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.
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.
Alcadon Group ABFRA:5Y4 +0.36%73 Return-on-Tangible-Asset is 6.41% as of Mar. 2026, which is 57% below its 10-year median of 14.78. GuruFocus rates FRA:5Y4 with a GF Score™ of 73/100 and a GF Value™ of €2.22 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,501 Hardware companies, Alcadon Group AB ranks worse than 70.37% 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. Alcadon Group AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €3.9 Mil. Alcadon Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was €60.9 Mil. Therefore, Alcadon Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.41%.
The historical rank and industry rank for Alcadon Group AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:5Y4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.59 Med: 14.78 Max: 33.73
Current: -1.29
During the past 11 years, Alcadon Group AB's highest Return-on-Tangible-Asset was 33.73%. The lowest was -1.59%. And the median was 14.78%.
FRA:5Y4's Return-on-Tangible-Asset is ranked worse than 70.37% of 2501
companies
in the Hardware industry
Industry Median: 2.48
vs FRA:5Y4: -1.29
Alcadon Group AB (FRA:5Y4) 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.
Alcadon Group AB Return-on-Tangible-Asset Related Terms
Alcadon Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Alcadon 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:5Y4 vs CSCO, MSI, HPE: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Alcadon 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.
Alcadon Group AB Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Alcadon Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alcadon 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 6.41% mean?
Alcadon Group AB (FRA:5Y4) has a Return-on-Tangible-Asset of 6.41% 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 Alcadon Group AB and its competitors. This is 57% below median its historical median of 14.78. According to the industry distribution chart, Alcadon Group AB ranks #1760 out of 2501 companies in the Hardware industry, placing it in the top 70.4%.
Is Alcadon Group AB's Return-on-Tangible-Asset too high?
Alcadon Group AB's current Return-on-Tangible-Asset of 6.41% is 57% below median its 10-year median of 14.78. The Hardware industry median Return-on-Tangible-Asset is 2.48. Alcadon Group AB's value of 6.41% is 158.5% above this industry median. Based on the distribution chart, Alcadon Group AB ranks #1760 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Alcadon Group AB has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alcadon Group AB's Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Alcadon Group AB ranks #1760 out of 2501 companies for Return-on-Tangible-Asset. This places Alcadon Group AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.48. Alcadon Group AB's value of 6.41% is 158.5% above this benchmark. While the company's 10-year median is 14.78 vs. the industry median of 2.48, Alcadon Group AB 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.48, based on 2,501 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. Alcadon Group AB's current Return-on-Tangible-Asset of 6.41% is 158.5% 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 Alcadon Group AB and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcadon Group AB's current Return-on-Tangible-Asset is 6.41%, which is 57% below median its own 10-year median of 14.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcadon Group AB stock overvalued right now?
Based on GuruFocus' analysis, Alcadon Group AB (FRA:5Y4) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €2.80 — trading 26.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.41%, which is 57% below median its 10-year median of 14.78 and 158.5% above the Hardware industry median of 2.48. Alcadon Group AB's overall GF Score™ is 73/100 with 6 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 Alcadon Group AB (FRA:5Y4), the current Return-on-Tangible-Asset is 6.41% 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 Alcadon Group AB (FRA:5Y4) Overvalued in 2026?
Based on GuruFocus' analysis, Alcadon Group AB stock appears to be overvalued.
The current stock price of €2.80 is trading 26.1% above its estimated GF Value™ of €2.22.
GuruFocus considers Alcadon Group AB to be Modestly Overvalued.
Key valuation signals for FRA:5Y4:
Return-on-Tangible-Asset: 6.41% (57% below median its 10-year median of 14.78)
GF Value™: €2.22 vs. price of €2.80 (26.1% above fair value)
Industry Position: 158.5% above the Hardware median (#1760 of 2501)
No single metric tells the full story. See the FRA:5Y4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcadon Group AB is engaged in providing network infrastructure and data communications products and solutions, mainly through the sale of goods, along with minor services and training to support operations. The group operates as a single operating segment, focusing on structured cabling solutions for commercial and public properties, as well as data centre-related infrastructure, serving customers across multiple geographic markets.
73GF Score
Get the complete analysis for FRA:5Y4
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:5Y4 has been successfully added to your 
