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. Sarsys AB's annualizedNet Income for the quarter that ended in Dec. 2025 was kr-0.91 Mil. Sarsys AB's average total tangible assets for the quarter that ended in Dec. 2025 was kr33.34 Mil. Therefore, Sarsys AB's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.72%.
The historical rank and industry rank for Sarsys AB's Return-on-Tangible-Asset or its related term are showing as below:
NGM:SARS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -44.5 Med: -16.18 Max: 8.84
Current: -28.49
During the past 13 years, Sarsys AB's highest Return-on-Tangible-Asset was 8.84%. The lowest was -44.50%. And the median was -16.18%.
NGM:SARS's Return-on-Tangible-Asset is ranked worse than 93.49% of 2505
companies
in the Hardware industry
Industry Median: 2.43
vs NGM:SARS: -28.49
Sarsys AB (NGM:SARS) 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.
Sarsys AB Return-on-Tangible-Asset Related Terms
Sarsys AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sarsys AB'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.
NGM:SARS vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Sarsys AB'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.
Sarsys AB Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Sarsys AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sarsys AB'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 -2.72% mean?
Sarsys AB (NGM:SARS) has a Return-on-Tangible-Asset of -2.72% 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 Sarsys AB and its competitors. According to the industry distribution chart, Sarsys AB ranks #2342 out of 2505 companies in the Hardware industry, placing it in the top 93.5%.
Is Sarsys AB's Return-on-Tangible-Asset too high?
Sarsys AB's current Return-on-Tangible-Asset is -2.72%. Based on the distribution chart, Sarsys AB ranks #2342 out of 2505 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sarsys AB has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sarsys AB's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Sarsys AB ranks #2342 out of 2505 companies for Return-on-Tangible-Asset. This places Sarsys AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.43. 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 2,505 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. 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 Sarsys AB 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. Sarsys AB's current Return-on-Tangible-Asset is -2.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sarsys AB stock overvalued right now?
Based on GuruFocus' analysis, Sarsys AB (NGM:SARS) is currently considered Fairly Valued. The stock's GF Value™ is kr0.59, compared to a current price of kr0.56 — trading 4.7% below its estimated fair value. The current Return-on-Tangible-Asset is -2.72%. Sarsys AB's overall GF Score™ is 34/100 with 5 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 Sarsys AB (NGM:SARS), the current Return-on-Tangible-Asset is -2.72% 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.
Is Sarsys AB (NGM:SARS) Overvalued in 2026?
Based on GuruFocus' analysis, Sarsys AB stock appears to be undervalued.
The current stock price of kr0.56 is trading 4.7% below its estimated GF Value™ of kr0.59.
GuruFocus considers Sarsys AB to be Fairly Valued.
Key valuation signals for NGM:SARS:
Return-on-Tangible-Asset: -2.72%
GF Value™: kr0.59 vs. price of kr0.56 (4.7% below fair value)
No single metric tells the full story. See the NGM:SARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sarsys AB formerly SARSYS-ASFT AB is a developer and manufacturer of Continuous Friction Measuring Equipment and provider of cutting-edge ITS and Road/Runway Weather Information System. ASTF products include Volvo XC60/V90 Friction Tester, VW Sharan Friction, Skoda Octavia Friction, T-5 Trailer Friction, and T2GO Friction Tester. SARSYS products include Sarsys Volvo Friction Tester (V90), Sarsys Opel Friction, Sarsys Friction Tester Transporter, and Sarsys Trailer Friction Tester. The products include computerized technology for monitoring factors such as friction, freezing points, early ice warning-systems, precipitation, groundfrost, ice deposit growth, camera-surveillance systems among others.
34GF Score
Get the complete analysis for NGM:SARS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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