Mind Gym (LSE:MIND) Return-on-Tangible-Asset: -72.98% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is Mind Gym Return-on-Tangible-Asset?

Mind Gym LSE:MIND Return-on-Tangible-Asset is -72.98% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,095 Business Services companies, Mind Gym ranks worse than 96.16% 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. Mind Gym's annualized Net Income for the quarter that ended in Mar. 2026 was £-5.54 Mil. Mind Gym's average total tangible assets for the quarter that ended in Mar. 2026 was £7.59 Mil. Therefore, Mind Gym's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -72.98%.

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

LSE:MIND' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -71.87   Med: 8.45   Max: 27.21
Current: -66.29

During the past 11 years, Mind Gym's highest Return-on-Tangible-Asset was 27.21%. The lowest was -71.87%. And the median was 8.45%.

LSE:MIND's Return-on-Tangible-Asset is ranked worse than
96.16% of 1095 companies
in the Business Services industry
Industry Median: 3.97 vs LSE:MIND: -66.29

Mind Gym  (LSE:MIND) 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.


Mind Gym Return-on-Tangible-Asset Related Terms


Mind Gym Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Mind Gym'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.

Mind Gym Return-on-Tangible-Asset Chart

Mind Gym Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 11.39 -55.52 -71.87 -64.54

Mind Gym Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.26 -12.30 -147.10 -61.77 -72.98

LSE:MIND vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Mind Gym'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.


Mind Gym Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Mind Gym's Return-on-Tangible-Asset distribution charts can be found below:

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



Mind Gym Return-on-Tangible-Asset Calculation

Mind Gym's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-5.266/( (8.661+7.657)/ 2 )
=-5.266/8.159
=-64.54 %

Mind Gym's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-5.536/( (7.515+7.657)/ 2 )
=-5.536/7.586
=-72.98 %

* 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 -72.98% mean?
Mind Gym (LSE:MIND) has a Return-on-Tangible-Asset of -72.98% 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 Mind Gym and its competitors. According to the industry distribution chart, Mind Gym ranks #1053 out of 1095 companies in the Business Services industry, placing it in the top 96.2%.
Is Mind Gym's Return-on-Tangible-Asset too high?
Mind Gym's current Return-on-Tangible-Asset is -72.98%. Based on the distribution chart, Mind Gym ranks #1053 out of 1095 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Mind Gym's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Mind Gym ranks #1053 out of 1095 companies for Return-on-Tangible-Asset. This places Mind Gym in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.97. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.97, based on 1,095 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. 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 Mind Gym and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mind Gym's current Return-on-Tangible-Asset is -72.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mind Gym stock overvalued right now?
Based on GuruFocus' analysis, Mind Gym (LSE:MIND) is currently considered Possible Value Trap. The stock's GF Value™ is £0.16, compared to a current price of £0.09 — trading 46.9% below its estimated fair value. The current Return-on-Tangible-Asset is -72.98%. 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 Mind Gym (LSE:MIND), the current Return-on-Tangible-Asset is -72.98% 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.

Mind Gym Business Description

Address 160 Kensington High Street, London, GBR, W8 7RG
Mind Gym PLC is an international behavioural science company delivering business improvement solutions to companies across the world. The firm provides solutions like performance management, management development, reorganization, personal effectiveness, onboarding, employee engagement, and customer service. The group has two operating segments: EMEA (comprising the United Kingdom, Singapore, and the United Arab Emirates), which derives maximum revenue, and America (comprising the United States and Canada). It derives revenue from the provision of human capital and business improvement solutions.