Basf SEHAM:BAS -0.60%71 Return-on-Tangible-Asset is 5.36% as of Mar. 2026, which is 17% above its 10-year median of 4.59. GuruFocus rates HAM:BAS with a GF Score™ of 71/100 and a GF Value™ of €42.54 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,609 Chemicals companies, Basf SE ranks worse than 54.38% 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. Basf SE's annualizedNet Income for the quarter that ended in Mar. 2026 was €3,708 Mil. Basf SE's average total tangible assets for the quarter that ended in Mar. 2026 was €69,193 Mil. Therefore, Basf SE's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.36%.
The historical rank and industry rank for Basf SE's Return-on-Tangible-Asset or its related term are showing as below:
HAM:BAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.52 Med: 4.59 Max: 11.83
Current: 2.54
During the past 13 years, Basf SE's highest Return-on-Tangible-Asset was 11.83%. The lowest was -1.52%. And the median was 4.59%.
HAM:BAS's Return-on-Tangible-Asset is ranked worse than 54.38% of 1609
companies
in the Chemicals industry
Industry Median: 3.07
vs HAM:BAS: 2.54
Basf SE (HAM:BAS) 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.
Basf SE Return-on-Tangible-Asset Related Terms
Basf SE Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Basf SE'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:BAS vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Basf SE'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.
Basf SE Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Basf SE's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Basf SE'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 5.36% mean?
Basf SE (HAM:BAS) has a Return-on-Tangible-Asset of 5.36% 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 Basf SE and its competitors. This is 17% above median its historical median of 4.59. According to the industry distribution chart, Basf SE ranks #875 out of 1609 companies in the Chemicals industry, placing it in the top 54.4%.
Is Basf SE's Return-on-Tangible-Asset too high?
Basf SE's current Return-on-Tangible-Asset of 5.36% is 17% above median its 10-year median of 4.59. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Basf SE's value of 5.36% is 74.6% above this industry median. Based on the distribution chart, Basf SE ranks #875 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, Basf SE has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Basf SE's Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Basf SE ranks #875 out of 1609 companies for Return-on-Tangible-Asset. This places Basf SE in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Basf SE's value of 5.36% is 74.6% above this benchmark. While the company's 10-year median is 4.59 vs. the industry median of 3.07, Basf SE 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,609 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. Basf SE's current Return-on-Tangible-Asset of 5.36% is 74.6% 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 Basf SE and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basf SE's current Return-on-Tangible-Asset is 5.36%, which is 17% above median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basf SE stock overvalued right now?
Based on GuruFocus' analysis, Basf SE (HAM:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €42.54, compared to a current price of €47.49 — trading 11.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.36%, which is 17% above median its 10-year median of 4.59 and 74.6% above the Chemicals industry median of 3.07. Basf SE's overall GF Score™ is 71/100 with 5 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 Basf SE (HAM:BAS), the current Return-on-Tangible-Asset is 5.36% 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 Basf SE (HAM:BAS) Overvalued in 2026?
Based on GuruFocus' analysis, Basf SE stock appears to be overvalued.
The current stock price of €47.49 is trading 11.6% above its estimated GF Value™ of €42.54.
GuruFocus considers Basf SE to be Modestly Overvalued.
Key valuation signals for HAM:BAS:
Return-on-Tangible-Asset: 5.36% (17% above median its 10-year median of 4.59)
GF Value™: €42.54 vs. price of €47.49 (11.6% above fair value)
Industry Position: 74.6% above the Chemicals median (#875 of 1609)
No single metric tells the full story. See the HAM:BAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BASF is one of the world's leading chemical companies. It's headquartered in Germany near the Rhine River, which helps with logistics-related savings. Founded in 1865, it produces a vast array of chemicals, plastics, resins, and agricultural solutions. While the company serves multiple industries, it most prominently serves the automotive, agricultural, construction, and pharmaceutical industries. BASF is a first mover in the energy transition and aims to rapidly expand its recycled and bio-based product portfolio.
71GF Score
Get the complete analysis for HAM:BAS
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
HAM:BAS has been successfully added to your 
