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Time FinanceLSE:TIME 49 Return-on-Tangible-Asset is 3.06% as of Nov. 2025, which is 8% above its 10-year median of 2.84. GuruFocus rates LSE:TIME with a GF Score™ of 49/100 and a GF Value™ of £0.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 545 Credit Services companies, Time Finance ranks better than 64.59% 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. Time Finance's annualizedNet Income for the quarter that ended in Nov. 2025 was £6.42 Mil. Time Finance's average total tangible assets for the quarter that ended in Nov. 2025 was £209.97 Mil. Therefore, Time Finance's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2025 was 3.06%.
The historical rank and industry rank for Time Finance's Return-on-Tangible-Asset or its related term are showing as below:
LSE:TIME'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.78 Med: 2.84 Max: 6.84
Current: 2.97
During the past 13 years, Time Finance's highest Return-on-Tangible-Asset was 6.84%. The lowest was 0.78%. And the median was 2.84%.
LSE:TIME's Return-on-Tangible-Asset is ranked better than 64.59% of 545
companies
in the Credit Services industry
Industry Median: 1.91
vs LSE:TIME: 2.97
Time Finance (LSE:TIME) 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.
Time Finance Return-on-Tangible-Asset Related Terms
Time Finance Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Time Finance'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:TIME vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Time Finance'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.
Time Finance Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Time Finance's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Time Finance'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 (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.06% mean?
Time Finance (LSE:TIME) has a Return-on-Tangible-Asset of 3.06% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Time Finance and its competitors. This is near median its historical median of 2.84. Over the past decade, Time Finance's Return-on-Tangible-Asset has ranged from 0.78 to 6.84. According to the industry distribution chart, Time Finance ranks #193 out of 545 companies in the Credit Services industry, placing it in the top 35.4%.
Is Time Finance's Return-on-Tangible-Asset too high?
Time Finance's current Return-on-Tangible-Asset of 3.06% is near median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 6.84. The Credit Services industry median Return-on-Tangible-Asset is 1.91. Time Finance's value of 3.06% is 60.2% above this industry median. Based on the distribution chart, Time Finance ranks #193 out of 545 companies in the Credit Services industry, which is above the industry midpoint. Overall, Time Finance has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Time Finance's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Time Finance ranks #193 out of 545 companies for Return-on-Tangible-Asset. This puts Time Finance in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.91. Time Finance's value of 3.06% is 60.2% above this benchmark. Historically, Time Finance's own Return-on-Tangible-Asset has ranged from 0.78 to 6.84 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.91, Time Finance 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 1.91, 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. Time Finance's current Return-on-Tangible-Asset of 3.06% is 60.2% 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 Time Finance and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time Finance's current Return-on-Tangible-Asset is 3.06%, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time Finance stock overvalued right now?
Based on GuruFocus' analysis, Time Finance (LSE:TIME) is currently considered Fairly Valued. The stock's GF Value™ is £0.54, compared to a current price of £0.50 — trading 7.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.06%, which is near median its 10-year median of 2.84 and 60.2% above the Credit Services industry median of 1.91. Time Finance's overall GF Score™ is 49/100 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 Time Finance (LSE:TIME), the current Return-on-Tangible-Asset is 3.06% as of Nov. 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 Time Finance (LSE:TIME) Overvalued in 2026?
Based on GuruFocus' analysis, Time Finance stock appears to be undervalued.
The current stock price of £0.50 is trading 7.4% below its estimated GF Value™ of £0.54.
GuruFocus considers Time Finance to be Fairly Valued.
Key valuation signals for LSE:TIME:
Return-on-Tangible-Asset: 3.06% (near median its 10-year median of 2.84)
GF Value™: £0.54 vs. price of £0.50 (7.4% below fair value)
Industry Position: 60.2% above the Credit Services median (#193 of 545)
No single metric tells the full story. See the LSE:TIME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium-sized enterprises) in the United Kingdom. The company operates in Asset Finance and Invoice Finance. It generates maximum of the maximum revenue from the Asset Finance division.
49GF Score
Get the complete analysis for LSE:TIME
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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