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Pebble Beach Systems GroupFRA:VSF 53 Return-on-Tangible-Asset is 79.16% as of Dec. 2025, which is 262% above its 10-year median of 21.86. GuruFocus rates FRA:VSF with a GF Score™ of 53/100 and a GF Value™ of €0.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,502 Hardware companies, Pebble Beach Systems Group ranks better than 99.56% 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. Pebble Beach Systems Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €5.13 Mil. Pebble Beach Systems Group's average total tangible assets for the quarter that ended in Dec. 2025 was €6.49 Mil. Therefore, Pebble Beach Systems Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 79.16%.
The historical rank and industry rank for Pebble Beach Systems Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:VSF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -170.34 Med: 21.86 Max: 47.74
Current: 47.74
During the past 13 years, Pebble Beach Systems Group's highest Return-on-Tangible-Asset was 47.74%. The lowest was -170.34%. And the median was 21.86%.
FRA:VSF's Return-on-Tangible-Asset is ranked better than 99.56% of 2502
companies
in the Hardware industry
Industry Median: 2.445
vs FRA:VSF: 47.74
Pebble Beach Systems Group (FRA:VSF) 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.
Pebble Beach Systems Group Return-on-Tangible-Asset Related Terms
Pebble Beach Systems Group 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.
Pebble Beach Systems Group Return-on-Tangible-Asset Chart
FRA:VSF vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Pebble Beach Systems Group'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.
Pebble Beach Systems Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Pebble Beach Systems Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Pebble Beach Systems Group'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 79.16% mean?
Pebble Beach Systems Group (FRA:VSF) has a Return-on-Tangible-Asset of 79.16% 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 Pebble Beach Systems Group and its competitors. This is 262% above median its historical median of 21.86. According to the industry distribution chart, Pebble Beach Systems Group ranks #11 out of 2502 companies in the Hardware industry, placing it in the top 0.40000000000001%.
Is Pebble Beach Systems Group's Return-on-Tangible-Asset too high?
Pebble Beach Systems Group's current Return-on-Tangible-Asset of 79.16% is 262% above median its 10-year median of 21.86. The Hardware industry median Return-on-Tangible-Asset is 2.45. Pebble Beach Systems Group's value of 79.16% is 3137.6% above this industry median. Based on the distribution chart, Pebble Beach Systems Group ranks #11 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Pebble Beach Systems Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pebble Beach Systems Group's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Pebble Beach Systems Group ranks #11 out of 2502 companies for Return-on-Tangible-Asset. This places Pebble Beach Systems Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.45. Pebble Beach Systems Group's value of 79.16% is 3137.6% above this benchmark. While the company's 10-year median is 21.86 vs. the industry median of 2.45, Pebble Beach Systems Group 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 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. Pebble Beach Systems Group's current Return-on-Tangible-Asset of 79.16% is 3137.6% 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 Pebble Beach Systems Group 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. Pebble Beach Systems Group's current Return-on-Tangible-Asset is 79.16%, which is 262% above median its own 10-year median of 21.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pebble Beach Systems Group stock overvalued right now?
Based on GuruFocus' analysis, Pebble Beach Systems Group (FRA:VSF) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.10, compared to a current price of €0.24 — trading 138% above its estimated fair value. The current Return-on-Tangible-Asset is 79.16%, which is 262% above median its 10-year median of 21.86 and 3137.6% above the Hardware industry median of 2.45. Pebble Beach Systems Group's overall GF Score™ is 53/100 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 Pebble Beach Systems Group (FRA:VSF), the current Return-on-Tangible-Asset is 79.16% 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 Pebble Beach Systems Group (FRA:VSF) Overvalued in 2026?
Based on GuruFocus' analysis, Pebble Beach Systems Group stock appears to be overvalued.
The current stock price of €0.24 is trading 138% above its estimated GF Value™ of €0.10.
GuruFocus considers Pebble Beach Systems Group to be Significantly Overvalued.
Key valuation signals for FRA:VSF:
Return-on-Tangible-Asset: 79.16% (262% above median its 10-year median of 21.86)
GF Value™: €0.10 vs. price of €0.24 (138% above fair value)
Industry Position: 3137.6% above the Hardware median (#11 of 2502)
No single metric tells the full story. See the FRA:VSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pebble Beach Systems Group PLC is a software business specialising in playout automation and content management solutions for the broadcast and streaming markets. It specialises in designing, delivering, and supporting workflow automation systems for media broadcasters and streamers. Its primary product is playout automation software, which is used by television channels, streaming services, and other media companies to manage the sequencing of programmes, advertisements, promotions, graphics, and channel branding. It also provides integrated channel solutions, which combine content storage, playout, graphics, and monitoring into a single unified platform. Its customers include CNBC, Fox News, IMG, and TV Globo. It operates in Europe, the Middle East and Africa, the Americas, and APAC.
53GF Score
Get the complete analysis for FRA:VSF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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