SMKG (Smart Card Marketing Systems) Return-on-Tangible-Asset: -22.53% (As of Mar. 2026)

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What is Smart Card Marketing Systems Return-on-Tangible-Asset?

Smart Card Marketing Systems SMKG -23.81% Return-on-Tangible-Asset is -22.53% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,893 Software companies, Smart Card Marketing Systems ranks worse than 84.45% 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. Smart Card Marketing Systems's annualized Net Income for the quarter that ended in Mar. 2026 was $-0.38 Mil. Smart Card Marketing Systems's average total tangible assets for the quarter that ended in Mar. 2026 was $1.70 Mil. Therefore, Smart Card Marketing Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -22.53%.

The historical rank and industry rank for Smart Card Marketing Systems's Return-on-Tangible-Asset or its related term are showing as below:

SMKG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -97.97   Med: -80.34   Max: -43.05
Current: -43.05

During the past 2 years, Smart Card Marketing Systems's highest Return-on-Tangible-Asset was -43.05%. The lowest was -97.97%. And the median was -80.34%.

SMKG's Return-on-Tangible-Asset is ranked worse than
84.45% of 2893 companies
in the Software industry
Industry Median: 2.07 vs SMKG: -43.05

Smart Card Marketing Systems  (OTCPK:SMKG) 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 company’s 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 company’s 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.


Smart Card Marketing Systems Return-on-Tangible-Asset Related Terms


Smart Card Marketing Systems Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Smart Card Marketing Systems'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.

Smart Card Marketing Systems Return-on-Tangible-Asset Chart

Smart Card Marketing Systems Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Asset
-97.97 -62.71

Smart Card Marketing Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -1,444.23 -83.95 -66.59 -22.53

SMKG vs VISM, IPSI, VHAI: Return-on-Tangible-Asset Comparison

For the Software - Infrastructure subindustry, Smart Card Marketing Systems'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.


Smart Card Marketing Systems Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Smart Card Marketing Systems's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Smart Card Marketing Systems's Return-on-Tangible-Asset falls into.



Smart Card Marketing Systems Return-on-Tangible-Asset Calculation

Smart Card Marketing Systems's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-0.989/( (1.772+1.382)/ 2 )
=-0.989/1.577
=-62.71 %

Smart Card Marketing Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-0.384/( (1.682+1.727)/ 2 )
=-0.384/1.7045
=-22.53 %

* 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 -22.53% mean?
Smart Card Marketing Systems (SMKG) has a Return-on-Tangible-Asset of -22.53% 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 Smart Card Marketing Systems and its competitors. According to the industry distribution chart, Smart Card Marketing Systems ranks #2443 out of 2893 companies in the Software industry, placing it in the top 84.4%.
Is Smart Card Marketing Systems' Return-on-Tangible-Asset too high?
Smart Card Marketing Systems' current Return-on-Tangible-Asset is -22.53%. Based on the distribution chart, Smart Card Marketing Systems ranks #2443 out of 2893 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Smart Card Marketing Systems' Return-on-Tangible-Asset compare to VISM and IPSI?
According to the Software industry distribution chart, Smart Card Marketing Systems ranks #2443 out of 2893 companies for Return-on-Tangible-Asset. This places Smart Card Marketing Systems in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.07. 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 2.07, based on 2,893 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 Smart Card Marketing Systems and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Card Marketing Systems's current Return-on-Tangible-Asset is -22.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Card Marketing Systems stock overvalued right now?
Smart Card Marketing Systems (SMKG) has a current Return-on-Tangible-Asset of -22.53%. The current Return-on-Tangible-Asset is -22.53%. 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 Smart Card Marketing Systems (SMKG), the current Return-on-Tangible-Asset is -22.53% 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.

Smart Card Marketing Systems Business Description

Address 20C Trolley Square, Wilmington, DE, USA, 19806
Smart Card Marketing Systems Inc is a fintech and paytech and Blockchain Accelerator offering proprietary Platforms as a Service "PAAS" with Embedded Payments, Digital Assets Issuance Cross-border Rails, and Banking as a Service "BAAS" for Financial Institutions, Telecoms & Global Enterprises on cloud and mobility Platforms with Ai and Business Intelligence. Smart Card is creating a new channel of business by offering specialized solutions accelerating Digital Assets Issuance by transformation delivery of Real World Assets and Utility Tokens with its white-label licensing and branding of its solutions: offering Interoperability, global reach, security, scalability and compliance standards.