Teleste Oyj (FRA:TS6) Return-on-Tangible-Asset: 6.82% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:TS6 Teleste Oyj FRA:TS6
70 GF Score
Price €3.45
GF Value €2.60
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Teleste Oyj Return-on-Tangible-Asset?

Teleste Oyj FRA:TS6 -1.43% 70 Return-on-Tangible-Asset is 6.82% as of Mar. 2026. GuruFocus rates FRA:TS6 with a GF Score™ of 70/100 and a GF Value™ of €2.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,502 Hardware companies, Teleste Oyj ranks better than 61.99% 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. Teleste Oyj's annualized Net Income for the quarter that ended in Mar. 2026 was €5.5 Mil. Teleste Oyj's average total tangible assets for the quarter that ended in Mar. 2026 was €80.4 Mil. Therefore, Teleste Oyj's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.82%.

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

FRA:TS6' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8   Med: -0.64   Max: 9.95
Current: 4.36

During the past 13 years, Teleste Oyj's highest Return-on-Tangible-Asset was 9.95%. The lowest was -8.00%. And the median was -0.64%.

FRA:TS6's Return-on-Tangible-Asset is ranked better than
61.99% of 2502 companies
in the Hardware industry
Industry Median: 2.445 vs FRA:TS6: 4.36

Teleste Oyj  (FRA:TS6) 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.


Teleste Oyj Return-on-Tangible-Asset Related Terms


Teleste Oyj Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Teleste Oyj'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.

Teleste Oyj Return-on-Tangible-Asset Chart

Teleste Oyj 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 7.87 -5.62 -0.08 -6.85 3.40

Teleste Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.13 2.01 6.40 2.22 6.82

FRA:TS6 vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison

For the Communication Equipment subindustry, Teleste Oyj'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.


Teleste Oyj Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Teleste Oyj's Return-on-Tangible-Asset distribution charts can be found below:

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


FRA:TS6
70GF Score
Teleste Oyj FRA:TS6
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teleste Oyj Return-on-Tangible-Asset Calculation

Teleste Oyj'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 )
=2.78/( (82.247+81.293)/ 2 )
=2.78/81.77
=3.40 %

Teleste Oyj'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 )
=5.484/( (81.293+79.425)/ 2 )
=5.484/80.359
=6.82 %

* 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 6.82% mean?
Teleste Oyj (FRA:TS6) has a Return-on-Tangible-Asset of 6.82% 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 Teleste Oyj and its competitors. According to the industry distribution chart, Teleste Oyj ranks #951 out of 2502 companies in the Hardware industry, placing it in the top 38%.
Is Teleste Oyj's Return-on-Tangible-Asset too high?
Teleste Oyj's current Return-on-Tangible-Asset is 6.82%. The Hardware industry median Return-on-Tangible-Asset is 2.45. Teleste Oyj's value of 6.82% is 178.9% above this industry median. Based on the distribution chart, Teleste Oyj ranks #951 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Teleste Oyj has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teleste Oyj's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Teleste Oyj ranks #951 out of 2502 companies for Return-on-Tangible-Asset. This puts Teleste Oyj in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.45. Teleste Oyj's value of 6.82% is 178.9% above this benchmark. 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 2.45, based on 2,502 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. Teleste Oyj's current Return-on-Tangible-Asset of 6.82% is 178.9% 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 Teleste Oyj and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teleste Oyj's current Return-on-Tangible-Asset is 6.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teleste Oyj stock overvalued right now?
Based on GuruFocus' analysis, Teleste Oyj (FRA:TS6) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.60, compared to a current price of €3.45 — trading 32.7% above its estimated fair value. The current Return-on-Tangible-Asset is 6.82% and 178.9% above the Hardware industry median of 2.45. Teleste Oyj's overall GF Score™ is 70/100 with 2 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 Teleste Oyj (FRA:TS6), the current Return-on-Tangible-Asset is 6.82% 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 Teleste Oyj (FRA:TS6) Overvalued in 2026?

Based on GuruFocus' analysis, Teleste Oyj stock appears to be overvalued. The current stock price of €3.45 is trading 32.7% above its estimated GF Value™ of €2.60. GuruFocus considers Teleste Oyj to be Significantly Overvalued.

Key valuation signals for FRA:TS6:

  • Return-on-Tangible-Asset: 6.82%
  • GF Value™: €2.60 vs. price of €3.45 (32.7% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 178.9% above the Hardware median (#951 of 2502)

No single metric tells the full story. See the FRA:TS6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teleste Oyj Business Description

Other Exchanges 0K1Q:UKTLT1V:Finland
Address Telestenkatu 1, Littoinen, Turku, FIN, 20660
Teleste Oyj offers an integrated product and service portfolio that makes it possible to build and run a networked society. The company's solutions bring television and broadband services, security, and safety in public places and guide the use of public transport. With solid industry experience and a drive for innovation, it is an international company in broadband, security and information technologies, and related services. Further, the group connects with customers through a network of offices and partners.
70GF Score

Get the complete analysis for FRA:TS6

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

€3.45
Price
€2.60
GF Value