Asseco South Eastern EuropeWAR:ASE -0.33%84 Return-on-Tangible-Asset is 14.58% as of Mar. 2026, which is 8% below its 10-year median of 15.79. GuruFocus rates WAR:ASE with a GF Score™ of 84/100 and a GF Value™ of zł59.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,877 Software companies, Asseco South Eastern Europe ranks better than 88.98% 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 South Eastern Europe's annualizedNet Income for the quarter that ended in Mar. 2026 was zł190 Mil. Asseco South Eastern Europe's average total tangible assets for the quarter that ended in Mar. 2026 was zł1,303 Mil. Therefore, Asseco South Eastern Europe's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.58%.
The historical rank and industry rank for Asseco South Eastern Europe's Return-on-Tangible-Asset or its related term are showing as below:
WAR:ASE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 13.08 Med: 15.79 Max: 21
Current: 17.03
During the past 13 years, Asseco South Eastern Europe's highest Return-on-Tangible-Asset was 21.00%. The lowest was 13.08%. And the median was 15.79%.
WAR:ASE's Return-on-Tangible-Asset is ranked better than 88.98% of 2877
companies
in the Software industry
Industry Median: 2.04
vs WAR:ASE: 17.03
Asseco South Eastern Europe (WAR:ASE) 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 South Eastern Europe Return-on-Tangible-Asset Related Terms
Asseco South Eastern Europe 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.
Asseco South Eastern Europe Return-on-Tangible-Asset Chart
WAR:ASE vs UBER, SHOP, CRM: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Asseco South Eastern Europe'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 South Eastern Europe Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Asseco South Eastern Europe's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asseco South Eastern Europe'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 14.58% mean?
Asseco South Eastern Europe (WAR:ASE) has a Return-on-Tangible-Asset of 14.58% 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 South Eastern Europe and its competitors. This is near median its historical median of 15.79. Over the past decade, Asseco South Eastern Europe's Return-on-Tangible-Asset has ranged from 13.08 to 21.00. According to the industry distribution chart, Asseco South Eastern Europe ranks #317 out of 2877 companies in the Software industry, placing it in the top 11%.
Is Asseco South Eastern Europe's Return-on-Tangible-Asset too high?
Asseco South Eastern Europe's current Return-on-Tangible-Asset of 14.58% is near median its 10-year median of 15.79. Over the past 10 years, this metric has ranged from a low of 13.08 to a high of 21.00. The Software industry median Return-on-Tangible-Asset is 2.04. Asseco South Eastern Europe's value of 14.58% is 614.7% above this industry median. Based on the distribution chart, Asseco South Eastern Europe ranks #317 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Asseco South Eastern Europe has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asseco South Eastern Europe's Return-on-Tangible-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, Asseco South Eastern Europe ranks #317 out of 2877 companies for Return-on-Tangible-Asset. This places Asseco South Eastern Europe in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Asseco South Eastern Europe's value of 14.58% is 614.7% above this benchmark. Historically, Asseco South Eastern Europe's own Return-on-Tangible-Asset has ranged from 13.08 to 21.00 over the past decade. While the company's 10-year median is 15.79 vs. the industry median of 2.04, Asseco South Eastern Europe 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 2.04, based on 2,877 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 South Eastern Europe's current Return-on-Tangible-Asset of 14.58% is 614.7% 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 South Eastern Europe and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco South Eastern Europe's current Return-on-Tangible-Asset is 14.58%, which is near median its own 10-year median of 15.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco South Eastern Europe stock overvalued right now?
Based on GuruFocus' analysis, Asseco South Eastern Europe (WAR:ASE) is currently considered Fairly Valued. The stock's GF Value™ is zł59.16, compared to a current price of zł60.50 — trading 2.3% above its estimated fair value. The current Return-on-Tangible-Asset is 14.58%, which is near median its 10-year median of 15.79 and 614.7% above the Software industry median of 2.04. Asseco South Eastern Europe's overall GF Score™ is 84/100 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 South Eastern Europe (WAR:ASE), the current Return-on-Tangible-Asset is 14.58% 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 South Eastern Europe (WAR:ASE) Overvalued in 2026?
Based on GuruFocus' analysis, Asseco South Eastern Europe stock appears to be overvalued.
The current stock price of zł60.50 is trading 2.3% above its estimated GF Value™ of zł59.16.
GuruFocus considers Asseco South Eastern Europe to be Fairly Valued.
Key valuation signals for WAR:ASE:
Return-on-Tangible-Asset: 14.58% (near median its 10-year median of 15.79)
GF Value™: zł59.16 vs. price of zł60.50 (2.3% above fair value)
Industry Position: 614.7% above the Software median (#317 of 2877)
No single metric tells the full story. See the WAR:ASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.
84GF Score
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