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Piperndler CosFRA:62C -6.88%71 Return-on-Tangible-Asset is 13.53% as of Mar. 2026, which is 157% above its 10-year median of 5.26. GuruFocus rates FRA:62C with a GF Score™ of 71/100 and a GF Value™ of €68.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 816 Capital Markets companies, Piperndler Cos ranks better than 90.32% 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. Piperndler Cos's annualizedNet Income for the quarter that ended in Mar. 2026 was €226 Mil. Piperndler Cos's average total tangible assets for the quarter that ended in Mar. 2026 was €1,669 Mil. Therefore, Piperndler Cos's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.53%.
The historical rank and industry rank for Piperndler Cos's Return-on-Tangible-Asset or its related term are showing as below:
FRA:62C'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.25 Med: 5.26 Max: 16.32
Current: 16.32
During the past 13 years, Piperndler Cos's highest Return-on-Tangible-Asset was 16.32%. The lowest was -3.25%. And the median was 5.26%.
FRA:62C's Return-on-Tangible-Asset is ranked better than 90.32% of 816
companies
in the Capital Markets industry
Industry Median: 1.555
vs FRA:62C: 16.32
Piperndler Cos (FRA:62C) 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.
Piperndler Cos Return-on-Tangible-Asset Related Terms
Piperndler Cos Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Piperndler Cos'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:62C vs VIRT, MC, MRX: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Piperndler Cos'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.
Piperndler Cos Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Piperndler Cos's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Piperndler Cos'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 13.53% mean?
Piperndler Cos (FRA:62C) has a Return-on-Tangible-Asset of 13.53% 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 Piperndler Cos and its competitors. This is 157% above median its historical median of 5.26. According to the industry distribution chart, Piperndler Cos ranks #79 out of 816 companies in the Capital Markets industry, placing it in the top 9.7%.
Is Piperndler Cos' Return-on-Tangible-Asset too high?
Piperndler Cos' current Return-on-Tangible-Asset of 13.53% is 157% above median its 10-year median of 5.26. The Capital Markets industry median Return-on-Tangible-Asset is 1.56. Piperndler Cos' value of 13.53% is 770.1% above this industry median. Based on the distribution chart, Piperndler Cos ranks #79 out of 816 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Piperndler Cos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Piperndler Cos' Return-on-Tangible-Asset compare to VIRT and MC?
According to the Capital Markets industry distribution chart, Piperndler Cos ranks #79 out of 816 companies for Return-on-Tangible-Asset. This places Piperndler Cos in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.56. Piperndler Cos' value of 13.53% is 770.1% above this benchmark. While the company's 10-year median is 5.26 vs. the industry median of 1.56, Piperndler Cos 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.56, based on 816 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. Piperndler Cos's current Return-on-Tangible-Asset of 13.53% is 770.1% 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 Piperndler Cos and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piperndler Cos's current Return-on-Tangible-Asset is 13.53%, which is 157% above median its own 10-year median of 5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piperndler Cos stock overvalued right now?
Based on GuruFocus' analysis, Piperndler Cos (FRA:62C) is currently considered Modestly Undervalued. The stock's GF Value™ is €68.50, compared to a current price of €60.90 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Asset is 13.53%, which is 157% above median its 10-year median of 5.26 and 770.1% above the Capital Markets industry median of 1.56. Piperndler Cos' overall GF Score™ is 71/100 with 1 warning sign 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 Piperndler Cos (FRA:62C), the current Return-on-Tangible-Asset is 13.53% 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 Piperndler Cos (FRA:62C) Overvalued in 2026?
Based on GuruFocus' analysis, Piperndler Cos stock appears to be undervalued.
The current stock price of €60.90 is trading 11.1% below its estimated GF Value™ of €68.50.
GuruFocus considers Piperndler Cos to be Modestly Undervalued.
Key valuation signals for FRA:62C:
Return-on-Tangible-Asset: 13.53% (157% above median its 10-year median of 5.26)
GF Value™: €68.50 vs. price of €60.90 (11.1% below fair value)
Industry Position: 770.1% above the Capital Markets median (#79 of 816)
No single metric tells the full story. See the FRA:62C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piper Sandler Cos is an investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States (U.S.) and internationally. The company provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. It generates maximum revenue from Advisory services.
71GF Score
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