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.
Asseco Business SolutionsWAR:ABS -0.68%91 Return-on-Tangible-Asset is 68.35% as of Mar. 2026, which is 37% above its 10-year median of 49.90. GuruFocus rates WAR:ABS with a GF Score™ of 91/100 and a GF Value™ of zł79.25 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,894 Software companies, Asseco Business Solutions ranks better than 99% 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. Asseco Business Solutions's annualizedNet Income for the quarter that ended in Mar. 2026 was zł172.0 Mil. Asseco Business Solutions's average total tangible assets for the quarter that ended in Mar. 2026 was zł251.7 Mil. Therefore, Asseco Business Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 68.35%.
The historical rank and industry rank for Asseco Business Solutions's Return-on-Tangible-Asset or its related term are showing as below:
WAR:ABS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 37.14 Med: 49.9 Max: 76.76
Current: 67.56
During the past 13 years, Asseco Business Solutions's highest Return-on-Tangible-Asset was 76.76%. The lowest was 37.14%. And the median was 49.90%.
WAR:ABS's Return-on-Tangible-Asset is ranked better than 99% of 2894
companies
in the Software industry
Industry Median: 2.095
vs WAR:ABS: 67.56
Asseco Business Solutions (WAR:ABS) 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.
Asseco Business Solutions Return-on-Tangible-Asset Related Terms
Asseco Business Solutions Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asseco Business Solutions'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.
Asseco Business Solutions Return-on-Tangible-Asset Chart
WAR:ABS vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Asseco Business Solutions'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.
Asseco Business Solutions Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Asseco Business Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asseco Business Solutions'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 68.35% mean?
Asseco Business Solutions (WAR:ABS) has a Return-on-Tangible-Asset of 68.35% 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 Asseco Business Solutions and its competitors. This is 37% above median its historical median of 49.90. Over the past decade, Asseco Business Solutions' Return-on-Tangible-Asset has ranged from 37.14 to 76.76. According to the industry distribution chart, Asseco Business Solutions ranks #29 out of 2894 companies in the Software industry, placing it in the top 1%.
Is Asseco Business Solutions' Return-on-Tangible-Asset too high?
Asseco Business Solutions' current Return-on-Tangible-Asset of 68.35% is 37% above median its 10-year median of 49.90. Over the past 10 years, this metric has ranged from a low of 37.14 to a high of 76.76. The Software industry median Return-on-Tangible-Asset is 2.10. Asseco Business Solutions' value of 68.35% is 3162.5% above this industry median. Based on the distribution chart, Asseco Business Solutions ranks #29 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Asseco Business Solutions has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Asseco Business Solutions ranks #29 out of 2894 companies for Return-on-Tangible-Asset. This places Asseco Business Solutions in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Asseco Business Solutions' value of 68.35% is 3162.5% above this benchmark. Historically, Asseco Business Solutions' own Return-on-Tangible-Asset has ranged from 37.14 to 76.76 over the past decade. While the company's 10-year median is 49.90 vs. the industry median of 2.10, Asseco Business Solutions 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,894 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. Asseco Business Solutions's current Return-on-Tangible-Asset of 68.35% is 3162.5% 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 Asseco Business Solutions and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco Business Solutions's current Return-on-Tangible-Asset is 68.35%, which is 37% above median its own 10-year median of 49.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (WAR:ABS) is currently considered Modestly Overvalued. The stock's GF Value™ is zł79.25, compared to a current price of zł88.20 — trading 11.3% above its estimated fair value. The current Return-on-Tangible-Asset is 68.35%, which is 37% above median its 10-year median of 49.90 and 3162.5% above the Software industry median of 2.10. Asseco Business Solutions' overall GF Score™ is 91/100 with 3 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 Asseco Business Solutions (WAR:ABS), the current Return-on-Tangible-Asset is 68.35% 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 Asseco Business Solutions (WAR:ABS) Overvalued in 2026?
Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued.
The current stock price of zł88.20 is trading 11.3% above its estimated GF Value™ of zł79.25.
GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.
Key valuation signals for WAR:ABS:
Return-on-Tangible-Asset: 68.35% (37% above median its 10-year median of 49.90)
GF Value™: zł79.25 vs. price of zł88.20 (11.3% above fair value)
Industry Position: 3162.5% above the Software median (#29 of 2894)
No single metric tells the full story. See the WAR:ABS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
91GF Score
Get the complete analysis for WAR:ABS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:ABS has been successfully added to your 
