Vodacom GroupVODAF 78 Return-on-Tangible-Asset is 10.15% as of Mar. 2026, which is 2% above its 10-year median of 9.93. GuruFocus rates VODAF with a GF Score™ of 78/100 and a GF Value™ of $8.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 366 Telecommunication Services companies, Vodacom Group ranks better than 77.05% 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. Vodacom Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,378 Mil. Vodacom Group's average total tangible assets for the quarter that ended in Mar. 2026 was $13,577 Mil. Therefore, Vodacom Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.15%.
The historical rank and industry rank for Vodacom Group's Return-on-Tangible-Asset or its related term are showing as below:
VODAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.67 Med: 9.93 Max: 19.01
Current: 9.06
During the past 13 years, Vodacom Group's highest Return-on-Tangible-Asset was 19.01%. The lowest was 7.67%. And the median was 9.93%.
VODAF's Return-on-Tangible-Asset is ranked better than 77.05% of 366
companies
in the Telecommunication Services industry
Industry Median: 3.43
vs VODAF: 9.06
Vodacom Group (OTCPK:VODAF) 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.
Vodacom Group Return-on-Tangible-Asset Related Terms
Vodacom Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Vodacom 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.
VODAF vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Vodacom 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.
Vodacom Group Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodacom Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vodacom 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.15% mean?
Vodacom Group (VODAF) has a Return-on-Tangible-Asset of 10.15% 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 Vodacom Group and its competitors. This is near median its historical median of 9.93. Over the past decade, Vodacom Group's Return-on-Tangible-Asset has ranged from 7.67 to 19.01. According to the industry distribution chart, Vodacom Group ranks #84 out of 366 companies in the Telecommunication Services industry, placing it in the top 23%.
Is Vodacom Group's Return-on-Tangible-Asset too high?
Vodacom Group's current Return-on-Tangible-Asset of 10.15% is near median its 10-year median of 9.93. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 19.01. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.43. Vodacom Group's value of 10.15% is 195.9% above this industry median. Based on the distribution chart, Vodacom Group ranks #84 out of 366 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vodacom Group has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodacom Group's Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodacom Group ranks #84 out of 366 companies for Return-on-Tangible-Asset. This places Vodacom Group in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Vodacom Group's value of 10.15% is 195.9% above this benchmark. Historically, Vodacom Group's own Return-on-Tangible-Asset has ranged from 7.67 to 19.01 over the past decade. While the company's 10-year median is 9.93 vs. the industry median of 3.43, Vodacom Group 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 3.43, based on 366 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. Vodacom Group's current Return-on-Tangible-Asset of 10.15% is 195.9% 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 Vodacom Group and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodacom Group's current Return-on-Tangible-Asset is 10.15%, which is near median its own 10-year median of 9.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodacom Group stock overvalued right now?
Based on GuruFocus' analysis, Vodacom Group (VODAF) is currently considered Fairly Valued. The stock's GF Value™ is $8.36, compared to a current price of $8.98 — trading 7.4% above its estimated fair value. The current Return-on-Tangible-Asset is 10.15%, which is near median its 10-year median of 9.93 and 195.9% above the Telecommunication Services industry median of 3.43. Vodacom Group's overall GF Score™ is 78/100 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 Vodacom Group (VODAF), the current Return-on-Tangible-Asset is 10.15% 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 Vodacom Group (VODAF) Overvalued in 2026?
Based on GuruFocus' analysis, Vodacom Group stock appears to be overvalued.
The current stock price of $8.98 is trading 7.4% above its estimated GF Value™ of $8.36.
GuruFocus considers Vodacom Group to be Fairly Valued.
Key valuation signals for VODAF:
Return-on-Tangible-Asset: 10.15% (near median its 10-year median of 9.93)
GF Value™: $8.36 vs. price of $8.98 (7.4% above fair value)
Industry Position: 195.9% above the Telecommunication Services median (#84 of 366)
No single metric tells the full story. See the VODAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodacom Group Ltd is a telecommunications provider. It is engaged in the provision of a wide range of communications products and services including but not limited to voice, messaging, converged services, broadband, data connectivity, mobile financial services and other value added services. Its segments includes South Africa comprises the information relating to the South African-based cellular network and other business segments. Egypt comprises the information relating to the Egyptian-based cellular network and other business segments. International comprises the segment information relating to the non-South African-based cellular networks in Tanzania, Mozambique, Lesotho and the Democratic Republic of Congo. It generates majority of revenue from South Africa.
78GF Score
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