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Industrias ChB de CVICHBF 69 Return-on-Tangible-Asset is 8.03% as of Mar. 2026, which is 45% above its 10-year median of 5.52. GuruFocus rates ICHBF with a GF Score™ of 69/100 and a GF Value™ of $9.19. The stock has 4 warning signs investors should review. Among 634 Steel companies, Industrias ChB de CV ranks worse than 50.79% 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. Industrias ChB de CV's annualizedNet Income for the quarter that ended in Mar. 2026 was $351 Mil. Industrias ChB de CV's average total tangible assets for the quarter that ended in Mar. 2026 was $4,370 Mil. Therefore, Industrias ChB de CV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.03%.
The historical rank and industry rank for Industrias ChB de CV's Return-on-Tangible-Asset or its related term are showing as below:
ICHBF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.95 Med: 5.52 Max: 14.63
Current: 1.86
During the past 13 years, Industrias ChB de CV's highest Return-on-Tangible-Asset was 14.63%. The lowest was -1.95%. And the median was 5.52%.
ICHBF's Return-on-Tangible-Asset is ranked worse than 50.79% of 634
companies
in the Steel industry
Industry Median: 1.995
vs ICHBF: 1.86
Industrias ChB de CV (OTCPK:ICHBF) 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.
Industrias ChB de CV Return-on-Tangible-Asset Related Terms
Industrias ChB de CV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Industrias ChB de CV'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.
Industrias ChB de CV Return-on-Tangible-Asset Chart
ICHBF vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Industrias ChB de CV'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.
Industrias ChB de CV Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Industrias ChB de CV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Industrias ChB de CV'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 8.03% mean?
Industrias ChB de CV (ICHBF) has a Return-on-Tangible-Asset of 8.03% 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 Industrias ChB de CV and its competitors. This is 45% above median its historical median of 5.52. According to the industry distribution chart, Industrias ChB de CV ranks #322 out of 634 companies in the Steel industry, placing it in the top 50.8%.
Is Industrias ChB de CV's Return-on-Tangible-Asset too high?
Industrias ChB de CV's current Return-on-Tangible-Asset of 8.03% is 45% above median its 10-year median of 5.52. The Steel industry median Return-on-Tangible-Asset is 2.00. Industrias ChB de CV's value of 8.03% is 302.5% above this industry median. Based on the distribution chart, Industrias ChB de CV ranks #322 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Industrias ChB de CV has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Industrias ChB de CV's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Industrias ChB de CV ranks #322 out of 634 companies for Return-on-Tangible-Asset. This places Industrias ChB de CV in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Industrias ChB de CV's value of 8.03% is 302.5% above this benchmark. While the company's 10-year median is 5.52 vs. the industry median of 2.00, Industrias ChB de CV 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 634 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. Industrias ChB de CV's current Return-on-Tangible-Asset of 8.03% is 302.5% 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 Industrias ChB de CV and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrias ChB de CV's current Return-on-Tangible-Asset is 8.03%, which is 45% above median its own 10-year median of 5.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias ChB de CV stock overvalued right now?
Industrias ChB de CV (ICHBF) has a current Return-on-Tangible-Asset of 8.03%. The stock's GF Value™ is $9.19, compared to a current price of $9.92 — trading 7.9% above its estimated fair value. The current Return-on-Tangible-Asset is 8.03%, which is 45% above median its 10-year median of 5.52 and 302.5% above the Steel industry median of 2.00. Industrias ChB de CV's overall GF Score™ is 69/100 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 Industrias ChB de CV (ICHBF), the current Return-on-Tangible-Asset is 8.03% 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 Industrias ChB de CV (ICHBF) Overvalued in 2026?
Based on GuruFocus' analysis, Industrias ChB de CV stock appears to be overvalued.
The current stock price of $9.92 is trading 7.9% above its estimated GF Value™ of $9.19.
Key valuation signals for ICHBF:
Return-on-Tangible-Asset: 8.03% (45% above median its 10-year median of 5.52)
GF Value™: $9.19 vs. price of $9.92 (7.9% above fair value)
Industry Position: 302.5% above the Steel median (#322 of 634)
No single metric tells the full story. See the ICHBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.
69GF Score
Get the complete analysis for ICHBF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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