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Tennant CoFRA:TN1 -1.83%83 Return-on-Tangible-Asset is 3.00% as of Jun. 2026, which is 60% below its 10-year median of 7.44. GuruFocus rates FRA:TN1 with a GF Score™ of 83/100 and a GF Value™ of €73.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,080 Industrial Products companies, Tennant Co ranks worse than 61.56% 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. Tennant Co's annualizedNet Income for the quarter that ended in Jun. 2026 was €26 Mil. Tennant Co's average total tangible assets for the quarter that ended in Jun. 2026 was €879 Mil. Therefore, Tennant Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.00%.
The historical rank and industry rank for Tennant Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:TN1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.15 Med: 7.44 Max: 12.96
Current: 1.83
During the past 13 years, Tennant Co's highest Return-on-Tangible-Asset was 12.96%. The lowest was -1.15%. And the median was 7.44%.
FRA:TN1's Return-on-Tangible-Asset is ranked worse than 61.56% of 3080
companies
in the Industrial Products industry
Industry Median: 3.395
vs FRA:TN1: 1.83
Tennant Co (FRA:TN1) 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.
Tennant Co Return-on-Tangible-Asset Related Terms
Tennant Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tennant Co'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:TN1 vs AMSC, BW, EPAC: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Tennant Co'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.
Tennant Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tennant Co'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.00% mean?
Tennant Co (FRA:TN1) has a Return-on-Tangible-Asset of 3.00% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tennant Co and its competitors. This is 60% below median its historical median of 7.44. According to the industry distribution chart, Tennant Co ranks #1896 out of 3080 companies in the Industrial Products industry, placing it in the top 61.6%.
Is Tennant Co's Return-on-Tangible-Asset too high?
Tennant Co's current Return-on-Tangible-Asset of 3.00% is 60% below median its 10-year median of 7.44. The Industrial Products industry median Return-on-Tangible-Asset is 3.40. Tennant Co's value of 3.00% is 11.6% below this industry median. Based on the distribution chart, Tennant Co ranks #1896 out of 3080 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tennant Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Return-on-Tangible-Asset compare to AMSC and BW?
According to the Industrial Products industry distribution chart, Tennant Co ranks #1896 out of 3080 companies for Return-on-Tangible-Asset. This places Tennant Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Tennant Co's value of 3.00% is 11.6% below this benchmark. While the company's 10-year median is 7.44 vs. the industry median of 3.40, Tennant Co 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.40, based on 3,080 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. Tennant Co's current Return-on-Tangible-Asset of 3.00% is 11.6% 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 Tennant Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tennant Co's current Return-on-Tangible-Asset is 3.00%, which is 60% below median its own 10-year median of 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (FRA:TN1) is currently considered Modestly Undervalued. The stock's GF Value™ is €73.50, compared to a current price of €56.30 — trading 23.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.00%, which is 60% below median its 10-year median of 7.44 and 11.6% below the Industrial Products industry median of 3.40. Tennant Co's overall GF Score™ is 83/100 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 Tennant Co (FRA:TN1), the current Return-on-Tangible-Asset is 3.00% as of Jun. 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 Tennant Co (FRA:TN1) Overvalued in 2026?
Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued.
The current stock price of €56.30 is trading 23.4% below its estimated GF Value™ of €73.50.
GuruFocus considers Tennant Co to be Modestly Undervalued.
Key valuation signals for FRA:TN1:
Return-on-Tangible-Asset: 3.00% (60% below median its 10-year median of 7.44)
GF Value™: €73.50 vs. price of €56.30 (23.4% below fair value)
Industry Position: 11.6% below the Industrial Products median (#1896 of 3080)
No single metric tells the full story. See the FRA:TN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
83GF 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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