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Power IntegrationsFRA:PWI -0.94%86 Return-on-Tangible-Asset is 1.99% as of Mar. 2026, which is 82% below its 10-year median of 10.97. GuruFocus rates FRA:PWI with a GF Score™ of 86/100 and a GF Value™ of €57.40 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,028 Semiconductors companies, Power Integrations ranks worse than 51.46% 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. Power Integrations's annualizedNet Income for the quarter that ended in Mar. 2026 was €11.4 Mil. Power Integrations's average total tangible assets for the quarter that ended in Mar. 2026 was €575.0 Mil. Therefore, Power Integrations's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.99%.
The historical rank and industry rank for Power Integrations's Return-on-Tangible-Asset or its related term are showing as below:
FRA:PWI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.43 Med: 10.97 Max: 33.05
Current: 2.43
During the past 13 years, Power Integrations's highest Return-on-Tangible-Asset was 33.05%. The lowest was 2.43%. And the median was 10.97%.
FRA:PWI's Return-on-Tangible-Asset is ranked worse than 51.46% of 1028
companies
in the Semiconductors industry
Industry Median: 2.705
vs FRA:PWI: 2.43
Power Integrations (FRA:PWI) 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.
Power Integrations Return-on-Tangible-Asset Related Terms
Power Integrations Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Power Integrations'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:PWI vs PI, LASR, DIOD: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Power Integrations'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.
Power Integrations Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Power Integrations's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Power Integrations'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 1.99% mean?
Power Integrations (FRA:PWI) has a Return-on-Tangible-Asset of 1.99% 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 Power Integrations and its competitors. This is 82% below median its historical median of 10.97. Over the past decade, Power Integrations' Return-on-Tangible-Asset has ranged from 2.43 to 33.05. According to the industry distribution chart, Power Integrations ranks #529 out of 1028 companies in the Semiconductors industry, placing it in the top 51.5%.
Is Power Integrations' Return-on-Tangible-Asset too high?
Power Integrations' current Return-on-Tangible-Asset of 1.99% is 82% below median its 10-year median of 10.97. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 33.05. The Semiconductors industry median Return-on-Tangible-Asset is 2.71. Power Integrations' value of 1.99% is 26.4% below this industry median. Based on the distribution chart, Power Integrations ranks #529 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Power Integrations has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Integrations' Return-on-Tangible-Asset compare to PI and LASR?
According to the Semiconductors industry distribution chart, Power Integrations ranks #529 out of 1028 companies for Return-on-Tangible-Asset. This places Power Integrations in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Power Integrations' value of 1.99% is 26.4% below this benchmark. Historically, Power Integrations' own Return-on-Tangible-Asset has ranged from 2.43 to 33.05 over the past decade. While the company's 10-year median is 10.97 vs. the industry median of 2.71, Power Integrations has consistently been below 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.71, based on 1,028 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. Power Integrations's current Return-on-Tangible-Asset of 1.99% is 26.4% below 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 Power Integrations and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Integrations's current Return-on-Tangible-Asset is 1.99%, which is 82% below median its own 10-year median of 10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Integrations stock overvalued right now?
Based on GuruFocus' analysis, Power Integrations (FRA:PWI) is currently considered Fairly Valued. The stock's GF Value™ is €57.40, compared to a current price of €52.62 — trading 8.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.99%, which is 82% below median its 10-year median of 10.97 and 26.4% below the Semiconductors industry median of 2.71. Power Integrations' overall GF Score™ is 86/100 with 6 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 Power Integrations (FRA:PWI), the current Return-on-Tangible-Asset is 1.99% 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 Power Integrations (FRA:PWI) Overvalued in 2026?
Based on GuruFocus' analysis, Power Integrations stock appears to be undervalued.
The current stock price of €52.62 is trading 8.3% below its estimated GF Value™ of €57.40.
GuruFocus considers Power Integrations to be Fairly Valued.
Key valuation signals for FRA:PWI:
Return-on-Tangible-Asset: 1.99% (82% below median its 10-year median of 10.97)
GF Value™: €57.40 vs. price of €52.62 (8.3% below fair value)
Industry Position: 26.4% below the Semiconductors median (#529 of 1028)
No single metric tells the full story. See the FRA:PWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Integrations Inc designs, develops, and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, home automation, or Internet of Things applications such as networked thermostats, power strips, and security devices. Geographically, the company generates maximum revenue from China and Hong Kong.
86GF Score
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