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NETSOL TechnologiesFRA:NS9B 69 Return-on-Tangible-Asset is 9.10% as of Mar. 2026, which is 387% above its 10-year median of 1.87. GuruFocus rates FRA:NS9B with a GF Score™ of 69/100 and a GF Value™ of €2.62. The stock has 5 warning signs investors should review. Among 2,895 Software companies, NETSOL Technologies ranks better than 54.16% 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. NETSOL Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was €4.50 Mil. NETSOL Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was €49.43 Mil. Therefore, NETSOL Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.10%.
The historical rank and industry rank for NETSOL Technologies's Return-on-Tangible-Asset or its related term are showing as below:
FRA:NS9B'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.48 Med: 1.87 Max: 11.55
Current: 3.27
During the past 13 years, NETSOL Technologies's highest Return-on-Tangible-Asset was 11.55%. The lowest was -9.48%. And the median was 1.87%.
FRA:NS9B's Return-on-Tangible-Asset is ranked better than 54.16% of 2895
companies
in the Software industry
Industry Median: 2.2
vs FRA:NS9B: 3.27
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.
NETSOL Technologies Return-on-Tangible-Asset Related Terms
NETSOL Technologies Return-on-Tangible-Asset Historical Data
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The historical data trend for NETSOL Technologies'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:NS9B vs ATHR, NXTT, INVU: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, NETSOL Technologies'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.
NETSOL Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, NETSOL Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where NETSOL Technologies'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 9.10% mean?
NETSOL Technologies (FRA:NS9B) has a Return-on-Tangible-Asset of 9.10% 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 NETSOL Technologies and its competitors. This is 387% above median its historical median of 1.87. According to the industry distribution chart, NETSOL Technologies ranks #1327 out of 2895 companies in the Software industry, placing it in the top 45.8%.
Is NETSOL Technologies' Return-on-Tangible-Asset too high?
NETSOL Technologies' current Return-on-Tangible-Asset of 9.10% is 387% above median its 10-year median of 1.87. The Software industry median Return-on-Tangible-Asset is 2.20. NETSOL Technologies' value of 9.10% is 313.6% above this industry median. Based on the distribution chart, NETSOL Technologies ranks #1327 out of 2895 companies in the Software industry, which is above the industry midpoint. Overall, NETSOL Technologies has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does NETSOL Technologies' Return-on-Tangible-Asset compare to ATHR and NXTT?
According to the Software industry distribution chart, NETSOL Technologies ranks #1327 out of 2895 companies for Return-on-Tangible-Asset. This puts NETSOL Technologies in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.20. NETSOL Technologies' value of 9.10% is 313.6% above this benchmark. While the company's 10-year median is 1.87 vs. the industry median of 2.20, NETSOL Technologies 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.20, based on 2,895 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. NETSOL Technologies's current Return-on-Tangible-Asset of 9.10% is 313.6% 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 NETSOL Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NETSOL Technologies's current Return-on-Tangible-Asset is 9.10%, which is 387% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NETSOL Technologies stock overvalued right now?
NETSOL Technologies (FRA:NS9B) has a current Return-on-Tangible-Asset of 9.10%. The stock's GF Value™ is €2.62, compared to a current price of €3.42 — trading 30.5% above its estimated fair value. The current Return-on-Tangible-Asset is 9.10%, which is 387% above median its 10-year median of 1.87 and 313.6% above the Software industry median of 2.20. NETSOL Technologies' overall GF Score™ is 69/100 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 NETSOL Technologies (FRA:NS9B), the current Return-on-Tangible-Asset is 9.10% 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 NETSOL Technologies (FRA:NS9B) Overvalued in 2026?
Based on GuruFocus' analysis, NETSOL Technologies stock appears to be overvalued.
The current stock price of €3.42 is trading 30.5% above its estimated GF Value™ of €2.62.
Key valuation signals for FRA:NS9B:
Return-on-Tangible-Asset: 9.10% (387% above median its 10-year median of 1.87)
GF Value™: €2.62 vs. price of €3.42 (30.5% above fair value)
Industry Position: 313.6% above the Software median (#1327 of 2895)
No single metric tells the full story. See the FRA:NS9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NETSOL Technologies Inc is an information technology and enterprise software solutions provider to original equipment manufacturers (OEMs), dealerships, and financial institutions to sell, finance, and lease assets. The firm's products include Transcend Retail, Transcend Finance, Transcend Marketplace, Transcend Consultancy, and Transcend AI Labs, catering to its customers in the different stages of how assets are sold, financed, and leased. Its primary sources of revenue are licensing, subscriptions, modification, enhancement, and support of its suite of financial applications offered to businesses in the finance and leasing space, as well as automotive digital retail. The company has three reportable segments: Asia-Pacific, its key revenue-generating market, North America, and Europe.
69GF Score
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