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Track GroupTRCK +8.44%27 Return-on-Tangible-Asset is 486.11% as of Jun. 2026. GuruFocus rates TRCK with a GF Score™ of 27/100 and a GF Value™ of $0.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,502 Hardware companies, Track Group ranks better than 99.88% 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. Track Group's annualizedNet Income for the quarter that ended in Jun. 2026 was $89.77 Mil. Track Group's average total tangible assets for the quarter that ended in Jun. 2026 was $18.47 Mil. Therefore, Track Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 486.11%.
The historical rank and industry rank for Track Group's Return-on-Tangible-Asset or its related term are showing as below:
TRCK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -43.36 Med: -17.72 Max: 119.61
Current: 119.61
During the past 13 years, Track Group's highest Return-on-Tangible-Asset was 119.61%. The lowest was -43.36%. And the median was -17.72%.
TRCK's Return-on-Tangible-Asset is ranked better than 99.88% of 2502
companies
in the Hardware industry
Industry Median: 2.67
vs TRCK: 119.61
Track Group (OTCPK:TRCK) 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.
Track Group Return-on-Tangible-Asset Related Terms
Track Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Track Group'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.
TRCK vs ELSE, AATC, ARAI: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Track Group'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.
Track Group Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Track Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Track Group'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 486.11% mean?
Track Group (TRCK) has a Return-on-Tangible-Asset of 486.11% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Track Group and its competitors. According to the industry distribution chart, Track Group ranks #3 out of 2502 companies in the Hardware industry, placing it in the top 0.099999999999994%.
Is Track Group's Return-on-Tangible-Asset too high?
Track Group's current Return-on-Tangible-Asset is 486.11%. The Hardware industry median Return-on-Tangible-Asset is 2.67. Track Group's value of 486.11% is 18106.4% above this industry median. Based on the distribution chart, Track Group ranks #3 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Track Group has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Return-on-Tangible-Asset compare to ELSE and AATC?
According to the Hardware industry distribution chart, Track Group ranks #3 out of 2502 companies for Return-on-Tangible-Asset. This places Track Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.67. Track Group's value of 486.11% is 18106.4% above this benchmark. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.67, based on 2,502 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. Track Group's current Return-on-Tangible-Asset of 486.11% is 18106.4% 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 Track Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track Group's current Return-on-Tangible-Asset is 486.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.23, compared to a current price of $0.64 — trading 178.2% above its estimated fair value. The current Return-on-Tangible-Asset is 486.11% and 18106.4% above the Hardware industry median of 2.67. Track Group's overall GF Score™ is 27/100 with 5 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 Track Group (TRCK), the current Return-on-Tangible-Asset is 486.11% as of Jun. 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 Track Group (TRCK) Overvalued in 2026?
Based on GuruFocus' analysis, Track Group stock appears to be overvalued.
The current stock price of $0.64 is trading 178.2% above its estimated GF Value™ of $0.23.
GuruFocus considers Track Group to be Significantly Overvalued.
Key valuation signals for TRCK:
Return-on-Tangible-Asset: 486.11%
GF Value™: $0.23 vs. price of $0.64 (178.2% above fair value)
Industry Position: 18106.4% above the Hardware median (#3 of 2502)
No single metric tells the full story. See the TRCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
27GF Score
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