Renew HoldingsFRA:LLP -1.89%87 Return-on-Tangible-Asset is 11.44% as of Mar. 2026, which is 10% below its 10-year median of 12.73. GuruFocus rates FRA:LLP with a GF Score™ of 87/100 and a GF Value™ of €11.39. The stock has 1 warning sign investors should review. Among 1,779 Construction companies, Renew Holdings ranks better than 92.86% 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. Renew Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was €42 Mil. Renew Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was €364 Mil. Therefore, Renew Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.44%.
The historical rank and industry rank for Renew Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:LLP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.02 Med: 12.73 Max: 16.92
Current: 13.74
During the past 13 years, Renew Holdings's highest Return-on-Tangible-Asset was 16.92%. The lowest was 4.02%. And the median was 12.73%.
FRA:LLP's Return-on-Tangible-Asset is ranked better than 92.86% of 1779
companies
in the Construction industry
Industry Median: 3.02
vs FRA:LLP: 13.74
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.
Renew Holdings Return-on-Tangible-Asset Related Terms
Renew Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Renew Holdings'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:LLP vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Renew Holdings'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.
Renew Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Renew Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Renew Holdings'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.44% mean?
Renew Holdings (FRA:LLP) has a Return-on-Tangible-Asset of 11.44% 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 Renew Holdings and its competitors. This is 10% below median its historical median of 12.73. Over the past decade, Renew Holdings' Return-on-Tangible-Asset has ranged from 4.02 to 16.92. According to the industry distribution chart, Renew Holdings ranks #127 out of 1779 companies in the Construction industry, placing it in the top 7.1%.
Is Renew Holdings' Return-on-Tangible-Asset too high?
Renew Holdings' current Return-on-Tangible-Asset of 11.44% is 10% below median its 10-year median of 12.73. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 16.92. The Construction industry median Return-on-Tangible-Asset is 3.02. Renew Holdings' value of 11.44% is 278.8% above this industry median. Based on the distribution chart, Renew Holdings ranks #127 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Renew Holdings has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Renew Holdings' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Renew Holdings ranks #127 out of 1779 companies for Return-on-Tangible-Asset. This places Renew Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.02. Renew Holdings' value of 11.44% is 278.8% above this benchmark. Historically, Renew Holdings' own Return-on-Tangible-Asset has ranged from 4.02 to 16.92 over the past decade. While the company's 10-year median is 12.73 vs. the industry median of 3.02, Renew Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.02, based on 1,779 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. Renew Holdings's current Return-on-Tangible-Asset of 11.44% is 278.8% 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 Renew Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renew Holdings's current Return-on-Tangible-Asset is 11.44%, which is 10% below median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renew Holdings stock overvalued right now?
Renew Holdings (FRA:LLP) has a current Return-on-Tangible-Asset of 11.44%. The stock's GF Value™ is €11.39, compared to a current price of €10.40 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Asset is 11.44%, which is 10% below median its 10-year median of 12.73 and 278.8% above the Construction industry median of 3.02. Renew Holdings' overall GF Score™ is 87/100 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 Renew Holdings (FRA:LLP), the current Return-on-Tangible-Asset is 11.44% 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 Renew Holdings (FRA:LLP) Overvalued in 2026?
Based on GuruFocus' analysis, Renew Holdings stock appears to be undervalued.
The current stock price of €10.40 is trading 8.7% below its estimated GF Value™ of €11.39.
Key valuation signals for FRA:LLP:
Return-on-Tangible-Asset: 11.44% (10% below median its 10-year median of 12.73)
GF Value™: €11.39 vs. price of €10.40 (8.7% below fair value)
Industry Position: 278.8% above the Construction median (#127 of 1779)
No single metric tells the full story. See the FRA:LLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activities are operated through a business segment that includes Engineering Services, providing infrastructure maintenance across a range of civil, mechanical, and electrical engineering applications. The service process is predominantly based on long-term framework agreements, serving blue-chip customers in regulated markets. Services are delivered directly by the Group's skilled engineering workforce, supplemented by specialist subcontractors where appropriate. The company operates in the UK and Europe, with the majority of operating revenue generated from the UK.
87GF Score
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