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Asbisc EnterprisesWAR:ASB +0.53%73 Return-on-Tangible-Asset is 10.12% as of Mar. 2026, which is 114% above its 10-year median of 4.72. GuruFocus rates WAR:ASB with a GF Score™ of 73/100 and a GF Value™ of zł36.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,505 Hardware companies, Asbisc Enterprises ranks better than 76.97% 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. Asbisc Enterprises's annualizedNet Income for the quarter that ended in Mar. 2026 was zł553 Mil. Asbisc Enterprises's average total tangible assets for the quarter that ended in Mar. 2026 was zł5,463 Mil. Therefore, Asbisc Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.12%.
The historical rank and industry rank for Asbisc Enterprises's Return-on-Tangible-Asset or its related term are showing as below:
WAR:ASB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.17 Med: 4.72 Max: 9.03
Current: 7.04
During the past 13 years, Asbisc Enterprises's highest Return-on-Tangible-Asset was 9.03%. The lowest was 1.17%. And the median was 4.72%.
WAR:ASB's Return-on-Tangible-Asset is ranked better than 76.97% of 2505
companies
in the Hardware industry
Industry Median: 2.43
vs WAR:ASB: 7.04
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.
Asbisc Enterprises Return-on-Tangible-Asset Related Terms
Asbisc Enterprises Return-on-Tangible-Asset Historical Data
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The historical data trend for Asbisc Enterprises'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.
WAR:ASB vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison
For the Electronics & Computer Distribution subindustry, Asbisc Enterprises'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.
Asbisc Enterprises Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Asbisc Enterprises's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asbisc Enterprises'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 10.12% mean?
Asbisc Enterprises (WAR:ASB) has a Return-on-Tangible-Asset of 10.12% 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 Asbisc Enterprises and its competitors. This is 114% above median its historical median of 4.72. Over the past decade, Asbisc Enterprises' Return-on-Tangible-Asset has ranged from 1.17 to 9.03. According to the industry distribution chart, Asbisc Enterprises ranks #577 out of 2505 companies in the Hardware industry, placing it in the top 23%.
Is Asbisc Enterprises' Return-on-Tangible-Asset too high?
Asbisc Enterprises' current Return-on-Tangible-Asset of 10.12% is 114% above median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 9.03. The Hardware industry median Return-on-Tangible-Asset is 2.43. Asbisc Enterprises' value of 10.12% is 316.5% above this industry median. Based on the distribution chart, Asbisc Enterprises ranks #577 out of 2505 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Asbisc Enterprises has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asbisc Enterprises' Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Asbisc Enterprises ranks #577 out of 2505 companies for Return-on-Tangible-Asset. This places Asbisc Enterprises in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.43. Asbisc Enterprises' value of 10.12% is 316.5% above this benchmark. Historically, Asbisc Enterprises' own Return-on-Tangible-Asset has ranged from 1.17 to 9.03 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 2.43, Asbisc Enterprises 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,505 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. Asbisc Enterprises's current Return-on-Tangible-Asset of 10.12% is 316.5% 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 Asbisc Enterprises and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asbisc Enterprises's current Return-on-Tangible-Asset is 10.12%, which is 114% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asbisc Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Asbisc Enterprises (WAR:ASB) is currently considered Significantly Overvalued. The stock's GF Value™ is zł36.26, compared to a current price of zł114.70 — trading 216.3% above its estimated fair value. The current Return-on-Tangible-Asset is 10.12%, which is 114% above median its 10-year median of 4.72 and 316.5% above the Hardware industry median of 2.43. Asbisc Enterprises' overall GF Score™ is 73/100 with 6 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 Asbisc Enterprises (WAR:ASB), the current Return-on-Tangible-Asset is 10.12% 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 Asbisc Enterprises (WAR:ASB) Overvalued in 2026?
Based on GuruFocus' analysis, Asbisc Enterprises stock appears to be overvalued.
The current stock price of zł114.70 is trading 216.3% above its estimated GF Value™ of zł36.26.
GuruFocus considers Asbisc Enterprises to be Significantly Overvalued.
Key valuation signals for WAR:ASB:
Return-on-Tangible-Asset: 10.12% (114% above median its 10-year median of 4.72)
GF Value™: zł36.26 vs. price of zł114.70 (216.3% above fair value)
Industry Position: 316.5% above the Hardware median (#577 of 2505)
No single metric tells the full story. See the WAR:ASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asbisc Enterprises PLC is engaged in the trading and distribution of computer hardware and software. It distributes IT components (to assemblers, system integrators, local brands, and retail) as well as A-branded finished products like smartphones, desktop PCs, laptops, servers, and networking to SMB and retail. The Group purchases the majority of its products from international brands, including Apple, Logitech, Intel, Seagate, etc. Additionally, a certain part of its revenue is generated from the sale of IT products under its private labels: AENO, Canyon, Prestigio Solutions, and LORGAR. The Group operates in four principal geographical areas: the Former Soviet Union (its key revenue-generating market), Central Eastern Europe, Western Europe, and the Middle East and Africa.
73GF Score
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