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.
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.
The historical rank and industry rank for SSH Communications Security Oyj's Return-on-Tangible-Asset or its related term are showing as below:
FRA:XXH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -65.5 Med: -11.93 Max: 4.44
Current: -13.31
During the past 13 years, SSH Communications Security Oyj's highest Return-on-Tangible-Asset was 4.44%. The lowest was -65.50%. And the median was -11.93%.
FRA:XXH's Return-on-Tangible-Asset is ranked worse than 74.37% of 2895
companies
in the Software industry
Industry Median: 2.1
vs FRA:XXH: -13.31
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.
SSH Communications Security Oyj Return-on-Tangible-Asset Related Terms
SSH Communications Security Oyj 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.
FRA:XXH vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.
SSH Communications Security Oyj Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, SSH Communications Security Oyj's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SSH Communications Security Oyj'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -18.14% mean?
SSH Communications Security Oyj (FRA:XXH) has a Return-on-Tangible-Asset of -18.14% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SSH Communications Security Oyj and its competitors. According to the industry distribution chart, SSH Communications Security Oyj ranks #2153 out of 2895 companies in the Software industry, placing it in the top 74.4%.
Is SSH Communications Security Oyj's Return-on-Tangible-Asset too high?
SSH Communications Security Oyj's current Return-on-Tangible-Asset is -18.14%. Based on the distribution chart, SSH Communications Security Oyj ranks #2153 out of 2895 companies in the Software industry, which is below the industry midpoint. Overall, SSH Communications Security Oyj has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSH Communications Security Oyj's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, SSH Communications Security Oyj ranks #2153 out of 2895 companies for Return-on-Tangible-Asset. This places SSH Communications Security Oyj in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. 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 2.10, based on 2,895 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 SSH Communications Security Oyj and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSH Communications Security Oyj's current Return-on-Tangible-Asset is -18.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSH Communications Security Oyj stock overvalued right now?
Based on GuruFocus' analysis, SSH Communications Security Oyj (FRA:XXH) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €1.66 — trading 37.5% above its estimated fair value. The current Return-on-Tangible-Asset is -18.14%. SSH Communications Security Oyj's overall GF Score™ is 63/100 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 SSH Communications Security Oyj (FRA:XXH), the current Return-on-Tangible-Asset is -18.14% as of Jun. 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 SSH Communications Security Oyj (FRA:XXH) Overvalued in 2026?
Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued.
The current stock price of €1.66 is trading 37.5% above its estimated GF Value™ of €1.21.
GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.
Key valuation signals for FRA:XXH:
Return-on-Tangible-Asset: -18.14%
GF Value™: €1.21 vs. price of €1.66 (37.5% above fair value)
No single metric tells the full story. See the FRA:XXH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
63GF Score
Get the complete analysis for FRA:XXH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:XXH has been successfully added to your 
