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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. Ibersol SGPS's annualizedNet Income for the quarter that ended in Mar. 2026 was €-10.2 Mil. Ibersol SGPS's average total tangible assets for the quarter that ended in Mar. 2026 was €581.6 Mil. Therefore, Ibersol SGPS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.75%.
The historical rank and industry rank for Ibersol SGPS's Return-on-Tangible-Asset or its related term are showing as below:
FRA:L34'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.73 Med: 4.59 Max: 29.37
Current: 2.69
During the past 13 years, Ibersol SGPS's highest Return-on-Tangible-Asset was 29.37%. The lowest was -8.73%. And the median was 4.59%.
FRA:L34's Return-on-Tangible-Asset is ranked better than 51.37% of 364
companies
in the Restaurants industry
Industry Median: 2.36
vs FRA:L34: 2.69
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.
Ibersol SGPS Return-on-Tangible-Asset Related Terms
Ibersol SGPS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ibersol SGPS'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:L34 vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Ibersol SGPS'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.
Ibersol SGPS Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Ibersol SGPS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ibersol SGPS'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 -1.75% mean?
Ibersol SGPS (FRA:L34) has a Return-on-Tangible-Asset of -1.75% 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 Ibersol SGPS and its competitors. According to the industry distribution chart, Ibersol SGPS ranks #177 out of 364 companies in the Restaurants industry, placing it in the top 48.6%.
Is Ibersol SGPS's Return-on-Tangible-Asset too high?
Ibersol SGPS's current Return-on-Tangible-Asset is -1.75%. Based on the distribution chart, Ibersol SGPS ranks #177 out of 364 companies in the Restaurants industry, which is above the industry midpoint. Overall, Ibersol SGPS has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ibersol SGPS's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Ibersol SGPS ranks #177 out of 364 companies for Return-on-Tangible-Asset. This puts Ibersol SGPS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.36. 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.36, based on 364 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. 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 Ibersol SGPS and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ibersol SGPS's current Return-on-Tangible-Asset is -1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ibersol SGPS stock overvalued right now?
Based on GuruFocus' analysis, Ibersol SGPS (FRA:L34) is currently considered Fairly Valued. The stock's GF Value™ is €9.38, compared to a current price of €9.17 — trading 2.2% below its estimated fair value. The current Return-on-Tangible-Asset is -1.75%. Ibersol SGPS's overall GF Score™ is 82/100 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 Ibersol SGPS (FRA:L34), the current Return-on-Tangible-Asset is -1.75% 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 Ibersol SGPS (FRA:L34) Overvalued in 2026?
Based on GuruFocus' analysis, Ibersol SGPS stock appears to be undervalued.
The current stock price of €9.17 is trading 2.2% below its estimated GF Value™ of €9.38.
GuruFocus considers Ibersol SGPS to be Fairly Valued.
Key valuation signals for FRA:L34:
Return-on-Tangible-Asset: -1.75%
GF Value™: €9.38 vs. price of €9.17 (2.2% below fair value)
No single metric tells the full story. See the FRA:L34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group. It derives maximum revenue from Concession segment.
82GF Score
Get the complete analysis for FRA:L34
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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