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.
ED Invest Allotment certWAR:EDI -0.24%75 Return-on-Tangible-Asset is 4.85% as of Mar. 2026, which is 8% below its 10-year median of 5.29. GuruFocus rates WAR:EDI with a GF Score™ of 75/100 and a GF Value™ of zł10.04 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 95 Homebuilding & Construction companies, ED Invest Allotment cert ranks better than 77.89% 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. ED Invest Allotment cert's annualizedNet Income for the quarter that ended in Mar. 2026 was zł5.4 Mil. ED Invest Allotment cert's average total tangible assets for the quarter that ended in Mar. 2026 was zł111.2 Mil. Therefore, ED Invest Allotment cert's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.85%.
The historical rank and industry rank for ED Invest Allotment cert's Return-on-Tangible-Asset or its related term are showing as below:
WAR:EDI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.05 Med: 5.29 Max: 20.41
Current: 6.8
During the past 13 years, ED Invest Allotment cert's highest Return-on-Tangible-Asset was 20.41%. The lowest was 1.05%. And the median was 5.29%.
WAR:EDI's Return-on-Tangible-Asset is ranked better than 77.89% of 95
companies
in the Homebuilding & Construction industry
Industry Median: 3.47
vs WAR:EDI: 6.80
ED Invest Allotment cert (WAR:EDI) 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.
ED Invest Allotment cert Return-on-Tangible-Asset Related Terms
ED Invest Allotment cert Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ED Invest Allotment cert'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.
ED Invest Allotment cert Return-on-Tangible-Asset Chart
WAR:EDI vs DHI, PHM, LEN: Return-on-Tangible-Asset Comparison
For the Residential Construction subindustry, ED Invest Allotment cert'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.
ED Invest Allotment cert Return-on-Tangible-Asset vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, ED Invest Allotment cert's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ED Invest Allotment cert'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 4.85% mean?
ED Invest Allotment cert (WAR:EDI) has a Return-on-Tangible-Asset of 4.85% 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 ED Invest Allotment cert and its competitors. This is near median its historical median of 5.29. Over the past decade, ED Invest Allotment cert's Return-on-Tangible-Asset has ranged from 1.05 to 20.41. According to the industry distribution chart, ED Invest Allotment cert ranks #21 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 22.1%.
Is ED Invest Allotment cert's Return-on-Tangible-Asset too high?
ED Invest Allotment cert's current Return-on-Tangible-Asset of 4.85% is near median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 20.41. The Homebuilding & Construction industry median Return-on-Tangible-Asset is 3.47. ED Invest Allotment cert's value of 4.85% is 39.8% above this industry median. Based on the distribution chart, ED Invest Allotment cert ranks #21 out of 95 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ED Invest Allotment cert has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ED Invest Allotment cert's Return-on-Tangible-Asset compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, ED Invest Allotment cert ranks #21 out of 95 companies for Return-on-Tangible-Asset. This places ED Invest Allotment cert in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.47. ED Invest Allotment cert's value of 4.85% is 39.8% above this benchmark. Historically, ED Invest Allotment cert's own Return-on-Tangible-Asset has ranged from 1.05 to 20.41 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 3.47, ED Invest Allotment cert 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 Homebuilding & Construction company?
The median Return-on-Tangible-Asset among Homebuilding & Construction companies is 3.47, based on 95 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. ED Invest Allotment cert's current Return-on-Tangible-Asset of 4.85% is 39.8% 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 ED Invest Allotment cert and its competitors. For the Homebuilding & Construction industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ED Invest Allotment cert's current Return-on-Tangible-Asset is 4.85%, which is near median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ED Invest Allotment cert stock overvalued right now?
Based on GuruFocus' analysis, ED Invest Allotment cert (WAR:EDI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł10.04, compared to a current price of zł8.38 — trading 16.5% below its estimated fair value. The current Return-on-Tangible-Asset is 4.85%, which is near median its 10-year median of 5.29 and 39.8% above the Homebuilding & Construction industry median of 3.47. ED Invest Allotment cert's overall GF Score™ is 75/100 with 8 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 ED Invest Allotment cert (WAR:EDI), the current Return-on-Tangible-Asset is 4.85% 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 ED Invest Allotment cert (WAR:EDI) Overvalued in 2026?
Based on GuruFocus' analysis, ED Invest Allotment cert stock appears to be undervalued.
The current stock price of zł8.38 is trading 16.5% below its estimated GF Value™ of zł10.04.
GuruFocus considers ED Invest Allotment cert to be Modestly Undervalued.
Key valuation signals for WAR:EDI:
Return-on-Tangible-Asset: 4.85% (near median its 10-year median of 5.29)
GF Value™: zł10.04 vs. price of zł8.38 (16.5% below fair value)
Industry Position: 39.8% above the Homebuilding & Construction median (#21 of 95)
No single metric tells the full story. See the WAR:EDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ED Invest SA Allotment cert is engaged in the investment, implementation and sale in the real estate sector. The company develops residential and office buildings in the Warsaw area.
75GF Score
Get the complete analysis for WAR:EDI
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:EDI has been successfully added to your 
