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Notoria SerwisWAR:NTS 85 Return-on-Tangible-Asset is 21.33% as of Mar. 2026, which is 50% above its 10-year median of 14.23. GuruFocus rates WAR:NTS with a GF Score™ of 85/100 and a GF Value™ of zł8.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 816 Capital Markets companies, Notoria Serwis ranks better than 89.09% 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. Notoria Serwis's annualizedNet Income for the quarter that ended in Mar. 2026 was zł0.28 Mil. Notoria Serwis's average total tangible assets for the quarter that ended in Mar. 2026 was zł1.31 Mil. Therefore, Notoria Serwis's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.33%.
The historical rank and industry rank for Notoria Serwis's Return-on-Tangible-Asset or its related term are showing as below:
WAR:NTS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -138.02 Med: 14.23 Max: 45.8
Current: 14.83
During the past 13 years, Notoria Serwis's highest Return-on-Tangible-Asset was 45.80%. The lowest was -138.02%. And the median was 14.23%.
WAR:NTS's Return-on-Tangible-Asset is ranked better than 89.09% of 816
companies
in the Capital Markets industry
Industry Median: 1.545
vs WAR:NTS: 14.83
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.
Notoria Serwis Return-on-Tangible-Asset Related Terms
Notoria Serwis Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Notoria Serwis'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:NTS vs SPGI, CME, ICE: Return-on-Tangible-Asset Comparison
For the Financial Data & Stock Exchanges subindustry, Notoria Serwis'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.
Notoria Serwis Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Notoria Serwis's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Notoria Serwis'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 21.33% mean?
Notoria Serwis (WAR:NTS) has a Return-on-Tangible-Asset of 21.33% 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 Notoria Serwis and its competitors. This is 50% above median its historical median of 14.23. According to the industry distribution chart, Notoria Serwis ranks #89 out of 816 companies in the Capital Markets industry, placing it in the top 10.9%.
Is Notoria Serwis' Return-on-Tangible-Asset too high?
Notoria Serwis' current Return-on-Tangible-Asset of 21.33% is 50% above median its 10-year median of 14.23. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Notoria Serwis' value of 21.33% is 1280.6% above this industry median. Based on the distribution chart, Notoria Serwis ranks #89 out of 816 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Notoria Serwis has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Notoria Serwis' Return-on-Tangible-Asset compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Notoria Serwis ranks #89 out of 816 companies for Return-on-Tangible-Asset. This places Notoria Serwis in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.55. Notoria Serwis' value of 21.33% is 1280.6% above this benchmark. While the company's 10-year median is 14.23 vs. the industry median of 1.55, Notoria Serwis 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 816 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. Notoria Serwis's current Return-on-Tangible-Asset of 21.33% is 1280.6% 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 Notoria Serwis and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Notoria Serwis's current Return-on-Tangible-Asset is 21.33%, which is 50% above median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notoria Serwis stock overvalued right now?
Based on GuruFocus' analysis, Notoria Serwis (WAR:NTS) is currently considered Fairly Valued. The stock's GF Value™ is zł8.17, compared to a current price of zł8.55 — trading 4.7% above its estimated fair value. The current Return-on-Tangible-Asset is 21.33%, which is 50% above median its 10-year median of 14.23 and 1280.6% above the Capital Markets industry median of 1.55. Notoria Serwis' overall GF Score™ is 85/100 with 3 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 Notoria Serwis (WAR:NTS), the current Return-on-Tangible-Asset is 21.33% 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 Notoria Serwis (WAR:NTS) Overvalued in 2026?
Based on GuruFocus' analysis, Notoria Serwis stock appears to be overvalued.
The current stock price of zł8.55 is trading 4.7% above its estimated GF Value™ of zł8.17.
GuruFocus considers Notoria Serwis to be Fairly Valued.
Key valuation signals for WAR:NTS:
Return-on-Tangible-Asset: 21.33% (50% above median its 10-year median of 14.23)
GF Value™: zł8.17 vs. price of zł8.55 (4.7% above fair value)
Industry Position: 1280.6% above the Capital Markets median (#89 of 816)
No single metric tells the full story. See the WAR:NTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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