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Clean Teq WaterFRA:9NK +13.71%32 Return-on-Tangible-Asset is -5.29% as of Dec. 2025. GuruFocus rates FRA:9NK with a GF Score™ of 32/100 and a GF Value™ of €0.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 508 Utilities - Regulated companies, Clean Teq Water ranks worse than 95.87% 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. Clean Teq Water's annualizedNet Income for the quarter that ended in Dec. 2025 was €-0.31 Mil. Clean Teq Water's average total tangible assets for the quarter that ended in Dec. 2025 was €5.78 Mil. Therefore, Clean Teq Water's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -5.29%.
The historical rank and industry rank for Clean Teq Water's Return-on-Tangible-Asset or its related term are showing as below:
FRA:9NK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -88.48 Med: -45.16 Max: -9.57
Current: -9.57
During the past 4 years, Clean Teq Water's highest Return-on-Tangible-Asset was -9.57%. The lowest was -88.48%. And the median was -45.16%.
FRA:9NK's Return-on-Tangible-Asset is ranked worse than 95.87% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.375
vs FRA:9NK: -9.57
Clean Teq Water (FRA:9NK) 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.
Clean Teq Water Return-on-Tangible-Asset Related Terms
Clean Teq Water Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Clean Teq Water'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:9NK vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Clean Teq Water'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.
Clean Teq Water Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Clean Teq Water'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -5.29% mean?
Clean Teq Water (FRA:9NK) has a Return-on-Tangible-Asset of -5.29% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Clean Teq Water and its competitors. According to the industry distribution chart, Clean Teq Water ranks #487 out of 508 companies in the Utilities - Regulated industry, placing it in the top 95.9%.
Is Clean Teq Water's Return-on-Tangible-Asset too high?
Clean Teq Water's current Return-on-Tangible-Asset is -5.29%. Based on the distribution chart, Clean Teq Water ranks #487 out of 508 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Clean Teq Water has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Teq Water's Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Clean Teq Water ranks #487 out of 508 companies for Return-on-Tangible-Asset. This places Clean Teq Water in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.38. 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 508 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 Clean Teq Water and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Teq Water's current Return-on-Tangible-Asset is -5.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Teq Water stock overvalued right now?
Based on GuruFocus' analysis, Clean Teq Water (FRA:9NK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.20, compared to a current price of €0.45 — trading 124% above its estimated fair value. The current Return-on-Tangible-Asset is -5.29%. Clean Teq Water's overall GF Score™ is 32/100 with 5 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 Clean Teq Water (FRA:9NK), the current Return-on-Tangible-Asset is -5.29% as of Dec. 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 Clean Teq Water (FRA:9NK) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Teq Water stock appears to be overvalued.
The current stock price of €0.45 is trading 124% above its estimated GF Value™ of €0.20.
GuruFocus considers Clean Teq Water to be Significantly Overvalued.
Key valuation signals for FRA:9NK:
Return-on-Tangible-Asset: -5.29%
GF Value™: €0.20 vs. price of €0.45 (124% above fair value)
No single metric tells the full story. See the FRA:9NK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.
32GF Score
Get the complete analysis for FRA:9NK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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