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Leonardo DRSMEX:DRS 79 Return-on-Tangible-Asset is 8.27% as of Mar. 2026, which is 4% above its 10-year median of 7.97. GuruFocus rates MEX:DRS with a GF Score™ of 79/100 and a GF Value™ of MXN562.46. The stock has 1 warning sign investors should review. Among 359 Aerospace & Defense companies, Leonardo DRS ranks better than 84.12% 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. Leonardo DRS's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN4,472 Mil. Leonardo DRS's average total tangible assets for the quarter that ended in Mar. 2026 was MXN54,083 Mil. Therefore, Leonardo DRS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.27%.
The historical rank and industry rank for Leonardo DRS's Return-on-Tangible-Asset or its related term are showing as below:
MEX:DRS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.26 Med: 7.97 Max: 19.22
Current: 10.11
During the past 8 years, Leonardo DRS's highest Return-on-Tangible-Asset was 19.22%. The lowest was 4.26%. And the median was 7.97%.
MEX:DRS's Return-on-Tangible-Asset is ranked better than 84.12% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs MEX:DRS: 10.11
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.
Leonardo DRS Return-on-Tangible-Asset Related Terms
Leonardo DRS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Leonardo DRS'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.
MEX:DRS vs HII, PL, SARO: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Leonardo DRS'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.
Leonardo DRS Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Leonardo DRS'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 8.27% mean?
Leonardo DRS (MEX:DRS) has a Return-on-Tangible-Asset of 8.27% 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 Leonardo DRS and its competitors. This is near median its historical median of 7.97. Over the past decade, Leonardo DRS's Return-on-Tangible-Asset has ranged from 4.26 to 19.22. According to the industry distribution chart, Leonardo DRS ranks #57 out of 359 companies in the Aerospace & Defense industry, placing it in the top 15.9%.
Is Leonardo DRS's Return-on-Tangible-Asset too high?
Leonardo DRS's current Return-on-Tangible-Asset of 8.27% is near median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 19.22. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. Leonardo DRS's value of 8.27% is 171.1% above this industry median. Based on the distribution chart, Leonardo DRS ranks #57 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Leonardo DRS has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's Return-on-Tangible-Asset compare to HII and PL?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #57 out of 359 companies for Return-on-Tangible-Asset. This places Leonardo DRS in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Leonardo DRS's value of 8.27% is 171.1% above this benchmark. Historically, Leonardo DRS's own Return-on-Tangible-Asset has ranged from 4.26 to 19.22 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 3.05, Leonardo DRS 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. Leonardo DRS's current Return-on-Tangible-Asset of 8.27% is 171.1% 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 Leonardo DRS and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo DRS's current Return-on-Tangible-Asset is 8.27%, which is near median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo DRS stock overvalued right now?
Leonardo DRS (MEX:DRS) has a current Return-on-Tangible-Asset of 8.27%. The stock's GF Value™ is MXN562.46, compared to a current price of MXN680.00 — trading 20.9% above its estimated fair value. The current Return-on-Tangible-Asset is 8.27%, which is near median its 10-year median of 7.97 and 171.1% above the Aerospace & Defense industry median of 3.05. Leonardo DRS's overall GF Score™ is 79/100 with 1 warning sign 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 Leonardo DRS (MEX:DRS), the current Return-on-Tangible-Asset is 8.27% 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.
Is Leonardo DRS (MEX:DRS) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued.
The current stock price of MXN680.00 is trading 20.9% above its estimated GF Value™ of MXN562.46.
Key valuation signals for MEX:DRS:
Return-on-Tangible-Asset: 8.27% (near median its 10-year median of 7.97)
GF Value™: MXN562.46 vs. price of MXN680.00 (20.9% above fair value)
Industry Position: 171.1% above the Aerospace & Defense median (#57 of 359)
No single metric tells the full story. See the MEX:DRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
79GF Score
Get the complete analysis for MEX:DRS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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