Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Twelve Seas Investment Company IIITWLV 15 Return-on-Tangible-Asset is 3.20% as of Jun. 2026, which is 7900% above its 10-year median of 0.04. GuruFocus rates TWLV with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 529 Diversified Financial Services companies, Twelve Seas Investment Company III ranks better than 70.89% on this metric.
The historical rank and industry rank for Twelve Seas Investment Company III's Return-on-Tangible-Asset or its related term are showing as below:
TWLV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 2.2
Current: 2.2
During the past 2 years, Twelve Seas Investment Company III's highest Return-on-Tangible-Asset was 2.20%. The lowest was 0.04%. And the median was 0.04%.
TWLV's Return-on-Tangible-Asset is ranked better than 70.89% of 529
companies
in the Diversified Financial Services industry
Industry Median: 0.96
vs TWLV: 2.20
Twelve Seas Investment Company III (NAS:TWLV) 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.
Twelve Seas Investment Company III Return-on-Tangible-Asset Related Terms
Twelve Seas Investment Company III Return-on-Tangible-Asset Historical Data
* 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.
Twelve Seas Investment Company III Return-on-Tangible-Asset Chart
TWLV vs MACI, HLXC, TDWD: Return-on-Tangible-Asset Comparison
For the Shell Companies subindustry, Twelve Seas Investment Company III'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.
Twelve Seas Investment Company III Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Twelve Seas Investment Company III's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Twelve Seas Investment Company III'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 3.20% mean?
Twelve Seas Investment Company III (TWLV) has a Return-on-Tangible-Asset of 3.20% 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 Twelve Seas Investment Company III and its competitors. This is 7900% above median its historical median of 0.04. Over the past decade, Twelve Seas Investment Company III's Return-on-Tangible-Asset has ranged from 0.04 to 2.20. According to the industry distribution chart, Twelve Seas Investment Company III ranks #154 out of 529 companies in the Diversified Financial Services industry, placing it in the top 29.1%.
Is Twelve Seas Investment Company III's Return-on-Tangible-Asset too high?
Twelve Seas Investment Company III's current Return-on-Tangible-Asset of 3.20% is 7900% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.20. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.96. Twelve Seas Investment Company III's value of 3.20% is 233.3% above this industry median. Based on the distribution chart, Twelve Seas Investment Company III ranks #154 out of 529 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Twelve Seas Investment Company III has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Twelve Seas Investment Company III's Return-on-Tangible-Asset compare to MACI and HLXC?
According to the Diversified Financial Services industry distribution chart, Twelve Seas Investment Company III ranks #154 out of 529 companies for Return-on-Tangible-Asset. This puts Twelve Seas Investment Company III in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.96. Twelve Seas Investment Company III's value of 3.20% is 233.3% above this benchmark. Historically, Twelve Seas Investment Company III's own Return-on-Tangible-Asset has ranged from 0.04 to 2.20 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.96, Twelve Seas Investment Company III 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.96, based on 529 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. Twelve Seas Investment Company III's current Return-on-Tangible-Asset of 3.20% is 233.3% 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 Twelve Seas Investment Company III and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twelve Seas Investment Company III's current Return-on-Tangible-Asset is 3.20%, which is 7900% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twelve Seas Investment Company III stock overvalued right now?
Twelve Seas Investment Company III (TWLV) has a current Return-on-Tangible-Asset of 3.20%. The current Return-on-Tangible-Asset is 3.20%, which is 7900% above median its 10-year median of 0.04 and 233.3% above the Diversified Financial Services industry median of 0.96. Twelve Seas Investment Company III's overall GF Score™ is 15/100 with 1 warning sign 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 Twelve Seas Investment Company III (TWLV), the current Return-on-Tangible-Asset is 3.20% 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TWLV has been successfully added to your 
