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Sirius XM HoldingsFRA:3HY 70 Return-on-Tangible-Asset is 20.13% as of Jun. 2026, which is 4% below its 10-year median of 21.04. GuruFocus rates FRA:3HY with a GF Score™ of 70/100 and a GF Value™ of €23.07 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,030 Media - Diversified companies, Sirius XM Holdings ranks better than 94.47% 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. Sirius XM Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was €830 Mil. Sirius XM Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was €4,122 Mil. Therefore, Sirius XM Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 20.13%.
The historical rank and industry rank for Sirius XM Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:3HY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.13 Med: 21.04 Max: 34.08
Current: 18.32
During the past 13 years, Sirius XM Holdings's highest Return-on-Tangible-Asset was 34.08%. The lowest was -35.13%. And the median was 21.04%.
FRA:3HY's Return-on-Tangible-Asset is ranked better than 94.47% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.8
vs FRA:3HY: 18.32
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.
Sirius XM Holdings Return-on-Tangible-Asset Related Terms
Sirius XM Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sirius XM Holdings'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:3HY vs MSGS, PSKY, LLYVA: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Sirius XM Holdings'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.
Sirius XM Holdings Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sirius XM Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sirius XM Holdings'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 20.13% mean?
Sirius XM Holdings (FRA:3HY) has a Return-on-Tangible-Asset of 20.13% 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 Sirius XM Holdings and its competitors. This is near median its historical median of 21.04. According to the industry distribution chart, Sirius XM Holdings ranks #57 out of 1030 companies in the Media - Diversified industry, placing it in the top 5.5%.
Is Sirius XM Holdings' Return-on-Tangible-Asset too high?
Sirius XM Holdings' current Return-on-Tangible-Asset of 20.13% is near median its 10-year median of 21.04. The Media - Diversified industry median Return-on-Tangible-Asset is 0.80. Sirius XM Holdings' value of 20.13% is 2416.3% above this industry median. Based on the distribution chart, Sirius XM Holdings ranks #57 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Sirius XM Holdings has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sirius XM Holdings' Return-on-Tangible-Asset compare to MSGS and PSKY?
According to the Media - Diversified industry distribution chart, Sirius XM Holdings ranks #57 out of 1030 companies for Return-on-Tangible-Asset. This places Sirius XM Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.80. Sirius XM Holdings' value of 20.13% is 2416.3% above this benchmark. While the company's 10-year median is 21.04 vs. the industry median of 0.80, Sirius XM Holdings 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.80, based on 1,030 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. Sirius XM Holdings's current Return-on-Tangible-Asset of 20.13% is 2416.3% 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 Sirius XM Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirius XM Holdings's current Return-on-Tangible-Asset is 20.13%, which is near median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius XM Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sirius XM Holdings (FRA:3HY) is currently considered Fairly Valued. The stock's GF Value™ is €23.07, compared to a current price of €24.40 — trading 5.8% above its estimated fair value. The current Return-on-Tangible-Asset is 20.13%, which is near median its 10-year median of 21.04 and 2416.3% above the Media - Diversified industry median of 0.80. Sirius XM Holdings' overall GF Score™ is 70/100 with 10 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 Sirius XM Holdings (FRA:3HY), the current Return-on-Tangible-Asset is 20.13% 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 Sirius XM Holdings (FRA:3HY) Overvalued in 2026?
Based on GuruFocus' analysis, Sirius XM Holdings stock appears to be overvalued.
The current stock price of €24.40 is trading 5.8% above its estimated GF Value™ of €23.07.
GuruFocus considers Sirius XM Holdings to be Fairly Valued.
Key valuation signals for FRA:3HY:
Return-on-Tangible-Asset: 20.13% (near median its 10-year median of 21.04)
GF Value™: €23.07 vs. price of €24.40 (5.8% above fair value)
Industry Position: 2416.3% above the Media - Diversified median (#57 of 1030)
No single metric tells the full story. See the FRA:3HY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service that offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company provides the service via a fleet of geostationary satellites it owns and operates and now offers a streaming SiriusXM option. Pandora, which accounts for a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants such as Spotify, Apple Music, and YouTube Music.
70GF Score
Get the complete analysis for FRA:3HY
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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