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Digital NetworkWAR:DIG +0.39%75 Return-on-Tangible-Asset is 11.48% as of Mar. 2026, which is 41% below its 10-year median of 19.61. GuruFocus rates WAR:DIG with a GF Score™ of 75/100 and a GF Value™ of zł145.76 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,030 Media - Diversified companies, Digital Network ranks better than 97.28% 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. Digital Network's annualizedNet Income for the quarter that ended in Mar. 2026 was zł26.8 Mil. Digital Network's average total tangible assets for the quarter that ended in Mar. 2026 was zł233.8 Mil. Therefore, Digital Network's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.48%.
The historical rank and industry rank for Digital Network's Return-on-Tangible-Asset or its related term are showing as below:
WAR:DIG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.69 Med: 19.61 Max: 30.36
Current: 27.5
During the past 13 years, Digital Network's highest Return-on-Tangible-Asset was 30.36%. The lowest was -29.69%. And the median was 19.61%.
WAR:DIG's Return-on-Tangible-Asset is ranked better than 97.28% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.8
vs WAR:DIG: 27.50
Digital Network (WAR:DIG) 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.
Digital Network Return-on-Tangible-Asset Related Terms
Digital Network Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Digital Network'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:DIG vs NXST: Return-on-Tangible-Asset Comparison
For the Broadcasting subindustry, Digital Network'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.
Digital Network Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Digital Network's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Digital Network'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 11.48% mean?
Digital Network (WAR:DIG) has a Return-on-Tangible-Asset of 11.48% 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 Digital Network and its competitors. This is 41% below median its historical median of 19.61. According to the industry distribution chart, Digital Network ranks #28 out of 1030 companies in the Media - Diversified industry, placing it in the top 2.7%.
Is Digital Network's Return-on-Tangible-Asset too high?
Digital Network's current Return-on-Tangible-Asset of 11.48% is 41% below median its 10-year median of 19.61. The Media - Diversified industry median Return-on-Tangible-Asset is 0.80. Digital Network's value of 11.48% is 1335% above this industry median. Based on the distribution chart, Digital Network ranks #28 out of 1030 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Digital Network has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Network's Return-on-Tangible-Asset compare to NXST?
According to the Media - Diversified industry distribution chart, Digital Network ranks #28 out of 1030 companies for Return-on-Tangible-Asset. This places Digital Network in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.80. Digital Network's value of 11.48% is 1335% above this benchmark. While the company's 10-year median is 19.61 vs. the industry median of 0.80, Digital Network 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.80, based on 1,030 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. Digital Network's current Return-on-Tangible-Asset of 11.48% is 1335% 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 Digital Network and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Network's current Return-on-Tangible-Asset is 11.48%, which is 41% below median its own 10-year median of 19.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Network stock overvalued right now?
Based on GuruFocus' analysis, Digital Network (WAR:DIG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł145.76, compared to a current price of zł307.60 — trading 111% above its estimated fair value. The current Return-on-Tangible-Asset is 11.48%, which is 41% below median its 10-year median of 19.61 and 1335% above the Media - Diversified industry median of 0.80. Digital Network's overall GF Score™ is 75/100 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 Digital Network (WAR:DIG), the current Return-on-Tangible-Asset is 11.48% 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 Digital Network (WAR:DIG) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Network stock appears to be overvalued.
The current stock price of zł307.60 is trading 111% above its estimated GF Value™ of zł145.76.
GuruFocus considers Digital Network to be Significantly Overvalued.
Key valuation signals for WAR:DIG:
Return-on-Tangible-Asset: 11.48% (41% below median its 10-year median of 19.61)
GF Value™: zł145.76 vs. price of zł307.60 (111% above fair value)
Industry Position: 1335% above the Media - Diversified median (#28 of 1030)
No single metric tells the full story. See the WAR:DIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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