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.
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.
Invicta HoldingsIVCHF +16.47%87 Return-on-Tangible-Asset is 5.51% as of Mar. 2026, which is 16% above its 10-year median of 4.75. GuruFocus rates IVCHF with a GF Score™ of 87/100 and a GF Value™ of $2.13. The stock has 6 warning signs investors should review. Among 158 Industrial Distribution companies, Invicta Holdings ranks better than 60.13% 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. Invicta Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $30.1 Mil. Invicta Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $547.4 Mil. Therefore, Invicta Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.51%.
The historical rank and industry rank for Invicta Holdings's Return-on-Tangible-Asset or its related term are showing as below:
IVCHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.52 Med: 4.75 Max: 10.76
Current: 5.3
During the past 13 years, Invicta Holdings's highest Return-on-Tangible-Asset was 10.76%. The lowest was -6.52%. And the median was 4.75%.
IVCHF's Return-on-Tangible-Asset is ranked better than 60.13% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.2
vs IVCHF: 5.30
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.
Invicta Holdings Return-on-Tangible-Asset Related Terms
Invicta Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Invicta 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.
IVCHF vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Invicta 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.
Invicta Holdings Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Invicta Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Invicta 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.51% mean?
Invicta Holdings (IVCHF) has a Return-on-Tangible-Asset of 5.51% 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 Invicta Holdings and its competitors. This is 16% above median its historical median of 4.75. According to the industry distribution chart, Invicta Holdings ranks #63 out of 158 companies in the Industrial Distribution industry, placing it in the top 39.9%.
Is Invicta Holdings' Return-on-Tangible-Asset too high?
Invicta Holdings' current Return-on-Tangible-Asset of 5.51% is 16% above median its 10-year median of 4.75. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.20. Invicta Holdings' value of 5.51% is 31.2% above this industry median. Based on the distribution chart, Invicta Holdings ranks #63 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Invicta Holdings has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Invicta Holdings' Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Invicta Holdings ranks #63 out of 158 companies for Return-on-Tangible-Asset. This puts Invicta Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.20. Invicta Holdings' value of 5.51% is 31.2% above this benchmark. While the company's 10-year median is 4.75 vs. the industry median of 4.20, Invicta 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.20, based on 158 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. Invicta Holdings's current Return-on-Tangible-Asset of 5.51% is 31.2% 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 Invicta Holdings and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invicta Holdings's current Return-on-Tangible-Asset is 5.51%, which is 16% above median its own 10-year median of 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invicta Holdings stock overvalued right now?
Invicta Holdings (IVCHF) has a current Return-on-Tangible-Asset of 5.51%. The stock's GF Value™ is $2.13, compared to a current price of $1.98 — trading 7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.51%, which is 16% above median its 10-year median of 4.75 and 31.2% above the Industrial Distribution industry median of 4.20. Invicta Holdings' overall GF Score™ is 87/100 with 6 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 Invicta Holdings (IVCHF), the current Return-on-Tangible-Asset is 5.51% 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 Invicta Holdings (IVCHF) Overvalued in 2026?
Based on GuruFocus' analysis, Invicta Holdings stock appears to be undervalued.
The current stock price of $1.98 is trading 7% below its estimated GF Value™ of $2.13.
Key valuation signals for IVCHF:
Return-on-Tangible-Asset: 5.51% (16% above median its 10-year median of 4.75)
GF Value™: $2.13 vs. price of $1.98 (7% below fair value)
Industry Position: 31.2% above the Industrial Distribution median (#63 of 158)
No single metric tells the full story. See the IVCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement Parts, Services, and Solutions for Earth-Moving Equipment (RPE), Industrial sectors (RPI), and Auto-Agri applications (RPA), along with Kian Ann Group (KAG). It also offers Capital Equipment and Related Parts and Services which Kian Ann Group supports. It earns the majority of the revenue from RPI Industrial segment.
87GF Score
Get the complete analysis for IVCHF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IVCHF has been successfully added to your 
