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Innovative Solutions and SupportFRA:IOE +1.63%76 Return-on-Tangible-Asset is 17.74% as of Mar. 2026, which is 33% above its 10-year median of 13.31. GuruFocus rates FRA:IOE with a GF Score™ of 76/100 and a GF Value™ of €15.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 359 Aerospace & Defense companies, Innovative Solutions and Support ranks better than 96.94% on this metric.
The historical rank and industry rank for Innovative Solutions and Support's Return-on-Tangible-Asset or its related term are showing as below:
FRA:IOE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.31 Med: 13.31 Max: 25.36
Current: 24.47
During the past 13 years, Innovative Solutions and Support's highest Return-on-Tangible-Asset was 25.36%. The lowest was -9.31%. And the median was 13.31%.
FRA:IOE's Return-on-Tangible-Asset is ranked better than 96.94% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs FRA:IOE: 24.47
Innovative Solutions and Support (FRA:IOE) 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.
Innovative Solutions and Support Return-on-Tangible-Asset Related Terms
Innovative Solutions and Support Return-on-Tangible-Asset Historical Data
* 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.
Innovative Solutions and Support Return-on-Tangible-Asset Chart
FRA:IOE vs SPCE, BUKS, POWW: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Innovative Solutions and Support'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.
Innovative Solutions and Support Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Innovative Solutions and Support's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Innovative Solutions and Support'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 17.74% mean?
Innovative Solutions and Support (FRA:IOE) has a Return-on-Tangible-Asset of 17.74% 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 Innovative Solutions and Support and its competitors. This is 33% above median its historical median of 13.31. According to the industry distribution chart, Innovative Solutions and Support ranks #11 out of 359 companies in the Aerospace & Defense industry, placing it in the top 3.1%.
Is Innovative Solutions and Support's Return-on-Tangible-Asset too high?
Innovative Solutions and Support's current Return-on-Tangible-Asset of 17.74% is 33% above median its 10-year median of 13.31. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. Innovative Solutions and Support's value of 17.74% is 481.6% above this industry median. Based on the distribution chart, Innovative Solutions and Support ranks #11 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Solutions and Support has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Solutions and Support's Return-on-Tangible-Asset compare to SPCE and BUKS?
According to the Aerospace & Defense industry distribution chart, Innovative Solutions and Support ranks #11 out of 359 companies for Return-on-Tangible-Asset. This places Innovative Solutions and Support in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Innovative Solutions and Support's value of 17.74% is 481.6% above this benchmark. While the company's 10-year median is 13.31 vs. the industry median of 3.05, Innovative Solutions and Support 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. Innovative Solutions and Support's current Return-on-Tangible-Asset of 17.74% is 481.6% 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 Innovative Solutions and Support and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Solutions and Support's current Return-on-Tangible-Asset is 17.74%, which is 33% above median its own 10-year median of 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Solutions and Support stock overvalued right now?
Based on GuruFocus' analysis, Innovative Solutions and Support (FRA:IOE) is currently considered Fairly Valued. The stock's GF Value™ is €15.14, compared to a current price of €16.22 — trading 7.1% above its estimated fair value. The current Return-on-Tangible-Asset is 17.74%, which is 33% above median its 10-year median of 13.31 and 481.6% above the Aerospace & Defense industry median of 3.05. Innovative Solutions and Support's overall GF Score™ is 76/100 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 Innovative Solutions and Support (FRA:IOE), the current Return-on-Tangible-Asset is 17.74% 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 Innovative Solutions and Support (FRA:IOE) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Solutions and Support stock appears to be overvalued.
The current stock price of €16.22 is trading 7.1% above its estimated GF Value™ of €15.14.
GuruFocus considers Innovative Solutions and Support to be Fairly Valued.
Key valuation signals for FRA:IOE:
Return-on-Tangible-Asset: 17.74% (33% above median its 10-year median of 13.31)
GF Value™: €15.14 vs. price of €16.22 (7.1% above fair value)
Industry Position: 481.6% above the Aerospace & Defense median (#11 of 359)
No single metric tells the full story. See the FRA:IOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Solutions and Support Business Description
Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.
76GF Score
Get the complete analysis for FRA:IOE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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