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. Next Technology Holding's annualizedNet Income for the quarter that ended in Mar. 2026 was €-366.25 Mil. Next Technology Holding's average total tangible assets for the quarter that ended in Mar. 2026 was €462.21 Mil. Therefore, Next Technology Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -79.24%.
The historical rank and industry rank for Next Technology Holding's Return-on-Tangible-Asset or its related term are showing as below:
FRA:ZP9'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.77 Med: 28.51 Max: 46.4
Current: -27.18
During the past 7 years, Next Technology Holding's highest Return-on-Tangible-Asset was 46.40%. The lowest was -27.77%. And the median was 28.51%.
FRA:ZP9's Return-on-Tangible-Asset is ranked worse than 80.75% of 2883
companies
in the Software industry
Industry Median: 2.02
vs FRA:ZP9: -27.18
Next Technology Holding (FRA:ZP9) 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.
Next Technology Holding Return-on-Tangible-Asset Related Terms
Next Technology Holding Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Next Technology Holding'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.
Next Technology Holding Return-on-Tangible-Asset Chart
FRA:ZP9 vs IDN, FRMM, ILLR: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Next Technology Holding'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 -79.24% mean?
Next Technology Holding (FRA:ZP9) has a Return-on-Tangible-Asset of -79.24% 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 Next Technology Holding and its competitors. According to the industry distribution chart, Next Technology Holding ranks #2328 out of 2883 companies in the Software industry, placing it in the top 80.7%.
Is Next Technology Holding's Return-on-Tangible-Asset too high?
Next Technology Holding's current Return-on-Tangible-Asset is -79.24%. Based on the distribution chart, Next Technology Holding ranks #2328 out of 2883 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Next Technology Holding has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Return-on-Tangible-Asset compare to IDN and FRMM?
According to the Software industry distribution chart, Next Technology Holding ranks #2328 out of 2883 companies for Return-on-Tangible-Asset. This places Next Technology Holding in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 2.02, based on 2,883 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 Next Technology Holding and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Technology Holding's current Return-on-Tangible-Asset is -79.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €6.02, compared to a current price of €1.09 — trading 81.9% below its estimated fair value. The current Return-on-Tangible-Asset is -79.24%. Next Technology Holding's overall GF Score™ is 29/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Return-on-Tangible-Asset is -79.24% 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €1.09 is trading 81.9% below its estimated GF Value™ of €6.02.
GuruFocus considers Next Technology Holding to be Possible Value Trap.
Key valuation signals for FRA:ZP9:
Return-on-Tangible-Asset: -79.24%
GF Value™: €6.02 vs. price of €1.09 (81.9% below fair value)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
29GF Score
Get the complete analysis for FRA:ZP9
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:ZP9 has been successfully added to your 
