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Lingyi Itech (Guangdong) CoFRA:9NJ1 -7.98%52 Return-on-Tangible-Asset is 3.03% as of Mar. 2026, which is 37% below its 10-year median of 4.78. GuruFocus rates FRA:9NJ1 with a GF Score™ of 52/100 and a GF Value™ of €0.58 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, Lingyi Itech (Guangdong) Co ranks better than 59.83% on this metric.
Lingyi Itech (Guangdong) Co (FRA:9NJ1) 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.
Lingyi Itech (Guangdong) Co Return-on-Tangible-Asset Related Terms
Lingyi Itech (Guangdong) Co Return-on-Tangible-Asset Historical Data
* 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.
Lingyi Itech (Guangdong) Co Return-on-Tangible-Asset Chart
FRA:9NJ1 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Lingyi Itech (Guangdong) Co'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.
Lingyi Itech (Guangdong) Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lingyi Itech (Guangdong) Co'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 3.03% mean?
Lingyi Itech (Guangdong) Co (FRA:9NJ1) has a Return-on-Tangible-Asset of 3.03% 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 Lingyi Itech (Guangdong) Co and its competitors. This is 37% below median its historical median of 4.78. According to the industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1005 out of 2502 companies in the Hardware industry, placing it in the top 40.2%.
Is Lingyi Itech (Guangdong) Co's Return-on-Tangible-Asset too high?
Lingyi Itech (Guangdong) Co's current Return-on-Tangible-Asset of 3.03% is 37% below median its 10-year median of 4.78. The Hardware industry median Return-on-Tangible-Asset is 2.64. Lingyi Itech (Guangdong) Co's value of 3.03% is 15% above this industry median. Based on the distribution chart, Lingyi Itech (Guangdong) Co ranks #1005 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Lingyi Itech (Guangdong) Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lingyi Itech (Guangdong) Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Lingyi Itech (Guangdong) Co ranks #1005 out of 2502 companies for Return-on-Tangible-Asset. This puts Lingyi Itech (Guangdong) Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.64. Lingyi Itech (Guangdong) Co's value of 3.03% is 15% above this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 2.64, Lingyi Itech (Guangdong) Co 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.64, based on 2,502 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. Lingyi Itech (Guangdong) Co's current Return-on-Tangible-Asset of 3.03% is 15% 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 Lingyi Itech (Guangdong) Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyi Itech (Guangdong) Co's current Return-on-Tangible-Asset is 3.03%, which is 37% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyi Itech (Guangdong) Co stock overvalued right now?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co (FRA:9NJ1) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.58, compared to a current price of €0.68 — trading 16.4% above its estimated fair value. The current Return-on-Tangible-Asset is 3.03%, which is 37% below median its 10-year median of 4.78 and 15% above the Hardware industry median of 2.64. Lingyi Itech (Guangdong) Co's overall GF Score™ is 52/100 with 3 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 Lingyi Itech (Guangdong) Co (FRA:9NJ1), the current Return-on-Tangible-Asset is 3.03% 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 Lingyi Itech (Guangdong) Co (FRA:9NJ1) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyi Itech (Guangdong) Co stock appears to be overvalued.
The current stock price of €0.68 is trading 16.4% above its estimated GF Value™ of €0.58.
GuruFocus considers Lingyi Itech (Guangdong) Co to be Modestly Overvalued.
Key valuation signals for FRA:9NJ1:
Return-on-Tangible-Asset: 3.03% (37% below median its 10-year median of 4.78)
GF Value™: €0.58 vs. price of €0.68 (16.4% above fair value)
Industry Position: 15% above the Hardware median (#1005 of 2502)
No single metric tells the full story. See the FRA:9NJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyi Itech (Guangdong) Co Ltd is engaged in the manufacturing of precision functional components, structural modules, and intelligent assembly solutions for the consumer electronics, automotive, and energy storage industries. The company operates three segments. The AI Terminal segment covers AI-powered mobile phones, folding-screen devices, PCs, tablets, display solutions, battery systems, thermal management, AI glasses, XR wearables, sensors, robotics, and related hardware. The Automotive and Low-Altitude Economy segment includes battery structural parts, brake modules, lidar, electronic steering systems, and carbon fiber products. The Other segment focuses on clean energy and photovoltaic storage, including micro inverters, outdoor power solutions, and related products.
52GF Score
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