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TOREX SEMICONDUCTORFRA:8KH 70 Return-on-Tangible-Asset is 6.71% as of Mar. 2026, which is 96% above its 10-year median of 3.43. GuruFocus rates FRA:8KH with a GF Score™ of 70/100 and a GF Value™ of €8.93 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,029 Semiconductors companies, TOREX SEMICONDUCTOR ranks better than 53.06% 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. TOREX SEMICONDUCTOR's annualizedNet Income for the quarter that ended in Mar. 2026 was €12.6 Mil. TOREX SEMICONDUCTOR's average total tangible assets for the quarter that ended in Mar. 2026 was €188.3 Mil. Therefore, TOREX SEMICONDUCTOR's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.71%.
The historical rank and industry rank for TOREX SEMICONDUCTOR's Return-on-Tangible-Asset or its related term are showing as below:
FRA:8KH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.88 Med: 3.43 Max: 15.52
Current: 3.43
During the past 13 years, TOREX SEMICONDUCTOR's highest Return-on-Tangible-Asset was 15.52%. The lowest was -11.88%. And the median was 3.43%.
FRA:8KH's Return-on-Tangible-Asset is ranked better than 53.06% of 1029
companies
in the Semiconductors industry
Industry Median: 2.82
vs FRA:8KH: 3.43
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.
TOREX SEMICONDUCTOR Return-on-Tangible-Asset Related Terms
TOREX SEMICONDUCTOR Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TOREX SEMICONDUCTOR'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:8KH vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, TOREX SEMICONDUCTOR'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.
TOREX SEMICONDUCTOR Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, TOREX SEMICONDUCTOR's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TOREX SEMICONDUCTOR'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 6.71% mean?
TOREX SEMICONDUCTOR (FRA:8KH) has a Return-on-Tangible-Asset of 6.71% 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 TOREX SEMICONDUCTOR and its competitors. This is 96% above median its historical median of 3.43. According to the industry distribution chart, TOREX SEMICONDUCTOR ranks #483 out of 1029 companies in the Semiconductors industry, placing it in the top 46.9%.
Is TOREX SEMICONDUCTOR's Return-on-Tangible-Asset too high?
TOREX SEMICONDUCTOR's current Return-on-Tangible-Asset of 6.71% is 96% above median its 10-year median of 3.43. The Semiconductors industry median Return-on-Tangible-Asset is 2.82. TOREX SEMICONDUCTOR's value of 6.71% is 137.9% above this industry median. Based on the distribution chart, TOREX SEMICONDUCTOR ranks #483 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, TOREX SEMICONDUCTOR has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOREX SEMICONDUCTOR's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, TOREX SEMICONDUCTOR ranks #483 out of 1029 companies for Return-on-Tangible-Asset. This puts TOREX SEMICONDUCTOR in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.82. TOREX SEMICONDUCTOR's value of 6.71% is 137.9% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 2.82, TOREX SEMICONDUCTOR 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.82, based on 1,029 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. TOREX SEMICONDUCTOR's current Return-on-Tangible-Asset of 6.71% is 137.9% 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 TOREX SEMICONDUCTOR and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOREX SEMICONDUCTOR's current Return-on-Tangible-Asset is 6.71%, which is 96% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOREX SEMICONDUCTOR stock overvalued right now?
Based on GuruFocus' analysis, TOREX SEMICONDUCTOR (FRA:8KH) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.93, compared to a current price of €10.80 — trading 20.9% above its estimated fair value. The current Return-on-Tangible-Asset is 6.71%, which is 96% above median its 10-year median of 3.43 and 137.9% above the Semiconductors industry median of 2.82. TOREX SEMICONDUCTOR's overall GF Score™ is 70/100 with 4 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 TOREX SEMICONDUCTOR (FRA:8KH), the current Return-on-Tangible-Asset is 6.71% 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 TOREX SEMICONDUCTOR (FRA:8KH) Overvalued in 2026?
Based on GuruFocus' analysis, TOREX SEMICONDUCTOR stock appears to be overvalued.
The current stock price of €10.80 is trading 20.9% above its estimated GF Value™ of €8.93.
GuruFocus considers TOREX SEMICONDUCTOR to be Modestly Overvalued.
Key valuation signals for FRA:8KH:
Return-on-Tangible-Asset: 6.71% (96% above median its 10-year median of 3.43)
GF Value™: €8.93 vs. price of €10.80 (20.9% above fair value)
Industry Position: 137.9% above the Semiconductors median (#483 of 1029)
No single metric tells the full story. See the FRA:8KH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOREX SEMICONDUCTOR Ltd is engaged in the business of designing, manufacturing, and selling semiconductor devices. The product portfolio includes DC / DC converter, Voltage regulator, Voltage detector, Load switch, Charge pump, Pushbutton controller, Temperature sensor, Switching Diode, Bridge diode, Fast recovery diode, and Transient voltage suppressor.
70GF Score
Get the complete analysis for FRA:8KH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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