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RS GroupFRA:ECN +1.33%86 Return-on-Tangible-Asset is 8.97% as of Mar. 2026, which is 23% below its 10-year median of 11.71. GuruFocus rates FRA:ECN with a GF Score™ of 86/100 and a GF Value™ of €7.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 158 Industrial Distribution companies, RS Group ranks better than 84.81% 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. RS Group's annualizedNet Income for the quarter that ended in Mar. 2026 was €182 Mil. RS Group's average total tangible assets for the quarter that ended in Mar. 2026 was €2,029 Mil. Therefore, RS Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.97%.
The historical rank and industry rank for RS Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:ECN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.43 Med: 11.71 Max: 17.84
Current: 9.26
During the past 13 years, RS Group's highest Return-on-Tangible-Asset was 17.84%. The lowest was 8.43%. And the median was 11.71%.
FRA:ECN's Return-on-Tangible-Asset is ranked better than 84.81% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.2
vs FRA:ECN: 9.26
RS Group (FRA:ECN) 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.
RS Group Return-on-Tangible-Asset Related Terms
RS Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RS Group'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:ECN vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, RS Group'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.
RS Group Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, RS Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RS Group'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.97% mean?
RS Group (FRA:ECN) has a Return-on-Tangible-Asset of 8.97% 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 RS Group and its competitors. This is 23% below median its historical median of 11.71. Over the past decade, RS Group's Return-on-Tangible-Asset has ranged from 8.43 to 17.84. According to the industry distribution chart, RS Group ranks #24 out of 158 companies in the Industrial Distribution industry, placing it in the top 15.2%.
Is RS Group's Return-on-Tangible-Asset too high?
RS Group's current Return-on-Tangible-Asset of 8.97% is 23% below median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 17.84. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.20. RS Group's value of 8.97% is 113.6% above this industry median. Based on the distribution chart, RS Group ranks #24 out of 158 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, RS Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RS Group's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, RS Group ranks #24 out of 158 companies for Return-on-Tangible-Asset. This places RS Group in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.20. RS Group's value of 8.97% is 113.6% above this benchmark. Historically, RS Group's own Return-on-Tangible-Asset has ranged from 8.43 to 17.84 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 4.20, RS Group 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.20, based on 158 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. RS Group's current Return-on-Tangible-Asset of 8.97% is 113.6% 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 RS Group and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RS Group's current Return-on-Tangible-Asset is 8.97%, which is 23% below median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RS Group stock overvalued right now?
Based on GuruFocus' analysis, RS Group (FRA:ECN) is currently considered Fairly Valued. The stock's GF Value™ is €7.98, compared to a current price of €7.60 — trading 4.8% below its estimated fair value. The current Return-on-Tangible-Asset is 8.97%, which is 23% below median its 10-year median of 11.71 and 113.6% above the Industrial Distribution industry median of 4.20. RS Group's overall GF Score™ is 86/100 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 RS Group (FRA:ECN), the current Return-on-Tangible-Asset is 8.97% 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 RS Group (FRA:ECN) Overvalued in 2026?
Based on GuruFocus' analysis, RS Group stock appears to be undervalued.
The current stock price of €7.60 is trading 4.8% below its estimated GF Value™ of €7.98.
GuruFocus considers RS Group to be Fairly Valued.
Key valuation signals for FRA:ECN:
Return-on-Tangible-Asset: 8.97% (23% below median its 10-year median of 11.71)
GF Value™: €7.98 vs. price of €7.60 (4.8% below fair value)
Industry Position: 113.6% above the Industrial Distribution median (#24 of 158)
No single metric tells the full story. See the FRA:ECN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RS Group PLC distributes industrial products and provides product and service solutions for maintenance, repair, and operations (MRO) activities. Its product portfolio includes a broad range of industrial products supplied to customers involved in industrial design, manufacturing, and maintenance. The company's operating segments include EMEA, Americas, and Asia Pacific. The majority of revenue is derived from the EMEA segment.
86GF Score
Get the complete analysis for FRA:ECN
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