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Lena LightingWAR:LEN -0.91%68 Return-on-Tangible-Asset is -2.95% as of Mar. 2026. GuruFocus rates WAR:LEN with a GF Score™ of 68/100 and a GF Value™ of zł2.90 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 3,078 Industrial Products companies, Lena Lighting ranks worse than 69.23% 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. Lena Lighting's annualizedNet Income for the quarter that ended in Mar. 2026 was zł-3.9 Mil. Lena Lighting's average total tangible assets for the quarter that ended in Mar. 2026 was zł133.3 Mil. Therefore, Lena Lighting's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.95%.
The historical rank and industry rank for Lena Lighting's Return-on-Tangible-Asset or its related term are showing as below:
WAR:LEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.73 Med: 6.77 Max: 10.64
Current: 0.73
During the past 13 years, Lena Lighting's highest Return-on-Tangible-Asset was 10.64%. The lowest was 0.73%. And the median was 6.77%.
WAR:LEN's Return-on-Tangible-Asset is ranked worse than 69.23% of 3078
companies
in the Industrial Products industry
Industry Median: 3.28
vs WAR:LEN: 0.73
Lena Lighting (WAR:LEN) 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.
Lena Lighting Return-on-Tangible-Asset Related Terms
Lena Lighting Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lena Lighting'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:LEN vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Lena Lighting'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.
Lena Lighting Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lena Lighting's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lena Lighting'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 -2.95% mean?
Lena Lighting (WAR:LEN) has a Return-on-Tangible-Asset of -2.95% 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 Lena Lighting and its competitors. Over the past decade, Lena Lighting's Return-on-Tangible-Asset has ranged from 0.73 to 10.64. According to the industry distribution chart, Lena Lighting ranks #2131 out of 3078 companies in the Industrial Products industry, placing it in the top 69.2%.
Is Lena Lighting's Return-on-Tangible-Asset too high?
Lena Lighting's current Return-on-Tangible-Asset is -2.95%. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 10.64. Based on the distribution chart, Lena Lighting ranks #2131 out of 3078 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lena Lighting has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lena Lighting's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Lena Lighting ranks #2131 out of 3078 companies for Return-on-Tangible-Asset. This places Lena Lighting in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Historically, Lena Lighting's own Return-on-Tangible-Asset has ranged from 0.73 to 10.64 over the past decade. 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.28, based on 3,078 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 Lena Lighting and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lena Lighting's current Return-on-Tangible-Asset is -2.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lena Lighting stock overvalued right now?
Based on GuruFocus' analysis, Lena Lighting (WAR:LEN) is currently considered Modestly Undervalued. The stock's GF Value™ is zł2.90, compared to a current price of zł2.18 — trading 24.8% below its estimated fair value. The current Return-on-Tangible-Asset is -2.95%. Lena Lighting's overall GF Score™ is 68/100 with 7 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 Lena Lighting (WAR:LEN), the current Return-on-Tangible-Asset is -2.95% 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 Lena Lighting (WAR:LEN) Overvalued in 2026?
Based on GuruFocus' analysis, Lena Lighting stock appears to be undervalued.
The current stock price of zł2.18 is trading 24.8% below its estimated GF Value™ of zł2.90.
GuruFocus considers Lena Lighting to be Modestly Undervalued.
Key valuation signals for WAR:LEN:
Return-on-Tangible-Asset: -2.95%
GF Value™: zł2.90 vs. price of zł2.18 (24.8% below fair value)
No single metric tells the full story. See the WAR:LEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lena Lighting SA is a Poland based producer of professional, investment light fittings. Its products include surface-mounted wall and ceiling fitting for use with fluorescent tubes; one-sided and double-sided evacuation lighting fittings.
68GF Score
Get the complete analysis for WAR:LEN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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