Polar PowerPOLA 44 Return-on-Tangible-Asset is -6.51% as of Mar. 2026. GuruFocus rates POLA with a GF Score™ of 44/100 and a GF Value™ of $1.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,071 Industrial Products companies, Polar Power ranks worse than 96.71% 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. Polar Power's annualizedNet Income for the quarter that ended in Mar. 2026 was $-0.71 Mil. Polar Power's average total tangible assets for the quarter that ended in Mar. 2026 was $10.94 Mil. Therefore, Polar Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.51%.
The historical rank and industry rank for Polar Power's Return-on-Tangible-Asset or its related term are showing as below:
POLA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -65.28 Med: -19.16 Max: 28.03
Current: -59.72
During the past 12 years, Polar Power's highest Return-on-Tangible-Asset was 28.03%. The lowest was -65.28%. And the median was -19.16%.
POLA's Return-on-Tangible-Asset is ranked worse than 96.71% of 3071
companies
in the Industrial Products industry
Industry Median: 3.24
vs POLA: -59.72
Polar Power (NAS:POLA) 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.
Polar Power Return-on-Tangible-Asset Related Terms
Polar Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polar Power'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.
POLA vs XPON, TOGI, PWDY: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Polar Power'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.
Polar Power Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polar Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polar Power'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -6.51% mean?
Polar Power (POLA) has a Return-on-Tangible-Asset of -6.51% 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 Polar Power and its competitors. According to the industry distribution chart, Polar Power ranks #2970 out of 3071 companies in the Industrial Products industry, placing it in the top 96.7%.
Is Polar Power's Return-on-Tangible-Asset too high?
Polar Power's current Return-on-Tangible-Asset is -6.51%. Based on the distribution chart, Polar Power ranks #2970 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Polar Power has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polar Power's Return-on-Tangible-Asset compare to XPON and TOGI?
According to the Industrial Products industry distribution chart, Polar Power ranks #2970 out of 3071 companies for Return-on-Tangible-Asset. This places Polar Power in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,071 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. 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 Polar Power and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Power's current Return-on-Tangible-Asset is -6.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Power stock overvalued right now?
Based on GuruFocus' analysis, Polar Power (POLA) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.13, compared to a current price of $1.66 — trading 46.9% above its estimated fair value. The current Return-on-Tangible-Asset is -6.51%. Polar Power's overall GF Score™ is 44/100 with 7 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 Polar Power (POLA), the current Return-on-Tangible-Asset is -6.51% 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 Polar Power (POLA) Overvalued in 2026?
Based on GuruFocus' analysis, Polar Power stock appears to be overvalued.
The current stock price of $1.66 is trading 46.9% above its estimated GF Value™ of $1.13.
GuruFocus considers Polar Power to be Significantly Overvalued.
Key valuation signals for POLA:
Return-on-Tangible-Asset: -6.51%
GF Value™: $1.13 vs. price of $1.66 (46.9% above fair value)
No single metric tells the full story. See the POLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, backup DC generators, hybrid power systems, Li-Ion battery systems, Marine DC generators, and others. The company's geographical presence is in the United States, Canada, Australia and South Pacific Islands, Other Asia Pacific, Europe and Middle East, United Kingdom, and South Africa.
44GF Score
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