IES HoldingsIESC +3.65%85 Return-on-Tangible-Asset is 26.49% as of Mar. 2026, which is 135% above its 10-year median of 11.29. GuruFocus rates IESC with a GF Score™ of 85/100 and a GF Value™ of $261.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,777 Construction companies, IES Holdings ranks better than 98.54% 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. IES Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $440 Mil. IES Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $1,659 Mil. Therefore, IES Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 26.49%.
The historical rank and industry rank for IES Holdings's Return-on-Tangible-Asset or its related term are showing as below:
IESC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.12 Med: 11.29 Max: 45.89
Current: 25.95
During the past 13 years, IES Holdings's highest Return-on-Tangible-Asset was 45.89%. The lowest was -4.12%. And the median was 11.29%.
IESC's Return-on-Tangible-Asset is ranked better than 98.54% of 1777
companies
in the Construction industry
Industry Median: 3
vs IESC: 25.95
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.
IES Holdings Return-on-Tangible-Asset Related Terms
IES Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IES Holdings'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.
IESC vs DY, J, BLD: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, IES Holdings'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.
IES Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, IES Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IES Holdings'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 26.49% mean?
IES Holdings (IESC) has a Return-on-Tangible-Asset of 26.49% 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 IES Holdings and its competitors. This is 135% above median its historical median of 11.29. According to the industry distribution chart, IES Holdings ranks #26 out of 1777 companies in the Construction industry, placing it in the top 1.5%.
Is IES Holdings' Return-on-Tangible-Asset too high?
IES Holdings' current Return-on-Tangible-Asset of 26.49% is 135% above median its 10-year median of 11.29. The Construction industry median Return-on-Tangible-Asset is 3.00. IES Holdings' value of 26.49% is 783% above this industry median. Based on the distribution chart, IES Holdings ranks #26 out of 1777 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, IES Holdings has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IES Holdings' Return-on-Tangible-Asset compare to DY and J?
According to the Construction industry distribution chart, IES Holdings ranks #26 out of 1777 companies for Return-on-Tangible-Asset. This places IES Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.00. IES Holdings' value of 26.49% is 783% above this benchmark. While the company's 10-year median is 11.29 vs. the industry median of 3.00, IES Holdings 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.00, based on 1,777 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. IES Holdings's current Return-on-Tangible-Asset of 26.49% is 783% 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 IES Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IES Holdings's current Return-on-Tangible-Asset is 26.49%, which is 135% above median its own 10-year median of 11.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IES Holdings stock overvalued right now?
Based on GuruFocus' analysis, IES Holdings (IESC) is currently considered Significantly Overvalued. The stock's GF Value™ is $261.85, compared to a current price of $749.09 — trading 186.1% above its estimated fair value. The current Return-on-Tangible-Asset is 26.49%, which is 135% above median its 10-year median of 11.29 and 783% above the Construction industry median of 3.00. IES Holdings' overall GF Score™ is 85/100 with 5 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 IES Holdings (IESC), the current Return-on-Tangible-Asset is 26.49% 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 IES Holdings (IESC) Overvalued in 2026?
Based on GuruFocus' analysis, IES Holdings stock appears to be overvalued.
The current stock price of $749.09 is trading 186.1% above its estimated GF Value™ of $261.85.
GuruFocus considers IES Holdings to be Significantly Overvalued.
Key valuation signals for IESC:
Return-on-Tangible-Asset: 26.49% (135% above median its 10-year median of 11.29)
GF Value™: $261.85 vs. price of $749.09 (186.1% above fair value)
Industry Position: 783% above the Construction median (#26 of 1777)
No single metric tells the full story. See the IESC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning (HVAC) and plumbing installation services. This segment also provides services for installing residential solar power, both for new construction and existing residences.
85GF Score
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