Electrovac AGFRA:EVAC +4.68%25 Return-on-Tangible-Asset is 7.06% as of Mar. 2025, which is 81% above its 10-year median of 3.90. GuruFocus rates FRA:EVAC with a GF Score™ of 25/100. Among 2,505 Hardware companies, Electrovac AG ranks better than 77.09% 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. Electrovac AG's annualizedNet Income for the quarter that ended in Mar. 2025 was €5.18 Mil. Electrovac AG's average total tangible assets for the quarter that ended in Mar. 2025 was €73.38 Mil. Therefore, Electrovac AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 7.06%.
The historical rank and industry rank for Electrovac AG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:EVAC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.75 Med: 3.9 Max: 7.06
Current: 7.06
During the past 4 years, Electrovac AG's highest Return-on-Tangible-Asset was 7.06%. The lowest was 2.75%. And the median was 3.90%.
FRA:EVAC's Return-on-Tangible-Asset is ranked better than 77.09% of 2505
companies
in the Hardware industry
Industry Median: 2.43
vs FRA:EVAC: 7.06
Electrovac AG (FRA:EVAC) 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.
Electrovac AG Return-on-Tangible-Asset Related Terms
Electrovac AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Electrovac AG'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.
Electrovac AG Return-on-Tangible-Asset Chart
Electrovac AG Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
3.12
4.68
2.75
7.06
Electrovac AG Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
3.12
4.68
2.75
7.06
FRA:EVAC vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Electrovac AG'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.
Electrovac AG Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Electrovac AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Electrovac AG'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 one times the annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.06% mean?
Electrovac AG (FRA:EVAC) has a Return-on-Tangible-Asset of 7.06% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Electrovac AG and its competitors. This is 81% above median its historical median of 3.90. Over the past decade, Electrovac AG's Return-on-Tangible-Asset has ranged from 2.75 to 7.06. According to the industry distribution chart, Electrovac AG ranks #574 out of 2505 companies in the Hardware industry, placing it in the top 22.9%.
Is Electrovac AG's Return-on-Tangible-Asset too high?
Electrovac AG's current Return-on-Tangible-Asset of 7.06% is 81% above median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 7.06. The Hardware industry median Return-on-Tangible-Asset is 2.43. Electrovac AG's value of 7.06% is 190.5% above this industry median. Based on the distribution chart, Electrovac AG ranks #574 out of 2505 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Electrovac AG has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Electrovac AG's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Electrovac AG ranks #574 out of 2505 companies for Return-on-Tangible-Asset. This places Electrovac AG in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.43. Electrovac AG's value of 7.06% is 190.5% above this benchmark. Historically, Electrovac AG's own Return-on-Tangible-Asset has ranged from 2.75 to 7.06 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 2.43, Electrovac AG 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,505 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. Electrovac AG's current Return-on-Tangible-Asset of 7.06% is 190.5% 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 Electrovac AG and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrovac AG's current Return-on-Tangible-Asset is 7.06%, which is 81% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrovac AG stock overvalued right now?
Electrovac AG (FRA:EVAC) has a current Return-on-Tangible-Asset of 7.06%. The current Return-on-Tangible-Asset is 7.06%, which is 81% above median its 10-year median of 3.90 and 190.5% above the Hardware industry median of 2.43. Electrovac AG's overall GF Score™ is 25/100. 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 Electrovac AG (FRA:EVAC), the current Return-on-Tangible-Asset is 7.06% as of Mar. 2025. 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.
Electrovac AG is a long-standing world-wide company. It is one of the manufacturers of hermetic packages, glass-to-metal seals, and other specialized components for the reliable and long-term protection of sensitive electronics. In addition to glass-to-metal sealing technology, its core competencies include the production of stamped parts and glass preforms, surface finishing, and the manufacture of contact elements, turned parts, and milled parts.
25GF Score
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