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Firefly ABFRA:A63 86 Return-on-Tangible-Asset is 10.89% as of Mar. 2026, which is 9% below its 10-year median of 11.94. GuruFocus rates FRA:A63 with a GF Score™ of 86/100 and a GF Value™ of €16.15. The stock has 2 warning signs investors should review. Among 1,780 Construction companies, Firefly AB ranks better than 93.09% 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. Firefly AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €34.4 Mil. Firefly AB's average total tangible assets for the quarter that ended in Mar. 2026 was €315.9 Mil. Therefore, Firefly AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.89%.
The historical rank and industry rank for Firefly AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:A63'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.95 Med: 11.94 Max: 18.6
Current: 14.2
During the past 13 years, Firefly AB's highest Return-on-Tangible-Asset was 18.60%. The lowest was 4.95%. And the median was 11.94%.
FRA:A63's Return-on-Tangible-Asset is ranked better than 93.09% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs FRA:A63: 14.20
Firefly AB (FRA:A63) 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.
Firefly AB Return-on-Tangible-Asset Related Terms
Firefly AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Firefly AB'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:A63 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Firefly AB'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.
Firefly AB Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Firefly AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Firefly AB'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 10.89% mean?
Firefly AB (FRA:A63) has a Return-on-Tangible-Asset of 10.89% 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 Firefly AB and its competitors. This is near median its historical median of 11.94. Over the past decade, Firefly AB's Return-on-Tangible-Asset has ranged from 4.95 to 18.60. According to the industry distribution chart, Firefly AB ranks #123 out of 1780 companies in the Construction industry, placing it in the top 6.9%.
Is Firefly AB's Return-on-Tangible-Asset too high?
Firefly AB's current Return-on-Tangible-Asset of 10.89% is near median its 10-year median of 11.94. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 18.60. The Construction industry median Return-on-Tangible-Asset is 3.06. Firefly AB's value of 10.89% is 255.9% above this industry median. Based on the distribution chart, Firefly AB ranks #123 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Firefly AB has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Firefly AB's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Firefly AB ranks #123 out of 1780 companies for Return-on-Tangible-Asset. This places Firefly AB in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Firefly AB's value of 10.89% is 255.9% above this benchmark. Historically, Firefly AB's own Return-on-Tangible-Asset has ranged from 4.95 to 18.60 over the past decade. While the company's 10-year median is 11.94 vs. the industry median of 3.06, Firefly AB 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Firefly AB's current Return-on-Tangible-Asset of 10.89% is 255.9% 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 Firefly AB and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firefly AB's current Return-on-Tangible-Asset is 10.89%, which is near median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly AB stock overvalued right now?
Firefly AB (FRA:A63) has a current Return-on-Tangible-Asset of 10.89%. The stock's GF Value™ is €16.15, compared to a current price of €13.50 — trading 16.4% below its estimated fair value. The current Return-on-Tangible-Asset is 10.89%, which is near median its 10-year median of 11.94 and 255.9% above the Construction industry median of 3.06. Firefly AB's overall GF Score™ is 86/100 with 2 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 Firefly AB (FRA:A63), the current Return-on-Tangible-Asset is 10.89% 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 Firefly AB (FRA:A63) Overvalued in 2026?
Based on GuruFocus' analysis, Firefly AB stock appears to be undervalued.
The current stock price of €13.50 is trading 16.4% below its estimated GF Value™ of €16.15.
Key valuation signals for FRA:A63:
Return-on-Tangible-Asset: 10.89% (near median its 10-year median of 11.94)
GF Value™: €16.15 vs. price of €13.50 (16.4% below fair value)
Industry Position: 255.9% above the Construction median (#123 of 1780)
No single metric tells the full story. See the FRA:A63 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection.
86GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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