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Ludwig EnterprisesLUDG Return-on-Tangible-Asset is 117.19% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Ludwig Enterprises ranks worse than 97.54% 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. Ludwig Enterprises's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.88 Mil. Ludwig Enterprises's average total tangible assets for the quarter that ended in Mar. 2026 was $0.75 Mil. Therefore, Ludwig Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 117.19%.
The historical rank and industry rank for Ludwig Enterprises's Return-on-Tangible-Asset or its related term are showing as below:
LUDG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1946.45 Med: -902.91 Max: -187.02
Current: -307.37
During the past 4 years, Ludwig Enterprises's highest Return-on-Tangible-Asset was -187.02%. The lowest was -1946.45%. And the median was -902.91%.
LUDG's Return-on-Tangible-Asset is ranked worse than 97.54% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.665
vs LUDG: -307.37
Ludwig Enterprises (OTCPK:LUDG) 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.
Ludwig Enterprises Return-on-Tangible-Asset Related Terms
Ludwig Enterprises Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ludwig Enterprises'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.
LUDG vs TNON, POAS, XAIR: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, Ludwig Enterprises'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.
Ludwig Enterprises Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ludwig Enterprises's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ludwig Enterprises'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 117.19% mean?
Ludwig Enterprises (LUDG) has a Return-on-Tangible-Asset of 117.19% 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 Ludwig Enterprises and its competitors. According to the industry distribution chart, Ludwig Enterprises ranks #833 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 97.5%.
Is Ludwig Enterprises' Return-on-Tangible-Asset too high?
Ludwig Enterprises' current Return-on-Tangible-Asset is 117.19%. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.67. Ludwig Enterprises' value of 117.19% is 17522.6% above this industry median. Based on the distribution chart, Ludwig Enterprises ranks #833 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Ludwig Enterprises' Return-on-Tangible-Asset compare to TNON and POAS?
According to the Medical Devices & Instruments industry distribution chart, Ludwig Enterprises ranks #833 out of 854 companies for Return-on-Tangible-Asset. This places Ludwig Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.67. Ludwig Enterprises' value of 117.19% is 17522.6% above this benchmark. 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.67, based on 854 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. Ludwig Enterprises's current Return-on-Tangible-Asset of 117.19% is 17522.6% 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 Ludwig Enterprises and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ludwig Enterprises's current Return-on-Tangible-Asset is 117.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ludwig Enterprises stock overvalued right now?
Ludwig Enterprises (LUDG) has a current Return-on-Tangible-Asset of 117.19%. The current Return-on-Tangible-Asset is 117.19% and 17522.6% above the Medical Devices & Instruments industry median of 0.67. 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 Ludwig Enterprises (LUDG), the current Return-on-Tangible-Asset is 117.19% 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.
Ludwig Enterprises Inc is an early-stage genomic technology company focused on developing screening tests for inflammation-related chronic diseases, including cancers. Its platform integrates mRNA inflammatory biomarkers, proprietary machine-learning algorithms, and at-home cheek swab collection kits designed to provide a differentiated and patient-friendly approach to cancer screening. The company's business model combines a business-to-business-to-consumer (B2B2C) approach with partnerships through CLIA-certified laboratories. It is focused on offering home collection kits directly to patients, supported by certified genetic counselors, while also enabling independent laboratories to provide the Revealia Breast test (Ludwig's key product candidate) as a Laboratory Developed Test (LDT).
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