DISO Verwaltungs AG (HAM:MT3) Return-on-Tangible-Asset: 12.05% (As of Dec. 2024) — 849% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:MT3 DISO Verwaltungs AG HAM:MT3
42 GF Score
Price €1.03
! 1 Warning Sign
View Full Analysis

What is DISO Verwaltungs AG Return-on-Tangible-Asset?

DISO Verwaltungs AG HAM:MT3 42 Return-on-Tangible-Asset is 12.05% as of Dec. 2024, which is 849% above its 10-year median of 1.27. GuruFocus rates HAM:MT3 with a GF Score™ of 42/100. The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, DISO Verwaltungs AG ranks better than 90.72% 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. DISO Verwaltungs AG's annualized Net Income for the quarter that ended in Dec. 2024 was €1.54 Mil. DISO Verwaltungs AG's average total tangible assets for the quarter that ended in Dec. 2024 was €12.81 Mil. Therefore, DISO Verwaltungs AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 12.05%.

The historical rank and industry rank for DISO Verwaltungs AG's Return-on-Tangible-Asset or its related term are showing as below:

HAM:MT3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.19   Med: 1.27   Max: 12.05
Current: 12.05

During the past 13 years, DISO Verwaltungs AG's highest Return-on-Tangible-Asset was 12.05%. The lowest was -8.19%. And the median was 1.27%.

HAM:MT3's Return-on-Tangible-Asset is ranked better than
90.72% of 2501 companies
in the Hardware industry
Industry Median: 2.44 vs HAM:MT3: 12.05

DISO Verwaltungs AG  (HAM:MT3) 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 company’s 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 company’s 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.


DISO Verwaltungs AG Return-on-Tangible-Asset Related Terms


DISO Verwaltungs AG Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for DISO Verwaltungs 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.

DISO Verwaltungs AG Return-on-Tangible-Asset Chart

DISO Verwaltungs AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 1.32 4.25 -1.56 12.05

DISO Verwaltungs AG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.47 1.32 4.25 -1.56 12.05

HAM:MT3 vs DELL, ANET, SNDK: Return-on-Tangible-Asset Comparison

For the Computer Hardware subindustry, DISO Verwaltungs 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.


DISO Verwaltungs AG Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, DISO Verwaltungs AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where DISO Verwaltungs AG's Return-on-Tangible-Asset falls into.


HAM:MT3
42GF Score
DISO Verwaltungs AG HAM:MT3
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DISO Verwaltungs AG Return-on-Tangible-Asset Calculation

DISO Verwaltungs AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1.544/( (23.194+2.426)/ 2 )
=1.544/12.81
=12.05 %

DISO Verwaltungs AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=1.544/( (23.194+2.426)/ 2 )
=1.544/12.81
=12.05 %

* 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. 2024) net income data.

What does a Return-on-Tangible-Asset of 12.05% mean?
DISO Verwaltungs AG (HAM:MT3) has a Return-on-Tangible-Asset of 12.05% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on DISO Verwaltungs AG and its competitors. This is 849% above median its historical median of 1.27. According to the industry distribution chart, DISO Verwaltungs AG ranks #232 out of 2501 companies in the Hardware industry, placing it in the top 9.3%.
Is DISO Verwaltungs AG's Return-on-Tangible-Asset too high?
DISO Verwaltungs AG's current Return-on-Tangible-Asset of 12.05% is 849% above median its 10-year median of 1.27. The Hardware industry median Return-on-Tangible-Asset is 2.44. DISO Verwaltungs AG's value of 12.05% is 393.9% above this industry median. Based on the distribution chart, DISO Verwaltungs AG ranks #232 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DISO Verwaltungs AG has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does DISO Verwaltungs AG's Return-on-Tangible-Asset compare to DELL and ANET?
According to the Hardware industry distribution chart, DISO Verwaltungs AG ranks #232 out of 2501 companies for Return-on-Tangible-Asset. This places DISO Verwaltungs AG in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. DISO Verwaltungs AG's value of 12.05% is 393.9% above this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 2.44, DISO Verwaltungs 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,501 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. DISO Verwaltungs AG's current Return-on-Tangible-Asset of 12.05% is 393.9% 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 DISO Verwaltungs AG and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DISO Verwaltungs AG's current Return-on-Tangible-Asset is 12.05%, which is 849% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DISO Verwaltungs AG stock overvalued right now?
DISO Verwaltungs AG (HAM:MT3) has a current Return-on-Tangible-Asset of 12.05%. The current Return-on-Tangible-Asset is 12.05%, which is 849% above median its 10-year median of 1.27 and 393.9% above the Hardware industry median of 2.44. DISO Verwaltungs AG's overall GF Score™ is 42/100 with 1 warning sign 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 DISO Verwaltungs AG (HAM:MT3), the current Return-on-Tangible-Asset is 12.05% as of Dec. 2024. 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.

DISO Verwaltungs AG Business Description

Address Am Kirchberg 23, Esslingen, DEU, 73734
DISO Verwaltungs AG provides, markets, sells, and supports Matica brand secure credential solutions. It provides ID card and high-security identification solutions through the brand name EDIsecure and IDExpert. It also provides systems for desktop laser engraving, e-passport printing, and high-volume financial card central issuance.
42GF Score

Get the complete analysis for HAM:MT3

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.03
Price