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Quartix TechnologiesLSE:QTX -2.17%75 Return-on-Tangible-Asset is 18.20% as of Jun. 2026, which is 42% below its 10-year median of 31.34. GuruFocus rates LSE:QTX with a GF Score™ of 75/100 and a GF Value™ of £2.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,501 Hardware companies, Quartix Technologies ranks better than 97.8% 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. Quartix Technologies's annualizedNet Income for the quarter that ended in Jun. 2026 was £5.34 Mil. Quartix Technologies's average total tangible assets for the quarter that ended in Jun. 2026 was £29.36 Mil. Therefore, Quartix Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 18.20%.
The historical rank and industry rank for Quartix Technologies's Return-on-Tangible-Asset or its related term are showing as below:
LSE:QTX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.69 Med: 31.34 Max: 68.86
Current: 23.09
During the past 13 years, Quartix Technologies's highest Return-on-Tangible-Asset was 68.86%. The lowest was -4.69%. And the median was 31.34%.
LSE:QTX's Return-on-Tangible-Asset is ranked better than 97.8% of 2501
companies
in the Hardware industry
Industry Median: 2.46
vs LSE:QTX: 23.09
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.
Quartix Technologies Return-on-Tangible-Asset Related Terms
Quartix Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Quartix 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:QTX vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Quartix 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.
Quartix Technologies Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Quartix Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Quartix 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.20% mean?
Quartix Technologies (LSE:QTX) has a Return-on-Tangible-Asset of 18.20% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Quartix Technologies and its competitors. This is 42% below median its historical median of 31.34. According to the industry distribution chart, Quartix Technologies ranks #55 out of 2501 companies in the Hardware industry, placing it in the top 2.2%.
Is Quartix Technologies' Return-on-Tangible-Asset too high?
Quartix Technologies' current Return-on-Tangible-Asset of 18.20% is 42% below median its 10-year median of 31.34. The Hardware industry median Return-on-Tangible-Asset is 2.46. Quartix Technologies' value of 18.20% is 639.8% above this industry median. Based on the distribution chart, Quartix Technologies ranks #55 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Quartix Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quartix Technologies' Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Quartix Technologies ranks #55 out of 2501 companies for Return-on-Tangible-Asset. This places Quartix Technologies in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.46. Quartix Technologies' value of 18.20% is 639.8% above this benchmark. While the company's 10-year median is 31.34 vs. the industry median of 2.46, Quartix Technologies 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.46, based on 2,501 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. Quartix Technologies's current Return-on-Tangible-Asset of 18.20% is 639.8% 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 Quartix Technologies and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quartix Technologies's current Return-on-Tangible-Asset is 18.20%, which is 42% below median its own 10-year median of 31.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartix Technologies stock overvalued right now?
Based on GuruFocus' analysis, Quartix Technologies (LSE:QTX) is currently considered Fairly Valued. The stock's GF Value™ is £2.44, compared to a current price of £2.25 — trading 7.8% below its estimated fair value. The current Return-on-Tangible-Asset is 18.20%, which is 42% below median its 10-year median of 31.34 and 639.8% above the Hardware industry median of 2.46. Quartix Technologies' overall GF Score™ is 75/100 with 3 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 Quartix Technologies (LSE:QTX), the current Return-on-Tangible-Asset is 18.20% as of Jun. 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 Quartix Technologies (LSE:QTX) Overvalued in 2026?
Based on GuruFocus' analysis, Quartix Technologies stock appears to be undervalued.
The current stock price of £2.25 is trading 7.8% below its estimated GF Value™ of £2.44.
GuruFocus considers Quartix Technologies to be Fairly Valued.
Key valuation signals for LSE:QTX:
Return-on-Tangible-Asset: 18.20% (42% below median its 10-year median of 31.34)
GF Value™: £2.44 vs. price of £2.25 (7.8% below fair value)
Industry Position: 639.8% above the Hardware median (#55 of 2501)
No single metric tells the full story. See the LSE:QTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quartix Technologies PLC is a supplier of subscription-based vehicle tracking systems, software and services. The Group provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles that is designed to improve productivity and lower costs by capturing, analyzing and reporting vehicle and driver data. The group's revenue by geographical markets is highest in the United Kingdom, followed by France, other European territories, and the United States of America. The features offered by the company are : Live Tracking, Trip Reports, Geofencing, Driver Behaviour and Others. The solutions offered by the company are: GPS Vehicle Tracking, Fleet Management Software, and Commercial Dashcams.
75GF Score
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