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MedinexSGX:OTX -4.55%67 Return-on-Tangible-Asset is 0.86% as of Mar. 2026, which is 96% below its 10-year median of 20.82. GuruFocus rates SGX:OTX with a GF Score™ of 67/100 and a GF Value™ of S$0.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 687 Healthcare Providers & Services companies, Medinex ranks better than 93.16% 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. Medinex's annualizedNet Income for the quarter that ended in Mar. 2026 was S$0.11 Mil. Medinex's average total tangible assets for the quarter that ended in Mar. 2026 was S$0.00 Mil. Therefore, Medinex's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.86%.
The historical rank and industry rank for Medinex's Return-on-Tangible-Asset or its related term are showing as below:
SGX:OTX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.37 Med: 20.82 Max: 106.35
Current: 18.11
During the past 11 years, Medinex's highest Return-on-Tangible-Asset was 106.35%. The lowest was 8.37%. And the median was 20.82%.
SGX:OTX's Return-on-Tangible-Asset is ranked better than 93.16% of 687
companies
in the Healthcare Providers & Services industry
Industry Median: 2.59
vs SGX:OTX: 18.11
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.
Medinex Return-on-Tangible-Asset Related Terms
Medinex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Medinex'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.
SGX:OTX vs HCA, THC, EHC: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Medinex'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.
Medinex Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Medinex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Medinex'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.86% mean?
Medinex (SGX:OTX) has a Return-on-Tangible-Asset of 0.86% 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 Medinex and its competitors. This is 96% below median its historical median of 20.82. Over the past decade, Medinex's Return-on-Tangible-Asset has ranged from 8.37 to 106.35. According to the industry distribution chart, Medinex ranks #47 out of 687 companies in the Healthcare Providers & Services industry, placing it in the top 6.8%.
Is Medinex's Return-on-Tangible-Asset too high?
Medinex's current Return-on-Tangible-Asset of 0.86% is 96% below median its 10-year median of 20.82. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 106.35. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.59. Medinex's value of 0.86% is 66.8% below this industry median. Based on the distribution chart, Medinex ranks #47 out of 687 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Medinex has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medinex's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Medinex ranks #47 out of 687 companies for Return-on-Tangible-Asset. This places Medinex in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.59. Medinex's value of 0.86% is 66.8% below this benchmark. Historically, Medinex's own Return-on-Tangible-Asset has ranged from 8.37 to 106.35 over the past decade. While the company's 10-year median is 20.82 vs. the industry median of 2.59, Medinex has consistently been below 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.59, based on 687 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. Medinex's current Return-on-Tangible-Asset of 0.86% is 66.8% below 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 Medinex and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medinex's current Return-on-Tangible-Asset is 0.86%, which is 96% below median its own 10-year median of 20.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinex stock overvalued right now?
Based on GuruFocus' analysis, Medinex (SGX:OTX) is currently considered Fairly Valued. The stock's GF Value™ is S$0.20, compared to a current price of S$0.21 — trading 5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.86%, which is 96% below median its 10-year median of 20.82 and 66.8% below the Healthcare Providers & Services industry median of 2.59. Medinex's overall GF Score™ is 67/100 with 2 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 Medinex (SGX:OTX), the current Return-on-Tangible-Asset is 0.86% 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 Medinex (SGX:OTX) Overvalued in 2026?
Based on GuruFocus' analysis, Medinex stock appears to be overvalued.
The current stock price of S$0.21 is trading 5% above its estimated GF Value™ of S$0.20.
GuruFocus considers Medinex to be Fairly Valued.
Key valuation signals for SGX:OTX:
Return-on-Tangible-Asset: 0.86% (96% below median its 10-year median of 20.82)
GF Value™: S$0.20 vs. price of S$0.21 (5% above fair value)
Industry Position: 66.8% below the Healthcare Providers & Services median (#47 of 687)
No single metric tells the full story. See the SGX:OTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medinex Ltd is an investment holding company. The company has four business segments: Medical Support Services, Business Support Services, Pharmaceutical Services, and Medical Services. The company generates maximum revenue from the Business Support Services segment. The Business support services business segment provides professional services to customer base who are outside from healthcare industry.
67GF Score
Get the complete analysis for SGX:OTX
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