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TKH Group NVLTS:0NO1 -0.41%80 Return-on-Tangible-Asset is 10.23% as of Dec. 2025, which is 2% above its 10-year median of 9.99. GuruFocus rates LTS:0NO1 with a GF Score™ of 80/100 and a GF Value™ of €39.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,501 Hardware companies, TKH Group NV ranks better than 71.73% 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. TKH Group NV's annualizedNet Income for the quarter that ended in Dec. 2025 was €161 Mil. TKH Group NV's average total tangible assets for the quarter that ended in Dec. 2025 was €1,577 Mil. Therefore, TKH Group NV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.23%.
The historical rank and industry rank for TKH Group NV's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0NO1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.73 Med: 9.99 Max: 11.59
Current: 5.95
During the past 13 years, TKH Group NV's highest Return-on-Tangible-Asset was 11.59%. The lowest was 4.73%. And the median was 9.99%.
LTS:0NO1's Return-on-Tangible-Asset is ranked better than 71.73% of 2501
companies
in the Hardware industry
Industry Median: 2.44
vs LTS:0NO1: 5.95
TKH Group NV (LTS:0NO1) 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.
TKH Group NV Return-on-Tangible-Asset Related Terms
TKH Group NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TKH Group NV'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.
LTS:0NO1 vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, TKH Group NV'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.
TKH Group NV Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, TKH Group NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TKH Group NV'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.23% mean?
TKH Group NV (LTS:0NO1) has a Return-on-Tangible-Asset of 10.23% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on TKH Group NV and its competitors. This is near median its historical median of 9.99. Over the past decade, TKH Group NV's Return-on-Tangible-Asset has ranged from 4.73 to 11.59. According to the industry distribution chart, TKH Group NV ranks #707 out of 2501 companies in the Hardware industry, placing it in the top 28.3%.
Is TKH Group NV's Return-on-Tangible-Asset too high?
TKH Group NV's current Return-on-Tangible-Asset of 10.23% is near median its 10-year median of 9.99. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 11.59. The Hardware industry median Return-on-Tangible-Asset is 2.44. TKH Group NV's value of 10.23% is 319.3% above this industry median. Based on the distribution chart, TKH Group NV ranks #707 out of 2501 companies in the Hardware industry, which is above the industry midpoint. Overall, TKH Group NV has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TKH Group NV's Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TKH Group NV ranks #707 out of 2501 companies for Return-on-Tangible-Asset. This puts TKH Group NV in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.44. TKH Group NV's value of 10.23% is 319.3% above this benchmark. Historically, TKH Group NV's own Return-on-Tangible-Asset has ranged from 4.73 to 11.59 over the past decade. While the company's 10-year median is 9.99 vs. the industry median of 2.44, TKH Group NV 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 2.44, 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. TKH Group NV's current Return-on-Tangible-Asset of 10.23% is 319.3% 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 TKH Group NV and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TKH Group NV's current Return-on-Tangible-Asset is 10.23%, which is near median its own 10-year median of 9.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKH Group NV stock overvalued right now?
Based on GuruFocus' analysis, TKH Group NV (LTS:0NO1) is currently considered Fairly Valued. The stock's GF Value™ is €39.85, compared to a current price of €43.20 — trading 8.4% above its estimated fair value. The current Return-on-Tangible-Asset is 10.23%, which is near median its 10-year median of 9.99 and 319.3% above the Hardware industry median of 2.44. TKH Group NV's overall GF Score™ is 80/100 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 TKH Group NV (LTS:0NO1), the current Return-on-Tangible-Asset is 10.23% as of Dec. 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 TKH Group NV (LTS:0NO1) Overvalued in 2026?
Based on GuruFocus' analysis, TKH Group NV stock appears to be overvalued.
The current stock price of €43.20 is trading 8.4% above its estimated GF Value™ of €39.85.
GuruFocus considers TKH Group NV to be Fairly Valued.
Key valuation signals for LTS:0NO1:
Return-on-Tangible-Asset: 10.23% (near median its 10-year median of 9.99)
GF Value™: €39.85 vs. price of €43.20 (8.4% above fair value)
Industry Position: 319.3% above the Hardware median (#707 of 2501)
No single metric tells the full story. See the LTS:0NO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments, which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. The firm derives revenue from the Netherlands, Europe (other), Asia, North America, and other. The Smart Vision systems segment operates through a coherent, vertically integrated business model combining hardware, software, and service focused on delivering end-to-end 2D/3D vision and security solutions. Smart Manufacturing systems segment focuses on delivering automated, software-driven production systems for specialized industrial markets. Smart Connectivity systems segment operates as a technology-driven provider of specialized connectivity solutions.
80GF Score
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