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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. Net digital AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €4.78 Mil. Net digital AG's average total tangible assets for the quarter that ended in Dec. 2025 was €10.37 Mil. Therefore, Net digital AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 46.04%.
The historical rank and industry rank for Net digital AG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:VRL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -46.06 Med: -13.23 Max: 35.32
Current: 33.86
During the past 10 years, Net digital AG's highest Return-on-Tangible-Asset was 35.32%. The lowest was -46.06%. And the median was -13.23%.
FRA:VRL's Return-on-Tangible-Asset is ranked better than 97.3% of 2890
companies
in the Software industry
Industry Median: 2.07
vs FRA:VRL: 33.86
Net digital AG (FRA:VRL) 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.
Net digital AG Return-on-Tangible-Asset Related Terms
Net digital AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Net digital AG'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:VRL vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Net digital AG'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.
Net digital AG Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Net digital AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Net digital AG'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 46.04% mean?
Net digital AG (FRA:VRL) has a Return-on-Tangible-Asset of 46.04% 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 Net digital AG and its competitors. According to the industry distribution chart, Net digital AG ranks #78 out of 2890 companies in the Software industry, placing it in the top 2.7%.
Is Net digital AG's Return-on-Tangible-Asset too high?
Net digital AG's current Return-on-Tangible-Asset is 46.04%. The Software industry median Return-on-Tangible-Asset is 2.07. Net digital AG's value of 46.04% is 2124.2% above this industry median. Based on the distribution chart, Net digital AG ranks #78 out of 2890 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Net digital AG has a GF Score™ of 7/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Net digital AG's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Net digital AG ranks #78 out of 2890 companies for Return-on-Tangible-Asset. This places Net digital AG in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Net digital AG's value of 46.04% is 2124.2% 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 2.07, based on 2,890 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. Net digital AG's current Return-on-Tangible-Asset of 46.04% is 2124.2% 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 Net digital AG and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net digital AG's current Return-on-Tangible-Asset is 46.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net digital AG stock overvalued right now?
Based on GuruFocus' analysis, Net digital AG (FRA:VRL) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.61, compared to a current price of €14.80 — trading 17.4% above its estimated fair value. The current Return-on-Tangible-Asset is 46.04% and 2124.2% above the Software industry median of 2.07. Net digital AG's overall GF Score™ is 7/100 with 3 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 Net digital AG (FRA:VRL), the current Return-on-Tangible-Asset is 46.04% 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 Net digital AG (FRA:VRL) Overvalued in 2026?
Based on GuruFocus' analysis, Net digital AG stock appears to be overvalued.
The current stock price of €14.80 is trading 17.4% above its estimated GF Value™ of €12.61.
GuruFocus considers Net digital AG to be Modestly Overvalued.
Key valuation signals for FRA:VRL:
Return-on-Tangible-Asset: 46.04%
GF Value™: €12.61 vs. price of €14.80 (17.4% above fair value)
Industry Position: 2124.2% above the Software median (#78 of 2890)
No single metric tells the full story. See the FRA:VRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Net digital AG is a group of companies that partners with numerous medium-sized and large companies in the telecommunications, media, and entertainment sectors, as well as public transport companies. The group develops technology platforms for Global and customized digital payment solutions with a focus on digital content distribution. Its services include Global Payment Services, Mobile Payment Services, Content Distribution Services, Artificial Intelligence Solutions, Communication Services, and TV Enabling Services.
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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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