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InModeSTU:154 -0.04%84 Return-on-Tangible-Asset is 6.14% as of Mar. 2026, which is 79% below its 10-year median of 28.77. GuruFocus rates STU:154 with a GF Score™ of 84/100 and a GF Value™ of €17.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, InMode ranks better than 87% 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. InMode's annualizedNet Income for the quarter that ended in Mar. 2026 was €40.0 Mil. InMode's average total tangible assets for the quarter that ended in Mar. 2026 was €652.0 Mil. Therefore, InMode's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.14%.
The historical rank and industry rank for InMode's Return-on-Tangible-Asset or its related term are showing as below:
STU:154'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.9 Med: 28.77 Max: 42.61
Current: 11.9
During the past 9 years, InMode's highest Return-on-Tangible-Asset was 42.61%. The lowest was 11.90%. And the median was 28.77%.
STU:154's Return-on-Tangible-Asset is ranked better than 87% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.735
vs STU:154: 11.90
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.
InMode Return-on-Tangible-Asset Related Terms
InMode Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for InMode'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.
STU:154 vs BVS, PRCT, AVR: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, InMode'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.
InMode Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, InMode's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where InMode'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 6.14% mean?
InMode (STU:154) has a Return-on-Tangible-Asset of 6.14% 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 InMode and its competitors. This is 79% below median its historical median of 28.77. Over the past decade, InMode's Return-on-Tangible-Asset has ranged from 11.90 to 42.61. According to the industry distribution chart, InMode ranks #111 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 13%.
Is InMode's Return-on-Tangible-Asset too high?
InMode's current Return-on-Tangible-Asset of 6.14% is 79% below median its 10-year median of 28.77. Over the past 10 years, this metric has ranged from a low of 11.90 to a high of 42.61. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.74. InMode's value of 6.14% is 735.4% above this industry median. Based on the distribution chart, InMode ranks #111 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, InMode has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does InMode's Return-on-Tangible-Asset compare to BVS and PRCT?
According to the Medical Devices & Instruments industry distribution chart, InMode ranks #111 out of 854 companies for Return-on-Tangible-Asset. This places InMode in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.74. InMode's value of 6.14% is 735.4% above this benchmark. Historically, InMode's own Return-on-Tangible-Asset has ranged from 11.90 to 42.61 over the past decade. While the company's 10-year median is 28.77 vs. the industry median of 0.74, InMode 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.74, based on 854 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. InMode's current Return-on-Tangible-Asset of 6.14% is 735.4% 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 InMode and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InMode's current Return-on-Tangible-Asset is 6.14%, which is 79% below median its own 10-year median of 28.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InMode stock overvalued right now?
Based on GuruFocus' analysis, InMode (STU:154) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.09, compared to a current price of €13.55 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.14%, which is 79% below median its 10-year median of 28.77 and 735.4% above the Medical Devices & Instruments industry median of 0.74. InMode's overall GF Score™ is 84/100 with 4 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 InMode (STU:154), the current Return-on-Tangible-Asset is 6.14% 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 InMode (STU:154) Overvalued in 2026?
Based on GuruFocus' analysis, InMode stock appears to be undervalued.
The current stock price of €13.55 is trading 20.7% below its estimated GF Value™ of €17.09.
GuruFocus considers InMode to be Modestly Undervalued.
Key valuation signals for STU:154:
Return-on-Tangible-Asset: 6.14% (79% below median its 10-year median of 28.77)
GF Value™: €17.09 vs. price of €13.55 (20.7% below fair value)
Industry Position: 735.4% above the Medical Devices & Instruments median (#111 of 854)
No single metric tells the full story. See the STU:154 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InMode Ltd provides minimally and non-invasive surgical aesthetic and medical treatment solutions. Its products and solutions address three energy-based treatment categories that include face & body contouring, medical aesthetics, and women's health. InMode has developed products using its technology for plastic surgery, dermatology, gynecology, and ophthalmology. Its product platforms include BodyTite, Optimas, Votiva, Contoura, Triton, EmbraceRF, EvolveX, Evoke, EmpowerRF, and Morpheus8, among others. Geographically, the company generates the majority of its revenue from the United States, followed by Europe, Asia, Israel, and other regions.
84GF Score
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