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Wilson Bayly Holmes-OvconJSE:WBO -0.44%83 Return-on-Tangible-Asset is 7.39% as of Dec. 2025, which is 55% above its 10-year median of 4.78. GuruFocus rates JSE:WBO with a GF Score™ of 83/100 and a GF Value™ of R171.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,781 Construction companies, Wilson Bayly Holmes-Ovcon ranks better than 79.45% 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. Wilson Bayly Holmes-Ovcon's annualizedNet Income for the quarter that ended in Dec. 2025 was R1,121 Mil. Wilson Bayly Holmes-Ovcon's average total tangible assets for the quarter that ended in Dec. 2025 was R15,168 Mil. Therefore, Wilson Bayly Holmes-Ovcon's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.39%.
The historical rank and industry rank for Wilson Bayly Holmes-Ovcon's Return-on-Tangible-Asset or its related term are showing as below:
JSE:WBO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.99 Med: 4.78 Max: 8.3
Current: 8.3
During the past 13 years, Wilson Bayly Holmes-Ovcon's highest Return-on-Tangible-Asset was 8.30%. The lowest was -14.99%. And the median was 4.78%.
JSE:WBO's Return-on-Tangible-Asset is ranked better than 79.45% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs JSE:WBO: 8.30
Wilson Bayly Holmes-Ovcon (JSE:WBO) 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.
Wilson Bayly Holmes-Ovcon Return-on-Tangible-Asset Related Terms
Wilson Bayly Holmes-Ovcon Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wilson Bayly Holmes-Ovcon'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.
Wilson Bayly Holmes-Ovcon Return-on-Tangible-Asset Chart
JSE:WBO vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Wilson Bayly Holmes-Ovcon'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.
Wilson Bayly Holmes-Ovcon Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Wilson Bayly Holmes-Ovcon's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wilson Bayly Holmes-Ovcon'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 7.39% mean?
Wilson Bayly Holmes-Ovcon (JSE:WBO) has a Return-on-Tangible-Asset of 7.39% 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 Wilson Bayly Holmes-Ovcon and its competitors. This is 55% above median its historical median of 4.78. According to the industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #366 out of 1781 companies in the Construction industry, placing it in the top 20.6%.
Is Wilson Bayly Holmes-Ovcon's Return-on-Tangible-Asset too high?
Wilson Bayly Holmes-Ovcon's current Return-on-Tangible-Asset of 7.39% is 55% above median its 10-year median of 4.78. The Construction industry median Return-on-Tangible-Asset is 3.04. Wilson Bayly Holmes-Ovcon's value of 7.39% is 143.1% above this industry median. Based on the distribution chart, Wilson Bayly Holmes-Ovcon ranks #366 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Wilson Bayly Holmes-Ovcon has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wilson Bayly Holmes-Ovcon's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Wilson Bayly Holmes-Ovcon ranks #366 out of 1781 companies for Return-on-Tangible-Asset. This places Wilson Bayly Holmes-Ovcon in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Wilson Bayly Holmes-Ovcon's value of 7.39% is 143.1% above this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 3.04, Wilson Bayly Holmes-Ovcon 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 3.04, based on 1,781 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. Wilson Bayly Holmes-Ovcon's current Return-on-Tangible-Asset of 7.39% is 143.1% 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 Wilson Bayly Holmes-Ovcon and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wilson Bayly Holmes-Ovcon's current Return-on-Tangible-Asset is 7.39%, which is 55% above median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilson Bayly Holmes-Ovcon stock overvalued right now?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon (JSE:WBO) is currently considered Fairly Valued. The stock's GF Value™ is R171.48, compared to a current price of R157.34 — trading 8.2% below its estimated fair value. The current Return-on-Tangible-Asset is 7.39%, which is 55% above median its 10-year median of 4.78 and 143.1% above the Construction industry median of 3.04. Wilson Bayly Holmes-Ovcon's overall GF Score™ is 83/100 with 2 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 Wilson Bayly Holmes-Ovcon (JSE:WBO), the current Return-on-Tangible-Asset is 7.39% 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 Wilson Bayly Holmes-Ovcon (JSE:WBO) Overvalued in 2026?
Based on GuruFocus' analysis, Wilson Bayly Holmes-Ovcon stock appears to be undervalued.
The current stock price of R157.34 is trading 8.2% below its estimated GF Value™ of R171.48.
GuruFocus considers Wilson Bayly Holmes-Ovcon to be Fairly Valued.
Key valuation signals for JSE:WBO:
Return-on-Tangible-Asset: 7.39% (55% above median its 10-year median of 4.78)
GF Value™: R171.48 vs. price of R157.34 (8.2% below fair value)
Industry Position: 143.1% above the Construction median (#366 of 1781)
No single metric tells the full story. See the JSE:WBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilson Bayly Holmes-Ovcon Ltd is a South Africa-based construction company. The company's business activities encompass designing, construction, and procurement, as well as civil engineering, works for large-scale public and private projects, roads and earthworks projects, and turnkey projects. The company also provides construction materials, real estate development, and other services. Its customers predominantly come from the retail, residential, hotel and entertainment, infrastructure, mining, energy, and oil and gas sectors. Its segment include: Building and civil Engineering, Roads and earthworks, Property developments, Construction materials, and United Kingdom. It operates in South Africa, United Kingdom and Rest of Africa, of which maximum revenue is generated from South Africa.
83GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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