Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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. Destiny Media Technologies's annualizedNet Income for the quarter that ended in May. 2026 was €-0.73 Mil. Destiny Media Technologies's average total tangible assets for the quarter that ended in May. 2026 was €2.16 Mil. Therefore, Destiny Media Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was -33.69%.
The historical rank and industry rank for Destiny Media Technologies's Return-on-Tangible-Asset or its related term are showing as below:
FRA:DME1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -38.31 Med: 7.42 Max: 25.83
Current: -38.31
During the past 13 years, Destiny Media Technologies's highest Return-on-Tangible-Asset was 25.83%. The lowest was -38.31%. And the median was 7.42%.
FRA:DME1's Return-on-Tangible-Asset is ranked worse than 83.37% of 2893
companies
in the Software industry
Industry Median: 2.06
vs FRA:DME1: -38.31
Destiny Media Technologies (FRA:DME1) 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.
Destiny Media Technologies Return-on-Tangible-Asset Related Terms
Destiny Media Technologies 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.
Destiny Media Technologies Return-on-Tangible-Asset Chart
FRA:DME1 vs ONEI, MASK, RMSG: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Destiny Media Technologies'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.
Destiny Media Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Destiny Media Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Destiny Media Technologies'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 -33.69% mean?
Destiny Media Technologies (FRA:DME1) has a Return-on-Tangible-Asset of -33.69% 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 Destiny Media Technologies and its competitors. According to the industry distribution chart, Destiny Media Technologies ranks #2412 out of 2893 companies in the Software industry, placing it in the top 83.4%.
Is Destiny Media Technologies' Return-on-Tangible-Asset too high?
Destiny Media Technologies' current Return-on-Tangible-Asset is -33.69%. Based on the distribution chart, Destiny Media Technologies ranks #2412 out of 2893 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Destiny Media Technologies has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Destiny Media Technologies' Return-on-Tangible-Asset compare to ONEI and MASK?
According to the Software industry distribution chart, Destiny Media Technologies ranks #2412 out of 2893 companies for Return-on-Tangible-Asset. This places Destiny Media Technologies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.06. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,893 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 Destiny Media Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destiny Media Technologies's current Return-on-Tangible-Asset is -33.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destiny Media Technologies stock overvalued right now?
Based on GuruFocus' analysis, Destiny Media Technologies (FRA:DME1) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.11, compared to a current price of €0.15 — trading 36.4% above its estimated fair value. The current Return-on-Tangible-Asset is -33.69%. Destiny Media Technologies' overall GF Score™ is 57/100 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 Destiny Media Technologies (FRA:DME1), the current Return-on-Tangible-Asset is -33.69% 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 Destiny Media Technologies (FRA:DME1) Overvalued in 2026?
Based on GuruFocus' analysis, Destiny Media Technologies stock appears to be overvalued.
The current stock price of €0.15 is trading 36.4% above its estimated GF Value™ of €0.11.
GuruFocus considers Destiny Media Technologies to be Significantly Overvalued.
Key valuation signals for FRA:DME1:
Return-on-Tangible-Asset: -33.69%
GF Value™: €0.11 vs. price of €0.15 (36.4% above fair value)
No single metric tells the full story. See the FRA:DME1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Destiny Media Technologies Inc develops and markets software-as-a-service solutions for the music industry, with its business centered on the Play MPE platform, which distributes broadcast-quality digital content from record labels and artists to music curators and broadcasters. Its services include promotional music distribution, international and local release management, targeted recipient list management, and music-curator playback tools, along with the early-stage MTR airplay tracking service. Revenue is generated mainly from the Play MPE distribution service. The company operates internationally, serving customers across the United States, Canada, Europe, Asia, South America, Africa, and Australia.
57GF Score
Get the complete analysis for FRA:DME1
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:DME1 has been successfully added to your 
