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Arqit QuantumFRA:3D6 -9.11%48 Return-on-Tangible-Asset is -177.78% as of Mar. 2026. GuruFocus rates FRA:3D6 with a GF Score™ of 48/100 and a GF Value™ of €8.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,893 Software companies, Arqit Quantum ranks worse than 93.12% 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. Arqit Quantum's annualizedNet Income for the quarter that ended in Mar. 2026 was €-57.15 Mil. Arqit Quantum's average total tangible assets for the quarter that ended in Mar. 2026 was €32.14 Mil. Therefore, Arqit Quantum's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -177.78%.
The historical rank and industry rank for Arqit Quantum's Return-on-Tangible-Asset or its related term are showing as below:
FRA:3D6'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -565.95 Med: -88.32 Max: 72.68
Current: -143.46
During the past 7 years, Arqit Quantum's highest Return-on-Tangible-Asset was 72.68%. The lowest was -565.95%. And the median was -88.32%.
FRA:3D6's Return-on-Tangible-Asset is ranked worse than 93.12% of 2893
companies
in the Software industry
Industry Median: 2.06
vs FRA:3D6: -143.46
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.
Arqit Quantum Return-on-Tangible-Asset Related Terms
Arqit Quantum Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Arqit Quantum'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:3D6 vs ZSQR, DVLT, SUPX: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Arqit Quantum'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.
Arqit Quantum Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Arqit Quantum's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Arqit Quantum'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -177.78% mean?
Arqit Quantum (FRA:3D6) has a Return-on-Tangible-Asset of -177.78% 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 Arqit Quantum and its competitors. According to the industry distribution chart, Arqit Quantum ranks #2694 out of 2893 companies in the Software industry, placing it in the top 93.1%.
Is Arqit Quantum's Return-on-Tangible-Asset too high?
Arqit Quantum's current Return-on-Tangible-Asset is -177.78%. Based on the distribution chart, Arqit Quantum ranks #2694 out of 2893 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Arqit Quantum has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arqit Quantum's Return-on-Tangible-Asset compare to ZSQR and DVLT?
According to the Software industry distribution chart, Arqit Quantum ranks #2694 out of 2893 companies for Return-on-Tangible-Asset. This places Arqit Quantum in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.06. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,893 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. 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 Arqit Quantum and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arqit Quantum's current Return-on-Tangible-Asset is -177.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arqit Quantum stock overvalued right now?
Based on GuruFocus' analysis, Arqit Quantum (FRA:3D6) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.83, compared to a current price of €13.87 — trading 57% above its estimated fair value. The current Return-on-Tangible-Asset is -177.78%. Arqit Quantum's overall GF Score™ is 48/100 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 Arqit Quantum (FRA:3D6), the current Return-on-Tangible-Asset is -177.78% 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 Arqit Quantum (FRA:3D6) Overvalued in 2026?
Based on GuruFocus' analysis, Arqit Quantum stock appears to be overvalued.
The current stock price of €13.87 is trading 57% above its estimated GF Value™ of €8.83.
GuruFocus considers Arqit Quantum to be Significantly Overvalued.
Key valuation signals for FRA:3D6:
Return-on-Tangible-Asset: -177.78%
GF Value™: €8.83 vs. price of €13.87 (57% above fair value)
No single metric tells the full story. See the FRA:3D6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology that makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. The company delivers its symmetric key agreement technology via its product SKA-Platform. The firm operates in one segment, that is, the provision of cybersecurity services. The company operates and generates its revenue from UK.
48GF Score
Get the complete analysis for FRA:3D6
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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