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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. Polygiene Group AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €1.14 Mil. Polygiene Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was €10.65 Mil. Therefore, Polygiene Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.66%.
The historical rank and industry rank for Polygiene Group AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:44P'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -243.11 Med: -4.02 Max: 67.38
Current: -9.39
During the past 13 years, Polygiene Group AB's highest Return-on-Tangible-Asset was 67.38%. The lowest was -243.11%. And the median was -4.02%.
FRA:44P's Return-on-Tangible-Asset is ranked worse than 90.69% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs FRA:44P: -9.39
Polygiene Group AB (FRA:44P) 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.
Polygiene Group AB Return-on-Tangible-Asset Related Terms
Polygiene Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polygiene Group AB'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:44P vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Polygiene Group AB'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.
Polygiene Group AB Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Polygiene Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polygiene Group AB'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.66% mean?
Polygiene Group AB (FRA:44P) has a Return-on-Tangible-Asset of 10.66% 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 Polygiene Group AB and its competitors. According to the industry distribution chart, Polygiene Group AB ranks #1462 out of 1612 companies in the Chemicals industry, placing it in the top 90.7%.
Is Polygiene Group AB's Return-on-Tangible-Asset too high?
Polygiene Group AB's current Return-on-Tangible-Asset is 10.66%. The Chemicals industry median Return-on-Tangible-Asset is 3.08. Polygiene Group AB's value of 10.66% is 246.7% above this industry median. Based on the distribution chart, Polygiene Group AB ranks #1462 out of 1612 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Polygiene Group AB has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Polygiene Group AB's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Polygiene Group AB ranks #1462 out of 1612 companies for Return-on-Tangible-Asset. This places Polygiene Group AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. Polygiene Group AB's value of 10.66% is 246.7% 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. Polygiene Group AB's current Return-on-Tangible-Asset of 10.66% is 246.7% 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 Polygiene Group AB and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polygiene Group AB's current Return-on-Tangible-Asset is 10.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polygiene Group AB stock overvalued right now?
Based on GuruFocus' analysis, Polygiene Group AB (FRA:44P) is currently considered Possible Value Trap. The stock's GF Value™ is €0.68, compared to a current price of €0.38 — trading 44.1% below its estimated fair value. The current Return-on-Tangible-Asset is 10.66% and 246.7% above the Chemicals industry median of 3.08. Polygiene Group AB's overall GF Score™ is 38/100 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 Polygiene Group AB (FRA:44P), the current Return-on-Tangible-Asset is 10.66% 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 Polygiene Group AB (FRA:44P) Overvalued in 2026?
Based on GuruFocus' analysis, Polygiene Group AB stock appears to be undervalued.
The current stock price of €0.38 is trading 44.1% below its estimated GF Value™ of €0.68.
GuruFocus considers Polygiene Group AB to be Possible Value Trap.
Key valuation signals for FRA:44P:
Return-on-Tangible-Asset: 10.66%
GF Value™: €0.68 vs. price of €0.38 (44.1% below fair value)
Industry Position: 246.7% above the Chemicals median (#1462 of 1612)
No single metric tells the full story. See the FRA:44P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polygiene Group AB is an ingredient technology company offering solutions to enhance freshness and performance across products and materials. With key technologies such as StayFresh, Stay Cool, OdorCrunch2.0, Biomaster, Polygiene StayCool, Verimaster, and Scentmaster, etc., it offers solutions for odor, bacteria, and virus control, and can also offer solutions for protection against counterfeiting. The Group serves businesses across various categories, including Sports and Outdoor, Fashion and Lifestyle, Workwear, Hospitality, Home and Pets, Healthcare, Water, Industrial, and Paper and Packaging. Its operating business segments are: Polygiene, which generates the maximum revenue, and Addmaster. Geographically, the Group generates maximum revenue from Europe, Middle East, and Africa (EMEA).
38GF Score
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