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Qilu Expressway CoFRA:Z5E -0.55%61 Return-on-Tangible-Asset is 7.95% as of Dec. 2025, which is 76% below its 10-year median of 32.72. GuruFocus rates FRA:Z5E with a GF Score™ of 61/100 and a GF Value™ of €0.09. The stock has 11 warning signs investors should review. Among 1,788 Construction companies, Qilu Expressway Co ranks better than 79.7% 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. Qilu Expressway Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €44.3 Mil. Qilu Expressway Co's average total tangible assets for the quarter that ended in Dec. 2025 was €556.6 Mil. Therefore, Qilu Expressway Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.95%.
The historical rank and industry rank for Qilu Expressway Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:Z5E'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.37 Med: 32.72 Max: 73.93
Current: 8.37
During the past 11 years, Qilu Expressway Co's highest Return-on-Tangible-Asset was 73.93%. The lowest was 8.37%. And the median was 32.72%.
FRA:Z5E's Return-on-Tangible-Asset is ranked better than 79.7% of 1788
companies
in the Construction industry
Industry Median: 3.085
vs FRA:Z5E: 8.37
Qilu Expressway Co (FRA:Z5E) 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.
Qilu Expressway Co Return-on-Tangible-Asset Related Terms
Qilu Expressway Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Qilu Expressway Co'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.
Qilu Expressway Co Return-on-Tangible-Asset Competitor Comparison
For the Infrastructure Operations subindustry, Qilu Expressway Co'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.
Qilu Expressway Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Qilu Expressway Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Qilu Expressway Co'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 7.95% mean?
Qilu Expressway Co (FRA:Z5E) has a Return-on-Tangible-Asset of 7.95% 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 Qilu Expressway Co and its competitors. This is 76% below median its historical median of 32.72. Over the past decade, Qilu Expressway Co's Return-on-Tangible-Asset has ranged from 8.37 to 73.93. According to the industry distribution chart, Qilu Expressway Co ranks #363 out of 1788 companies in the Construction industry, placing it in the top 20.3%.
Is Qilu Expressway Co's Return-on-Tangible-Asset too high?
Qilu Expressway Co's current Return-on-Tangible-Asset of 7.95% is 76% below median its 10-year median of 32.72. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 73.93. The Construction industry median Return-on-Tangible-Asset is 3.09. Qilu Expressway Co's value of 7.95% is 157.7% above this industry median. Based on the distribution chart, Qilu Expressway Co ranks #363 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Qilu Expressway Co has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Qilu Expressway Co's Return-on-Tangible-Asset compare to competitors?
According to the Construction industry distribution chart, Qilu Expressway Co ranks #363 out of 1788 companies for Return-on-Tangible-Asset. This places Qilu Expressway Co in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Qilu Expressway Co's value of 7.95% is 157.7% above this benchmark. Historically, Qilu Expressway Co's own Return-on-Tangible-Asset has ranged from 8.37 to 73.93 over the past decade. While the company's 10-year median is 32.72 vs. the industry median of 3.09, Qilu Expressway Co 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.09, based on 1,788 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. Qilu Expressway Co's current Return-on-Tangible-Asset of 7.95% is 157.7% 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 Qilu Expressway Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qilu Expressway Co's current Return-on-Tangible-Asset is 7.95%, which is 76% below median its own 10-year median of 32.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qilu Expressway Co stock overvalued right now?
Qilu Expressway Co (FRA:Z5E) has a current Return-on-Tangible-Asset of 7.95%. The stock's GF Value™ is €0.09, compared to a current price of €0.18 — trading 101.1% above its estimated fair value. The current Return-on-Tangible-Asset is 7.95%, which is 76% below median its 10-year median of 32.72 and 157.7% above the Construction industry median of 3.09. Qilu Expressway Co's overall GF Score™ is 61/100 with 11 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 Qilu Expressway Co (FRA:Z5E), the current Return-on-Tangible-Asset is 7.95% 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 Qilu Expressway Co (FRA:Z5E) Overvalued in 2026?
Based on GuruFocus' analysis, Qilu Expressway Co stock appears to be overvalued.
The current stock price of €0.18 is trading 101.1% above its estimated GF Value™ of €0.09.
Key valuation signals for FRA:Z5E:
Return-on-Tangible-Asset: 7.95% (76% below median its 10-year median of 32.72)
GF Value™: €0.09 vs. price of €0.18 (101.1% above fair value)
Industry Position: 157.7% above the Construction median (#363 of 1788)
No single metric tells the full story. See the FRA:Z5E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qilu Expressway Co Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.
61GF Score
Get the complete analysis for FRA:Z5E
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