WindowMaster International AS (OCSE:WMA) Return-on-Tangible-Asset: 13.90% (As of Dec. 2025) — 2857% Above Median

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OCSE:WMA WindowMaster International AS OCSE:WMA
68 GF Score
Price kr840.00
GF Value kr692.81
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is WindowMaster International AS Return-on-Tangible-Asset?

WindowMaster International AS OCSE:WMA +0.60% 68 Return-on-Tangible-Asset is 13.90% as of Dec. 2025, which is 2857% above its 10-year median of 0.47. GuruFocus rates OCSE:WMA with a GF Score™ of 68/100 and a GF Value™ of kr692.81 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,780 Construction companies, WindowMaster International AS ranks worse than 68.93% 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. WindowMaster International AS's annualized Net Income for the quarter that ended in Dec. 2025 was kr18.8 Mil. WindowMaster International AS's average total tangible assets for the quarter that ended in Dec. 2025 was kr135.0 Mil. Therefore, WindowMaster International AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.90%.

The historical rank and industry rank for WindowMaster International AS's Return-on-Tangible-Asset or its related term are showing as below:

OCSE:WMA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.93   Med: 0.47   Max: 8.12
Current: 0.64

During the past 8 years, WindowMaster International AS's highest Return-on-Tangible-Asset was 8.12%. The lowest was -8.93%. And the median was 0.47%.

OCSE:WMA's Return-on-Tangible-Asset is ranked worse than
68.93% of 1780 companies
in the Construction industry
Industry Median: 3.06 vs OCSE:WMA: 0.64

WindowMaster International AS  (OCSE:WMA) 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 company’s 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 company’s 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.


WindowMaster International AS Return-on-Tangible-Asset Related Terms


WindowMaster International AS Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for WindowMaster International AS'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.

WindowMaster International AS Return-on-Tangible-Asset Chart

WindowMaster International AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -1.92 -1.58 -8.93 8.12 0.67

WindowMaster International AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.41 2.83 12.98 -12.20 13.90

OCSE:WMA vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison

For the Building Products & Equipment subindustry, WindowMaster International AS'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.


WindowMaster International AS Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, WindowMaster International AS's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where WindowMaster International AS's Return-on-Tangible-Asset falls into.


OCSE:WMA
68GF Score
WindowMaster International AS OCSE:WMA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WindowMaster International AS Return-on-Tangible-Asset Calculation

WindowMaster International AS's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.869/( (134.612+125.55)/ 2 )
=0.869/130.081
=0.67 %

WindowMaster International AS's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=18.76/( (144.415+125.55)/ 2 )
=18.76/134.9825
=13.90 %

* 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 13.90% mean?
WindowMaster International AS (OCSE:WMA) has a Return-on-Tangible-Asset of 13.90% 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 WindowMaster International AS and its competitors. This is 2857% above median its historical median of 0.47. According to the industry distribution chart, WindowMaster International AS ranks #1227 out of 1780 companies in the Construction industry, placing it in the top 68.9%.
Is WindowMaster International AS's Return-on-Tangible-Asset too high?
WindowMaster International AS's current Return-on-Tangible-Asset of 13.90% is 2857% above median its 10-year median of 0.47. The Construction industry median Return-on-Tangible-Asset is 3.06. WindowMaster International AS's value of 13.90% is 354.2% above this industry median. Based on the distribution chart, WindowMaster International AS ranks #1227 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, WindowMaster International AS has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WindowMaster International AS's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, WindowMaster International AS ranks #1227 out of 1780 companies for Return-on-Tangible-Asset. This places WindowMaster International AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. WindowMaster International AS's value of 13.90% is 354.2% above this benchmark. While the company's 10-year median is 0.47 vs. the industry median of 3.06, WindowMaster International AS 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. WindowMaster International AS's current Return-on-Tangible-Asset of 13.90% is 354.2% 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 WindowMaster International AS and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WindowMaster International AS's current Return-on-Tangible-Asset is 13.90%, which is 2857% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WindowMaster International AS stock overvalued right now?
Based on GuruFocus' analysis, WindowMaster International AS (OCSE:WMA) is currently considered Modestly Overvalued. The stock's GF Value™ is kr692.81, compared to a current price of kr840.00 — trading 21.2% above its estimated fair value. The current Return-on-Tangible-Asset is 13.90%, which is 2857% above median its 10-year median of 0.47 and 354.2% above the Construction industry median of 3.06. WindowMaster International AS's overall GF Score™ is 68/100 with 4 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 WindowMaster International AS (OCSE:WMA), the current Return-on-Tangible-Asset is 13.90% 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 WindowMaster International AS (OCSE:WMA) Overvalued in 2026?

Based on GuruFocus' analysis, WindowMaster International AS stock appears to be overvalued. The current stock price of kr840.00 is trading 21.2% above its estimated GF Value™ of kr692.81. GuruFocus considers WindowMaster International AS to be Modestly Overvalued.

Key valuation signals for OCSE:WMA:

  • Return-on-Tangible-Asset: 13.90% (2857% above median its 10-year median of 0.47)
  • GF Value™: kr692.81 vs. price of kr840.00 (21.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 354.2% above the Construction median (#1227 of 1780)

No single metric tells the full story. See the OCSE:WMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WindowMaster International AS Business Description

Other Exchanges 9FF0:Germany
Address Skelstedet 13, Vedbaek, DNK, 2950
WindowMaster International AS is a Danish cleantech company that provides intelligent natural ventilation solutions and heat and smoke ventilation solutions for commercial use. The company delivers both hardware (window actuators, sensors, and control panels) as well as the software required for every element of the natural ventilation solution to interact intelligently and flexibly. Its products include Actuators and Accessories, Controllers; Sensors and Detectors Accessories; and Spare parts. The group serves five segments: Nordic, DACH, UK & Ireland, North America, and international. It derives maximum revenue from DACH.
68GF Score

Get the complete analysis for OCSE:WMA

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr840.00
Price
kr692.81
GF Value