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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. Perennial Energy Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €-48.7 Mil. Perennial Energy Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €557.2 Mil. Therefore, Perennial Energy Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -8.74%.
The historical rank and industry rank for Perennial Energy Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:PEZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.33 Med: 11.12 Max: 19.5
Current: -4.28
During the past 11 years, Perennial Energy Holdings's highest Return-on-Tangible-Asset was 19.50%. The lowest was -4.33%. And the median was 11.12%.
FRA:PEZ's Return-on-Tangible-Asset is ranked worse than 85.35% of 635
companies
in the Steel industry
Industry Median: 2.04
vs FRA:PEZ: -4.28
Perennial Energy Holdings (FRA:PEZ) 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.
Perennial Energy Holdings Return-on-Tangible-Asset Related Terms
Perennial Energy Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Perennial Energy 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.
Perennial Energy Holdings Return-on-Tangible-Asset Chart
FRA:PEZ vs HCC, AMR, SXC: Return-on-Tangible-Asset Comparison
For the Coking Coal subindustry, Perennial Energy 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.
Perennial Energy Holdings Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Perennial Energy Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Perennial Energy 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -8.74% mean?
Perennial Energy Holdings (FRA:PEZ) has a Return-on-Tangible-Asset of -8.74% 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 Perennial Energy Holdings and its competitors. According to the industry distribution chart, Perennial Energy Holdings ranks #542 out of 635 companies in the Steel industry, placing it in the top 85.4%.
Is Perennial Energy Holdings' Return-on-Tangible-Asset too high?
Perennial Energy Holdings' current Return-on-Tangible-Asset is -8.74%. Based on the distribution chart, Perennial Energy Holdings ranks #542 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Perennial Energy Holdings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Perennial Energy Holdings' Return-on-Tangible-Asset compare to HCC and AMR?
According to the Steel industry distribution chart, Perennial Energy Holdings ranks #542 out of 635 companies for Return-on-Tangible-Asset. This places Perennial Energy Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.04, based on 635 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 Perennial Energy Holdings and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perennial Energy Holdings's current Return-on-Tangible-Asset is -8.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perennial Energy Holdings stock overvalued right now?
Perennial Energy Holdings (FRA:PEZ) has a current Return-on-Tangible-Asset of -8.74%. The stock's GF Value™ is €0.07, compared to a current price of €0.09 — trading 23.6% above its estimated fair value. The current Return-on-Tangible-Asset is -8.74%. Perennial Energy Holdings' overall GF Score™ is 47/100 with 7 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 Perennial Energy Holdings (FRA:PEZ), the current Return-on-Tangible-Asset is -8.74% 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 Perennial Energy Holdings (FRA:PEZ) Overvalued in 2026?
Based on GuruFocus' analysis, Perennial Energy Holdings stock appears to be overvalued.
The current stock price of €0.09 is trading 23.6% above its estimated GF Value™ of €0.07.
Key valuation signals for FRA:PEZ:
Return-on-Tangible-Asset: -8.74%
GF Value™: €0.07 vs. price of €0.09 (23.6% above fair value)
No single metric tells the full story. See the FRA:PEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perennial Energy Holdings Ltd is a coal mining company. Along with its subsidiaries, it is principally engaged in the exploration and mining of coking coal and coal refinery in the People's Republic of China. It operates three underground coal mines, namely, Hongguo Coal Mine, Baogushan Coal Mine, and Xiejiahegou Coal Mine. The company earns revenue from the sale of Clean coking coal, which accounts for the majority of the revenue, Raw coal, Middling coal, Sludge coal, and sales of coalbed methane gas.
47GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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