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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. Rockwool AS's annualizedNet Income for the quarter that ended in Mar. 2026 was $-393 Mil. Rockwool AS's average total tangible assets for the quarter that ended in Mar. 2026 was $4,256 Mil. Therefore, Rockwool AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -9.23%.
The historical rank and industry rank for Rockwool AS's Return-on-Tangible-Asset or its related term are showing as below:
RKWAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.57 Med: 11.13 Max: 15.53
Current: -4.57
During the past 13 years, Rockwool AS's highest Return-on-Tangible-Asset was 15.53%. The lowest was -4.57%. And the median was 11.13%.
RKWAF's Return-on-Tangible-Asset is ranked worse than 84.13% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs RKWAF: -4.57
Rockwool AS (OTCPK:RKWAF) 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.
Rockwool AS Return-on-Tangible-Asset Related Terms
Rockwool AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rockwool AS'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.
RKWAF vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Rockwool AS'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.
Rockwool AS Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Rockwool AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rockwool AS'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 -9.23% mean?
Rockwool AS (RKWAF) has a Return-on-Tangible-Asset of -9.23% 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 Rockwool AS and its competitors. According to the industry distribution chart, Rockwool AS ranks #1500 out of 1783 companies in the Construction industry, placing it in the top 84.1%.
Is Rockwool AS's Return-on-Tangible-Asset too high?
Rockwool AS's current Return-on-Tangible-Asset is -9.23%. Based on the distribution chart, Rockwool AS ranks #1500 out of 1783 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Rockwool AS has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Rockwool AS's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Rockwool AS ranks #1500 out of 1783 companies for Return-on-Tangible-Asset. This places Rockwool AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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 Rockwool AS and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockwool AS's current Return-on-Tangible-Asset is -9.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockwool AS stock overvalued right now?
Rockwool AS (RKWAF) has a current Return-on-Tangible-Asset of -9.23%. The stock's GF Value™ is $39.33, compared to a current price of $34.70 — trading 11.8% below its estimated fair value. The current Return-on-Tangible-Asset is -9.23%. Rockwool AS's overall GF Score™ is 92/100 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 Rockwool AS (RKWAF), the current Return-on-Tangible-Asset is -9.23% 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 Rockwool AS (RKWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Rockwool AS stock appears to be undervalued.
The current stock price of $34.70 is trading 11.8% below its estimated GF Value™ of $39.33.
Key valuation signals for RKWAF:
Return-on-Tangible-Asset: -9.23%
GF Value™: $39.33 vs. price of $34.70 (11.8% below fair value)
No single metric tells the full story. See the RKWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rockwool AS manufactures and sells building materials, including insulation and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of revenue is from the Insulation Segment. The majority of sales come from Europe.
92GF 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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