Prelude TherapeuticsPRLD +1.63%26 Return-on-Tangible-Asset is -31.84% as of Mar. 2026. GuruFocus rates PRLD with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 1,412 Biotechnology companies, Prelude Therapeutics ranks worse than 67.63% 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. Prelude Therapeutics's annualizedNet Income for the quarter that ended in Mar. 2026 was $-41.54 Mil. Prelude Therapeutics's average total tangible assets for the quarter that ended in Mar. 2026 was $130.48 Mil. Therefore, Prelude Therapeutics's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -31.84%.
The historical rank and industry rank for Prelude Therapeutics's Return-on-Tangible-Asset or its related term are showing as below:
PRLD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -144.06 Med: -52.52 Max: -42.25
Current: -63.57
During the past 8 years, Prelude Therapeutics's highest Return-on-Tangible-Asset was -42.25%. The lowest was -144.06%. And the median was -52.52%.
PRLD's Return-on-Tangible-Asset is ranked worse than 67.63% of 1412
companies
in the Biotechnology industry
Industry Median: -35.66
vs PRLD: -63.57
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.
Prelude Therapeutics Return-on-Tangible-Asset Related Terms
Prelude Therapeutics Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Prelude Therapeutics'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.
PRLD vs DMAC, RCKT, CYDY: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Prelude Therapeutics'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.
Prelude Therapeutics Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Prelude Therapeutics's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Prelude Therapeutics'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 -31.84% mean?
Prelude Therapeutics (PRLD) has a Return-on-Tangible-Asset of -31.84% 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 Prelude Therapeutics and its competitors. According to the industry distribution chart, Prelude Therapeutics ranks #955 out of 1412 companies in the Biotechnology industry, placing it in the top 67.6%.
Is Prelude Therapeutics' Return-on-Tangible-Asset too high?
Prelude Therapeutics' current Return-on-Tangible-Asset is -31.84%. Based on the distribution chart, Prelude Therapeutics ranks #955 out of 1412 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Prelude Therapeutics has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Prelude Therapeutics' Return-on-Tangible-Asset compare to DMAC and RCKT?
According to the Biotechnology industry distribution chart, Prelude Therapeutics ranks #955 out of 1412 companies for Return-on-Tangible-Asset. This places Prelude Therapeutics in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Prelude Therapeutics and its competitors. Prelude Therapeutics's current Return-on-Tangible-Asset is -31.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prelude Therapeutics stock overvalued right now?
Prelude Therapeutics (PRLD) has a current Return-on-Tangible-Asset of -31.84%. The current Return-on-Tangible-Asset is -31.84%. Prelude Therapeutics' overall GF Score™ is 26/100 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 Prelude Therapeutics (PRLD), the current Return-on-Tangible-Asset is -31.84% 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.
Prelude Therapeutics Incorp is a precision oncology company developing medicines in areas of high unmet need for cancer patients. Its pipeline features selective KAT6A degraders and mutant selective JAK2V617F JH2 inhibitors, new approaches to clinically validated targets with transformative potential for patients. The company is also leveraging its expertise in targeted protein degradation to discover and develop next-generation degrader antibody conjugates (DACs) with novel payloads.
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