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Paul Hartmann AGSTU:PHH2 +0.50%64 Return-on-Tangible-Asset is 4.79% as of Dec. 2025, which is 21% below its 10-year median of 6.08. GuruFocus rates STU:PHH2 with a GF Score™ of 64/100 and a GF Value™ of €226.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Paul Hartmann AG ranks better than 59.95% 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. Paul Hartmann AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €91 Mil. Paul Hartmann AG's average total tangible assets for the quarter that ended in Dec. 2025 was €1,892 Mil. Therefore, Paul Hartmann AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.79%.
The historical rank and industry rank for Paul Hartmann AG's Return-on-Tangible-Asset or its related term are showing as below:
STU:PHH2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.63 Med: 6.08 Max: 7.26
Current: 3.27
During the past 13 years, Paul Hartmann AG's highest Return-on-Tangible-Asset was 7.26%. The lowest was 1.63%. And the median was 6.08%.
STU:PHH2's Return-on-Tangible-Asset is ranked better than 59.95% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.59
vs STU:PHH2: 3.27
Paul Hartmann AG (STU:PHH2) 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.
Paul Hartmann AG Return-on-Tangible-Asset Related Terms
Paul Hartmann AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Paul Hartmann AG'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:PHH2 vs ISRG, BDX, MDLN: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Paul Hartmann AG'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.
Paul Hartmann AG Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Paul Hartmann AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Paul Hartmann AG'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.79% mean?
Paul Hartmann AG (STU:PHH2) has a Return-on-Tangible-Asset of 4.79% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Paul Hartmann AG and its competitors. This is 21% below median its historical median of 6.08. Over the past decade, Paul Hartmann AG's Return-on-Tangible-Asset has ranged from 1.63 to 7.26. According to the industry distribution chart, Paul Hartmann AG ranks #342 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 40%.
Is Paul Hartmann AG's Return-on-Tangible-Asset too high?
Paul Hartmann AG's current Return-on-Tangible-Asset of 4.79% is 21% below median its 10-year median of 6.08. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 7.26. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.59. Paul Hartmann AG's value of 4.79% is 711.9% above this industry median. Based on the distribution chart, Paul Hartmann AG ranks #342 out of 854 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Paul Hartmann AG has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paul Hartmann AG's Return-on-Tangible-Asset compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Paul Hartmann AG ranks #342 out of 854 companies for Return-on-Tangible-Asset. This puts Paul Hartmann AG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.59. Paul Hartmann AG's value of 4.79% is 711.9% above this benchmark. Historically, Paul Hartmann AG's own Return-on-Tangible-Asset has ranged from 1.63 to 7.26 over the past decade. While the company's 10-year median is 6.08 vs. the industry median of 0.59, Paul Hartmann AG 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 0.59, 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. Paul Hartmann AG's current Return-on-Tangible-Asset of 4.79% is 711.9% 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 Paul Hartmann AG and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paul Hartmann AG's current Return-on-Tangible-Asset is 4.79%, which is 21% below median its own 10-year median of 6.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Hartmann AG stock overvalued right now?
Based on GuruFocus' analysis, Paul Hartmann AG (STU:PHH2) is currently considered Modestly Undervalued. The stock's GF Value™ is €226.59, compared to a current price of €201.00 — trading 11.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.79%, which is 21% below median its 10-year median of 6.08 and 711.9% above the Medical Devices & Instruments industry median of 0.59. Paul Hartmann AG's overall GF Score™ is 64/100 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 Paul Hartmann AG (STU:PHH2), the current Return-on-Tangible-Asset is 4.79% as of Dec. 2025. 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 Paul Hartmann AG (STU:PHH2) Overvalued in 2026?
Based on GuruFocus' analysis, Paul Hartmann AG stock appears to be undervalued.
The current stock price of €201.00 is trading 11.3% below its estimated GF Value™ of €226.59.
GuruFocus considers Paul Hartmann AG to be Modestly Undervalued.
Key valuation signals for STU:PHH2:
Return-on-Tangible-Asset: 4.79% (21% below median its 10-year median of 6.08)
GF Value™: €226.59 vs. price of €201.00 (11.3% below fair value)
Industry Position: 711.9% above the Medical Devices & Instruments median (#342 of 854)
No single metric tells the full story. See the STU:PHH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.
64GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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