Alpha Pro Tech (FRA:APL) Return-on-Tangible-Asset: 3.84% (As of Mar. 2026) — 52% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:APL Alpha Pro Tech Ltd FRA:APL
72 GF Score
Price €4.42
GF Value €4.67
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Alpha Pro Tech Return-on-Tangible-Asset?

Alpha Pro Tech FRA:APL +1.84% 72 Return-on-Tangible-Asset is 3.84% as of Mar. 2026, which is 52% below its 10-year median of 7.92. GuruFocus rates FRA:APL with a GF Score™ of 72/100 and a GF Value™ of €4.67 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,783 Construction companies, Alpha Pro Tech ranks better than 62.42% 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. Alpha Pro Tech's annualized Net Income for the quarter that ended in Mar. 2026 was €2.43 Mil. Alpha Pro Tech's average total tangible assets for the quarter that ended in Mar. 2026 was €63.17 Mil. Therefore, Alpha Pro Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.84%.

The historical rank and industry rank for Alpha Pro Tech's Return-on-Tangible-Asset or its related term are showing as below:

FRA:APL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.78   Med: 7.92   Max: 50.43
Current: 4.94

During the past 13 years, Alpha Pro Tech's highest Return-on-Tangible-Asset was 50.43%. The lowest was 4.78%. And the median was 7.92%.

FRA:APL's Return-on-Tangible-Asset is ranked better than
62.42% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs FRA:APL: 4.94

Alpha Pro Tech  (FRA:APL) 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 company’s 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 company’s 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.


Alpha Pro Tech Return-on-Tangible-Asset Related Terms


Alpha Pro Tech Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Alpha Pro Tech'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.

Alpha Pro Tech Return-on-Tangible-Asset Chart

Alpha Pro Tech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 5.15 6.19 5.63 4.51

Alpha Pro Tech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.31 6.63 5.27 3.78 3.84

FRA:APL vs INVE, SNTL, CSTE: Return-on-Tangible-Asset Comparison

For the Building Products & Equipment subindustry, Alpha Pro Tech'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.


Alpha Pro Tech Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Alpha Pro Tech's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Alpha Pro Tech's Return-on-Tangible-Asset falls into.


FRA:APL
72GF Score
Alpha Pro Tech Ltd FRA:APL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Pro Tech Return-on-Tangible-Asset Calculation

Alpha Pro Tech's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3.015/( (70.371+63.262)/ 2 )
=3.015/66.8165
=4.51 %

Alpha Pro Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2.428/( (63.262+63.083)/ 2 )
=2.428/63.1725
=3.84 %

* 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 3.84% mean?
Alpha Pro Tech (FRA:APL) has a Return-on-Tangible-Asset of 3.84% 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 Alpha Pro Tech and its competitors. This is 52% below median its historical median of 7.92. Over the past decade, Alpha Pro Tech's Return-on-Tangible-Asset has ranged from 4.78 to 50.43. According to the industry distribution chart, Alpha Pro Tech ranks #670 out of 1783 companies in the Construction industry, placing it in the top 37.6%.
Is Alpha Pro Tech's Return-on-Tangible-Asset too high?
Alpha Pro Tech's current Return-on-Tangible-Asset of 3.84% is 52% below median its 10-year median of 7.92. Over the past 10 years, this metric has ranged from a low of 4.78 to a high of 50.43. The Construction industry median Return-on-Tangible-Asset is 3.05. Alpha Pro Tech's value of 3.84% is 25.9% above this industry median. Based on the distribution chart, Alpha Pro Tech ranks #670 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, Alpha Pro Tech has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha Pro Tech's Return-on-Tangible-Asset compare to INVE and SNTL?
According to the Construction industry distribution chart, Alpha Pro Tech ranks #670 out of 1783 companies for Return-on-Tangible-Asset. This puts Alpha Pro Tech in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Alpha Pro Tech's value of 3.84% is 25.9% above this benchmark. Historically, Alpha Pro Tech's own Return-on-Tangible-Asset has ranged from 4.78 to 50.43 over the past decade. While the company's 10-year median is 7.92 vs. the industry median of 3.05, Alpha Pro Tech 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 3.05, based on 1,783 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. Alpha Pro Tech's current Return-on-Tangible-Asset of 3.84% is 25.9% 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 Alpha Pro Tech and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Pro Tech's current Return-on-Tangible-Asset is 3.84%, which is 52% below median its own 10-year median of 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Pro Tech stock overvalued right now?
Based on GuruFocus' analysis, Alpha Pro Tech (FRA:APL) is currently considered Fairly Valued. The stock's GF Value™ is €4.67, compared to a current price of €4.42 — trading 5.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.84%, which is 52% below median its 10-year median of 7.92 and 25.9% above the Construction industry median of 3.05. Alpha Pro Tech's overall GF Score™ is 72/100 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 Alpha Pro Tech (FRA:APL), the current Return-on-Tangible-Asset is 3.84% 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 Alpha Pro Tech (FRA:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Pro Tech stock appears to be undervalued. The current stock price of €4.42 is trading 5.4% below its estimated GF Value™ of €4.67. GuruFocus considers Alpha Pro Tech to be Fairly Valued.

Key valuation signals for FRA:APL:

  • Return-on-Tangible-Asset: 3.84% (52% below median its 10-year median of 7.92)
  • GF Value™: €4.67 vs. price of €4.42 (5.4% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 25.9% above the Construction median (#670 of 1783)

No single metric tells the full story. See the FRA:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Pro Tech Business Description

Other Exchanges APT:USAAPL:Germany
Address 53 Wellington Street East, Aurora, ON, CAN, L4G 1H6
Alpha Pro Tech Ltd is in the business of protecting people, products, and environments. It is developing, manufacturing, and marketing a line of disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical, and dental markets. It also manufactures a line of building supply construction weatherization products that are sold under the Alpha Pro Tech brand name. The Company operates through two business segments: Building Supply and Disposable Protective Apparel. Key revenue is generated from Building Supply, consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, and synthetic roof underlayment accessories.
72GF Score

Get the complete analysis for FRA:APL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.42
Price
€4.67
GF Value