Raymond Industrial (FRA:RAJ) Return-on-Tangible-Asset: 3.10% (As of Dec. 2025) — 40% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:RAJ Raymond Industrial Ltd FRA:RAJ
43 GF Score
Price €0.09
GF Value €0.09
! 2 Warning Signs
View Full Analysis

What is Raymond Industrial Return-on-Tangible-Asset?

Raymond Industrial FRA:RAJ 43 Return-on-Tangible-Asset is 3.10% as of Dec. 2025, which is 40% below its 10-year median of 5.15. GuruFocus rates FRA:RAJ with a GF Score™ of 43/100 and a GF Value™ of €0.09. The stock has 2 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Raymond Industrial ranks better than 68.51% 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. Raymond Industrial's annualized Net Income for the quarter that ended in Dec. 2025 was €3.1 Mil. Raymond Industrial's average total tangible assets for the quarter that ended in Dec. 2025 was €98.5 Mil. Therefore, Raymond Industrial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.10%.

The historical rank and industry rank for Raymond Industrial's Return-on-Tangible-Asset or its related term are showing as below:

FRA:RAJ' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.37   Med: 5.15   Max: 7.78
Current: 5.22

During the past 13 years, Raymond Industrial's highest Return-on-Tangible-Asset was 7.78%. The lowest was 3.37%. And the median was 5.15%.

FRA:RAJ's Return-on-Tangible-Asset is ranked better than
68.51% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.5 vs FRA:RAJ: 5.22

Raymond Industrial  (FRA:RAJ) 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 company’s 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 company’s 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.


Raymond Industrial Return-on-Tangible-Asset Related Terms


Raymond Industrial Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Raymond Industrial'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.

Raymond Industrial Return-on-Tangible-Asset Chart

Raymond Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 3.49 7.66 5.22 4.90

Raymond Industrial Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.02 4.19 6.99 3.10 -2.35

FRA:RAJ vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Return-on-Tangible-Asset falls into.


FRA:RAJ
43GF Score
Raymond Industrial Ltd FRA:RAJ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond Industrial Return-on-Tangible-Asset Calculation

Raymond Industrial's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5.094/( (108.142+99.612)/ 2 )
=5.094/103.877
=4.90 %

Raymond Industrial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=3.054/( (97.379+99.612)/ 2 )
=3.054/98.4955
=3.10 %

* 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 3.10% mean?
Raymond Industrial (FRA:RAJ) has a Return-on-Tangible-Asset of 3.10% 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 Raymond Industrial and its competitors. This is 40% below median its historical median of 5.15. Over the past decade, Raymond Industrial's Return-on-Tangible-Asset has ranged from 3.37 to 7.78. According to the industry distribution chart, Raymond Industrial ranks #137 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 31.5%.
Is Raymond Industrial's Return-on-Tangible-Asset too high?
Raymond Industrial's current Return-on-Tangible-Asset of 3.10% is 40% below median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 7.78. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.50. Raymond Industrial's value of 3.10% is 24% above this industry median. Based on the distribution chart, Raymond Industrial ranks #137 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Raymond Industrial has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Raymond Industrial's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Raymond Industrial ranks #137 out of 435 companies for Return-on-Tangible-Asset. This puts Raymond Industrial in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.50. Raymond Industrial's value of 3.10% is 24% above this benchmark. Historically, Raymond Industrial's own Return-on-Tangible-Asset has ranged from 3.37 to 7.78 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 2.50, Raymond Industrial 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.50, based on 435 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. Raymond Industrial's current Return-on-Tangible-Asset of 3.10% is 24% 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 Raymond Industrial and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond Industrial's current Return-on-Tangible-Asset is 3.10%, which is 40% below median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond Industrial stock overvalued right now?
Raymond Industrial (FRA:RAJ) has a current Return-on-Tangible-Asset of 3.10%. The stock's GF Value™ is €0.09, compared to a current price of €0.09 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is 3.10%, which is 40% below median its 10-year median of 5.15 and 24% above the Furnishings, Fixtures & Appliances industry median of 2.50. Raymond Industrial's overall GF Score™ is 43/100 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 Raymond Industrial (FRA:RAJ), the current Return-on-Tangible-Asset is 3.10% 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 Raymond Industrial (FRA:RAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond Industrial stock appears to be undervalued. The current stock price of €0.09 is trading 0% below its estimated GF Value™ of €0.09.

Key valuation signals for FRA:RAJ:

  • Return-on-Tangible-Asset: 3.10% (40% below median its 10-year median of 5.15)
  • GF Value™: €0.09 vs. price of €0.09 (0% below fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 24% above the Furnishings, Fixtures & Appliances median (#137 of 435)

No single metric tells the full story. See the FRA:RAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond Industrial Business Description

Other Exchanges 00229:Hong Kong
Address 8 On Ping Street, Rooms 1806-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. Its reportable operating segments are North America, mainly including the United States of America and Canada; Latin America, mainly including Mexico; Europe, mainly including the United Kingdom and the Netherlands; Asia, mainly including the PRC, Korea, and Japan; and the Rest of the World.
43GF Score

Get the complete analysis for FRA:RAJ

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.09
Price
€0.09
GF Value