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ADS Maritime HoldingOSL:ADS +5.13%46 Return-on-Tangible-Asset is 10.87% as of Dec. 2025, which is 71% above its 10-year median of 6.34. GuruFocus rates OSL:ADS with a GF Score™ of 46/100 and a GF Value™ of kr1.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,009 Transportation companies, ADS Maritime Holding ranks worse than 51.04% 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. ADS Maritime Holding's annualizedNet Income for the quarter that ended in Dec. 2025 was kr25.47 Mil. ADS Maritime Holding's average total tangible assets for the quarter that ended in Dec. 2025 was kr234.27 Mil. Therefore, ADS Maritime Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.87%.
The historical rank and industry rank for ADS Maritime Holding's Return-on-Tangible-Asset or its related term are showing as below:
OSL:ADS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.99 Med: 6.34 Max: 23.9
Current: 3.68
During the past 8 years, ADS Maritime Holding's highest Return-on-Tangible-Asset was 23.90%. The lowest was -0.99%. And the median was 6.34%.
OSL:ADS's Return-on-Tangible-Asset is ranked worse than 51.04% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs OSL:ADS: 3.68
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.
ADS Maritime Holding Return-on-Tangible-Asset Related Terms
ADS Maritime Holding Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ADS Maritime Holding'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.
For the Marine Shipping subindustry, ADS Maritime Holding'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.
ADS Maritime Holding Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, ADS Maritime Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ADS Maritime Holding'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.87% mean?
ADS Maritime Holding (OSL:ADS) has a Return-on-Tangible-Asset of 10.87% 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 ADS Maritime Holding and its competitors. This is 71% above median its historical median of 6.34. According to the industry distribution chart, ADS Maritime Holding ranks #515 out of 1009 companies in the Transportation industry, placing it in the top 51%.
Is ADS Maritime Holding's Return-on-Tangible-Asset too high?
ADS Maritime Holding's current Return-on-Tangible-Asset of 10.87% is 71% above median its 10-year median of 6.34. The Transportation industry median Return-on-Tangible-Asset is 3.78. ADS Maritime Holding's value of 10.87% is 187.6% above this industry median. Based on the distribution chart, ADS Maritime Holding ranks #515 out of 1009 companies in the Transportation industry, which is below the industry midpoint. Overall, ADS Maritime Holding has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADS Maritime Holding's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, ADS Maritime Holding ranks #515 out of 1009 companies for Return-on-Tangible-Asset. This places ADS Maritime Holding in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.78. ADS Maritime Holding's value of 10.87% is 187.6% above this benchmark. While the company's 10-year median is 6.34 vs. the industry median of 3.78, ADS Maritime Holding 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. ADS Maritime Holding's current Return-on-Tangible-Asset of 10.87% is 187.6% 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 ADS Maritime Holding and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADS Maritime Holding's current Return-on-Tangible-Asset is 10.87%, which is 71% above median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADS Maritime Holding stock overvalued right now?
Based on GuruFocus' analysis, ADS Maritime Holding (OSL:ADS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.07, compared to a current price of kr2.46 — trading 129.9% above its estimated fair value. The current Return-on-Tangible-Asset is 10.87%, which is 71% above median its 10-year median of 6.34 and 187.6% above the Transportation industry median of 3.78. ADS Maritime Holding's overall GF Score™ is 46/100 with 1 warning sign 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 ADS Maritime Holding (OSL:ADS), the current Return-on-Tangible-Asset is 10.87% 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 ADS Maritime Holding (OSL:ADS) Overvalued in 2026?
Based on GuruFocus' analysis, ADS Maritime Holding stock appears to be overvalued.
The current stock price of kr2.46 is trading 129.9% above its estimated GF Value™ of kr1.07.
GuruFocus considers ADS Maritime Holding to be Significantly Overvalued.
Key valuation signals for OSL:ADS:
Return-on-Tangible-Asset: 10.87% (71% above median its 10-year median of 6.34)
GF Value™: kr1.07 vs. price of kr2.46 (129.9% above fair value)
Industry Position: 187.6% above the Transportation median (#515 of 1009)
No single metric tells the full story. See the OSL:ADS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADS Maritime Holding PLC is a shipping investment company. Its investing philosophy focuses on counter-cyclical investments in quality ships bought at prices discounted to new building parity, as well as projects with long-term secured cashflow, low residual risk, and solid returns on equity. The company's main source of income is dividend received from investments.
46GF Score
Get the complete analysis for OSL:ADS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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