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Tabcorp HoldingsTABCF 49 Return-on-Tangible-Asset is 6.48% as of Dec. 2025, which is 4% above its 10-year median of 6.21. GuruFocus rates TABCF with a GF Score™ of 49/100 and a GF Value™ of $0.77. The stock has 6 warning signs investors should review. Among 855 Travel & Leisure companies, Tabcorp Holdings ranks better than 63.39% 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. Tabcorp Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was $29 Mil. Tabcorp Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $445 Mil. Therefore, Tabcorp Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.48%.
The historical rank and industry rank for Tabcorp Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TABCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -153.15 Med: 6.21 Max: 518.77
Current: 4.63
During the past 13 years, Tabcorp Holdings's highest Return-on-Tangible-Asset was 518.77%. The lowest was -153.15%. And the median was 6.21%.
TABCF's Return-on-Tangible-Asset is ranked better than 63.39% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.73
vs TABCF: 4.63
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.
Tabcorp Holdings Return-on-Tangible-Asset Related Terms
Tabcorp Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tabcorp Holdings'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.
TABCF vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison
For the Gambling subindustry, Tabcorp Holdings'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.
Tabcorp Holdings Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tabcorp Holdings'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 6.48% mean?
Tabcorp Holdings (TABCF) has a Return-on-Tangible-Asset of 6.48% 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 Tabcorp Holdings and its competitors. This is near median its historical median of 6.21. According to the industry distribution chart, Tabcorp Holdings ranks #313 out of 855 companies in the Travel & Leisure industry, placing it in the top 36.6%.
Is Tabcorp Holdings' Return-on-Tangible-Asset too high?
Tabcorp Holdings' current Return-on-Tangible-Asset of 6.48% is near median its 10-year median of 6.21. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. Tabcorp Holdings' value of 6.48% is 137.4% above this industry median. Based on the distribution chart, Tabcorp Holdings ranks #313 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tabcorp Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tabcorp Holdings ranks #313 out of 855 companies for Return-on-Tangible-Asset. This puts Tabcorp Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.73. Tabcorp Holdings' value of 6.48% is 137.4% above this benchmark. While the company's 10-year median is 6.21 vs. the industry median of 2.73, Tabcorp Holdings 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 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. Tabcorp Holdings's current Return-on-Tangible-Asset of 6.48% is 137.4% 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 Tabcorp Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabcorp Holdings's current Return-on-Tangible-Asset is 6.48%, which is near median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Tabcorp Holdings (TABCF) has a current Return-on-Tangible-Asset of 6.48%. The stock's GF Value™ is $0.77, compared to a current price of $0.80 — trading 3.9% above its estimated fair value. The current Return-on-Tangible-Asset is 6.48%, which is near median its 10-year median of 6.21 and 137.4% above the Travel & Leisure industry median of 2.73. Tabcorp Holdings' overall GF Score™ is 49/100 with 6 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 Tabcorp Holdings (TABCF), the current Return-on-Tangible-Asset is 6.48% 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 Tabcorp Holdings (TABCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued.
The current stock price of $0.80 is trading 3.9% above its estimated GF Value™ of $0.77.
Key valuation signals for TABCF:
Return-on-Tangible-Asset: 6.48% (near median its 10-year median of 6.21)
GF Value™: $0.77 vs. price of $0.80 (3.9% above fair value)
Industry Position: 137.4% above the Travel & Leisure median (#313 of 855)
No single metric tells the full story. See the TABCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
49GF Score
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