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Promisia HealthcareNZSE:PHL +4.23%29 Return-on-Tangible-Asset is 13.90% as of Mar. 2026. GuruFocus rates NZSE:PHL with a GF Score™ of 29/100 and a GF Value™ of NZ$0.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 680 Healthcare Providers & Services companies, Promisia Healthcare ranks better than 70.88% 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. Promisia Healthcare's annualizedNet Income for the quarter that ended in Mar. 2026 was NZ$25.94 Mil. Promisia Healthcare's average total tangible assets for the quarter that ended in Mar. 2026 was NZ$186.70 Mil. Therefore, Promisia Healthcare's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.90%.
The historical rank and industry rank for Promisia Healthcare's Return-on-Tangible-Asset or its related term are showing as below:
NZSE:PHL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -144.05 Med: -6.69 Max: 7.83
Current: 7.11
During the past 13 years, Promisia Healthcare's highest Return-on-Tangible-Asset was 7.83%. The lowest was -144.05%. And the median was -6.69%.
NZSE:PHL's Return-on-Tangible-Asset is ranked better than 70.88% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.605
vs NZSE:PHL: 7.11
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.
Promisia Healthcare Return-on-Tangible-Asset Related Terms
Promisia Healthcare Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Promisia Healthcare'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.
NZSE:PHL vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Promisia Healthcare'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.
Promisia Healthcare Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Promisia Healthcare's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Promisia Healthcare'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 13.90% mean?
Promisia Healthcare (NZSE:PHL) has a Return-on-Tangible-Asset of 13.90% 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 Promisia Healthcare and its competitors. According to the industry distribution chart, Promisia Healthcare ranks #198 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 29.1%.
Is Promisia Healthcare's Return-on-Tangible-Asset too high?
Promisia Healthcare's current Return-on-Tangible-Asset is 13.90%. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.61. Promisia Healthcare's value of 13.90% is 433.6% above this industry median. Based on the distribution chart, Promisia Healthcare ranks #198 out of 680 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Promisia Healthcare has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Promisia Healthcare's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Promisia Healthcare ranks #198 out of 680 companies for Return-on-Tangible-Asset. This puts Promisia Healthcare in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.61. Promisia Healthcare's value of 13.90% is 433.6% 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.61, based on 680 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. Promisia Healthcare's current Return-on-Tangible-Asset of 13.90% is 433.6% 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 Promisia Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promisia Healthcare's current Return-on-Tangible-Asset is 13.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promisia Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Promisia Healthcare (NZSE:PHL) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.42, compared to a current price of NZ$0.74 — trading 76.2% above its estimated fair value. The current Return-on-Tangible-Asset is 13.90% and 433.6% above the Healthcare Providers & Services industry median of 2.61. Promisia Healthcare's overall GF Score™ is 29/100 with 8 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 Promisia Healthcare (NZSE:PHL), the current Return-on-Tangible-Asset is 13.90% 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 Promisia Healthcare (NZSE:PHL) Overvalued in 2026?
Based on GuruFocus' analysis, Promisia Healthcare stock appears to be overvalued.
The current stock price of NZ$0.74 is trading 76.2% above its estimated GF Value™ of NZ$0.42.
GuruFocus considers Promisia Healthcare to be Significantly Overvalued.
Key valuation signals for NZSE:PHL:
Return-on-Tangible-Asset: 13.90%
GF Value™: NZ$0.42 vs. price of NZ$0.74 (76.2% above fair value)
Industry Position: 433.6% above the Healthcare Providers & Services median (#198 of 680)
No single metric tells the full story. See the NZSE:PHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promisia Healthcare Ltd is engaged in the provision of aged care in New Zealand. The company's services include Resthome Care, Hospital (Continuing) Care, Respite (Short Term) Care, Young Disabled Care, Dementia Care, and others. The Group operates in one operating segment: the provision of aged care in New Zealand.
29GF Score
Get the complete analysis for NZSE:PHL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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