Next 15 GroupFRA:8LS -1.97%65 Return-on-Tangible-Asset is -18.38% as of Jan. 2026. GuruFocus rates FRA:8LS with a GF Score™ of 65/100 and a GF Value™ of €4.53 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,031 Media - Diversified companies, Next 15 Group ranks worse than 74.49% 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. Next 15 Group's annualizedNet Income for the quarter that ended in Jan. 2026 was €-66.3 Mil. Next 15 Group's average total tangible assets for the quarter that ended in Jan. 2026 was €360.8 Mil. Therefore, Next 15 Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was -18.38%.
The historical rank and industry rank for Next 15 Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:8LS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.99 Med: 1.48 Max: 15.59
Current: -9.45
During the past 13 years, Next 15 Group's highest Return-on-Tangible-Asset was 15.59%. The lowest was -32.99%. And the median was 1.48%.
FRA:8LS's Return-on-Tangible-Asset is ranked worse than 74.49% of 1031
companies
in the Media - Diversified industry
Industry Median: 0.76
vs FRA:8LS: -9.45
Next 15 Group (FRA:8LS) 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.
Next 15 Group Return-on-Tangible-Asset Related Terms
Next 15 Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Next 15 Group'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:8LS vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison
For the Advertising Agencies subindustry, Next 15 Group'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.
Next 15 Group Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Next 15 Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Next 15 Group'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 two times the semi-annual (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of -18.38% mean?
Next 15 Group (FRA:8LS) has a Return-on-Tangible-Asset of -18.38% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Next 15 Group and its competitors. According to the industry distribution chart, Next 15 Group ranks #768 out of 1031 companies in the Media - Diversified industry, placing it in the top 74.5%.
Is Next 15 Group's Return-on-Tangible-Asset too high?
Next 15 Group's current Return-on-Tangible-Asset is -18.38%. Based on the distribution chart, Next 15 Group ranks #768 out of 1031 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Next 15 Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next 15 Group's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Next 15 Group ranks #768 out of 1031 companies for Return-on-Tangible-Asset. This places Next 15 Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.76. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.76, based on 1,031 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 Next 15 Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next 15 Group's current Return-on-Tangible-Asset is -18.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next 15 Group stock overvalued right now?
Based on GuruFocus' analysis, Next 15 Group (FRA:8LS) is currently considered Possible Value Trap. The stock's GF Value™ is €4.53, compared to a current price of €2.98 — trading 34.2% below its estimated fair value. The current Return-on-Tangible-Asset is -18.38%. Next 15 Group's overall GF Score™ is 65/100 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 Next 15 Group (FRA:8LS), the current Return-on-Tangible-Asset is -18.38% as of Jan. 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 Next 15 Group (FRA:8LS) Overvalued in 2026?
Based on GuruFocus' analysis, Next 15 Group stock appears to be undervalued.
The current stock price of €2.98 is trading 34.2% below its estimated GF Value™ of €4.53.
GuruFocus considers Next 15 Group to be Possible Value Trap.
Key valuation signals for FRA:8LS:
Return-on-Tangible-Asset: -18.38%
GF Value™: €4.53 vs. price of €2.98 (34.2% below fair value)
No single metric tells the full story. See the FRA:8LS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Retail Media; Data & Research; Digital Transformation, Marketing & Communications, and Creative Services . It generates maximum of its revenue from the Marketing & Communications segment.
65GF Score
Get the complete analysis for FRA:8LS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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