ASA International GroupLSE:ASAI +7.14%80 Return-on-Tangible-Asset is 8.39% as of Dec. 2025, which is 51% above its 10-year median of 5.57. GuruFocus rates LSE:ASAI with a GF Score™ of 80/100 and a GF Value™ of £1.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 545 Credit Services companies, ASA International Group ranks better than 90.64% 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. ASA International Group's annualizedNet Income for the quarter that ended in Dec. 2025 was £44.8 Mil. ASA International Group's average total tangible assets for the quarter that ended in Dec. 2025 was £533.9 Mil. Therefore, ASA International Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 8.39%.
The historical rank and industry rank for ASA International Group's Return-on-Tangible-Asset or its related term are showing as below:
LSE:ASAI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.12 Med: 5.57 Max: 8.42
Current: 8.42
During the past 11 years, ASA International Group's highest Return-on-Tangible-Asset was 8.42%. The lowest was -0.12%. And the median was 5.57%.
LSE:ASAI's Return-on-Tangible-Asset is ranked better than 90.64% of 545
companies
in the Credit Services industry
Industry Median: 1.92
vs LSE:ASAI: 8.42
ASA International Group (LSE:ASAI) 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.
ASA International Group Return-on-Tangible-Asset Related Terms
ASA International Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ASA International 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.
ASA International Group Return-on-Tangible-Asset Chart
LSE:ASAI vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, ASA International 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.
ASA International Group Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASA International Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ASA International 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 8.39% mean?
ASA International Group (LSE:ASAI) has a Return-on-Tangible-Asset of 8.39% 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 ASA International Group and its competitors. This is 51% above median its historical median of 5.57. According to the industry distribution chart, ASA International Group ranks #51 out of 545 companies in the Credit Services industry, placing it in the top 9.4%.
Is ASA International Group's Return-on-Tangible-Asset too high?
ASA International Group's current Return-on-Tangible-Asset of 8.39% is 51% above median its 10-year median of 5.57. The Credit Services industry median Return-on-Tangible-Asset is 1.92. ASA International Group's value of 8.39% is 337% above this industry median. Based on the distribution chart, ASA International Group ranks #51 out of 545 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, ASA International Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASA International Group's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, ASA International Group ranks #51 out of 545 companies for Return-on-Tangible-Asset. This places ASA International Group in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.92. ASA International Group's value of 8.39% is 337% above this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 1.92, ASA International 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.92, based on 545 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. ASA International Group's current Return-on-Tangible-Asset of 8.39% is 337% 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 ASA International Group and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASA International Group's current Return-on-Tangible-Asset is 8.39%, which is 51% above median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASA International Group stock overvalued right now?
Based on GuruFocus' analysis, ASA International Group (LSE:ASAI) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.49, compared to a current price of £2.70 — trading 81.2% above its estimated fair value. The current Return-on-Tangible-Asset is 8.39%, which is 51% above median its 10-year median of 5.57 and 337% above the Credit Services industry median of 1.92. ASA International Group's overall GF Score™ is 80/100 with 5 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 ASA International Group (LSE:ASAI), the current Return-on-Tangible-Asset is 8.39% 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 ASA International Group (LSE:ASAI) Overvalued in 2026?
Based on GuruFocus' analysis, ASA International Group stock appears to be overvalued.
The current stock price of £2.70 is trading 81.2% above its estimated GF Value™ of £1.49.
GuruFocus considers ASA International Group to be Significantly Overvalued.
Key valuation signals for LSE:ASAI:
Return-on-Tangible-Asset: 8.39% (51% above median its 10-year median of 5.57)
GF Value™: £1.49 vs. price of £2.70 (81.2% above fair value)
Industry Position: 337% above the Credit Services median (#51 of 545)
No single metric tells the full story. See the LSE:ASAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASA International Group PLC is an international micro-finance institution that aims to enhance financial inclusion among low-income populations throughout Asia and Africa. Its geographical segments include West Africa, which includes Ghana, Nigeria, Sierra Leone; East Africa, which includes Kenya, Uganda, Tanzania, Rwanda; South Asia, which includes India, Pakistan, Sri Lanka; South East Asia, which includes Myanmar, Philippines, and Holding & other non-operating entities, which includes holding entities and other entities without microfinance activities.
80GF Score
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