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Launch Tech CoFRA:LAN +0.67%76 Return-on-Tangible-Asset is 15.18% as of Dec. 2025, which is 161% above its 10-year median of 5.81. GuruFocus rates FRA:LAN with a GF Score™ of 76/100 and a GF Value™ of €0.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,333 Vehicles & Parts companies, Launch Tech Co ranks better than 97.37% 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. Launch Tech Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €36.3 Mil. Launch Tech Co's average total tangible assets for the quarter that ended in Dec. 2025 was €238.9 Mil. Therefore, Launch Tech Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 15.18%.
The historical rank and industry rank for Launch Tech Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:LAN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.64 Med: 5.81 Max: 19.13
Current: 18.13
During the past 13 years, Launch Tech Co's highest Return-on-Tangible-Asset was 19.13%. The lowest was -9.64%. And the median was 5.81%.
FRA:LAN's Return-on-Tangible-Asset is ranked better than 97.37% of 1333
companies
in the Vehicles & Parts industry
Industry Median: 3.13
vs FRA:LAN: 18.13
Launch Tech Co (FRA:LAN) 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.
Launch Tech Co Return-on-Tangible-Asset Related Terms
Launch Tech Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Launch Tech Co'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:LAN vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Launch Tech Co'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.
Launch Tech Co Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Launch Tech Co'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 15.18% mean?
Launch Tech Co (FRA:LAN) has a Return-on-Tangible-Asset of 15.18% 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 Launch Tech Co and its competitors. This is 161% above median its historical median of 5.81. According to the industry distribution chart, Launch Tech Co ranks #35 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 2.6%.
Is Launch Tech Co's Return-on-Tangible-Asset too high?
Launch Tech Co's current Return-on-Tangible-Asset of 15.18% is 161% above median its 10-year median of 5.81. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Launch Tech Co's value of 15.18% is 385% above this industry median. Based on the distribution chart, Launch Tech Co ranks #35 out of 1333 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Launch Tech Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Launch Tech Co ranks #35 out of 1333 companies for Return-on-Tangible-Asset. This places Launch Tech Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. Launch Tech Co's value of 15.18% is 385% above this benchmark. While the company's 10-year median is 5.81 vs. the industry median of 3.13, Launch Tech Co 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,333 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. Launch Tech Co's current Return-on-Tangible-Asset of 15.18% is 385% 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 Launch Tech Co and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Launch Tech Co's current Return-on-Tangible-Asset is 15.18%, which is 161% above median its own 10-year median of 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Launch Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Launch Tech Co (FRA:LAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.70, compared to a current price of €0.75 — trading 7.1% above its estimated fair value. The current Return-on-Tangible-Asset is 15.18%, which is 161% above median its 10-year median of 5.81 and 385% above the Vehicles & Parts industry median of 3.13. Launch Tech Co's overall GF Score™ is 76/100 with 2 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 Launch Tech Co (FRA:LAN), the current Return-on-Tangible-Asset is 15.18% 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 Launch Tech Co (FRA:LAN) Overvalued in 2026?
Based on GuruFocus' analysis, Launch Tech Co stock appears to be overvalued.
The current stock price of €0.75 is trading 7.1% above its estimated GF Value™ of €0.70.
GuruFocus considers Launch Tech Co to be Fairly Valued.
Key valuation signals for FRA:LAN:
Return-on-Tangible-Asset: 15.18% (161% above median its 10-year median of 5.81)
GF Value™: €0.70 vs. price of €0.75 (7.1% above fair value)
Industry Position: 385% above the Vehicles & Parts median (#35 of 1333)
No single metric tells the full story. See the FRA:LAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The Company has three reporting segments: i) Automotive diagnosis segment, ii) Europe Overseas Sales segment, and iii) U.S. overseas sales segment. The automotive diagnosis segment covers research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas. The majority of revenue is derived from the Automotive diagnosis segment.
76GF Score
Get the complete analysis for FRA:LAN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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