Cirata (FRA:WD4) Return-on-Tangible-Asset: 99.62% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:WD4 Cirata PLC FRA:WD4
45 GF Score
Price €0.16
GF Value €0.52
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Cirata Return-on-Tangible-Asset?

Cirata FRA:WD4 +8.84% 45 Return-on-Tangible-Asset is 99.62% as of Dec. 2025. GuruFocus rates FRA:WD4 with a GF Score™ of 45/100 and a GF Value™ of €0.52 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,886 Software companies, Cirata ranks worse than 85.97% 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. Cirata's annualized Net Income for the quarter that ended in Dec. 2025 was €10.15 Mil. Cirata's average total tangible assets for the quarter that ended in Dec. 2025 was €10.19 Mil. Therefore, Cirata's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 99.62%.

The historical rank and industry rank for Cirata's Return-on-Tangible-Asset or its related term are showing as below:

FRA:WD4' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -146.74   Med: -87.13   Max: -48.79
Current: -52.84

During the past 13 years, Cirata's highest Return-on-Tangible-Asset was -48.79%. The lowest was -146.74%. And the median was -87.13%.

FRA:WD4's Return-on-Tangible-Asset is ranked worse than
85.97% of 2886 companies
in the Software industry
Industry Median: 2.04 vs FRA:WD4: -52.84

Cirata  (FRA:WD4) 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 company’s 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 company’s 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.


Cirata Return-on-Tangible-Asset Related Terms


Cirata Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Cirata'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.

Cirata Return-on-Tangible-Asset Chart

Cirata Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.44 -98.31 -147.49 -72.79 -47.35

Cirata Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -177.34 -97.06 -64.88 -194.78 99.62

FRA:WD4 vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Cirata'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.


Cirata Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Cirata's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cirata's Return-on-Tangible-Asset falls into.


FRA:WD4
45GF Score
Cirata PLC FRA:WD4
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cirata Return-on-Tangible-Asset Calculation

Cirata's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-6.07/( (14.251+11.389)/ 2 )
=-6.07/12.82
=-47.35 %

Cirata's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=10.148/( (8.984+11.389)/ 2 )
=10.148/10.1865
=99.62 %

* 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 99.62% mean?
Cirata (FRA:WD4) has a Return-on-Tangible-Asset of 99.62% 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 Cirata and its competitors. According to the industry distribution chart, Cirata ranks #2481 out of 2886 companies in the Software industry, placing it in the top 86%.
Is Cirata's Return-on-Tangible-Asset too high?
Cirata's current Return-on-Tangible-Asset is 99.62%. The Software industry median Return-on-Tangible-Asset is 2.04. Cirata's value of 99.62% is 4783.3% above this industry median. Based on the distribution chart, Cirata ranks #2481 out of 2886 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cirata has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cirata's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Cirata ranks #2481 out of 2886 companies for Return-on-Tangible-Asset. This places Cirata in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Cirata's value of 99.62% is 4783.3% 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 2.04, 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. Cirata's current Return-on-Tangible-Asset of 99.62% is 4783.3% 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 Cirata and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cirata's current Return-on-Tangible-Asset is 99.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirata stock overvalued right now?
Based on GuruFocus' analysis, Cirata (FRA:WD4) is currently considered Possible Value Trap. The stock's GF Value™ is €0.52, compared to a current price of €0.16 — trading 69.2% below its estimated fair value. The current Return-on-Tangible-Asset is 99.62% and 4783.3% above the Software industry median of 2.04. Cirata's overall GF Score™ is 45/100 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 Cirata (FRA:WD4), the current Return-on-Tangible-Asset is 99.62% 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 Cirata (FRA:WD4) Overvalued in 2026?

Based on GuruFocus' analysis, Cirata stock appears to be undervalued. The current stock price of €0.16 is trading 69.2% below its estimated GF Value™ of €0.52. GuruFocus considers Cirata to be Possible Value Trap.

Key valuation signals for FRA:WD4:

  • Return-on-Tangible-Asset: 99.62%
  • GF Value™: €0.52 vs. price of €0.16 (69.2% below fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 4783.3% above the Software median (#2481 of 2886)

No single metric tells the full story. See the FRA:WD4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cirata Business Description

Other Exchanges WANSF:USACRTA:UK
Address 8 Bishopsgate, London, GBR, EC2N 4BQ
Cirata PLC is a provider of collaboration software for the software development industry. The company offers Active Data Replication, a patented technology that enables the replication of continuously changing data to the cloud and on-premises data centers. The company serves data and source code management markets. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, and other related services. The company currently operates in geographical markets namely: North America, United Kingdom, and the Rest of the World. The majority of the company's revenue is generated from North America.
45GF Score

Get the complete analysis for FRA:WD4

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.16
Price
€0.52
GF Value