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. Accsys Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was £13.6 Mil. Accsys Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was £159.2 Mil. Therefore, Accsys Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.56%.
The historical rank and industry rank for Accsys Technologies's Return-on-Tangible-Asset or its related term are showing as below:
LSE:AXS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.95 Med: -6.4 Max: 3.64
Current: 3.62
During the past 13 years, Accsys Technologies's highest Return-on-Tangible-Asset was 3.64%. The lowest was -29.95%. And the median was -6.40%.
LSE:AXS's Return-on-Tangible-Asset is ranked better than 76.39% of 288
companies
in the Forest Products industry
Industry Median: 0.985
vs LSE:AXS: 3.62
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.
Accsys Technologies Return-on-Tangible-Asset Related Terms
Accsys Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Accsys Technologies'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.
LSE:AXS vs SSD, UFPI, BCC: Return-on-Tangible-Asset Comparison
For the Lumber & Wood Production subindustry, Accsys Technologies'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.
Accsys Technologies Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Accsys Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Accsys Technologies'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.56% mean?
Accsys Technologies (LSE:AXS) has a Return-on-Tangible-Asset of 8.56% 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 Accsys Technologies and its competitors. According to the industry distribution chart, Accsys Technologies ranks #68 out of 288 companies in the Forest Products industry, placing it in the top 23.6%.
Is Accsys Technologies' Return-on-Tangible-Asset too high?
Accsys Technologies' current Return-on-Tangible-Asset is 8.56%. The Forest Products industry median Return-on-Tangible-Asset is 0.99. Accsys Technologies' value of 8.56% is 769% above this industry median. Based on the distribution chart, Accsys Technologies ranks #68 out of 288 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Accsys Technologies has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accsys Technologies' Return-on-Tangible-Asset compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Accsys Technologies ranks #68 out of 288 companies for Return-on-Tangible-Asset. This places Accsys Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. Accsys Technologies' value of 8.56% is 769% above this benchmark. 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 0.99, based on 288 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. Accsys Technologies's current Return-on-Tangible-Asset of 8.56% is 769% 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 Accsys Technologies and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accsys Technologies's current Return-on-Tangible-Asset is 8.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accsys Technologies stock overvalued right now?
Based on GuruFocus' analysis, Accsys Technologies (LSE:AXS) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.58, compared to a current price of £0.73 — trading 26.6% above its estimated fair value. The current Return-on-Tangible-Asset is 8.56% and 769% above the Forest Products industry median of 0.99. Accsys Technologies' overall GF Score™ is 52/100 with 6 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 Accsys Technologies (LSE:AXS), the current Return-on-Tangible-Asset is 8.56% 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 Accsys Technologies (LSE:AXS) Overvalued in 2026?
Based on GuruFocus' analysis, Accsys Technologies stock appears to be overvalued.
The current stock price of £0.73 is trading 26.6% above its estimated GF Value™ of £0.58.
GuruFocus considers Accsys Technologies to be Modestly Overvalued.
Key valuation signals for LSE:AXS:
Return-on-Tangible-Asset: 8.56%
GF Value™: £0.58 vs. price of £0.73 (26.6% above fair value)
Industry Position: 769% above the Forest Products median (#68 of 288)
No single metric tells the full story. See the LSE:AXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.
52GF Score
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