Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Orzel BialyFRA:I77 79 Return-on-Tangible-Asset is 5.15% as of Mar. 2026, which is 51% below its 10-year median of 10.50. GuruFocus rates FRA:I77 with a GF Score™ of 79/100 and a GF Value™ of €6.13. The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Orzel Bialy ranks better than 76.02% 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. Orzel Bialy's annualizedNet Income for the quarter that ended in Mar. 2026 was €10.2 Mil. Orzel Bialy's average total tangible assets for the quarter that ended in Mar. 2026 was €198.6 Mil. Therefore, Orzel Bialy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.15%.
The historical rank and industry rank for Orzel Bialy's Return-on-Tangible-Asset or its related term are showing as below:
FRA:I77'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.21 Med: 10.5 Max: 18.72
Current: 6.89
During the past 13 years, Orzel Bialy's highest Return-on-Tangible-Asset was 18.72%. The lowest was -1.21%. And the median was 10.50%.
FRA:I77's Return-on-Tangible-Asset is ranked better than 76.02% of 246
companies
in the Waste Management industry
Industry Median: 2.275
vs FRA:I77: 6.89
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.
Orzel Bialy Return-on-Tangible-Asset Related Terms
Orzel Bialy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Orzel Bialy'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:I77 vs WM, RSG, WCN: Return-on-Tangible-Asset Comparison
For the Waste Management subindustry, Orzel Bialy'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.
Orzel Bialy Return-on-Tangible-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Orzel Bialy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Orzel Bialy'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 5.15% mean?
Orzel Bialy (FRA:I77) has a Return-on-Tangible-Asset of 5.15% 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 Orzel Bialy and its competitors. This is 51% below median its historical median of 10.50. According to the industry distribution chart, Orzel Bialy ranks #59 out of 246 companies in the Waste Management industry, placing it in the top 24%.
Is Orzel Bialy's Return-on-Tangible-Asset too high?
Orzel Bialy's current Return-on-Tangible-Asset of 5.15% is 51% below median its 10-year median of 10.50. The Waste Management industry median Return-on-Tangible-Asset is 2.28. Orzel Bialy's value of 5.15% is 126.4% above this industry median. Based on the distribution chart, Orzel Bialy ranks #59 out of 246 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Orzel Bialy has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Orzel Bialy's Return-on-Tangible-Asset compare to WM and RSG?
According to the Waste Management industry distribution chart, Orzel Bialy ranks #59 out of 246 companies for Return-on-Tangible-Asset. This places Orzel Bialy in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.28. Orzel Bialy's value of 5.15% is 126.4% above this benchmark. While the company's 10-year median is 10.50 vs. the industry median of 2.28, Orzel Bialy 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 Waste Management company?
The median Return-on-Tangible-Asset among Waste Management companies is 2.28, based on 246 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. Orzel Bialy's current Return-on-Tangible-Asset of 5.15% is 126.4% 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 Orzel Bialy and its competitors. For the Waste Management industry, the median Return-on-Tangible-Asset is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orzel Bialy's current Return-on-Tangible-Asset is 5.15%, which is 51% below median its own 10-year median of 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orzel Bialy stock overvalued right now?
Orzel Bialy (FRA:I77) has a current Return-on-Tangible-Asset of 5.15%. The stock's GF Value™ is €6.13, compared to a current price of €8.90 — trading 45.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.15%, which is 51% below median its 10-year median of 10.50 and 126.4% above the Waste Management industry median of 2.28. Orzel Bialy's overall GF Score™ is 79/100 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 Orzel Bialy (FRA:I77), the current Return-on-Tangible-Asset is 5.15% 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 Orzel Bialy (FRA:I77) Overvalued in 2026?
Based on GuruFocus' analysis, Orzel Bialy stock appears to be overvalued.
The current stock price of €8.90 is trading 45.2% above its estimated GF Value™ of €6.13.
Key valuation signals for FRA:I77:
Return-on-Tangible-Asset: 5.15% (51% below median its 10-year median of 10.50)
GF Value™: €6.13 vs. price of €8.90 (45.2% above fair value)
Industry Position: 126.4% above the Waste Management median (#59 of 246)
No single metric tells the full story. See the FRA:I77 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orzel Bialy SA is a Poland based company engaged in recycling of used batteries. The company delivers its products to battery making companies, with batteries and accumulators supplied mainly to the automotive industry.
79GF Score
Get the complete analysis for FRA:I77
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:I77 has been successfully added to your 
