Netum Group OyjOHEL:NETUM 57 Return-on-Tangible-Asset is 41.41% as of Dec. 2025, which is 343% above its 10-year median of 9.35. GuruFocus rates OHEL:NETUM with a GF Score™ of 57/100 and a GF Value™ of €2.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,877 Software companies, Netum Group Oyj ranks better than 78.45% 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. Netum Group Oyj's annualizedNet Income for the quarter that ended in Dec. 2025 was €2.97 Mil. Netum Group Oyj's average total tangible assets for the quarter that ended in Dec. 2025 was €7.16 Mil. Therefore, Netum Group Oyj's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 41.41%.
The historical rank and industry rank for Netum Group Oyj's Return-on-Tangible-Asset or its related term are showing as below:
OHEL:NETUM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.06 Med: 9.35 Max: 32.16
Current: 10.74
During the past 8 years, Netum Group Oyj's highest Return-on-Tangible-Asset was 32.16%. The lowest was -12.06%. And the median was 9.35%.
OHEL:NETUM's Return-on-Tangible-Asset is ranked better than 78.45% of 2877
companies
in the Software industry
Industry Median: 2.04
vs OHEL:NETUM: 10.74
Netum Group Oyj (OHEL:NETUM) 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.
Netum Group Oyj Return-on-Tangible-Asset Related Terms
Netum Group Oyj Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Netum Group Oyj'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.
OHEL:NETUM vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Netum Group Oyj'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.
Netum Group Oyj Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Netum Group Oyj's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Netum Group Oyj'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 41.41% mean?
Netum Group Oyj (OHEL:NETUM) has a Return-on-Tangible-Asset of 41.41% 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 Netum Group Oyj and its competitors. This is 343% above median its historical median of 9.35. According to the industry distribution chart, Netum Group Oyj ranks #620 out of 2877 companies in the Software industry, placing it in the top 21.6%.
Is Netum Group Oyj's Return-on-Tangible-Asset too high?
Netum Group Oyj's current Return-on-Tangible-Asset of 41.41% is 343% above median its 10-year median of 9.35. The Software industry median Return-on-Tangible-Asset is 2.04. Netum Group Oyj's value of 41.41% is 1929.9% above this industry median. Based on the distribution chart, Netum Group Oyj ranks #620 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netum Group Oyj has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netum Group Oyj's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Netum Group Oyj ranks #620 out of 2877 companies for Return-on-Tangible-Asset. This places Netum Group Oyj in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Netum Group Oyj's value of 41.41% is 1929.9% above this benchmark. While the company's 10-year median is 9.35 vs. the industry median of 2.04, Netum Group Oyj 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,877 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. Netum Group Oyj's current Return-on-Tangible-Asset of 41.41% is 1929.9% 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 Netum Group Oyj and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netum Group Oyj's current Return-on-Tangible-Asset is 41.41%, which is 343% above median its own 10-year median of 9.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netum Group Oyj stock overvalued right now?
Based on GuruFocus' analysis, Netum Group Oyj (OHEL:NETUM) is currently considered Possible Value Trap. The stock's GF Value™ is €2.45, compared to a current price of €1.02 — trading 58.4% below its estimated fair value. The current Return-on-Tangible-Asset is 41.41%, which is 343% above median its 10-year median of 9.35 and 1929.9% above the Software industry median of 2.04. Netum Group Oyj's overall GF Score™ is 57/100 with 6 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 Netum Group Oyj (OHEL:NETUM), the current Return-on-Tangible-Asset is 41.41% 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 Netum Group Oyj (OHEL:NETUM) Overvalued in 2026?
Based on GuruFocus' analysis, Netum Group Oyj stock appears to be undervalued.
The current stock price of €1.02 is trading 58.4% below its estimated GF Value™ of €2.45.
GuruFocus considers Netum Group Oyj to be Possible Value Trap.
Key valuation signals for OHEL:NETUM:
Return-on-Tangible-Asset: 41.41% (343% above median its 10-year median of 9.35)
GF Value™: €2.45 vs. price of €1.02 (58.4% below fair value)
Industry Position: 1929.9% above the Software median (#620 of 2877)
No single metric tells the full story. See the OHEL:NETUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netum Group Oyj is a fast-growing information technology service house. The company serves public administration and corporate customers with the legacy of digi concept, which combines existing traditional information technology solutions with the latest digital applications. Netum's services include digital services development, system continuity services, data and analysis services, integration services, cyber security services, and management consulting services.
57GF Score
Get the complete analysis for OHEL:NETUM
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
OHEL:NETUM has been successfully added to your 
