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The historical rank and industry rank for Sandmartin International Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:TQG0'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.25 Med: -8.73 Max: -1.33
Current: -14.3
During the past 13 years, Sandmartin International Holdings's highest Return-on-Tangible-Asset was -1.33%. The lowest was -30.25%. And the median was -8.73%.
FRA:TQG0's Return-on-Tangible-Asset is ranked worse than 88.52% of 2501
companies
in the Hardware industry
Industry Median: 2.85
vs FRA:TQG0: -14.30
Sandmartin International Holdings (FRA:TQG0) 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.
Sandmartin International Holdings Return-on-Tangible-Asset Related Terms
Sandmartin International Holdings 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.
Sandmartin International Holdings Return-on-Tangible-Asset Chart
FRA:TQG0 vs CSCO, MSI, LITE: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Sandmartin International Holdings'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.
Sandmartin International Holdings Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Sandmartin International Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sandmartin International Holdings'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -18.97% mean?
Sandmartin International Holdings (FRA:TQG0) has a Return-on-Tangible-Asset of -18.97% 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 Sandmartin International Holdings and its competitors. According to the industry distribution chart, Sandmartin International Holdings ranks #2214 out of 2501 companies in the Hardware industry, placing it in the top 88.5%.
Is Sandmartin International Holdings' Return-on-Tangible-Asset too high?
Sandmartin International Holdings' current Return-on-Tangible-Asset is -18.97%. Based on the distribution chart, Sandmartin International Holdings ranks #2214 out of 2501 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sandmartin International Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Sandmartin International Holdings' Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Sandmartin International Holdings ranks #2214 out of 2501 companies for Return-on-Tangible-Asset. This places Sandmartin International Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.85. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.85, based on 2,501 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 Sandmartin International Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandmartin International Holdings's current Return-on-Tangible-Asset is -18.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandmartin International Holdings stock overvalued right now?
Sandmartin International Holdings (FRA:TQG0) has a current Return-on-Tangible-Asset of -18.97%. The stock's GF Value™ is €0.14, compared to a current price of €0.16 — trading 12.6% above its estimated fair value. The current Return-on-Tangible-Asset is -18.97%. Sandmartin International Holdings' overall GF Score™ is 24/100 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 Sandmartin International Holdings (FRA:TQG0), the current Return-on-Tangible-Asset is -18.97% 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 Sandmartin International Holdings (FRA:TQG0) Overvalued in 2026?
Based on GuruFocus' analysis, Sandmartin International Holdings stock appears to be overvalued.
The current stock price of €0.16 is trading 12.6% above its estimated GF Value™ of €0.14.
Key valuation signals for FRA:TQG0:
Return-on-Tangible-Asset: -18.97%
GF Value™: €0.14 vs. price of €0.16 (12.6% above fair value)
No single metric tells the full story. See the FRA:TQG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandmartin International Holdings Ltd, along with its subsidiaries is engaged in the manufacturing and trading of satellite television equipment products, other electronic goods, and satellite television broadcasting. The product line of the company consists of digital receivers, components, Radio frequency (RF) products, fiber optics, networking products and digital measurement equipment. The business of the company operates in segments that include Media Entertainment Platform, Other Multimedia Products, and Satellite TV Equipment and Antenna products. The Satellite TV Equipment and Antenna generates maximum revenue for the company. It exports its products to Asia, Europe, North America, Middle East, Africa, South America, and other regions.
24GF Score
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