.29% as of Dec. 2025. 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 Georgia Capital (FRA:2IX) Overvalued in 2026?
Based on GuruFocus' analysis, Georgia Capital stock appears to be overvalued.
The current stock price of €52.50 is trading 7.9% above its estimated GF Value™ of €48.67.
GuruFocus considers Georgia Capital to be Fairly Valued.
Key valuation signals for FRA:2IX:
Return-on-Tangible-Asset: 37.29% (176% above median its 10-year median of 13.49)
GF Value™: €48.67 vs. price of €52.50 (7.9% above fair value)
Industry Position: 3997.8% above the Diversified Financial Services median (#4 of 562)
No single metric tells the full story. See the FRA:2IX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Georgia Capital PLC is focused on buying, building and developing businesses in Georgia and monetising investments as it matures. The company currently has the following private large portfolio businesses (i) a retail (pharmacy) business, (ii) an insurance business (P&C and medical insurance), and (iii) a healthcare services business (hospitals and clinics and diagnostics). The company's operating segments are: listed and observable portfolio companies, private large portfolio companies, private emerging and other portfolio companies, and corporate centre.
63GF Score
Get the complete analysis for FRA:2IX
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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