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IGGFRA:I91 -0.54%48 Return-on-Tangible-Asset is 11.67% as of Dec. 2025, which is 50% below its 10-year median of 23.26. GuruFocus rates FRA:I91 with a GF Score™ of 48/100 and a GF Value™ of €0.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 567 Interactive Media companies, IGG ranks better than 81.31% 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. IGG's annualizedNet Income for the quarter that ended in Dec. 2025 was €56.8 Mil. IGG's average total tangible assets for the quarter that ended in Dec. 2025 was €487.3 Mil. Therefore, IGG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.67%.
The historical rank and industry rank for IGG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:I91'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.26 Med: 23.26 Max: 55.9
Current: 13.33
During the past 13 years, IGG's highest Return-on-Tangible-Asset was 55.90%. The lowest was -13.26%. And the median was 23.26%.
FRA:I91's Return-on-Tangible-Asset is ranked better than 81.31% of 567
companies
in the Interactive Media industry
Industry Median: 0.69
vs FRA:I91: 13.33
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.
IGG Return-on-Tangible-Asset Related Terms
IGG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IGG'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:I91 vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, IGG'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.
IGG Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, IGG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IGG'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.67% mean?
IGG (FRA:I91) has a Return-on-Tangible-Asset of 11.67% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IGG and its competitors. This is 50% below median its historical median of 23.26. According to the industry distribution chart, IGG ranks #106 out of 567 companies in the Interactive Media industry, placing it in the top 18.7%.
Is IGG's Return-on-Tangible-Asset too high?
IGG's current Return-on-Tangible-Asset of 11.67% is 50% below median its 10-year median of 23.26. The Interactive Media industry median Return-on-Tangible-Asset is 0.69. IGG's value of 11.67% is 1591.3% above this industry median. Based on the distribution chart, IGG ranks #106 out of 567 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, IGG has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IGG's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, IGG ranks #106 out of 567 companies for Return-on-Tangible-Asset. This places IGG in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.69. IGG's value of 11.67% is 1591.3% above this benchmark. While the company's 10-year median is 23.26 vs. the industry median of 0.69, IGG 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 Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.69, based on 567 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. IGG's current Return-on-Tangible-Asset of 11.67% is 1591.3% 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 IGG and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGG's current Return-on-Tangible-Asset is 11.67%, which is 50% below median its own 10-year median of 23.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGG stock overvalued right now?
Based on GuruFocus' analysis, IGG (FRA:I91) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.44, compared to a current price of €0.37 — trading 16.4% below its estimated fair value. The current Return-on-Tangible-Asset is 11.67%, which is 50% below median its 10-year median of 23.26 and 1591.3% above the Interactive Media industry median of 0.69. IGG's overall GF Score™ is 48/100 with 1 warning sign 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 IGG (FRA:I91), the current Return-on-Tangible-Asset is 11.67% as of Dec. 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.
Is IGG (FRA:I91) Overvalued in 2026?
Based on GuruFocus' analysis, IGG stock appears to be undervalued.
The current stock price of €0.37 is trading 16.4% below its estimated GF Value™ of €0.44.
GuruFocus considers IGG to be Modestly Undervalued.
Key valuation signals for FRA:I91:
Return-on-Tangible-Asset: 11.67% (50% below median its 10-year median of 23.26)
GF Value™: €0.44 vs. price of €0.37 (16.4% below fair value)
Industry Position: 1591.3% above the Interactive Media median (#106 of 567)
No single metric tells the full story. See the FRA:I91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGG Inc develops, markets, and publishes mobile online games. Alongwith Singapore, the company also operates in the United States, China, Canada, Japan, Korea, Thailand, Philippines, and other regions. The company offers free-to-play mobile, browser, and client-based online games. The company operates through its mobile games and applications, which comprises of the company's overall revenue. Some of its notable games include Lords Mobile, Doomsday, Viking Rise, Fate War, and others. Majority of its revenue is derived from Asia.
48GF Score
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