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Oxford InstrumentsOXINF -6.01%80 Return-on-Tangible-Asset is 15.94% as of Mar. 2026, which is 37% above its 10-year median of 11.63. GuruFocus rates OXINF with a GF Score™ of 80/100 and a GF Value™ of $26.14 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,503 Hardware companies, Oxford Instruments ranks better than 87.06% 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. Oxford Instruments's annualizedNet Income for the quarter that ended in Mar. 2026 was $96.5 Mil. Oxford Instruments's average total tangible assets for the quarter that ended in Mar. 2026 was $605.7 Mil. Therefore, Oxford Instruments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.94%.
The historical rank and industry rank for Oxford Instruments's Return-on-Tangible-Asset or its related term are showing as below:
OXINF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.67 Med: 11.63 Max: 31.23
Current: 10.44
During the past 13 years, Oxford Instruments's highest Return-on-Tangible-Asset was 31.23%. The lowest was -8.67%. And the median was 11.63%.
OXINF's Return-on-Tangible-Asset is ranked better than 87.06% of 2503
companies
in the Hardware industry
Industry Median: 2.44
vs OXINF: 10.44
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.
Oxford Instruments Return-on-Tangible-Asset Related Terms
Oxford Instruments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Oxford Instruments'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.
OXINF vs COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Oxford Instruments'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.
Oxford Instruments Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Oxford Instruments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oxford Instruments'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 15.94% mean?
Oxford Instruments (OXINF) has a Return-on-Tangible-Asset of 15.94% 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 Oxford Instruments and its competitors. This is 37% above median its historical median of 11.63. According to the industry distribution chart, Oxford Instruments ranks #324 out of 2503 companies in the Hardware industry, placing it in the top 12.9%.
Is Oxford Instruments' Return-on-Tangible-Asset too high?
Oxford Instruments' current Return-on-Tangible-Asset of 15.94% is 37% above median its 10-year median of 11.63. The Hardware industry median Return-on-Tangible-Asset is 2.44. Oxford Instruments' value of 15.94% is 553.3% above this industry median. Based on the distribution chart, Oxford Instruments ranks #324 out of 2503 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Oxford Instruments has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Oxford Instruments ranks #324 out of 2503 companies for Return-on-Tangible-Asset. This places Oxford Instruments in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Oxford Instruments' value of 15.94% is 553.3% above this benchmark. While the company's 10-year median is 11.63 vs. the industry median of 2.44, Oxford Instruments 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,503 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. Oxford Instruments's current Return-on-Tangible-Asset of 15.94% is 553.3% 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 Oxford Instruments and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Instruments's current Return-on-Tangible-Asset is 15.94%, which is 37% above median its own 10-year median of 11.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (OXINF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.14, compared to a current price of $38.54 — trading 47.4% above its estimated fair value. The current Return-on-Tangible-Asset is 15.94%, which is 37% above median its 10-year median of 11.63 and 553.3% above the Hardware industry median of 2.44. Oxford Instruments' overall GF Score™ is 80/100 with 2 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 Oxford Instruments (OXINF), the current Return-on-Tangible-Asset is 15.94% 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 Oxford Instruments (OXINF) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued.
The current stock price of $38.54 is trading 47.4% above its estimated GF Value™ of $26.14.
GuruFocus considers Oxford Instruments to be Significantly Overvalued.
Key valuation signals for OXINF:
Return-on-Tangible-Asset: 15.94% (37% above median its 10-year median of 11.63)
GF Value™: $26.14 vs. price of $38.54 (47.4% above fair value)
Industry Position: 553.3% above the Hardware median (#324 of 2503)
No single metric tells the full story. See the OXINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
80GF Score
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