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TIMTIMB +3.79%83 Return-on-Tangible-Asset is 7.82% as of Mar. 2026, which is 5% above its 10-year median of 7.46. GuruFocus rates TIMB with a GF Score™ of 83/100 and a GF Value™ of $19.75 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 364 Telecommunication Services companies, TIM ranks better than 79.95% 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. TIM's annualizedNet Income for the quarter that ended in Mar. 2026 was $625 Mil. TIM's average total tangible assets for the quarter that ended in Mar. 2026 was $7,997 Mil. Therefore, TIM's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.82%.
The historical rank and industry rank for TIM's Return-on-Tangible-Asset or its related term are showing as below:
TIMB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.02 Med: 7.46 Max: 13.94
Current: 10.21
During the past 13 years, TIM's highest Return-on-Tangible-Asset was 13.94%. The lowest was 3.02%. And the median was 7.46%.
TIMB's Return-on-Tangible-Asset is ranked better than 79.95% of 364
companies
in the Telecommunication Services industry
Industry Median: 3.47
vs TIMB: 10.21
TIM (NYSE:TIMB) 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.
TIM Return-on-Tangible-Asset Related Terms
TIM Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for TIM'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.
TIMB vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, TIM'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.
TIM Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TIM's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TIM'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 7.82% mean?
TIM (TIMB) has a Return-on-Tangible-Asset of 7.82% 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 TIM and its competitors. This is near median its historical median of 7.46. Over the past decade, TIM's Return-on-Tangible-Asset has ranged from 3.02 to 13.94. According to the industry distribution chart, TIM ranks #73 out of 364 companies in the Telecommunication Services industry, placing it in the top 20.1%.
Is TIM's Return-on-Tangible-Asset too high?
TIM's current Return-on-Tangible-Asset of 7.82% is near median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 13.94. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.47. TIM's value of 7.82% is 125.4% above this industry median. Based on the distribution chart, TIM ranks #73 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, TIM has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TIM's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TIM ranks #73 out of 364 companies for Return-on-Tangible-Asset. This places TIM in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.47. TIM's value of 7.82% is 125.4% above this benchmark. Historically, TIM's own Return-on-Tangible-Asset has ranged from 3.02 to 13.94 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 3.47, TIM 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 364 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. TIM's current Return-on-Tangible-Asset of 7.82% is 125.4% 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 TIM and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TIM's current Return-on-Tangible-Asset is 7.82%, which is near median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIM stock overvalued right now?
Based on GuruFocus' analysis, TIM (TIMB) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.75, compared to a current price of $22.72 — trading 15% above its estimated fair value. The current Return-on-Tangible-Asset is 7.82%, which is near median its 10-year median of 7.46 and 125.4% above the Telecommunication Services industry median of 3.47. TIM's overall GF Score™ is 83/100 with 2 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 TIM (TIMB), the current Return-on-Tangible-Asset is 7.82% 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 TIM (TIMB) Overvalued in 2026?
Based on GuruFocus' analysis, TIM stock appears to be overvalued.
The current stock price of $22.72 is trading 15% above its estimated GF Value™ of $19.75.
GuruFocus considers TIM to be Modestly Overvalued.
Key valuation signals for TIMB:
Return-on-Tangible-Asset: 7.82% (near median its 10-year median of 7.46)
GF Value™: $19.75 vs. price of $22.72 (15% above fair value)
Industry Position: 125.4% above the Telecommunication Services median (#73 of 364)
No single metric tells the full story. See the TIMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIM, which is 67%-owned by Telecom Italia, is the third-largest wireless carrier in Brazil, with 62 million subscribers, equal to about 23% of the market. The firm owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 8 million locations, including 6.5 million with fiber, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand, but it has agreed to buy out its joint venture partner in 2026 and will take full ownership of these assets. TIM also resells fiber network access from other providers.
83GF Score
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