China Railway Signalmmunication (FRA:RS3) Return-on-Tangible-Asset: 4.96% (As of Dec. 2025) — 37% Above Median

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FRA:RS3 China Railway Signal & Communication Corp Ltd FRA:RS3
56 GF Score
Price €0.35
GF Value €0.37
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is China Railway Signalmmunication Return-on-Tangible-Asset?

China Railway Signalmmunication FRA:RS3 -0.57% 56 Return-on-Tangible-Asset is 4.96% as of Dec. 2025, which is 37% above its 10-year median of 3.63. GuruFocus rates FRA:RS3 with a GF Score™ of 56/100 and a GF Value™ of €0.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,009 Transportation companies, China Railway Signalmmunication ranks worse than 67.39% 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. China Railway Signalmmunication's annualized Net Income for the quarter that ended in Dec. 2025 was €680 Mil. China Railway Signalmmunication's average total tangible assets for the quarter that ended in Dec. 2025 was €13,726 Mil. Therefore, China Railway Signalmmunication's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.96%.

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

FRA:RS3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.83   Med: 3.63   Max: 6.86
Current: 1.83

During the past 12 years, China Railway Signalmmunication's highest Return-on-Tangible-Asset was 6.86%. The lowest was 1.83%. And the median was 3.63%.

FRA:RS3's Return-on-Tangible-Asset is ranked worse than
67.39% of 1009 companies
in the Transportation industry
Industry Median: 3.77 vs FRA:RS3: 1.83

China Railway Signalmmunication  (FRA:RS3) 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.


China Railway Signalmmunication Return-on-Tangible-Asset Related Terms


China Railway Signalmmunication Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for China Railway Signalmmunication'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.

China Railway Signalmmunication Return-on-Tangible-Asset Chart

China Railway Signalmmunication 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 3.30 3.27 2.95 3.06 3.08

China Railway Signalmmunication Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 2.63 4.02 0.00 2.35 4.96

FRA:RS3 vs UNP, CSX, NSC: Return-on-Tangible-Asset Comparison

For the Railroads subindustry, China Railway Signalmmunication'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.


China Railway Signalmmunication Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where China Railway Signalmmunication's Return-on-Tangible-Asset falls into.


FRA:RS3
56GF Score
China Railway Signal & Communication Corp Ltd FRA:RS3
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Railway Signalmmunication Return-on-Tangible-Asset Calculation

China Railway Signalmmunication'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 )
=446.984/( (15064.338+13965.69)/ 2 )
=446.984/14515.014
=3.08 %

China Railway Signalmmunication'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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=680.124/( (13485.818+13965.69)/ 2 )
=680.124/13725.754
=4.96 %

* 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 (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 4.96% mean?
China Railway Signalmmunication (FRA:RS3) has a Return-on-Tangible-Asset of 4.96% 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 China Railway Signalmmunication and its competitors. This is 37% above median its historical median of 3.63. Over the past decade, China Railway Signalmmunication's Return-on-Tangible-Asset has ranged from 1.83 to 6.86. According to the industry distribution chart, China Railway Signalmmunication ranks #680 out of 1009 companies in the Transportation industry, placing it in the top 67.4%.
Is China Railway Signalmmunication's Return-on-Tangible-Asset too high?
China Railway Signalmmunication's current Return-on-Tangible-Asset of 4.96% is 37% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 6.86. The Transportation industry median Return-on-Tangible-Asset is 3.77. China Railway Signalmmunication's value of 4.96% is 31.6% above this industry median. Based on the distribution chart, China Railway Signalmmunication ranks #680 out of 1009 companies in the Transportation industry, which is below the industry midpoint. Overall, China Railway Signalmmunication has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Railway Signalmmunication's Return-on-Tangible-Asset compare to UNP and CSX?
According to the Transportation industry distribution chart, China Railway Signalmmunication ranks #680 out of 1009 companies for Return-on-Tangible-Asset. This places China Railway Signalmmunication in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.77. China Railway Signalmmunication's value of 4.96% is 31.6% above this benchmark. Historically, China Railway Signalmmunication's own Return-on-Tangible-Asset has ranged from 1.83 to 6.86 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 3.77, China Railway Signalmmunication 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.77, based on 1,009 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. China Railway Signalmmunication's current Return-on-Tangible-Asset of 4.96% is 31.6% 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 China Railway Signalmmunication and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Railway Signalmmunication's current Return-on-Tangible-Asset is 4.96%, which is 37% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Railway Signalmmunication stock overvalued right now?
Based on GuruFocus' analysis, China Railway Signalmmunication (FRA:RS3) is currently considered Fairly Valued. The stock's GF Value™ is €0.37, compared to a current price of €0.35 — trading 6.5% below its estimated fair value. The current Return-on-Tangible-Asset is 4.96%, which is 37% above median its 10-year median of 3.63 and 31.6% above the Transportation industry median of 3.77. China Railway Signalmmunication's overall GF Score™ is 56/100 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 China Railway Signalmmunication (FRA:RS3), the current Return-on-Tangible-Asset is 4.96% 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 China Railway Signalmmunication (FRA:RS3) Overvalued in 2026?

Based on GuruFocus' analysis, China Railway Signalmmunication stock appears to be undervalued. The current stock price of €0.35 is trading 6.5% below its estimated GF Value™ of €0.37. GuruFocus considers China Railway Signalmmunication to be Fairly Valued.

Key valuation signals for FRA:RS3:

  • Return-on-Tangible-Asset: 4.96% (37% above median its 10-year median of 3.63)
  • GF Value™: €0.37 vs. price of €0.35 (6.5% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 31.6% above the Transportation median (#680 of 1009)

No single metric tells the full story. See the FRA:RS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Railway Signalmmunication Business Description

Address Automobile Museum South Road, CRSC Building A, 1 Compound, 20th Floor, Fengtai District, Beijing, CHN, 100070
China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the Rail transportation control system segment, which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems; the General engineering contracting segment engages in the provision of services relating to municipal and other construction projects; and other segments mainly engage in trading. The firm generates a majority of its revenue from the Rail transportation control system segment.
56GF Score

Get the complete analysis for FRA:RS3

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

€0.35
Price
€0.37
GF Value