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. Redsense Medical AB's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.48 Mil. Redsense Medical AB's average total tangible assets for the quarter that ended in Mar. 2026 was $2.55 Mil. Therefore, Redsense Medical AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.86%.
The historical rank and industry rank for Redsense Medical AB's Return-on-Tangible-Asset or its related term are showing as below:
RDSNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -152.96 Med: -31.06 Max: 1.63
Current: -11.61
During the past 13 years, Redsense Medical AB's highest Return-on-Tangible-Asset was 1.63%. The lowest was -152.96%. And the median was -31.06%.
RDSNF's Return-on-Tangible-Asset is ranked worse than 66.16% of 857
companies
in the Medical Devices & Instruments industry
Industry Median: 0.57
vs RDSNF: -11.61
Redsense Medical AB (OTCPK:RDSNF) 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.
Redsense Medical AB Return-on-Tangible-Asset Related Terms
Redsense Medical AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Redsense Medical AB'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.
Redsense Medical AB Return-on-Tangible-Asset Chart
RDSNF vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, Redsense Medical AB'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.
Redsense Medical AB Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Redsense Medical AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Redsense Medical AB'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 18.86% mean?
Redsense Medical AB (RDSNF) has a Return-on-Tangible-Asset of 18.86% 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 Redsense Medical AB and its competitors. According to the industry distribution chart, Redsense Medical AB ranks #567 out of 857 companies in the Medical Devices & Instruments industry, placing it in the top 66.2%.
Is Redsense Medical AB's Return-on-Tangible-Asset too high?
Redsense Medical AB's current Return-on-Tangible-Asset is 18.86%. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.57. Redsense Medical AB's value of 18.86% is 3208.8% above this industry median. Based on the distribution chart, Redsense Medical AB ranks #567 out of 857 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Redsense Medical AB has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Redsense Medical AB's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Redsense Medical AB ranks #567 out of 857 companies for Return-on-Tangible-Asset. This places Redsense Medical AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.57. Redsense Medical AB's value of 18.86% is 3208.8% above this benchmark. 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.57, based on 857 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. Redsense Medical AB's current Return-on-Tangible-Asset of 18.86% is 3208.8% 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 Redsense Medical AB and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redsense Medical AB's current Return-on-Tangible-Asset is 18.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redsense Medical AB stock overvalued right now?
Redsense Medical AB (RDSNF) has a current Return-on-Tangible-Asset of 18.86%. The stock's GF Value™ is $0.81, compared to a current price of $0.51 — trading 37% below its estimated fair value. The current Return-on-Tangible-Asset is 18.86% and 3208.8% above the Medical Devices & Instruments industry median of 0.57. Redsense Medical AB's overall GF Score™ is 54/100 with 5 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 Redsense Medical AB (RDSNF), the current Return-on-Tangible-Asset is 18.86% 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 Redsense Medical AB (RDSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Redsense Medical AB stock appears to be undervalued.
The current stock price of $0.51 is trading 37% below its estimated GF Value™ of $0.81.
Key valuation signals for RDSNF:
Return-on-Tangible-Asset: 18.86%
GF Value™: $0.81 vs. price of $0.51 (37% below fair value)
Industry Position: 3208.8% above the Medical Devices & Instruments median (#567 of 857)
No single metric tells the full story. See the RDSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redsense Medical AB manufactures and sells blood loss detection devices in Sweden. The company has developed a monitoring system that can detect the first sign of a blood leak using patented fiber optic technology. The products of the company include Alarm Unit, Venous Needle Patch, Sensor Patch, and others.
54GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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