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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. Uber Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was €910 Mil. Uber Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was €43,743 Mil. Therefore, Uber Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.08%.
The historical rank and industry rank for Uber Technologies's Return-on-Tangible-Asset or its related term are showing as below:
FRA:UT8'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.63 Med: -1.85 Max: 27.69
Current: 17.45
During the past 10 years, Uber Technologies's highest Return-on-Tangible-Asset was 27.69%. The lowest was -36.63%. And the median was -1.85%.
FRA:UT8's Return-on-Tangible-Asset is ranked better than 89.64% of 2886
companies
in the Software industry
Industry Median: 2.055
vs FRA:UT8: 17.45
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.
Uber Technologies Return-on-Tangible-Asset Related Terms
Uber Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Uber Technologies'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:UT8 vs SHOP, CRM, CDNS: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Uber Technologies'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.
Uber Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Uber Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Uber Technologies'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.08% mean?
Uber Technologies (FRA:UT8) has a Return-on-Tangible-Asset of 2.08% 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 Uber Technologies and its competitors. According to the industry distribution chart, Uber Technologies ranks #299 out of 2886 companies in the Software industry, placing it in the top 10.4%.
Is Uber Technologies' Return-on-Tangible-Asset too high?
Uber Technologies' current Return-on-Tangible-Asset is 2.08%. The Software industry median Return-on-Tangible-Asset is 2.06. Uber Technologies' value of 2.08% is 1.2% above this industry median. Based on the distribution chart, Uber Technologies ranks #299 out of 2886 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Uber Technologies has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uber Technologies' Return-on-Tangible-Asset compare to SHOP and CRM?
According to the Software industry distribution chart, Uber Technologies ranks #299 out of 2886 companies for Return-on-Tangible-Asset. This places Uber Technologies in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. Uber Technologies' value of 2.08% is 1.2% 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.06, based on 2,886 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. Uber Technologies's current Return-on-Tangible-Asset of 2.08% is 1.2% 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 Uber Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uber Technologies's current Return-on-Tangible-Asset is 2.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uber Technologies stock overvalued right now?
Based on GuruFocus' analysis, Uber Technologies (FRA:UT8) is currently considered Modestly Undervalued. The stock's GF Value™ is €85.89, compared to a current price of €64.34 — trading 25.1% below its estimated fair value. The current Return-on-Tangible-Asset is 2.08% and 1.2% above the Software industry median of 2.06. Uber Technologies' overall GF Score™ is 82/100 with 4 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 Uber Technologies (FRA:UT8), the current Return-on-Tangible-Asset is 2.08% 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 Uber Technologies (FRA:UT8) Overvalued in 2026?
Based on GuruFocus' analysis, Uber Technologies stock appears to be undervalued.
The current stock price of €64.34 is trading 25.1% below its estimated GF Value™ of €85.89.
GuruFocus considers Uber Technologies to be Modestly Undervalued.
Key valuation signals for FRA:UT8:
Return-on-Tangible-Asset: 2.08%
GF Value™: €85.89 vs. price of €64.34 (25.1% below fair value)
Industry Position: 1.2% above the Software median (#299 of 2886)
No single metric tells the full story. See the FRA:UT8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. The firm's on-demand technology platform is currently utilized by traditional cars as well as autonomous vehicles, but could eventually be used for additional products and services, such as delivery via drones or electronic vehicle take-off and landing (eVTOL) technology. Uber operates in over 70 countries, with over 202 million users who order rides or food at least once a month.
82GF Score
Get the complete analysis for FRA:UT8
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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