Robert Half (FRA:RHJ) Return-on-Tangible-Asset: 2.20% (As of Mar. 2026) — 89% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:RHJ Robert Half Inc FRA:RHJ
68 GF Score
Price €31.91
GF Value €52.49
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Robert Half Return-on-Tangible-Asset?

Robert Half FRA:RHJ -9.45% 68 Return-on-Tangible-Asset is 2.20% as of Mar. 2026, which is 89% below its 10-year median of 20.40. GuruFocus rates FRA:RHJ with a GF Score™ of 68/100 and a GF Value™ of €52.49 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,094 Business Services companies, Robert Half ranks better than 56.49% 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. Robert Half's annualized Net Income for the quarter that ended in Mar. 2026 was €48 Mil. Robert Half's average total tangible assets for the quarter that ended in Mar. 2026 was €2,172 Mil. Therefore, Robert Half's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.20%.

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

FRA:RHJ' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39   Med: 20.4   Max: 25.99
Current: 4.39

During the past 13 years, Robert Half's highest Return-on-Tangible-Asset was 25.99%. The lowest was 4.39%. And the median was 20.40%.

FRA:RHJ's Return-on-Tangible-Asset is ranked better than
56.49% of 1094 companies
in the Business Services industry
Industry Median: 3.975 vs FRA:RHJ: 4.39

Robert Half  (FRA:RHJ) 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.


Robert Half Return-on-Tangible-Asset Related Terms


Robert Half Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Robert Half'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.

Robert Half Return-on-Tangible-Asset Chart

Robert Half 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 24.49 24.93 14.76 9.54 4.81

Robert Half Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 6.30 6.58 4.90 2.20 3.97

FRA:RHJ vs KFY, TNET, MAN: Return-on-Tangible-Asset Comparison

For the Staffing & Employment Services subindustry, Robert Half'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.


Robert Half Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Robert Half's Return-on-Tangible-Asset distribution charts can be found below:

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


FRA:RHJ
68GF Score
Robert Half Inc FRA:RHJ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Robert Half Return-on-Tangible-Asset Calculation

Robert Half'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 )
=113.573/( (2498.287+2222.934)/ 2 )
=113.573/2360.6105
=4.81 %

Robert Half's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=47.712/( (2222.934+2120.159)/ 2 )
=47.712/2171.5465
=2.20 %

* 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 2.20% mean?
Robert Half (FRA:RHJ) has a Return-on-Tangible-Asset of 2.20% 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 Robert Half and its competitors. This is 89% below median its historical median of 20.40. Over the past decade, Robert Half's Return-on-Tangible-Asset has ranged from 4.39 to 25.99. According to the industry distribution chart, Robert Half ranks #476 out of 1094 companies in the Business Services industry, placing it in the top 43.5%.
Is Robert Half's Return-on-Tangible-Asset too high?
Robert Half's current Return-on-Tangible-Asset of 2.20% is 89% below median its 10-year median of 20.40. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 25.99. The Business Services industry median Return-on-Tangible-Asset is 3.98. Robert Half's value of 2.20% is 44.7% below this industry median. Based on the distribution chart, Robert Half ranks #476 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, Robert Half has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Robert Half's Return-on-Tangible-Asset compare to KFY and TNET?
According to the Business Services industry distribution chart, Robert Half ranks #476 out of 1094 companies for Return-on-Tangible-Asset. This puts Robert Half in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.98. Robert Half's value of 2.20% is 44.7% below this benchmark. Historically, Robert Half's own Return-on-Tangible-Asset has ranged from 4.39 to 25.99 over the past decade. While the company's 10-year median is 20.40 vs. the industry median of 3.98, Robert Half 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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. Robert Half's current Return-on-Tangible-Asset of 2.20% is 44.7% 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 Robert Half and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Robert Half's current Return-on-Tangible-Asset is 2.20%, which is 89% below median its own 10-year median of 20.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Robert Half stock overvalued right now?
Based on GuruFocus' analysis, Robert Half (FRA:RHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is €52.49, compared to a current price of €31.91 — trading 39.2% below its estimated fair value. The current Return-on-Tangible-Asset is 2.20%, which is 89% below median its 10-year median of 20.40 and 44.7% below the Business Services industry median of 3.98. Robert Half's overall GF Score™ is 68/100 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 Robert Half (FRA:RHJ), the current Return-on-Tangible-Asset is 2.20% 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 Robert Half (FRA:RHJ) Overvalued in 2026?

Based on GuruFocus' analysis, Robert Half stock appears to be undervalued. The current stock price of €31.91 is trading 39.2% below its estimated GF Value™ of €52.49. GuruFocus considers Robert Half to be Significantly Undervalued.

Key valuation signals for FRA:RHJ:

  • Return-on-Tangible-Asset: 2.20% (89% below median its 10-year median of 20.40)
  • GF Value™: €52.49 vs. price of €31.91 (39.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 44.7% below the Business Services median (#476 of 1094)

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


Robert Half Business Description

Address 2884 Sand Hill Road, Suite 200, Menlo Park, CA, USA, 94025
Robert Half Inc was founded in 1948, Robert Half provides temporary, permanent, and outcome-based staffing for both in-person and remote positions in the finance and accounting, technology, legal, marketing, and administrative fields. Its subsidiary consulting arm, Protiviti, specializes in technology, risk, auditing, and compliance matters. The firm generates its sales inside the U.S. and is one of the specialized firms in the fragmented U.S. staffing industry.
68GF Score

Get the complete analysis for FRA:RHJ

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

€31.91
Price
€52.49
GF Value