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Salix Group ABFRA:H18 +2.08%20 Return-on-Tangible-Asset is 9.61% as of Jun. 2026, which is 37% above its 10-year median of 7.02. GuruFocus rates FRA:H18 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 159 Industrial Distribution companies, Salix Group AB ranks better than 50.31% 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. Salix Group AB's annualizedNet Income for the quarter that ended in Jun. 2026 was €22.6 Mil. Salix Group AB's average total tangible assets for the quarter that ended in Jun. 2026 was €235.5 Mil. Therefore, Salix Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.61%.
The historical rank and industry rank for Salix Group AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:H18'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.21 Med: 7.02 Max: 9.03
Current: 4.21
During the past 3 years, Salix Group AB's highest Return-on-Tangible-Asset was 9.03%. The lowest was 4.21%. And the median was 7.02%.
FRA:H18's Return-on-Tangible-Asset is ranked better than 50.31% of 159
companies
in the Industrial Distribution industry
Industry Median: 4.19
vs FRA:H18: 4.21
Salix Group AB (FRA:H18) 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.
Salix Group AB Return-on-Tangible-Asset Related Terms
Salix Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Salix Group AB'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:H18 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Salix Group AB'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.
Salix Group AB Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Salix Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Salix Group AB'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 9.61% mean?
Salix Group AB (FRA:H18) has a Return-on-Tangible-Asset of 9.61% 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 Salix Group AB and its competitors. This is 37% above median its historical median of 7.02. Over the past decade, Salix Group AB's Return-on-Tangible-Asset has ranged from 4.21 to 9.03. According to the industry distribution chart, Salix Group AB ranks #79 out of 159 companies in the Industrial Distribution industry, placing it in the top 49.7%.
Is Salix Group AB's Return-on-Tangible-Asset too high?
Salix Group AB's current Return-on-Tangible-Asset of 9.61% is 37% above median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 9.03. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.19. Salix Group AB's value of 9.61% is 129.4% above this industry median. Based on the distribution chart, Salix Group AB ranks #79 out of 159 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Salix Group AB has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Salix Group AB's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Salix Group AB ranks #79 out of 159 companies for Return-on-Tangible-Asset. This puts Salix Group AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.19. Salix Group AB's value of 9.61% is 129.4% above this benchmark. Historically, Salix Group AB's own Return-on-Tangible-Asset has ranged from 4.21 to 9.03 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 4.19, Salix Group AB 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 4.19, based on 159 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. Salix Group AB's current Return-on-Tangible-Asset of 9.61% is 129.4% 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 Salix Group AB and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salix Group AB's current Return-on-Tangible-Asset is 9.61%, which is 37% above median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salix Group AB stock overvalued right now?
Salix Group AB (FRA:H18) has a current Return-on-Tangible-Asset of 9.61%. The current Return-on-Tangible-Asset is 9.61%, which is 37% above median its 10-year median of 7.02 and 129.4% above the Industrial Distribution industry median of 4.19. Salix Group AB's overall GF Score™ is 20/100 with 3 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 Salix Group AB (FRA:H18), the current Return-on-Tangible-Asset is 9.61% 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.
Salix Group AB is a Nordic trading and distribution platform that offers products in construction and industry, prominently fittings, consumables, input goods and packaging. The company also offers products for home and garden as well as agriculture and forestry. It offers products through its own brands as well as distributed third-party brands. The company's business areas consist of Home & Fittings, Building & Agri Supplies and Building & Packaging Solutions. The majority of revenue is derived from the Construction & Agri Supplies business area offers a wide range of construction-related products, fasteners and technical supplies to professional customers in construction, industry, agriculture and trade. Geographically, the maximum revenue is generated from Sweden.
20GF Score
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