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ifa systems AGHAM:IS8 +1.00%61 Return-on-Tangible-Asset is 3.32% as of Dec. 2025, which is 1% below its 10-year median of 3.35. GuruFocus rates HAM:IS8 with a GF Score™ of 61/100 and a GF Value™ of €2.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 679 Healthcare Providers & Services companies, ifa systems AG ranks better than 53.31% 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. ifa systems AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.18 Mil. ifa systems AG's average total tangible assets for the quarter that ended in Dec. 2025 was €5.27 Mil. Therefore, ifa systems AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.32%.
The historical rank and industry rank for ifa systems AG's Return-on-Tangible-Asset or its related term are showing as below:
HAM:IS8'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -161.92 Med: 3.35 Max: 30.94
Current: 3.32
During the past 13 years, ifa systems AG's highest Return-on-Tangible-Asset was 30.94%. The lowest was -161.92%. And the median was 3.35%.
HAM:IS8's Return-on-Tangible-Asset is ranked better than 53.31% of 679
companies
in the Healthcare Providers & Services industry
Industry Median: 2.51
vs HAM:IS8: 3.32
ifa systems AG (HAM:IS8) 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.
ifa systems AG Return-on-Tangible-Asset Related Terms
ifa systems AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ifa systems 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.
HAM:IS8 vs VEEV, BTSG, HQY: Return-on-Tangible-Asset Comparison
For the Health Information Services subindustry, ifa systems 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.
ifa systems AG Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, ifa systems AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ifa systems 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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.32% mean?
ifa systems AG (HAM:IS8) has a Return-on-Tangible-Asset of 3.32% 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 ifa systems AG and its competitors. This is near median its historical median of 3.35. According to the industry distribution chart, ifa systems AG ranks #317 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 46.7%.
Is ifa systems AG's Return-on-Tangible-Asset too high?
ifa systems AG's current Return-on-Tangible-Asset of 3.32% is near median its 10-year median of 3.35. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.51. ifa systems AG's value of 3.32% is 32.3% above this industry median. Based on the distribution chart, ifa systems AG ranks #317 out of 679 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, ifa systems AG has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ifa systems AG's Return-on-Tangible-Asset compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, ifa systems AG ranks #317 out of 679 companies for Return-on-Tangible-Asset. This puts ifa systems AG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.51. ifa systems AG's value of 3.32% is 32.3% above this benchmark. While the company's 10-year median is 3.35 vs. the industry median of 2.51, ifa systems 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.51, based on 679 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. ifa systems AG's current Return-on-Tangible-Asset of 3.32% is 32.3% 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 ifa systems AG and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ifa systems AG's current Return-on-Tangible-Asset is 3.32%, which is near median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ifa systems AG stock overvalued right now?
Based on GuruFocus' analysis, ifa systems AG (HAM:IS8) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.50, compared to a current price of €2.02 — trading 19.2% below its estimated fair value. The current Return-on-Tangible-Asset is 3.32%, which is near median its 10-year median of 3.35 and 32.3% above the Healthcare Providers & Services industry median of 2.51. ifa systems AG's overall GF Score™ is 61/100 with 4 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 ifa systems AG (HAM:IS8), the current Return-on-Tangible-Asset is 3.32% 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 ifa systems AG (HAM:IS8) Overvalued in 2026?
Based on GuruFocus' analysis, ifa systems AG stock appears to be undervalued.
The current stock price of €2.02 is trading 19.2% below its estimated GF Value™ of €2.50.
GuruFocus considers ifa systems AG to be Modestly Undervalued.
Key valuation signals for HAM:IS8:
Return-on-Tangible-Asset: 3.32% (near median its 10-year median of 3.35)
GF Value™: €2.50 vs. price of €2.02 (19.2% below fair value)
Industry Position: 32.3% above the Healthcare Providers & Services median (#317 of 679)
No single metric tells the full story. See the HAM:IS8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ifa systems AG develops, distributes and installs software solutions and components for ophthalmologists and eye clinics in the fast-growing health IT industry. Its products are divided into the Clinic, Practice, and Language Versions. Some of its product includes EMR (Electronic Medical Records); MDI (Medical Device Interface); Software Connection Platform; CDSS (Clinical Decision Support System); WFM Software (Workflow Management) and others.
61GF Score
Get the complete analysis for HAM:IS8
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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