The historical rank and industry rank for SMG European Recovery SPAC SE's Return-on-Tangible-Asset or its related term are showing as below:
FRA:RCVR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -312.06 Med: -4.15 Max: 7.1
Current: -312.06
During the past 4 years, SMG European Recovery SPAC SE's highest Return-on-Tangible-Asset was 7.10%. The lowest was -312.06%. And the median was -4.15%.
FRA:RCVR's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.9
vs FRA:RCVR: -312.06
SMG European Recovery SPAC SE (FRA:RCVR) 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.
SMG European Recovery SPAC SE Return-on-Tangible-Asset Related Terms
SMG European Recovery SPAC SE Return-on-Tangible-Asset Historical Data
* 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.
SMG European Recovery SPAC SE Return-on-Tangible-Asset Chart
FRA:RCVR vs AGLY, CCCX, CEPF: Return-on-Tangible-Asset Comparison
For the Shell Companies subindustry, SMG European Recovery SPAC SE'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.
SMG European Recovery SPAC SE Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, SMG European Recovery SPAC SE's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SMG European Recovery SPAC SE'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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of -30.10% mean?
SMG European Recovery SPAC SE (FRA:RCVR) has a Return-on-Tangible-Asset of -30.10% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SMG European Recovery SPAC SE and its competitors.
Is SMG European Recovery SPAC SE's Return-on-Tangible-Asset too high?
SMG European Recovery SPAC SE's current Return-on-Tangible-Asset is -30.10%. Overall, SMG European Recovery SPAC SE has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does SMG European Recovery SPAC SE's Return-on-Tangible-Asset compare to AGLY and CCCX?
SMG European Recovery SPAC SE's Return-on-Tangible-Asset of -30.10% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Asset is 0.90. 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.90, based on 561 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 SMG European Recovery SPAC SE and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMG European Recovery SPAC SE's current Return-on-Tangible-Asset is -30.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMG European Recovery SPAC SE stock overvalued right now?
SMG European Recovery SPAC SE (FRA:RCVR) has a current Return-on-Tangible-Asset of -30.10%. The current Return-on-Tangible-Asset is -30.10%. SMG European Recovery SPAC SE's overall GF Score™ is 35/100 with 3 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 SMG European Recovery SPAC SE (FRA:RCVR), the current Return-on-Tangible-Asset is -30.10% as of Jun. 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.
SMG European Recovery SPAC SE Business Description
SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.
35GF 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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