Insteel IndustriesIIIN -0.87%64 Return-on-Tangible-Asset is 5.16% as of Mar. 2026, which is 44% below its 10-year median of 9.17. GuruFocus rates IIIN with a GF Score™ of 64/100 and a GF Value™ of $37.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,068 Industrial Products companies, Insteel Industries ranks better than 87.16% 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. Insteel Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was $20.9 Mil. Insteel Industries's average total tangible assets for the quarter that ended in Mar. 2026 was $404.6 Mil. Therefore, Insteel Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.16%.
The historical rank and industry rank for Insteel Industries's Return-on-Tangible-Asset or its related term are showing as below:
IIIN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.91 Med: 9.17 Max: 30.18
Current: 10.62
During the past 13 years, Insteel Industries's highest Return-on-Tangible-Asset was 30.18%. The lowest was 1.91%. And the median was 9.17%.
IIIN's Return-on-Tangible-Asset is ranked better than 87.16% of 3068
companies
in the Industrial Products industry
Industry Median: 3.245
vs IIIN: 10.62
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.
Insteel Industries Return-on-Tangible-Asset Related Terms
Insteel Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Insteel Industries'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.
IIIN vs TG, MEC, AP: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Insteel Industries'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.
Insteel Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Insteel Industries'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 5.16% mean?
Insteel Industries (IIIN) has a Return-on-Tangible-Asset of 5.16% 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 Insteel Industries and its competitors. This is 44% below median its historical median of 9.17. Over the past decade, Insteel Industries' Return-on-Tangible-Asset has ranged from 1.91 to 30.18. According to the industry distribution chart, Insteel Industries ranks #394 out of 3068 companies in the Industrial Products industry, placing it in the top 12.8%.
Is Insteel Industries' Return-on-Tangible-Asset too high?
Insteel Industries' current Return-on-Tangible-Asset of 5.16% is 44% below median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 30.18. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Insteel Industries' value of 5.16% is 59% above this industry median. Based on the distribution chart, Insteel Industries ranks #394 out of 3068 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Insteel Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Return-on-Tangible-Asset compare to TG and MEC?
According to the Industrial Products industry distribution chart, Insteel Industries ranks #394 out of 3068 companies for Return-on-Tangible-Asset. This places Insteel Industries in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.25. Insteel Industries' value of 5.16% is 59% above this benchmark. Historically, Insteel Industries' own Return-on-Tangible-Asset has ranged from 1.91 to 30.18 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 3.25, Insteel Industries 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.25, based on 3,068 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. Insteel Industries's current Return-on-Tangible-Asset of 5.16% is 59% 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 Insteel Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insteel Industries's current Return-on-Tangible-Asset is 5.16%, which is 44% below median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.90, compared to a current price of $29.66 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.16%, which is 44% below median its 10-year median of 9.17 and 59% above the Industrial Products industry median of 3.25. Insteel Industries' overall GF Score™ is 64/100 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 Insteel Industries (IIIN), the current Return-on-Tangible-Asset is 5.16% 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 Insteel Industries (IIIN) Overvalued in 2026?
Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued.
The current stock price of $29.66 is trading 21.7% below its estimated GF Value™ of $37.90.
GuruFocus considers Insteel Industries to be Modestly Undervalued.
Key valuation signals for IIIN:
Return-on-Tangible-Asset: 5.16% (44% below median its 10-year median of 9.17)
GF Value™: $37.90 vs. price of $29.66 (21.7% below fair value)
Industry Position: 59% above the Industrial Products median (#394 of 3068)
No single metric tells the full story. See the IIIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
64GF Score
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