Conduent (FRA:4C0) Return-on-Tangible-Asset: -29.71% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:4C0 Conduent Inc FRA:4C0
51 GF Score
Price €1.34
GF Value €2.76
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Conduent Return-on-Tangible-Asset?

Conduent FRA:4C0 +1.75% 51 Return-on-Tangible-Asset is -29.71% as of Jun. 2026. GuruFocus rates FRA:4C0 with a GF Score™ of 51/100 and a GF Value™ of €2.76 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,894 Software companies, Conduent ranks worse than 74.91% 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. Conduent's annualized Net Income for the quarter that ended in Jun. 2026 was €-403 Mil. Conduent's average total tangible assets for the quarter that ended in Jun. 2026 was €1,356 Mil. Therefore, Conduent's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -29.71%.

The historical rank and industry rank for Conduent's Return-on-Tangible-Asset or its related term are showing as below:

FRA:4C0' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -79.33   Med: -8.91   Max: 21.08
Current: -13.98

During the past 13 years, Conduent's highest Return-on-Tangible-Asset was 21.08%. The lowest was -79.33%. And the median was -8.91%.

FRA:4C0's Return-on-Tangible-Asset is ranked worse than
74.91% of 2894 companies
in the Software industry
Industry Median: 2.095 vs FRA:4C0: -13.98

Conduent  (FRA:4C0) 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 company’s 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 company’s 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.


Conduent Return-on-Tangible-Asset Related Terms


Conduent Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Conduent'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.

Conduent Return-on-Tangible-Asset Chart

Conduent Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -8.09 -12.90 21.56 -9.39

Conduent Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.00 -10.69 -7.94 -8.22 -29.71

FRA:4C0 vs UIS, HCKT, TTGT: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Conduent'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.


Conduent Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Conduent's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Conduent's Return-on-Tangible-Asset falls into.


FRA:4C0
51GF Score
Conduent Inc FRA:4C0
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conduent Return-on-Tangible-Asset Calculation

Conduent's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-145.18/( (1716.135+1375.794)/ 2 )
=-145.18/1545.9645
=-9.39 %

Conduent's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-402.752/( (1403.03+1308.076)/ 2 )
=-402.752/1355.553
=-29.71 %

* 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 -29.71% mean?
Conduent (FRA:4C0) has a Return-on-Tangible-Asset of -29.71% 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 Conduent and its competitors. According to the industry distribution chart, Conduent ranks #2168 out of 2894 companies in the Software industry, placing it in the top 74.9%.
Is Conduent's Return-on-Tangible-Asset too high?
Conduent's current Return-on-Tangible-Asset is -29.71%. Based on the distribution chart, Conduent ranks #2168 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, Conduent has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conduent's Return-on-Tangible-Asset compare to UIS and HCKT?
According to the Software industry distribution chart, Conduent ranks #2168 out of 2894 companies for Return-on-Tangible-Asset. This places Conduent in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. 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 2.10, based on 2,894 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 Conduent and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conduent's current Return-on-Tangible-Asset is -29.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduent stock overvalued right now?
Based on GuruFocus' analysis, Conduent (FRA:4C0) is currently considered Possible Value Trap. The stock's GF Value™ is €2.76, compared to a current price of €1.34 — trading 51.4% below its estimated fair value. The current Return-on-Tangible-Asset is -29.71%. Conduent's overall GF Score™ is 51/100 with 3 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 Conduent (FRA:4C0), the current Return-on-Tangible-Asset is -29.71% 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 Conduent (FRA:4C0) Overvalued in 2026?

Based on GuruFocus' analysis, Conduent stock appears to be undervalued. The current stock price of €1.34 is trading 51.4% below its estimated GF Value™ of €2.76. GuruFocus considers Conduent to be Possible Value Trap.

Key valuation signals for FRA:4C0:

  • Return-on-Tangible-Asset: -29.71%
  • GF Value™: €2.76 vs. price of €1.34 (51.4% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the FRA:4C0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Conduent Business Description

Other Exchanges CNDT:USA
Address 100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation, as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments, namely Commercial Industries, which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas, of which the majority of revenue is generated in the United States.
51GF Score

Get the complete analysis for FRA:4C0

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.34
Price
€2.76
GF Value