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Flat Capital ABFRA:87I +0.40%45 Return-on-Tangible-Asset is 139.74% as of Jun. 2026, which is 597% above its 10-year median of 20.04. GuruFocus rates FRA:87I with a GF Score™ of 45/100. The stock has 2 warning signs investors should review. Among 1,632 Asset Management companies, Flat Capital AB ranks worse than 97.86% 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. Flat Capital AB's annualizedNet Income for the quarter that ended in Jun. 2026 was €687.32 Mil. Flat Capital AB's average total tangible assets for the quarter that ended in Jun. 2026 was €491.85 Mil. Therefore, Flat Capital AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 139.74%.
The historical rank and industry rank for Flat Capital AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:87I'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -92.63 Med: 20.04 Max: 44.66
Current: -92.63
During the past 7 years, Flat Capital AB's highest Return-on-Tangible-Asset was 44.66%. The lowest was -92.63%. And the median was 20.04%.
FRA:87I's Return-on-Tangible-Asset is ranked worse than 97.86% of 1632
companies
in the Asset Management industry
Industry Median: 4.51
vs FRA:87I: -92.63
Flat Capital AB (FRA:87I) 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.
Flat Capital AB Return-on-Tangible-Asset Related Terms
Flat Capital AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Flat Capital 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:87I vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Flat Capital 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.
Flat Capital AB Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Flat Capital AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Flat Capital 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 139.74% mean?
Flat Capital AB (FRA:87I) has a Return-on-Tangible-Asset of 139.74% 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 Flat Capital AB and its competitors. This is 597% above median its historical median of 20.04. According to the industry distribution chart, Flat Capital AB ranks #1597 out of 1632 companies in the Asset Management industry, placing it in the top 97.9%.
Is Flat Capital AB's Return-on-Tangible-Asset too high?
Flat Capital AB's current Return-on-Tangible-Asset of 139.74% is 597% above median its 10-year median of 20.04. The Asset Management industry median Return-on-Tangible-Asset is 4.51. Flat Capital AB's value of 139.74% is 2998.4% above this industry median. Based on the distribution chart, Flat Capital AB ranks #1597 out of 1632 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Flat Capital AB has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Flat Capital AB's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Flat Capital AB ranks #1597 out of 1632 companies for Return-on-Tangible-Asset. This places Flat Capital AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.51. Flat Capital AB's value of 139.74% is 2998.4% above this benchmark. While the company's 10-year median is 20.04 vs. the industry median of 4.51, Flat Capital 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.51, based on 1,632 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. Flat Capital AB's current Return-on-Tangible-Asset of 139.74% is 2998.4% 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 Flat Capital AB and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flat Capital AB's current Return-on-Tangible-Asset is 139.74%, which is 597% above median its own 10-year median of 20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flat Capital AB stock overvalued right now?
Flat Capital AB (FRA:87I) has a current Return-on-Tangible-Asset of 139.74%. The current Return-on-Tangible-Asset is 139.74%, which is 597% above median its 10-year median of 20.04 and 2998.4% above the Asset Management industry median of 4.51. Flat Capital AB's overall GF Score™ is 45/100 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 Flat Capital AB (FRA:87I), the current Return-on-Tangible-Asset is 139.74% 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.
Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns. The company's Investment plan consists of investment in prominent entrepreneurs who have a good position in their companies, investment in markets, where company growth is driven by underlying structural trends, Investment in unlisted companies that are in a growth phase, seeking minority stakes in its portfolio holdings and investment globally.
45GF Score
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