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Bellsystem24 HoldingsFRA:B24 +0.69%73 Return-on-Tangible-Asset is 12.54% as of May. 2026, which is 11% above its 10-year median of 11.28. GuruFocus rates FRA:B24 with a GF Score™ of 73/100 and a GF Value™ of €7.41. The stock has 4 warning signs investors should review. Among 1,093 Business Services companies, Bellsystem24 Holdings ranks better than 80.79% 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. Bellsystem24 Holdings's annualizedNet Income for the quarter that ended in May. 2026 was €49.1 Mil. Bellsystem24 Holdings's average total tangible assets for the quarter that ended in May. 2026 was €391.7 Mil. Therefore, Bellsystem24 Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 12.54%.
The historical rank and industry rank for Bellsystem24 Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:B24'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.7 Med: 11.28 Max: 14.14
Current: 11.53
During the past 13 years, Bellsystem24 Holdings's highest Return-on-Tangible-Asset was 14.14%. The lowest was 9.70%. And the median was 11.28%.
FRA:B24's Return-on-Tangible-Asset is ranked better than 80.79% of 1093
companies
in the Business Services industry
Industry Median: 3.98
vs FRA:B24: 11.53
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.
Bellsystem24 Holdings Return-on-Tangible-Asset Related Terms
Bellsystem24 Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bellsystem24 Holdings'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:B24 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Bellsystem24 Holdings'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.
Bellsystem24 Holdings Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Bellsystem24 Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bellsystem24 Holdings'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 (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.54% mean?
Bellsystem24 Holdings (FRA:B24) has a Return-on-Tangible-Asset of 12.54% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bellsystem24 Holdings and its competitors. This is 11% above median its historical median of 11.28. Over the past decade, Bellsystem24 Holdings' Return-on-Tangible-Asset has ranged from 9.70 to 14.14. According to the industry distribution chart, Bellsystem24 Holdings ranks #210 out of 1093 companies in the Business Services industry, placing it in the top 19.2%.
Is Bellsystem24 Holdings' Return-on-Tangible-Asset too high?
Bellsystem24 Holdings' current Return-on-Tangible-Asset of 12.54% is 11% above median its 10-year median of 11.28. Over the past 10 years, this metric has ranged from a low of 9.70 to a high of 14.14. The Business Services industry median Return-on-Tangible-Asset is 3.98. Bellsystem24 Holdings' value of 12.54% is 215.1% above this industry median. Based on the distribution chart, Bellsystem24 Holdings ranks #210 out of 1093 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bellsystem24 Holdings has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Bellsystem24 Holdings' Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bellsystem24 Holdings ranks #210 out of 1093 companies for Return-on-Tangible-Asset. This places Bellsystem24 Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.98. Bellsystem24 Holdings' value of 12.54% is 215.1% above this benchmark. Historically, Bellsystem24 Holdings' own Return-on-Tangible-Asset has ranged from 9.70 to 14.14 over the past decade. While the company's 10-year median is 11.28 vs. the industry median of 3.98, Bellsystem24 Holdings 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,093 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. Bellsystem24 Holdings's current Return-on-Tangible-Asset of 12.54% is 215.1% 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 Bellsystem24 Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellsystem24 Holdings's current Return-on-Tangible-Asset is 12.54%, which is 11% above median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellsystem24 Holdings stock overvalued right now?
Bellsystem24 Holdings (FRA:B24) has a current Return-on-Tangible-Asset of 12.54%. The stock's GF Value™ is €7.41, compared to a current price of €7.25 — trading 2.2% below its estimated fair value. The current Return-on-Tangible-Asset is 12.54%, which is 11% above median its 10-year median of 11.28 and 215.1% above the Business Services industry median of 3.98. Bellsystem24 Holdings' overall GF Score™ is 73/100 with 4 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 Bellsystem24 Holdings (FRA:B24), the current Return-on-Tangible-Asset is 12.54% as of May. 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 Bellsystem24 Holdings (FRA:B24) Overvalued in 2026?
Based on GuruFocus' analysis, Bellsystem24 Holdings stock appears to be undervalued.
The current stock price of €7.25 is trading 2.2% below its estimated GF Value™ of €7.41.
Key valuation signals for FRA:B24:
Return-on-Tangible-Asset: 12.54% (11% above median its 10-year median of 11.28)
GF Value™: €7.41 vs. price of €7.25 (2.2% below fair value)
Industry Position: 215.1% above the Business Services median (#210 of 1093)
No single metric tells the full story. See the FRA:B24 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellsystem24 Holdings Inc is a holding company engaged in the business of contact center services. The company through its subsidiaries involves in various businesses which includes formulating group strategies, control group companies and distribute group's management resources. It also operates as a specialized research organization (SRO) that supports the development of pharmaceutical products and medical equipment.
73GF Score
Get the complete analysis for FRA:B24
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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