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freenet AGFRTAY 70 Return-on-Tangible-Asset is 10.25% as of Mar. 2026, which is 2% below its 10-year median of 10.41. GuruFocus rates FRTAY with a GF Score™ of 70/100 and a GF Value™ of $17.49 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 365 Telecommunication Services companies, freenet AG ranks better than 92.6% 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. freenet AG's annualizedNet Income for the quarter that ended in Mar. 2026 was $220 Mil. freenet AG's average total tangible assets for the quarter that ended in Mar. 2026 was $2,148 Mil. Therefore, freenet AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.25%.
The historical rank and industry rank for freenet AG's Return-on-Tangible-Asset or its related term are showing as below:
FRTAY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.92 Med: 10.41 Max: 20.27
Current: 14.78
During the past 13 years, freenet AG's highest Return-on-Tangible-Asset was 20.27%. The lowest was 3.92%. And the median was 10.41%.
FRTAY's Return-on-Tangible-Asset is ranked better than 92.6% of 365
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs FRTAY: 14.78
freenet AG (OTCPK:FRTAY) 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.
freenet AG Return-on-Tangible-Asset Related Terms
freenet AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for freenet AG'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.
FRTAY vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, freenet AG'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.
freenet AG Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, freenet AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where freenet AG'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 10.25% mean?
freenet AG (FRTAY) has a Return-on-Tangible-Asset of 10.25% 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 freenet AG and its competitors. This is near median its historical median of 10.41. Over the past decade, freenet AG's Return-on-Tangible-Asset has ranged from 3.92 to 20.27. According to the industry distribution chart, freenet AG ranks #27 out of 365 companies in the Telecommunication Services industry, placing it in the top 7.4%.
Is freenet AG's Return-on-Tangible-Asset too high?
freenet AG's current Return-on-Tangible-Asset of 10.25% is near median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 20.27. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. freenet AG's value of 10.25% is 198.8% above this industry median. Based on the distribution chart, freenet AG ranks #27 out of 365 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, freenet AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does freenet AG's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, freenet AG ranks #27 out of 365 companies for Return-on-Tangible-Asset. This places freenet AG in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. freenet AG's value of 10.25% is 198.8% above this benchmark. Historically, freenet AG's own Return-on-Tangible-Asset has ranged from 3.92 to 20.27 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 3.43, freenet AG 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.43, based on 365 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. freenet AG's current Return-on-Tangible-Asset of 10.25% is 198.8% 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 freenet AG and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. freenet AG's current Return-on-Tangible-Asset is 10.25%, which is near median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is freenet AG stock overvalued right now?
Based on GuruFocus' analysis, freenet AG (FRTAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.49, compared to a current price of $13.67 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Asset is 10.25%, which is near median its 10-year median of 10.41 and 198.8% above the Telecommunication Services industry median of 3.43. freenet AG's overall GF Score™ is 70/100 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 freenet AG (FRTAY), the current Return-on-Tangible-Asset is 10.25% 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 freenet AG (FRTAY) Overvalued in 2026?
Based on GuruFocus' analysis, freenet AG stock appears to be undervalued.
The current stock price of $13.67 is trading 21.8% below its estimated GF Value™ of $17.49.
GuruFocus considers freenet AG to be Modestly Undervalued.
Key valuation signals for FRTAY:
Return-on-Tangible-Asset: 10.25% (near median its 10-year median of 10.41)
GF Value™: $17.49 vs. price of $13.67 (21.8% below fair value)
Industry Position: 198.8% above the Telecommunication Services median (#27 of 365)
No single metric tells the full story. See the FRTAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
freenet AG is a German mobile communication and mobile internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand technique. The company has three operating segments: Mobile communications, TV and media, and Other/holding. The Mobile communications segment generates the majority of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.
70GF Score
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