Lumine GroupLMGIF +2.52%52 Return-on-Tangible-Asset is 11.99% as of Mar. 2026, which is 2% below its 10-year median of 12.20. GuruFocus rates LMGIF with a GF Score™ of 52/100 and a GF Value™ of $32.49 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,877 Software companies, Lumine Group ranks better than 91.48% 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. Lumine Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $76.0 Mil. Lumine Group's average total tangible assets for the quarter that ended in Mar. 2026 was $634.1 Mil. Therefore, Lumine Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.99%.
The historical rank and industry rank for Lumine Group's Return-on-Tangible-Asset or its related term are showing as below:
LMGIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1010.58 Med: 12.2 Max: 20.39
Current: 19.91
During the past 5 years, Lumine Group's highest Return-on-Tangible-Asset was 20.39%. The lowest was -1010.58%. And the median was 12.20%.
LMGIF's Return-on-Tangible-Asset is ranked better than 91.48% of 2877
companies
in the Software industry
Industry Median: 2.04
vs LMGIF: 19.91
Lumine Group (OTCPK:LMGIF) 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.
Lumine Group Return-on-Tangible-Asset Related Terms
Lumine Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Lumine Group'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.
LMGIF vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Lumine Group'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.
Lumine Group Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Lumine Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lumine Group'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 11.99% mean?
Lumine Group (LMGIF) has a Return-on-Tangible-Asset of 11.99% 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 Lumine Group and its competitors. This is near median its historical median of 12.20. According to the industry distribution chart, Lumine Group ranks #245 out of 2877 companies in the Software industry, placing it in the top 8.5%.
Is Lumine Group's Return-on-Tangible-Asset too high?
Lumine Group's current Return-on-Tangible-Asset of 11.99% is near median its 10-year median of 12.20. The Software industry median Return-on-Tangible-Asset is 2.04. Lumine Group's value of 11.99% is 487.7% above this industry median. Based on the distribution chart, Lumine Group ranks #245 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lumine Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lumine Group's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Lumine Group ranks #245 out of 2877 companies for Return-on-Tangible-Asset. This places Lumine Group in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Lumine Group's value of 11.99% is 487.7% above this benchmark. While the company's 10-year median is 12.20 vs. the industry median of 2.04, Lumine Group 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,877 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. Lumine Group's current Return-on-Tangible-Asset of 11.99% is 487.7% 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 Lumine Group and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumine Group's current Return-on-Tangible-Asset is 11.99%, which is near median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumine Group stock overvalued right now?
Based on GuruFocus' analysis, Lumine Group (LMGIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $32.49, compared to a current price of $15.79 — trading 51.4% below its estimated fair value. The current Return-on-Tangible-Asset is 11.99%, which is near median its 10-year median of 12.20 and 487.7% above the Software industry median of 2.04. Lumine Group's overall GF Score™ is 52/100 with 1 warning sign 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 Lumine Group (LMGIF), the current Return-on-Tangible-Asset is 11.99% 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 Lumine Group (LMGIF) Overvalued in 2026?
Based on GuruFocus' analysis, Lumine Group stock appears to be undervalued.
The current stock price of $15.79 is trading 51.4% below its estimated GF Value™ of $32.49.
GuruFocus considers Lumine Group to be Significantly Undervalued.
Key valuation signals for LMGIF:
Return-on-Tangible-Asset: 11.99% (near median its 10-year median of 12.20)
GF Value™: $32.49 vs. price of $15.79 (51.4% below fair value)
Industry Position: 487.7% above the Software median (#245 of 2877)
No single metric tells the full story. See the LMGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumine Group Inc is principally engaged in the acquisition and strengthening of businesses in the communications and media industry. These businesses provide software development, installation, and customization services, along with related professional services and support for customers across various regions.
52GF Score
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