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Tetra TechFRA:TT6 +4.77%80 Return-on-Tangible-Asset is 21.57% as of Jun. 2026, which is 60% above its 10-year median of 13.50. GuruFocus rates FRA:TT6 with a GF Score™ of 80/100 and a GF Value™ of €29.44. The stock has 1 warning sign investors should review. Among 1,781 Construction companies, Tetra Tech ranks better than 97.25% 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. Tetra Tech's annualizedNet Income for the quarter that ended in Jun. 2026 was €380 Mil. Tetra Tech's average total tangible assets for the quarter that ended in Jun. 2026 was €1,764 Mil. Therefore, Tetra Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.57%.
The historical rank and industry rank for Tetra Tech's Return-on-Tangible-Asset or its related term are showing as below:
FRA:TT6'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.59 Med: 13.5 Max: 21.03
Current: 21.03
During the past 13 years, Tetra Tech's highest Return-on-Tangible-Asset was 21.03%. The lowest was 8.59%. And the median was 13.50%.
FRA:TT6's Return-on-Tangible-Asset is ranked better than 97.25% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs FRA:TT6: 21.03
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.
Tetra Tech Return-on-Tangible-Asset Related Terms
Tetra Tech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tetra Tech'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:TT6 vs AGX, ACM, FLR: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Tetra Tech'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.
Tetra Tech Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Tetra Tech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tetra Tech'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 21.57% mean?
Tetra Tech (FRA:TT6) has a Return-on-Tangible-Asset of 21.57% 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 Tetra Tech and its competitors. This is 60% above median its historical median of 13.50. Over the past decade, Tetra Tech's Return-on-Tangible-Asset has ranged from 8.59 to 21.03. According to the industry distribution chart, Tetra Tech ranks #49 out of 1781 companies in the Construction industry, placing it in the top 2.8%.
Is Tetra Tech's Return-on-Tangible-Asset too high?
Tetra Tech's current Return-on-Tangible-Asset of 21.57% is 60% above median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 8.59 to a high of 21.03. The Construction industry median Return-on-Tangible-Asset is 3.04. Tetra Tech's value of 21.57% is 609.5% above this industry median. Based on the distribution chart, Tetra Tech ranks #49 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tetra Tech has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tetra Tech's Return-on-Tangible-Asset compare to AGX and ACM?
According to the Construction industry distribution chart, Tetra Tech ranks #49 out of 1781 companies for Return-on-Tangible-Asset. This places Tetra Tech in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Tetra Tech's value of 21.57% is 609.5% above this benchmark. Historically, Tetra Tech's own Return-on-Tangible-Asset has ranged from 8.59 to 21.03 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 3.04, Tetra Tech 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Tetra Tech's current Return-on-Tangible-Asset of 21.57% is 609.5% 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 Tetra Tech and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tetra Tech's current Return-on-Tangible-Asset is 21.57%, which is 60% above median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tetra Tech stock overvalued right now?
Tetra Tech (FRA:TT6) has a current Return-on-Tangible-Asset of 21.57%. The stock's GF Value™ is €29.44, compared to a current price of €28.99 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 21.57%, which is 60% above median its 10-year median of 13.50 and 609.5% above the Construction industry median of 3.04. Tetra Tech's overall GF Score™ is 80/100 with 1 warning sign 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 Tetra Tech (FRA:TT6), the current Return-on-Tangible-Asset is 21.57% 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 Tetra Tech (FRA:TT6) Overvalued in 2026?
Based on GuruFocus' analysis, Tetra Tech stock appears to be undervalued.
The current stock price of €28.99 is trading 1.5% below its estimated GF Value™ of €29.44.
Key valuation signals for FRA:TT6:
Return-on-Tangible-Asset: 21.57% (60% above median its 10-year median of 13.50)
GF Value™: €29.44 vs. price of €28.99 (1.5% below fair value)
Industry Position: 609.5% above the Construction median (#49 of 1781)
No single metric tells the full story. See the FRA:TT6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. it has two reportable segments. Its Government Services Group (GSG) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.
80GF 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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