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Hansen TechnologiesHANOF 87 Return-on-Tangible-Asset is 19.86% as of Dec. 2025, which is 11% below its 10-year median of 22.28. GuruFocus rates HANOF with a GF Score™ of 87/100 and a GF Value™ of $2.73. The stock has 1 warning sign investors should review. Among 2,886 Software companies, Hansen Technologies ranks better than 96.5% 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. Hansen Technologies's annualizedNet Income for the quarter that ended in Dec. 2025 was $29.3 Mil. Hansen Technologies's average total tangible assets for the quarter that ended in Dec. 2025 was $147.5 Mil. Therefore, Hansen Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.86%.
The historical rank and industry rank for Hansen Technologies's Return-on-Tangible-Asset or its related term are showing as below:
HANOF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.17 Med: 22.28 Max: 40.85
Current: 30.56
During the past 13 years, Hansen Technologies's highest Return-on-Tangible-Asset was 40.85%. The lowest was 11.17%. And the median was 22.28%.
HANOF's Return-on-Tangible-Asset is ranked better than 96.5% of 2886
companies
in the Software industry
Industry Median: 2.035
vs HANOF: 30.56
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.
Hansen Technologies Return-on-Tangible-Asset Related Terms
Hansen Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hansen Technologies'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.
HANOF vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Hansen Technologies'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.
Hansen Technologies Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Hansen Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hansen Technologies'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 19.86% mean?
Hansen Technologies (HANOF) has a Return-on-Tangible-Asset of 19.86% 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 Hansen Technologies and its competitors. This is 11% below median its historical median of 22.28. Over the past decade, Hansen Technologies' Return-on-Tangible-Asset has ranged from 11.17 to 40.85. According to the industry distribution chart, Hansen Technologies ranks #101 out of 2886 companies in the Software industry, placing it in the top 3.5%.
Is Hansen Technologies' Return-on-Tangible-Asset too high?
Hansen Technologies' current Return-on-Tangible-Asset of 19.86% is 11% below median its 10-year median of 22.28. Over the past 10 years, this metric has ranged from a low of 11.17 to a high of 40.85. The Software industry median Return-on-Tangible-Asset is 2.04. Hansen Technologies' value of 19.86% is 875.9% above this industry median. Based on the distribution chart, Hansen Technologies ranks #101 out of 2886 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Hansen Technologies has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Hansen Technologies' Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Hansen Technologies ranks #101 out of 2886 companies for Return-on-Tangible-Asset. This places Hansen Technologies in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Hansen Technologies' value of 19.86% is 875.9% above this benchmark. Historically, Hansen Technologies' own Return-on-Tangible-Asset has ranged from 11.17 to 40.85 over the past decade. While the company's 10-year median is 22.28 vs. the industry median of 2.04, Hansen Technologies 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 2.04, based on 2,886 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. Hansen Technologies's current Return-on-Tangible-Asset of 19.86% is 875.9% 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 Hansen Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hansen Technologies's current Return-on-Tangible-Asset is 19.86%, which is 11% below median its own 10-year median of 22.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hansen Technologies stock overvalued right now?
Hansen Technologies (HANOF) has a current Return-on-Tangible-Asset of 19.86%. The stock's GF Value™ is $2.73, compared to a current price of $1.92 — trading 29.7% below its estimated fair value. The current Return-on-Tangible-Asset is 19.86%, which is 11% below median its 10-year median of 22.28 and 875.9% above the Software industry median of 2.04. Hansen Technologies' overall GF Score™ is 87/100 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 Hansen Technologies (HANOF), the current Return-on-Tangible-Asset is 19.86% 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 Hansen Technologies (HANOF) Overvalued in 2026?
Based on GuruFocus' analysis, Hansen Technologies stock appears to be undervalued.
The current stock price of $1.92 is trading 29.7% below its estimated GF Value™ of $2.73.
Key valuation signals for HANOF:
Return-on-Tangible-Asset: 19.86% (11% below median its 10-year median of 22.28)
GF Value™: $2.73 vs. price of $1.92 (29.7% below fair value)
Industry Position: 875.9% above the Software median (#101 of 2886)
No single metric tells the full story. See the HANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hansen is a technology company providing software and services to the energy and utilities, and communications sectors throughout the developed world. Hansen's products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.
87GF Score
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