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. EmbeddedArt Group AB (publ)'s annualizedNet Income for the quarter that ended in Mar. 2026 was kr1.88 Mil. EmbeddedArt Group AB (publ)'s average total tangible assets for the quarter that ended in Mar. 2026 was kr29.68 Mil. Therefore, EmbeddedArt Group AB (publ)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.32%.
The historical rank and industry rank for EmbeddedArt Group AB (publ)'s Return-on-Tangible-Asset or its related term are showing as below:
NGM:EMART'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -258.3 Med: -92.91 Max: 11.44
Current: 6.24
During the past 13 years, EmbeddedArt Group AB (publ)'s highest Return-on-Tangible-Asset was 11.44%. The lowest was -258.30%. And the median was -92.91%.
NGM:EMART's Return-on-Tangible-Asset is ranked better than 73.34% of 2498
companies
in the Hardware industry
Industry Median: 2.425
vs NGM:EMART: 6.24
EmbeddedArt Group AB (publ) (NGM:EMART) 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.
EmbeddedArt Group AB (publ) Return-on-Tangible-Asset Related Terms
EmbeddedArt Group AB (publ) Return-on-Tangible-Asset Historical Data
* 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.
EmbeddedArt Group AB (publ) Return-on-Tangible-Asset Chart
NGM:EMART vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, EmbeddedArt Group AB (publ)'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.
EmbeddedArt Group AB (publ) Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, EmbeddedArt Group AB (publ)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where EmbeddedArt Group AB (publ)'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 6.32% mean?
EmbeddedArt Group AB (publ) (NGM:EMART) has a Return-on-Tangible-Asset of 6.32% 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 EmbeddedArt Group AB (publ) and its competitors. According to the industry distribution chart, EmbeddedArt Group AB (publ) ranks #666 out of 2498 companies in the Hardware industry, placing it in the top 26.7%.
Is EmbeddedArt Group AB (publ)'s Return-on-Tangible-Asset too high?
EmbeddedArt Group AB (publ)'s current Return-on-Tangible-Asset is 6.32%. The Hardware industry median Return-on-Tangible-Asset is 2.43. EmbeddedArt Group AB (publ)'s value of 6.32% is 160.6% above this industry median. Based on the distribution chart, EmbeddedArt Group AB (publ) ranks #666 out of 2498 companies in the Hardware industry, which is above the industry midpoint. Overall, EmbeddedArt Group AB (publ) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does EmbeddedArt Group AB (publ)'s Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, EmbeddedArt Group AB (publ) ranks #666 out of 2498 companies for Return-on-Tangible-Asset. This puts EmbeddedArt Group AB (publ) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.43. EmbeddedArt Group AB (publ)'s value of 6.32% is 160.6% 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,498 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. EmbeddedArt Group AB (publ)'s current Return-on-Tangible-Asset of 6.32% is 160.6% 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 EmbeddedArt Group AB (publ) and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EmbeddedArt Group AB (publ)'s current Return-on-Tangible-Asset is 6.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EmbeddedArt Group AB (publ) stock overvalued right now?
EmbeddedArt Group AB (publ) (NGM:EMART) has a current Return-on-Tangible-Asset of 6.32%. The current Return-on-Tangible-Asset is 6.32% and 160.6% above the Hardware industry median of 2.43. EmbeddedArt Group AB (publ)'s overall GF Score™ is 20/100 with 2 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 EmbeddedArt Group AB (publ) (NGM:EMART), the current Return-on-Tangible-Asset is 6.32% 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.
EmbeddedArt Group AB (publ) offers security solutions. The company develops, manufactures and sells alarm and surveillance systems. The products are sold under various brands and via the company's resellers, where the customers are mainly boat owners and other private individuals.
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