CENTURION FINANCE (WAR:CTF) Return-on-Tangible-Asset: 11.59% (As of Mar. 2026) — 243% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is CENTURION FINANCE Return-on-Tangible-Asset?

CENTURION FINANCE WAR:CTF +3.68% Return-on-Tangible-Asset is 11.59% as of Mar. 2026, which is 243% above its 10-year median of 3.38. The stock has 3 warning signs investors should review. Among 1,633 Asset Management companies, CENTURION FINANCE ranks better than 89.96% 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. CENTURION FINANCE's annualized Net Income for the quarter that ended in Mar. 2026 was zł1.65 Mil. CENTURION FINANCE's average total tangible assets for the quarter that ended in Mar. 2026 was zł14.22 Mil. Therefore, CENTURION FINANCE's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.59%.

The historical rank and industry rank for CENTURION FINANCE's Return-on-Tangible-Asset or its related term are showing as below:

WAR:CTF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.26   Med: 3.38   Max: 71.66
Current: 23.12

During the past 13 years, CENTURION FINANCE's highest Return-on-Tangible-Asset was 71.66%. The lowest was -20.26%. And the median was 3.38%.

WAR:CTF's Return-on-Tangible-Asset is ranked better than
89.96% of 1633 companies
in the Asset Management industry
Industry Median: 4.24 vs WAR:CTF: 23.12

CENTURION FINANCE  (WAR:CTF) 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 company’s 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 company’s 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.


CENTURION FINANCE Return-on-Tangible-Asset Related Terms


CENTURION FINANCE Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CENTURION FINANCE'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.

CENTURION FINANCE Return-on-Tangible-Asset Chart

CENTURION FINANCE Annual Data
Trend Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.67 13.07 -16.41 -1.71 16.71

CENTURION FINANCE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.63 -3.33 22.58 57.48 11.59

WAR:CTF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, CENTURION FINANCE'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.


CENTURION FINANCE Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, CENTURION FINANCE's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CENTURION FINANCE's Return-on-Tangible-Asset falls into.



CENTURION FINANCE Return-on-Tangible-Asset Calculation

CENTURION FINANCE's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1.857/( (9.204+13.021)/ 2 )
=1.857/11.1125
=16.71 %

CENTURION FINANCE's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1.648/( (13.021+15.415)/ 2 )
=1.648/14.218
=11.59 %

* 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 11.59% mean?
CENTURION FINANCE (WAR:CTF) has a Return-on-Tangible-Asset of 11.59% 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 CENTURION FINANCE and its competitors. This is 243% above median its historical median of 3.38. According to the industry distribution chart, CENTURION FINANCE ranks #164 out of 1633 companies in the Asset Management industry, placing it in the top 10%.
Is CENTURION FINANCE's Return-on-Tangible-Asset too high?
CENTURION FINANCE's current Return-on-Tangible-Asset of 11.59% is 243% above median its 10-year median of 3.38. The Asset Management industry median Return-on-Tangible-Asset is 4.24. CENTURION FINANCE's value of 11.59% is 173.3% above this industry median. Based on the distribution chart, CENTURION FINANCE ranks #164 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does CENTURION FINANCE's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, CENTURION FINANCE ranks #164 out of 1633 companies for Return-on-Tangible-Asset. This places CENTURION FINANCE in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.24. CENTURION FINANCE's value of 11.59% is 173.3% above this benchmark. While the company's 10-year median is 3.38 vs. the industry median of 4.24, CENTURION FINANCE 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,633 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. CENTURION FINANCE's current Return-on-Tangible-Asset of 11.59% is 173.3% 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 CENTURION FINANCE and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CENTURION FINANCE's current Return-on-Tangible-Asset is 11.59%, which is 243% above median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CENTURION FINANCE stock overvalued right now?
CENTURION FINANCE (WAR:CTF) has a current Return-on-Tangible-Asset of 11.59%. The current Return-on-Tangible-Asset is 11.59%, which is 243% above median its 10-year median of 3.38 and 173.3% above the Asset Management industry median of 4.24. 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 CENTURION FINANCE (WAR:CTF), the current Return-on-Tangible-Asset is 11.59% 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.

CENTURION FINANCE Business Description

Address Street Aleksandra Zajaca 22, Katowice, POL, 40-749
CENTURION FINANCE SA is an investment company. The company is engaged in investing in the segment of Private Equity and Venture Capital in Poland and other countries.