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Matrix ITRMTHF +1.34%72 Return-on-Tangible-Asset is 10.59% as of Jun. 2026, which is 22% above its 10-year median of 8.69. GuruFocus rates RMTHF with a GF Score™ of 72/100 and a GF Value™ of $28.08 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,895 Software companies, Matrix IT ranks better than 75.75% 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. Matrix IT's annualizedNet Income for the quarter that ended in Jun. 2026 was $165 Mil. Matrix IT's average total tangible assets for the quarter that ended in Jun. 2026 was $1,556 Mil. Therefore, Matrix IT's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 10.59%.
The historical rank and industry rank for Matrix IT's Return-on-Tangible-Asset or its related term are showing as below:
RMTHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.55 Med: 8.69 Max: 12.18
Current: 10.33
During the past 13 years, Matrix IT's highest Return-on-Tangible-Asset was 12.18%. The lowest was 7.55%. And the median was 8.69%.
RMTHF's Return-on-Tangible-Asset is ranked better than 75.75% of 2895
companies
in the Software industry
Industry Median: 2.2
vs RMTHF: 10.33
Matrix IT (OTCPK:RMTHF) 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.
Matrix IT Return-on-Tangible-Asset Related Terms
Matrix IT Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Matrix IT'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.
RMTHF vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Matrix IT'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.
Matrix IT Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Matrix IT's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Matrix IT'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.59% mean?
Matrix IT (RMTHF) has a Return-on-Tangible-Asset of 10.59% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Matrix IT and its competitors. This is 22% above median its historical median of 8.69. Over the past decade, Matrix IT's Return-on-Tangible-Asset has ranged from 7.55 to 12.18. According to the industry distribution chart, Matrix IT ranks #702 out of 2895 companies in the Software industry, placing it in the top 24.2%.
Is Matrix IT's Return-on-Tangible-Asset too high?
Matrix IT's current Return-on-Tangible-Asset of 10.59% is 22% above median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 7.55 to a high of 12.18. The Software industry median Return-on-Tangible-Asset is 2.20. Matrix IT's value of 10.59% is 381.4% above this industry median. Based on the distribution chart, Matrix IT ranks #702 out of 2895 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix IT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matrix IT's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Matrix IT ranks #702 out of 2895 companies for Return-on-Tangible-Asset. This places Matrix IT in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.20. Matrix IT's value of 10.59% is 381.4% above this benchmark. Historically, Matrix IT's own Return-on-Tangible-Asset has ranged from 7.55 to 12.18 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 2.20, Matrix IT has consistently been above the industry average. 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 2.20, based on 2,895 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. Matrix IT's current Return-on-Tangible-Asset of 10.59% is 381.4% 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 Matrix IT and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix IT's current Return-on-Tangible-Asset is 10.59%, which is 22% above median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix IT stock overvalued right now?
Based on GuruFocus' analysis, Matrix IT (RMTHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.08, compared to a current price of $34.53 — trading 23% above its estimated fair value. The current Return-on-Tangible-Asset is 10.59%, which is 22% above median its 10-year median of 8.69 and 381.4% above the Software industry median of 2.20. Matrix IT's overall GF Score™ is 72/100 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 Matrix IT (RMTHF), the current Return-on-Tangible-Asset is 10.59% as of Jun. 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 Matrix IT (RMTHF) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix IT stock appears to be overvalued.
The current stock price of $34.53 is trading 23% above its estimated GF Value™ of $28.08.
GuruFocus considers Matrix IT to be Modestly Overvalued.
Key valuation signals for RMTHF:
Return-on-Tangible-Asset: 10.59% (22% above median its 10-year median of 8.69)
GF Value™: $28.08 vs. price of $34.53 (23% above fair value)
Industry Position: 381.4% above the Software median (#702 of 2895)
No single metric tells the full story. See the RMTHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.
72GF Score
Get the complete analysis for RMTHF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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