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AutodeskHAM:AUD +5.34%86 Return-on-Tangible-Asset is 26.52% as of Apr. 2026, which is 94% above its 10-year median of 13.64. GuruFocus rates HAM:AUD with a GF Score™ of 86/100 and a GF Value™ of €308.23 (Significantly Undervalued). Among 2,893 Software companies, Autodesk ranks better than 92.71% 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. Autodesk's annualizedNet Income for the quarter that ended in Apr. 2026 was €1,679 Mil. Autodesk's average total tangible assets for the quarter that ended in Apr. 2026 was €6,332 Mil. Therefore, Autodesk's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 26.52%.
The historical rank and industry rank for Autodesk's Return-on-Tangible-Asset or its related term are showing as below:
HAM:AUD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.33 Med: 13.64 Max: 30.58
Current: 22.1
During the past 13 years, Autodesk's highest Return-on-Tangible-Asset was 30.58%. The lowest was -20.33%. And the median was 13.64%.
HAM:AUD's Return-on-Tangible-Asset is ranked better than 92.71% of 2893
companies
in the Software industry
Industry Median: 2.07
vs HAM:AUD: 22.10
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.
Autodesk Return-on-Tangible-Asset Related Terms
Autodesk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Autodesk'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.
HAM:AUD vs PAYX, ROP, MSTR: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Autodesk'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.
Autodesk Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Autodesk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Autodesk'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 26.52% mean?
Autodesk (HAM:AUD) has a Return-on-Tangible-Asset of 26.52% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Autodesk and its competitors. This is 94% above median its historical median of 13.64. According to the industry distribution chart, Autodesk ranks #211 out of 2893 companies in the Software industry, placing it in the top 7.3%.
Is Autodesk's Return-on-Tangible-Asset too high?
Autodesk's current Return-on-Tangible-Asset of 26.52% is 94% above median its 10-year median of 13.64. The Software industry median Return-on-Tangible-Asset is 2.07. Autodesk's value of 26.52% is 1181.2% above this industry median. Based on the distribution chart, Autodesk ranks #211 out of 2893 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Autodesk has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Autodesk's Return-on-Tangible-Asset compare to PAYX and ROP?
According to the Software industry distribution chart, Autodesk ranks #211 out of 2893 companies for Return-on-Tangible-Asset. This places Autodesk in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Autodesk's value of 26.52% is 1181.2% above this benchmark. While the company's 10-year median is 13.64 vs. the industry median of 2.07, Autodesk 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,893 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. Autodesk's current Return-on-Tangible-Asset of 26.52% is 1181.2% 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 Autodesk and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Autodesk's current Return-on-Tangible-Asset is 26.52%, which is 94% above median its own 10-year median of 13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Autodesk stock overvalued right now?
Based on GuruFocus' analysis, Autodesk (HAM:AUD) is currently considered Significantly Undervalued. The stock's GF Value™ is €308.23, compared to a current price of €187.74 — trading 39.1% below its estimated fair value. The current Return-on-Tangible-Asset is 26.52%, which is 94% above median its 10-year median of 13.64 and 1181.2% above the Software industry median of 2.07. Autodesk's overall GF Score™ is 86/100. 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 Autodesk (HAM:AUD), the current Return-on-Tangible-Asset is 26.52% as of Apr. 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 Autodesk (HAM:AUD) Overvalued in 2026?
Based on GuruFocus' analysis, Autodesk stock appears to be undervalued.
The current stock price of €187.74 is trading 39.1% below its estimated GF Value™ of €308.23.
GuruFocus considers Autodesk to be Significantly Undervalued.
Key valuation signals for HAM:AUD:
Return-on-Tangible-Asset: 26.52% (94% above median its 10-year median of 13.64)
GF Value™: €308.23 vs. price of €187.74 (39.1% below fair value)
Industry Position: 1181.2% above the Software median (#211 of 2893)
No single metric tells the full story. See the HAM:AUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1982, Autodesk is a multinational software company best known for pioneering computer-aided design, or CAD, with its AutoCAD product. Nowadays, Autodesk provides design software for a variety of verticals, including architecture & construction, manufacturing, and media & entertainment. Autodesk products have been used in some of the world's most iconic landmarks, like Burj Khalifa, and well-known movie titles like Avatar.
86GF Score
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