PONY (Pony AI) Return-on-Tangible-Asset: -11.31% (As of Mar. 2026)


PONY Pony AI Inc PONY
13 GF Score
Price $6.79
! 1 Warning Sign
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What is Pony AI Return-on-Tangible-Asset?

Pony AI PONY +3.19% 13 Return-on-Tangible-Asset is -11.31% as of Mar. 2026. GuruFocus rates PONY with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 2,877 Software companies, Pony AI ranks worse than 73.06% 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. Pony AI's annualized Net Income for the quarter that ended in Mar. 2026 was $-201.6 Mil. Pony AI's average total tangible assets for the quarter that ended in Mar. 2026 was $1,783.5 Mil. Therefore, Pony AI's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -11.31%.

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

PONY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.73   Med: -20   Max: -9.36
Current: -11.02

During the past 5 years, Pony AI's highest Return-on-Tangible-Asset was -9.36%. The lowest was -31.73%. And the median was -20.00%.

PONY's Return-on-Tangible-Asset is ranked worse than
73.06% of 2877 companies
in the Software industry
Industry Median: 2.04 vs PONY: -11.02

Pony AI  (NAS:PONY) 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.


Pony AI Return-on-Tangible-Asset Related Terms


Pony AI Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Pony AI'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.

Pony AI Return-on-Tangible-Asset Chart

Pony AI Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-31.73 -20.01 -16.45 -30.51 -9.36

Pony AI Quarterly Data
Dec21 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -17.00 -21.64 -25.93 6.91 -11.31

PONY vs PENG, CHRN, KD: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Pony AI'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.


Pony AI Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Pony AI's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pony AI's Return-on-Tangible-Asset falls into.


PONY
13GF Score
Pony AI Inc PONY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Pony AI Return-on-Tangible-Asset Calculation

Pony AI'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 )
=-133.969/( (1050.257+1811.805)/ 2 )
=-133.969/1431.031
=-9.36 %

Pony AI's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-201.628/( (1811.805+1755.172)/ 2 )
=-201.628/1783.4885
=-11.31 %

* 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 -11.31% mean?
Pony AI (PONY) has a Return-on-Tangible-Asset of -11.31% 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 Pony AI and its competitors. According to the industry distribution chart, Pony AI ranks #2102 out of 2877 companies in the Software industry, placing it in the top 73.1%.
Is Pony AI's Return-on-Tangible-Asset too high?
Pony AI's current Return-on-Tangible-Asset is -11.31%. Based on the distribution chart, Pony AI ranks #2102 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Pony AI has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Pony AI's Return-on-Tangible-Asset compare to PENG and CHRN?
According to the Software industry distribution chart, Pony AI ranks #2102 out of 2877 companies for Return-on-Tangible-Asset. This places Pony AI in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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. 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 Pony AI 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. Pony AI's current Return-on-Tangible-Asset is -11.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pony AI stock overvalued right now?
Pony AI (PONY) has a current Return-on-Tangible-Asset of -11.31%. The current Return-on-Tangible-Asset is -11.31%. Pony AI's overall GF Score™ is 13/100 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 Pony AI (PONY), the current Return-on-Tangible-Asset is -11.31% 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.

Pony AI Business Description

Address 1 Mingzhu 1st Street, 1301 Pearl Development Building, Nansha District, Hengli Town, Guangzhou, CHN, 511458
Pony AI Inc is an artificial intelligence technology company that is principally engaged in the operation and development of autonomous vehicles. It operates fully driverless robotaxis through the PonyPilot mobile app in Beijing, Shanghai, Guangzhou, and Shenzhen. The company operates a fleet of robotaxis. The Group conducts its operations mainly in the People's Republic of China (PRC) and the United States of America (U.S.) through subsidiaries. Key revenue is generated from the Peoples Republic of China.
13GF Score

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