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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. ALA SpA's annualizedNet Income for the quarter that ended in Jun. 2025 was €24.6 Mil. ALA SpA's average total tangible assets for the quarter that ended in Jun. 2025 was €212.3 Mil. Therefore, ALA SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 11.57%.
The historical rank and industry rank for ALA SpA's Return-on-Tangible-Asset or its related term are showing as below:
FRA:8WD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.37 Med: 6.42 Max: 10.97
Current: 10.97
During the past 7 years, ALA SpA's highest Return-on-Tangible-Asset was 10.97%. The lowest was 2.37%. And the median was 6.42%.
FRA:8WD's Return-on-Tangible-Asset is not ranked
in the Industrial Distribution industry.
Industry Median: 4.2
vs FRA:8WD: 10.97
ALA SpA (FRA:8WD) 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.
ALA SpA Return-on-Tangible-Asset Related Terms
ALA SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ALA SpA'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:8WD vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, ALA SpA'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.
ALA SpA Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, ALA SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ALA SpA'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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.57% mean?
ALA SpA (FRA:8WD) has a Return-on-Tangible-Asset of 11.57% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ALA SpA and its competitors. This is 80% above median its historical median of 6.42. Over the past decade, ALA SpA's Return-on-Tangible-Asset has ranged from 2.37 to 10.97.
Is ALA SpA's Return-on-Tangible-Asset too high?
ALA SpA's current Return-on-Tangible-Asset of 11.57% is 80% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 10.97. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.20. ALA SpA's value of 11.57% is 175.5% above this industry median. Overall, ALA SpA has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does ALA SpA's Return-on-Tangible-Asset compare to GWW and FAST?
ALA SpA's Return-on-Tangible-Asset of 11.57% can be compared against companies in the Industrial Distribution industry. The industry median Return-on-Tangible-Asset is 4.20. ALA SpA's value of 11.57% is 175.5% above this benchmark. Historically, ALA SpA's own Return-on-Tangible-Asset has ranged from 2.37 to 10.97 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 4.20, ALA SpA 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 Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.20, based on 158 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. ALA SpA's current Return-on-Tangible-Asset of 11.57% is 175.5% 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 ALA SpA and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALA SpA's current Return-on-Tangible-Asset is 11.57%, which is 80% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALA SpA stock overvalued right now?
ALA SpA (FRA:8WD) has a current Return-on-Tangible-Asset of 11.57%. The stock's GF Value™ is €30.35, compared to a current price of €36.00 — trading 18.6% above its estimated fair value. The current Return-on-Tangible-Asset is 11.57%, which is 80% above median its 10-year median of 6.42 and 175.5% above the Industrial Distribution industry median of 4.20. ALA SpA's overall GF Score™ is 66/100 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 ALA SpA (FRA:8WD), the current Return-on-Tangible-Asset is 11.57% as of Jun. 2025. 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 ALA SpA (FRA:8WD) Overvalued in 2026?
Based on GuruFocus' analysis, ALA SpA stock appears to be overvalued.
The current stock price of €36.00 is trading 18.6% above its estimated GF Value™ of €30.35.
Key valuation signals for FRA:8WD:
Return-on-Tangible-Asset: 11.57% (80% above median its 10-year median of 6.42)
GF Value™: €30.35 vs. price of €36.00 (18.6% above fair value)
Industry Position: 175.5% above the Industrial Distribution median
No single metric tells the full story. See the FRA:8WD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ALA SpA is a distributor and supply chain solutions provider to the industrial markets. It is involved in the distribution of components and equipment for use in the civil and military aeronautical sectors. The company also offers integrated logistics services for the rail, energy, and marine sectors. Its various product offerings include power systems, oxygen systems, gate valves, protection valves, fasteners, regulators, and others. Geographically, the company derives maximum revenue from its business in Italy and the rest from other parts of the European Union and other regions.
66GF Score
Get the complete analysis for FRA:8WD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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