LINC (Lincoln Educational Services) Return-on-Tangible-Asset: 3.64% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LINC Lincoln Educational Services Corp LINC
63 GF Score
Price $41.22
GF Value $18.99
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lincoln Educational Services Return-on-Tangible-Asset?

Lincoln Educational Services LINC +3.05% 63 Return-on-Tangible-Asset is 3.64% as of Mar. 2026, which is 4% above its 10-year median of 3.50. GuruFocus rates LINC with a GF Score™ of 63/100 and a GF Value™ of $18.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 263 Education companies, Lincoln Educational Services ranks better than 53.23% 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. Lincoln Educational Services's annualized Net Income for the quarter that ended in Mar. 2026 was $17.4 Mil. Lincoln Educational Services's average total tangible assets for the quarter that ended in Mar. 2026 was $479.2 Mil. Therefore, Lincoln Educational Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.64%.

The historical rank and industry rank for Lincoln Educational Services's Return-on-Tangible-Asset or its related term are showing as below:

LINC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.56   Med: 3.5   Max: 23.64
Current: 4.94

During the past 13 years, Lincoln Educational Services's highest Return-on-Tangible-Asset was 23.64%. The lowest was -16.56%. And the median was 3.50%.

LINC's Return-on-Tangible-Asset is ranked better than
53.23% of 263 companies
in the Education industry
Industry Median: 4.45 vs LINC: 4.94

Lincoln Educational Services  (NAS:LINC) 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 company’s 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 company’s 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.


Lincoln Educational Services Return-on-Tangible-Asset Related Terms


Lincoln Educational Services Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lincoln Educational Services'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.

Lincoln Educational Services Return-on-Tangible-Asset Chart

Lincoln Educational Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.58 4.53 8.50 2.60 4.40

Lincoln Educational Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 1.46 3.40 10.82 3.64

LINC vs COUR, STRA, AFYA: Return-on-Tangible-Asset Comparison

For the Education & Training Services subindustry, Lincoln Educational Services'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.


Lincoln Educational Services Return-on-Tangible-Asset vs Education Industry

For the Education industry and Consumer Defensive sector, Lincoln Educational Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lincoln Educational Services's Return-on-Tangible-Asset falls into.


LINC
63GF Score
Lincoln Educational Services Corp LINC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lincoln Educational Services Return-on-Tangible-Asset Calculation

Lincoln Educational Services's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=19.998/( (425.814+482.422)/ 2 )
=19.998/454.118
=4.40 %

Lincoln Educational Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=17.424/( (482.422+475.992)/ 2 )
=17.424/479.207
=3.64 %

* 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 3.64% mean?
Lincoln Educational Services (LINC) has a Return-on-Tangible-Asset of 3.64% 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 Lincoln Educational Services and its competitors. This is near median its historical median of 3.50. According to the industry distribution chart, Lincoln Educational Services ranks #123 out of 263 companies in the Education industry, placing it in the top 46.8%.
Is Lincoln Educational Services' Return-on-Tangible-Asset too high?
Lincoln Educational Services' current Return-on-Tangible-Asset of 3.64% is near median its 10-year median of 3.50. The Education industry median Return-on-Tangible-Asset is 4.45. Lincoln Educational Services' value of 3.64% is 18.2% below this industry median. Based on the distribution chart, Lincoln Educational Services ranks #123 out of 263 companies in the Education industry, which is above the industry midpoint. Overall, Lincoln Educational Services has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Educational Services' Return-on-Tangible-Asset compare to COUR and STRA?
According to the Education industry distribution chart, Lincoln Educational Services ranks #123 out of 263 companies for Return-on-Tangible-Asset. This puts Lincoln Educational Services in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.45. Lincoln Educational Services' value of 3.64% is 18.2% below this benchmark. While the company's 10-year median is 3.50 vs. the industry median of 4.45, Lincoln Educational Services has consistently been below 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 Education company?
The median Return-on-Tangible-Asset among Education companies is 4.45, based on 263 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. Lincoln Educational Services's current Return-on-Tangible-Asset of 3.64% is 18.2% below 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 Lincoln Educational Services and its competitors. For the Education industry, the median Return-on-Tangible-Asset is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Educational Services's current Return-on-Tangible-Asset is 3.64%, which is near median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Educational Services stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Educational Services (LINC) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.99, compared to a current price of $41.22 — trading 117.1% above its estimated fair value. The current Return-on-Tangible-Asset is 3.64%, which is near median its 10-year median of 3.50 and 18.2% below the Education industry median of 4.45. Lincoln Educational Services' overall GF Score™ is 63/100 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 Lincoln Educational Services (LINC), the current Return-on-Tangible-Asset is 3.64% 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 Lincoln Educational Services (LINC) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Educational Services stock appears to be overvalued. The current stock price of $41.22 is trading 117.1% above its estimated GF Value™ of $18.99. GuruFocus considers Lincoln Educational Services to be Significantly Overvalued.

Key valuation signals for LINC:

  • Return-on-Tangible-Asset: 3.64% (near median its 10-year median of 3.50)
  • GF Value™: $18.99 vs. price of $41.22 (117.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 18.2% below the Education median (#123 of 263)

No single metric tells the full story. See the LINC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lincoln Educational Services Business Description

Other Exchanges K1L:Germany
Address 14 Sylvan Way, Suite A, Parsippany, NJ, USA, 07054
Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services, and business and information technology. Its reportable segments include: Campus Operations and Transitional. The majority of the revenue is generated from the Campus Operations segment, which includes all campuses that are continuing in operation and contribute to the company's core operations and performance.
63GF Score

Get the complete analysis for LINC

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.22
Price
$18.99
GF Value