Saf TehnikaFRA:VTZ +2.20%61 Return-on-Tangible-Asset is 30.35% as of Mar. 2026, which is 501% above its 10-year median of 5.05. GuruFocus rates FRA:VTZ with a GF Score™ of 61/100 and a GF Value™ of €8.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,498 Hardware companies, Saf Tehnika ranks better than 96.04% 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. Saf Tehnika's annualizedNet Income for the quarter that ended in Mar. 2026 was €9.89 Mil. Saf Tehnika's average total tangible assets for the quarter that ended in Mar. 2026 was €32.58 Mil. Therefore, Saf Tehnika's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 30.35%.
The historical rank and industry rank for Saf Tehnika's Return-on-Tangible-Asset or its related term are showing as below:
FRA:VTZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.38 Med: 5.05 Max: 25.55
Current: 17.46
During the past 13 years, Saf Tehnika's highest Return-on-Tangible-Asset was 25.55%. The lowest was -9.38%. And the median was 5.05%.
FRA:VTZ's Return-on-Tangible-Asset is ranked better than 96.04% of 2498
companies
in the Hardware industry
Industry Median: 2.44
vs FRA:VTZ: 17.46
Saf Tehnika (FRA:VTZ) 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.
Saf Tehnika Return-on-Tangible-Asset Related Terms
Saf Tehnika Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Saf Tehnika'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:VTZ vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Saf Tehnika'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.
Saf Tehnika Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Saf Tehnika's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Saf Tehnika'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 30.35% mean?
Saf Tehnika (FRA:VTZ) has a Return-on-Tangible-Asset of 30.35% 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 Saf Tehnika and its competitors. This is 501% above median its historical median of 5.05. According to the industry distribution chart, Saf Tehnika ranks #99 out of 2498 companies in the Hardware industry, placing it in the top 4%.
Is Saf Tehnika's Return-on-Tangible-Asset too high?
Saf Tehnika's current Return-on-Tangible-Asset of 30.35% is 501% above median its 10-year median of 5.05. The Hardware industry median Return-on-Tangible-Asset is 2.44. Saf Tehnika's value of 30.35% is 1143.9% above this industry median. Based on the distribution chart, Saf Tehnika ranks #99 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Saf Tehnika has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saf Tehnika's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Saf Tehnika ranks #99 out of 2498 companies for Return-on-Tangible-Asset. This places Saf Tehnika in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Saf Tehnika's value of 30.35% is 1143.9% above this benchmark. While the company's 10-year median is 5.05 vs. the industry median of 2.44, Saf Tehnika 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 2.44, based on 2,498 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. Saf Tehnika's current Return-on-Tangible-Asset of 30.35% is 1143.9% 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 Saf Tehnika and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saf Tehnika's current Return-on-Tangible-Asset is 30.35%, which is 501% above median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saf Tehnika stock overvalued right now?
Based on GuruFocus' analysis, Saf Tehnika (FRA:VTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.42, compared to a current price of €11.60 — trading 37.8% above its estimated fair value. The current Return-on-Tangible-Asset is 30.35%, which is 501% above median its 10-year median of 5.05 and 1143.9% above the Hardware industry median of 2.44. Saf Tehnika's overall GF Score™ is 61/100 with 7 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 Saf Tehnika (FRA:VTZ), the current Return-on-Tangible-Asset is 30.35% 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 Saf Tehnika (FRA:VTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Saf Tehnika stock appears to be overvalued.
The current stock price of €11.60 is trading 37.8% above its estimated GF Value™ of €8.42.
GuruFocus considers Saf Tehnika to be Significantly Overvalued.
Key valuation signals for FRA:VTZ:
Return-on-Tangible-Asset: 30.35% (501% above median its 10-year median of 5.05)
GF Value™: €8.42 vs. price of €11.60 (37.8% above fair value)
Industry Position: 1143.9% above the Hardware median (#99 of 2498)
No single metric tells the full story. See the FRA:VTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saf Tehnika and its subsidiaries are engaged in the design, production, and distribution of microwave radio data transmission equipment thus offering an alternative to cable channels. The company offers products to mobile network operators, data service providers such as Internet service providers and telecommunications companies, as well as state institutions and private companies. The company also sells antennas, cables, OEM products, and other accessories purchased from other suppliers, as another structural unit. The company's segments are; CFIP, Integra, Spectrum, Compact, Aranet; and Other. It sells its product in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East, of which key sales revenue is generated from North and South America.
61GF Score
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