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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. Grand Canyon Education's annualizedNet Income for the quarter that ended in Jun. 2026 was €159.2 Mil. Grand Canyon Education's average total tangible assets for the quarter that ended in Jun. 2026 was €549.7 Mil. Therefore, Grand Canyon Education's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 28.96%.
The historical rank and industry rank for Grand Canyon Education's Return-on-Tangible-Asset or its related term are showing as below:
FRA:GKD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.01 Med: 20.79 Max: 37.39
Current: 33.25
During the past 13 years, Grand Canyon Education's highest Return-on-Tangible-Asset was 37.39%. The lowest was 15.01%. And the median was 20.79%.
FRA:GKD's Return-on-Tangible-Asset is ranked better than 98.1% of 263
companies
in the Education industry
Industry Median: 4.46
vs FRA:GKD: 33.25
Grand Canyon Education (FRA:GKD) 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.
Grand Canyon Education Return-on-Tangible-Asset Related Terms
Grand Canyon Education Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Grand Canyon Education'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.
Grand Canyon Education Return-on-Tangible-Asset Chart
FRA:GKD vs LRN, CVSA, LAUR: Return-on-Tangible-Asset Comparison
For the Education & Training Services subindustry, Grand Canyon Education'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.
Grand Canyon Education Return-on-Tangible-Asset vs Education Industry
For the Education industry and Consumer Defensive sector, Grand Canyon Education's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Grand Canyon Education'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 28.96% mean?
Grand Canyon Education (FRA:GKD) has a Return-on-Tangible-Asset of 28.96% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Grand Canyon Education and its competitors. This is 39% above median its historical median of 20.79. Over the past decade, Grand Canyon Education's Return-on-Tangible-Asset has ranged from 15.01 to 37.39. According to the industry distribution chart, Grand Canyon Education ranks #5 out of 263 companies in the Education industry, placing it in the top 1.9%.
Is Grand Canyon Education's Return-on-Tangible-Asset too high?
Grand Canyon Education's current Return-on-Tangible-Asset of 28.96% is 39% above median its 10-year median of 20.79. Over the past 10 years, this metric has ranged from a low of 15.01 to a high of 37.39. The Education industry median Return-on-Tangible-Asset is 4.46. Grand Canyon Education's value of 28.96% is 549.3% above this industry median. Based on the distribution chart, Grand Canyon Education ranks #5 out of 263 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Canyon Education has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Grand Canyon Education's Return-on-Tangible-Asset compare to LRN and CVSA?
According to the Education industry distribution chart, Grand Canyon Education ranks #5 out of 263 companies for Return-on-Tangible-Asset. This places Grand Canyon Education in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.46. Grand Canyon Education's value of 28.96% is 549.3% above this benchmark. Historically, Grand Canyon Education's own Return-on-Tangible-Asset has ranged from 15.01 to 37.39 over the past decade. While the company's 10-year median is 20.79 vs. the industry median of 4.46, Grand Canyon Education 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 Education company?
The median Return-on-Tangible-Asset among Education companies is 4.46, based on 263 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. Grand Canyon Education's current Return-on-Tangible-Asset of 28.96% is 549.3% 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 Grand Canyon Education and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Canyon Education's current Return-on-Tangible-Asset is 28.96%, which is 39% above median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Canyon Education stock overvalued right now?
Grand Canyon Education (FRA:GKD) has a current Return-on-Tangible-Asset of 28.96%. The stock's GF Value™ is €163.88, compared to a current price of €129.35 — trading 21.1% below its estimated fair value. The current Return-on-Tangible-Asset is 28.96%, which is 39% above median its 10-year median of 20.79 and 549.3% above the Education industry median of 4.46. Grand Canyon Education's overall GF Score™ is 83/100 with 2 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 Grand Canyon Education (FRA:GKD), the current Return-on-Tangible-Asset is 28.96% as of Jun. 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 Grand Canyon Education (FRA:GKD) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Canyon Education stock appears to be undervalued.
The current stock price of €129.35 is trading 21.1% below its estimated GF Value™ of €163.88.
Key valuation signals for FRA:GKD:
Return-on-Tangible-Asset: 28.96% (39% above median its 10-year median of 20.79)
GF Value™: €163.88 vs. price of €129.35 (21.1% below fair value)
Industry Position: 549.3% above the Education median (#5 of 263)
No single metric tells the full story. See the FRA:GKD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Canyon Education Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases, and certificates across nine colleges, both online and on the ground at its campus in Phoenix, Arizona, and at four off-site classroom andlaboratory sites. The Company generates all of its revenue through service agreements with its university partners.
83GF Score
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