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Emerald HoldingFRA:EM7 55 Return-on-Tangible-Asset is 10.80% as of Mar. 2026. GuruFocus rates FRA:EM7 with a GF Score™ of 55/100 and a GF Value™ of €2.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,029 Media - Diversified companies, Emerald Holding ranks worse than 79.69% 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. Emerald Holding's annualizedNet Income for the quarter that ended in Mar. 2026 was €24.9 Mil. Emerald Holding's average total tangible assets for the quarter that ended in Mar. 2026 was €230.6 Mil. Therefore, Emerald Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.80%.
The historical rank and industry rank for Emerald Holding's Return-on-Tangible-Asset or its related term are showing as below:
FRA:EM7'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -257.2 Med: -6.64 Max: 81.72
Current: -12.95
During the past 12 years, Emerald Holding's highest Return-on-Tangible-Asset was 81.72%. The lowest was -257.20%. And the median was -6.64%.
FRA:EM7's Return-on-Tangible-Asset is ranked worse than 79.69% of 1029
companies
in the Media - Diversified industry
Industry Median: 0.82
vs FRA:EM7: -12.95
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.
Emerald Holding Return-on-Tangible-Asset Related Terms
Emerald Holding Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Emerald Holding'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:EM7 vs CRTO, EVC, QNST: Return-on-Tangible-Asset Comparison
For the Advertising Agencies subindustry, Emerald Holding'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.
Emerald Holding Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emerald Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Emerald Holding'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 10.80% mean?
Emerald Holding (FRA:EM7) has a Return-on-Tangible-Asset of 10.80% 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 Emerald Holding and its competitors. According to the industry distribution chart, Emerald Holding ranks #820 out of 1029 companies in the Media - Diversified industry, placing it in the top 79.7%.
Is Emerald Holding's Return-on-Tangible-Asset too high?
Emerald Holding's current Return-on-Tangible-Asset is 10.80%. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Emerald Holding's value of 10.80% is 1217.1% above this industry median. Based on the distribution chart, Emerald Holding ranks #820 out of 1029 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Emerald Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Holding's Return-on-Tangible-Asset compare to CRTO and EVC?
According to the Media - Diversified industry distribution chart, Emerald Holding ranks #820 out of 1029 companies for Return-on-Tangible-Asset. This places Emerald Holding in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.82. Emerald Holding's value of 10.80% is 1217.1% above this benchmark. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,029 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. Emerald Holding's current Return-on-Tangible-Asset of 10.80% is 1217.1% 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 Emerald Holding and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Holding's current Return-on-Tangible-Asset is 10.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Holding stock overvalued right now?
Based on GuruFocus' analysis, Emerald Holding (FRA:EM7) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €4.38 — trading 97.3% above its estimated fair value. The current Return-on-Tangible-Asset is 10.80% and 1217.1% above the Media - Diversified industry median of 0.82. Emerald Holding's overall GF Score™ is 55/100 with 6 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 Emerald Holding (FRA:EM7), the current Return-on-Tangible-Asset is 10.80% 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 Emerald Holding (FRA:EM7) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Holding stock appears to be overvalued.
The current stock price of €4.38 is trading 97.3% above its estimated GF Value™ of €2.22.
GuruFocus considers Emerald Holding to be Significantly Overvalued.
Key valuation signals for FRA:EM7:
Return-on-Tangible-Asset: 10.80%
GF Value™: €2.22 vs. price of €4.38 (97.3% above fair value)
Industry Position: 1217.1% above the Media - Diversified median (#820 of 1029)
No single metric tells the full story. See the FRA:EM7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Holding Inc is a business-to-business (B2B) event organizer principally in the United States, with operations in the United Kingdom (U.K.), France, and other markets. The company is engaged in three complementary business lines: Connections division consists of a collection of B2B trade show franchises and other live events that provide exhibitors opportunities to engage with buyers and expand their brand's awareness in their industry; the Content division consists of B2B print publications and digital media products that complement existing trade show properties, and the Commerce division provides B2B e-commerce and digital merchandising solutions to manufacturers and retailers. Emerald's key revenue is derived from the Connections business, its only reportable segment.
55GF Score
Get the complete analysis for FRA:EM7
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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