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Circio Holding ASALTS:0RIS -5.22%23 Return-on-Tangible-Asset is -399.40% as of Dec. 2025. GuruFocus rates LTS:0RIS with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 1,415 Biotechnology companies, Circio Holding ASA ranks worse than 94.98% 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. Circio Holding ASA's annualizedNet Income for the quarter that ended in Dec. 2025 was kr-46.94 Mil. Circio Holding ASA's average total tangible assets for the quarter that ended in Dec. 2025 was kr11.75 Mil. Therefore, Circio Holding ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -399.40%.
The historical rank and industry rank for Circio Holding ASA's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0RIS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -303.83 Med: -82 Max: 242.08
Current: -303.83
During the past 13 years, Circio Holding ASA's highest Return-on-Tangible-Asset was 242.08%. The lowest was -303.83%. And the median was -82.00%.
LTS:0RIS's Return-on-Tangible-Asset is ranked worse than 94.98% of 1415
companies
in the Biotechnology industry
Industry Median: -35.49
vs LTS:0RIS: -303.83
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.
Circio Holding ASA Return-on-Tangible-Asset Related Terms
Circio Holding ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Circio Holding ASA'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:0RIS vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Circio Holding ASA'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.
Circio Holding ASA Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Circio Holding ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Circio Holding ASA'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 -399.40% mean?
Circio Holding ASA (LTS:0RIS) has a Return-on-Tangible-Asset of -399.40% 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 Circio Holding ASA and its competitors. According to the industry distribution chart, Circio Holding ASA ranks #1344 out of 1415 companies in the Biotechnology industry, placing it in the top 95%.
Is Circio Holding ASA's Return-on-Tangible-Asset too high?
Circio Holding ASA's current Return-on-Tangible-Asset is -399.40%. Based on the distribution chart, Circio Holding ASA ranks #1344 out of 1415 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Circio Holding ASA has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Circio Holding ASA's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Circio Holding ASA ranks #1344 out of 1415 companies for Return-on-Tangible-Asset. This places Circio Holding ASA in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Circio Holding ASA and its competitors. Circio Holding ASA's current Return-on-Tangible-Asset is -399.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circio Holding ASA stock overvalued right now?
Circio Holding ASA (LTS:0RIS) has a current Return-on-Tangible-Asset of -399.40%. The current Return-on-Tangible-Asset is -399.40%. Circio Holding ASA's overall GF Score™ is 23/100 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 Circio Holding ASA (LTS:0RIS), the current Return-on-Tangible-Asset is -399.40% 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.
Circio Holding ASA is a biotechnology company developing circular RNA expression technology for gene and cell therapy applications. It has developed a circular RNA (circRNA) vector expression platform known as circVec, which is based on modular genetic constructs designed for circRNA production within target cells. The platform is being developed for applications including genetic medicine, cell therapy, and chronic disease treatment. The company's activities also include the development of RNA, DNA, and viral therapeutic technologies related to gene expression and protein production.
23GF Score
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