Limbach HoldingsLMB +4.75%80 Return-on-Tangible-Asset is 6.74% as of Mar. 2026, which is 151% above its 10-year median of 2.68. GuruFocus rates LMB with a GF Score™ of 80/100 and a GF Value™ of $86.30 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,777 Construction companies, Limbach Holdings ranks better than 90.32% 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. Limbach Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $17.5 Mil. Limbach Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $260.1 Mil. Therefore, Limbach Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.74%.
The historical rank and industry rank for Limbach Holdings's Return-on-Tangible-Asset or its related term are showing as below:
LMB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.88 Med: 2.68 Max: 14.49
Current: 12.36
During the past 12 years, Limbach Holdings's highest Return-on-Tangible-Asset was 14.49%. The lowest was -0.88%. And the median was 2.68%.
LMB's Return-on-Tangible-Asset is ranked better than 90.32% of 1777
companies
in the Construction industry
Industry Median: 3
vs LMB: 12.36
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.
Limbach Holdings Return-on-Tangible-Asset Related Terms
Limbach Holdings Return-on-Tangible-Asset Historical Data
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The historical data trend for Limbach 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.
LMB vs APOG, NX, SWIM: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Limbach 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.
Limbach Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Limbach Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Limbach 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 6.74% mean?
Limbach Holdings (LMB) has a Return-on-Tangible-Asset of 6.74% 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 Limbach Holdings and its competitors. This is 151% above median its historical median of 2.68. According to the industry distribution chart, Limbach Holdings ranks #172 out of 1777 companies in the Construction industry, placing it in the top 9.7%.
Is Limbach Holdings' Return-on-Tangible-Asset too high?
Limbach Holdings' current Return-on-Tangible-Asset of 6.74% is 151% above median its 10-year median of 2.68. The Construction industry median Return-on-Tangible-Asset is 3.00. Limbach Holdings' value of 6.74% is 124.7% above this industry median. Based on the distribution chart, Limbach Holdings ranks #172 out of 1777 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Limbach Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limbach Holdings' Return-on-Tangible-Asset compare to APOG and NX?
According to the Construction industry distribution chart, Limbach Holdings ranks #172 out of 1777 companies for Return-on-Tangible-Asset. This places Limbach Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.00. Limbach Holdings' value of 6.74% is 124.7% above this benchmark. While the company's 10-year median is 2.68 vs. the industry median of 3.00, Limbach 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. Limbach Holdings's current Return-on-Tangible-Asset of 6.74% is 124.7% 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 Limbach 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. Limbach Holdings's current Return-on-Tangible-Asset is 6.74%, which is 151% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limbach Holdings stock overvalued right now?
Based on GuruFocus' analysis, Limbach Holdings (LMB) is currently considered Fairly Valued. The stock's GF Value™ is $86.30, compared to a current price of $79.61 — trading 7.8% below its estimated fair value. The current Return-on-Tangible-Asset is 6.74%, which is 151% above median its 10-year median of 2.68 and 124.7% above the Construction industry median of 3.00. Limbach Holdings' overall GF Score™ is 80/100 with 3 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 Limbach Holdings (LMB), the current Return-on-Tangible-Asset is 6.74% 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 Limbach Holdings (LMB) Overvalued in 2026?
Based on GuruFocus' analysis, Limbach Holdings stock appears to be undervalued.
The current stock price of $79.61 is trading 7.8% below its estimated GF Value™ of $86.30.
GuruFocus considers Limbach Holdings to be Fairly Valued.
Key valuation signals for LMB:
Return-on-Tangible-Asset: 6.74% (151% above median its 10-year median of 2.68)
GF Value™: $86.30 vs. price of $79.61 (7.8% below fair value)
Industry Position: 124.7% above the Construction median (#172 of 1777)
No single metric tells the full story. See the LMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Limbach Holdings Inc is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems. The Company partners with owners and operators of facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. It operates through two segments: Owner Direct Relationships (ODR), which generates maximum revenue and includes owner direct projects, maintenance, and service on MEPC systems; and General Contractor Relationships (GCR), which manages new construction or renovation projects involving MEPC systems awarded by general contractors or construction managers.
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