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Private Assets SE KGaAHAM:LSNA 20 Return-on-Tangible-Asset is 14.26% as of Dec. 2025. GuruFocus rates HAM:LSNA with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 1,635 Asset Management companies, Private Assets SE KGaA ranks worse than 70.58% 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. Private Assets SE KGaA's annualizedNet Income for the quarter that ended in Dec. 2025 was €14.3 Mil. Private Assets SE KGaA's average total tangible assets for the quarter that ended in Dec. 2025 was €100.6 Mil. Therefore, Private Assets SE KGaA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.26%.
The historical rank and industry rank for Private Assets SE KGaA's Return-on-Tangible-Asset or its related term are showing as below:
HAM:LSNA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -557.72 Med: -34.29 Max: 21.2
Current: 0.52
During the past 13 years, Private Assets SE KGaA's highest Return-on-Tangible-Asset was 21.20%. The lowest was -557.72%. And the median was -34.29%.
HAM:LSNA's Return-on-Tangible-Asset is ranked worse than 70.58% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs HAM:LSNA: 0.52
Private Assets SE KGaA (HAM:LSNA) 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.
Private Assets SE KGaA Return-on-Tangible-Asset Related Terms
Private Assets SE KGaA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Private Assets SE KGaA'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.
Private Assets SE KGaA Return-on-Tangible-Asset Chart
HAM:LSNA vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Private Assets SE KGaA'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.
Private Assets SE KGaA Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Private Assets SE KGaA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Private Assets SE KGaA'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 14.26% mean?
Private Assets SE KGaA (HAM:LSNA) has a Return-on-Tangible-Asset of 14.26% 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 Private Assets SE KGaA and its competitors. According to the industry distribution chart, Private Assets SE KGaA ranks #1154 out of 1635 companies in the Asset Management industry, placing it in the top 70.6%.
Is Private Assets SE KGaA's Return-on-Tangible-Asset too high?
Private Assets SE KGaA's current Return-on-Tangible-Asset is 14.26%. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Private Assets SE KGaA's value of 14.26% is 237.1% above this industry median. Based on the distribution chart, Private Assets SE KGaA ranks #1154 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, Private Assets SE KGaA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Private Assets SE KGaA's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Private Assets SE KGaA ranks #1154 out of 1635 companies for Return-on-Tangible-Asset. This places Private Assets SE KGaA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Private Assets SE KGaA's value of 14.26% is 237.1% above this benchmark. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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. Private Assets SE KGaA's current Return-on-Tangible-Asset of 14.26% is 237.1% 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 Private Assets SE KGaA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Private Assets SE KGaA's current Return-on-Tangible-Asset is 14.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Private Assets SE KGaA stock overvalued right now?
Private Assets SE KGaA (HAM:LSNA) has a current Return-on-Tangible-Asset of 14.26%. The current Return-on-Tangible-Asset is 14.26% and 237.1% above the Asset Management industry median of 4.23. Private Assets SE KGaA's overall GF Score™ is 20/100 with 8 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 Private Assets SE KGaA (HAM:LSNA), the current Return-on-Tangible-Asset is 14.26% 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.
Private Assets SE & Co KGaA is a Hamburg-based investment company that specializes in corporate investments in special situations. It invests in companies with open succession issues, corporate spin-offs, and medium-sized companies that are currently underperforming.
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