Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Guardant HealthMEX:GH 13 Return-on-Tangible-Asset is -24.10% as of Mar. 2026. GuruFocus rates MEX:GH with a GF Score™ of 13/100 and a GF Value™ of MXN1,353.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 213 Medical Diagnostics & Research companies, Guardant Health ranks worse than 74.18% 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. Guardant Health's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN-8,084 Mil. Guardant Health's average total tangible assets for the quarter that ended in Mar. 2026 was MXN33,542 Mil. Therefore, Guardant Health's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -24.10%.
The historical rank and industry rank for Guardant Health's Return-on-Tangible-Asset or its related term are showing as below:
MEX:GH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.58 Med: -25.73 Max: -9.93
Current: -28.32
During the past 10 years, Guardant Health's highest Return-on-Tangible-Asset was -9.93%. The lowest was -39.58%. And the median was -25.73%.
MEX:GH's Return-on-Tangible-Asset is ranked worse than 74.18% of 213
companies
in the Medical Diagnostics & Research industry
Industry Median: -2.4
vs MEX:GH: -28.32
Guardant Health (MEX:GH) 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.
Guardant Health Return-on-Tangible-Asset Related Terms
Guardant Health Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Guardant Health'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:GH vs LH, DGX, MEDP: Return-on-Tangible-Asset Comparison
For the Diagnostics & Research subindustry, Guardant Health'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.
Guardant Health Return-on-Tangible-Asset vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Guardant Health's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guardant Health'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 -24.10% mean?
Guardant Health (MEX:GH) has a Return-on-Tangible-Asset of -24.10% 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 Guardant Health and its competitors. According to the industry distribution chart, Guardant Health ranks #158 out of 213 companies in the Medical Diagnostics & Research industry, placing it in the top 74.2%.
Is Guardant Health's Return-on-Tangible-Asset too high?
Guardant Health's current Return-on-Tangible-Asset is -24.10%. Based on the distribution chart, Guardant Health ranks #158 out of 213 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Guardant Health has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guardant Health's Return-on-Tangible-Asset compare to LH and DGX?
According to the Medical Diagnostics & Research industry distribution chart, Guardant Health ranks #158 out of 213 companies for Return-on-Tangible-Asset. This places Guardant Health 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 Medical Diagnostics & Research company?
A good Return-on-Tangible-Asset depends on the Medical Diagnostics & Research 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 Guardant Health and its competitors. Guardant Health's current Return-on-Tangible-Asset is -24.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guardant Health stock overvalued right now?
Based on GuruFocus' analysis, Guardant Health (MEX:GH) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,353.64, compared to a current price of MXN2,590.00 — trading 91.3% above its estimated fair value. The current Return-on-Tangible-Asset is -24.10%. Guardant Health's overall GF Score™ is 13/100 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 Guardant Health (MEX:GH), the current Return-on-Tangible-Asset is -24.10% 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 Guardant Health (MEX:GH) Overvalued in 2026?
Based on GuruFocus' analysis, Guardant Health stock appears to be overvalued.
The current stock price of MXN2,590.00 is trading 91.3% above its estimated GF Value™ of MXN1,353.64.
GuruFocus considers Guardant Health to be Significantly Overvalued.
Key valuation signals for MEX:GH:
Return-on-Tangible-Asset: -24.10%
GF Value™: MXN1,353.64 vs. price of MXN2,590.00 (91.3% above fair value)
No single metric tells the full story. See the MEX:GH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guardant Health, based in Redwood City, California, is a leader in liquid-based cancer tests for clinical and research use. The company's main franchises are Guardant360 for genomic profiling of tumors, Reveal for molecular residual disease testing, and Shield for colorectal cancer screening. Additionally, Guardant offers research development services such as regulatory approval consultancy and clinical trial referrals.
13GF Score
Get the complete analysis for MEX:GH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:GH has been successfully added to your 
