IDOX (LSE:IDOX) Return-on-Tangible-Asset: 8.73% (As of Oct. 2025) — 31% Below Median

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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.
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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.

LSE:IDOX IDOX PLC LSE:IDOX
45 GF Score
Price £0.78
GF Value £0.76
Valuation Fairly Valued
! 7 Warning Signs
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What is IDOX Return-on-Tangible-Asset?

IDOX LSE:IDOX -1.75% 45 Return-on-Tangible-Asset is 8.73% as of Oct. 2025, which is 31% below its 10-year median of 12.74. GuruFocus rates LSE:IDOX with a GF Score™ of 45/100 and a GF Value™ of £0.76 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,892 Software companies, IDOX ranks better than 85.55% 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. IDOX's annualized Net Income for the quarter that ended in Oct. 2025 was £3.86 Mil. IDOX's average total tangible assets for the quarter that ended in Oct. 2025 was £44.22 Mil. Therefore, IDOX's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2025 was 8.73%.

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

LSE:IDOX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -80.08   Med: 12.74   Max: 27.67
Current: 14.4

During the past 13 years, IDOX's highest Return-on-Tangible-Asset was 27.67%. The lowest was -80.08%. And the median was 12.74%.

LSE:IDOX's Return-on-Tangible-Asset is ranked better than
85.55% of 2892 companies
in the Software industry
Industry Median: 2.055 vs LSE:IDOX: 14.40

IDOX  (LSE:IDOX) 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.


IDOX Return-on-Tangible-Asset Related Terms


IDOX Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for IDOX'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.

IDOX Return-on-Tangible-Asset Chart

IDOX Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.33 12.74 13.90 12.73 15.30

IDOX Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 9.36 14.30 9.09 19.28 8.73

LSE:IDOX vs CRM, SHOP, UBER: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, IDOX'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.


IDOX Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, IDOX's Return-on-Tangible-Asset distribution charts can be found below:

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


LSE:IDOX
45GF Score
IDOX PLC LSE:IDOX
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDOX Return-on-Tangible-Asset Calculation

IDOX's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=6.159/( (39.915+40.607)/ 2 )
=6.159/40.261
=15.30 %

IDOX's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=3.858/( (47.823+40.607)/ 2 )
=3.858/44.215
=8.73 %

* 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 (Oct. 2025) net income data.

What does a Return-on-Tangible-Asset of 8.73% mean?
IDOX (LSE:IDOX) has a Return-on-Tangible-Asset of 8.73% as of Oct. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IDOX and its competitors. This is 31% below median its historical median of 12.74. According to the industry distribution chart, IDOX ranks #418 out of 2892 companies in the Software industry, placing it in the top 14.5%.
Is IDOX's Return-on-Tangible-Asset too high?
IDOX's current Return-on-Tangible-Asset of 8.73% is 31% below median its 10-year median of 12.74. The Software industry median Return-on-Tangible-Asset is 2.06. IDOX's value of 8.73% is 324.8% above this industry median. Based on the distribution chart, IDOX ranks #418 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, IDOX has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IDOX's Return-on-Tangible-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, IDOX ranks #418 out of 2892 companies for Return-on-Tangible-Asset. This places IDOX in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. IDOX's value of 8.73% is 324.8% above this benchmark. While the company's 10-year median is 12.74 vs. the industry median of 2.06, IDOX 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 2.06, based on 2,892 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. IDOX's current Return-on-Tangible-Asset of 8.73% is 324.8% 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 IDOX and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDOX's current Return-on-Tangible-Asset is 8.73%, which is 31% below median its own 10-year median of 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDOX stock overvalued right now?
Based on GuruFocus' analysis, IDOX (LSE:IDOX) is currently considered Fairly Valued. The stock's GF Value™ is £0.76, compared to a current price of £0.78 — trading 3.2% above its estimated fair value. The current Return-on-Tangible-Asset is 8.73%, which is 31% below median its 10-year median of 12.74 and 324.8% above the Software industry median of 2.06. IDOX's overall GF Score™ is 45/100 with 7 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 IDOX (LSE:IDOX), the current Return-on-Tangible-Asset is 8.73% as of Oct. 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 IDOX (LSE:IDOX) Overvalued in 2026?

Based on GuruFocus' analysis, IDOX stock appears to be overvalued. The current stock price of £0.78 is trading 3.2% above its estimated GF Value™ of £0.76. GuruFocus considers IDOX to be Fairly Valued.

Key valuation signals for LSE:IDOX:

  • Return-on-Tangible-Asset: 8.73% (31% below median its 10-year median of 12.74)
  • GF Value™: £0.76 vs. price of £0.78 (3.2% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 324.8% above the Software median (#418 of 2892)

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


IDOX Business Description

Address Forsyth Road, Unit 5, Woking 8, Surrey, GBR, GU21 5SB
IDOX PLC is a supplier of software and services for the management of Local Government and other organizations. The company provides public sector companies with tools to manage information and knowledge, documents, content, business processes and workflow, and elections management solutions. Its operating segments include Land, Property & Public Protection (LPPP), Assets and Communities. The company generates majority of its revenue from the LPPP segment, which includes delivering specialist information management and data services solutions and services to the public sector and private sectors. Geographically, it derives the maximum revenue from the United Kingdom, followed by the USA, the Rest of Europe and the Rest of the World.
45GF Score

Get the complete analysis for LSE:IDOX

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

£0.78
Price
£0.76
GF Value