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Sona NanotechSNANF 26 Return-on-Tangible-Asset is -2,004.35% as of Apr. 2026. GuruFocus rates SNANF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,416 Biotechnology companies, Sona Nanotech ranks worse than 98.02% 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. Sona Nanotech's annualizedNet Income for the quarter that ended in Apr. 2026 was $-1.84 Mil. Sona Nanotech's average total tangible assets for the quarter that ended in Apr. 2026 was $0.09 Mil. Therefore, Sona Nanotech's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was -2,004.35%.
The historical rank and industry rank for Sona Nanotech's Return-on-Tangible-Asset or its related term are showing as below:
SNANF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -922.33 Med: -234.53 Max: -9.12
Current: -691.24
During the past 13 years, Sona Nanotech's highest Return-on-Tangible-Asset was -9.12%. The lowest was -922.33%. And the median was -234.53%.
SNANF's Return-on-Tangible-Asset is ranked worse than 98.02% of 1416
companies
in the Biotechnology industry
Industry Median: -35.915
vs SNANF: -691.24
Sona Nanotech (OTCPK:SNANF) 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.
Sona Nanotech Return-on-Tangible-Asset Related Terms
Sona Nanotech Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sona Nanotech'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.
SNANF vs TMO, DHR, IDXX: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, Sona Nanotech'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.
Sona Nanotech Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Sona Nanotech's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sona Nanotech'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of -2,004.35% mean?
Sona Nanotech (SNANF) has a Return-on-Tangible-Asset of -2,004.35% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sona Nanotech and its competitors. According to the industry distribution chart, Sona Nanotech ranks #1388 out of 1416 companies in the Biotechnology industry, placing it in the top 98%.
Is Sona Nanotech's Return-on-Tangible-Asset too high?
Sona Nanotech's current Return-on-Tangible-Asset is -2,004.35%. Based on the distribution chart, Sona Nanotech ranks #1388 out of 1416 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Sona Nanotech has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Sona Nanotech's Return-on-Tangible-Asset compare to TMO and DHR?
According to the Biotechnology industry distribution chart, Sona Nanotech ranks #1388 out of 1416 companies for Return-on-Tangible-Asset. This places Sona Nanotech in the lower half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Sona Nanotech and its competitors. Sona Nanotech's current Return-on-Tangible-Asset is -2,004.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sona Nanotech stock overvalued right now?
Sona Nanotech (SNANF) has a current Return-on-Tangible-Asset of -2,004.35%. The current Return-on-Tangible-Asset is -2,004.35%. Sona Nanotech's overall GF Score™ is 26/100 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 Sona Nanotech (SNANF), the current Return-on-Tangible-Asset is -2,004.35% as of Apr. 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.
Sona Nanotech Inc is involved in the nanotechnology life sciences industry. It has developed two proprietary methods for the manufacture of rod-shaped gold nanoparticles and is engaged in the research and development of its proprietary technology for use in biomedical applications and multiplex diagnostic testing platforms. The company is using its gold nano rods manufacturing technology to develop new products and methods for cancer treatment, including a Targeted Hyperthermia Therapy (THT). Additionally, it has filed patent applications in the U.S. regarding a gold nanorod conjugation concept for targeted drug delivery, combination therapies for treating cancer, and for an endoscope with an optical fibre and thermal sensor for photothermal therapy.
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