Xaar (FRA:XAR) Return-on-Tangible-Asset: -0.86% (As of Dec. 2025)

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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.
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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:XAR Xaar PLC FRA:XAR
76 GF Score
Price €1.34
GF Value €1.43
Valuation Fairly Valued
! 2 Warning Signs
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What is Xaar Return-on-Tangible-Asset?

Xaar FRA:XAR +0.75% 76 Return-on-Tangible-Asset is -0.86% as of Dec. 2025. GuruFocus rates FRA:XAR with a GF Score™ of 76/100 and a GF Value™ of €1.43 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,501 Hardware companies, Xaar ranks worse than 79.09% 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. Xaar's annualized Net Income for the quarter that ended in Dec. 2025 was €-0.64 Mil. Xaar's average total tangible assets for the quarter that ended in Dec. 2025 was €74.83 Mil. Therefore, Xaar's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.86%.

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

FRA:XAR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -74.27   Med: -3.93   Max: 20.41
Current: -5.13

During the past 13 years, Xaar's highest Return-on-Tangible-Asset was 20.41%. The lowest was -74.27%. And the median was -3.93%.

FRA:XAR's Return-on-Tangible-Asset is ranked worse than
79.09% of 2501 companies
in the Hardware industry
Industry Median: 2.44 vs FRA:XAR: -5.13

Xaar  (FRA:XAR) 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.


Xaar Return-on-Tangible-Asset Related Terms


Xaar Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Xaar'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.

Xaar Return-on-Tangible-Asset Chart

Xaar 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 20.95 1.81 -2.84 -14.47 -4.88

Xaar 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 -2.48 -6.38 -21.95 -9.28 -0.86

FRA:XAR vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison

For the Computer Hardware subindustry, Xaar'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.


Xaar Return-on-Tangible-Asset vs Hardware Industry

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

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


FRA:XAR
76GF Score
Xaar PLC FRA:XAR
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xaar Return-on-Tangible-Asset Calculation

Xaar'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 )
=-3.877/( (83.533+75.463)/ 2 )
=-3.877/79.498
=-4.88 %

Xaar'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 )
=-0.64/( (74.203+75.463)/ 2 )
=-0.64/74.833
=-0.86 %

* 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 -0.86% mean?
Xaar (FRA:XAR) has a Return-on-Tangible-Asset of -0.86% 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 Xaar and its competitors. According to the industry distribution chart, Xaar ranks #1978 out of 2501 companies in the Hardware industry, placing it in the top 79.1%.
Is Xaar's Return-on-Tangible-Asset too high?
Xaar's current Return-on-Tangible-Asset is -0.86%. Based on the distribution chart, Xaar ranks #1978 out of 2501 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Xaar has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xaar's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, Xaar ranks #1978 out of 2501 companies for Return-on-Tangible-Asset. This places Xaar in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. 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 2,501 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. 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 Xaar 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. Xaar's current Return-on-Tangible-Asset is -0.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xaar stock overvalued right now?
Based on GuruFocus' analysis, Xaar (FRA:XAR) is currently considered Fairly Valued. The stock's GF Value™ is €1.43, compared to a current price of €1.34 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Asset is -0.86%. Xaar's overall GF Score™ is 76/100 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 Xaar (FRA:XAR), the current Return-on-Tangible-Asset is -0.86% 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 Xaar (FRA:XAR) Overvalued in 2026?

Based on GuruFocus' analysis, Xaar stock appears to be undervalued. The current stock price of €1.34 is trading 6.3% below its estimated GF Value™ of €1.43. GuruFocus considers Xaar to be Fairly Valued.

Key valuation signals for FRA:XAR:

  • Return-on-Tangible-Asset: -0.86%
  • GF Value™: €1.43 vs. price of €1.34 (6.3% below fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Xaar Business Description

Other Exchanges XARl:UKXAR:UK
Address 3950 Cambridge Research Park, Waterbeach, Cambridge, GBR, CB25 9PE
Xaar PLC is a digital inkjet technology company. It designs and manufactures printheads, product print systems, and Ink supply systems, which it sells globally to Original Equipment Manufacturers (OEMs) and User Developer Integrators (UDIs). The Group's technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding, as well as printing with specialist functional fluids for manufacturing techniques. Its operations are reported under the following segments: Printhead, which generates the maximum revenue, EPS, and Megnajet. Geographically, the Group generates maximum revenue from the Americas, followed by EMEA, China, and the Rest of Asia Pacific.
76GF Score

Get the complete analysis for FRA:XAR

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

€1.34
Price
€1.43
GF Value