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.
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. Creotech Instruments's annualizedNet Income for the quarter that ended in Mar. 2026 was zł-27.5 Mil. Creotech Instruments's average total tangible assets for the quarter that ended in Mar. 2026 was zł264.1 Mil. Therefore, Creotech Instruments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -10.40%.
The historical rank and industry rank for Creotech Instruments's Return-on-Tangible-Asset or its related term are showing as below:
WAR:CRI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.39 Med: 1.39 Max: 7.56
Current: 2.15
During the past 7 years, Creotech Instruments's highest Return-on-Tangible-Asset was 7.56%. The lowest was -16.39%. And the median was 1.39%.
WAR:CRI's Return-on-Tangible-Asset is ranked worse than 53.2% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs WAR:CRI: 2.15
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.
Creotech Instruments Return-on-Tangible-Asset Related Terms
Creotech Instruments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Creotech Instruments'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:CRI vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Creotech Instruments'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.
Creotech Instruments Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Creotech Instruments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Creotech Instruments'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 -10.40% mean?
Creotech Instruments (WAR:CRI) has a Return-on-Tangible-Asset of -10.40% 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 Creotech Instruments and its competitors. According to the industry distribution chart, Creotech Instruments ranks #191 out of 359 companies in the Aerospace & Defense industry, placing it in the top 53.2%.
Is Creotech Instruments' Return-on-Tangible-Asset too high?
Creotech Instruments' current Return-on-Tangible-Asset is -10.40%. Based on the distribution chart, Creotech Instruments ranks #191 out of 359 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Creotech Instruments has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Creotech Instruments' Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Creotech Instruments ranks #191 out of 359 companies for Return-on-Tangible-Asset. This places Creotech Instruments in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. 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 Creotech Instruments and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creotech Instruments's current Return-on-Tangible-Asset is -10.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creotech Instruments stock overvalued right now?
Based on GuruFocus' analysis, Creotech Instruments (WAR:CRI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł956.85, compared to a current price of zł786.00 — trading 17.9% below its estimated fair value. The current Return-on-Tangible-Asset is -10.40%. Creotech Instruments' overall GF Score™ is 76/100 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 Creotech Instruments (WAR:CRI), the current Return-on-Tangible-Asset is -10.40% 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 Creotech Instruments (WAR:CRI) Overvalued in 2026?
Based on GuruFocus' analysis, Creotech Instruments stock appears to be undervalued.
The current stock price of zł786.00 is trading 17.9% below its estimated GF Value™ of zł956.85.
GuruFocus considers Creotech Instruments to be Modestly Undervalued.
Key valuation signals for WAR:CRI:
Return-on-Tangible-Asset: -10.40%
GF Value™: zł956.85 vs. price of zł786.00 (17.9% below fair value)
No single metric tells the full story. See the WAR:CRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Creotech Instruments SA is a provider of advanced space technologies, specialized electronics, and hardware with global applications in areas such as quantum computers, quantum cryptography, quantum physics, and high energy physics laboratories. Its five primary business segments are: NewSpace dedicated to developing a satellite platform and its components; Earth Observation dedicated to developing Earth Observation systems and UAV technology (Unmanned Aerial Vehicle); Science dedicated to developing specialized electronics and components for quantum computers and time synchronization systems; Production dedicated to the manufacture of electronics; ESA Projects dedicated chiefly to projects carried in partnership with or/and commissioned by the European Space Agency (ESA).
76GF Score
Get the complete analysis for WAR:CRI
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:CRI has been successfully added to your 
