Poltreg (WAR:PTG) Return-on-Tangible-Asset: -39.71% (As of Mar. 2026)

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.
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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.

WAR:PTG Poltreg SA WAR:PTG
36 GF Score
Price zł26.90
GF Value zł14.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Poltreg Return-on-Tangible-Asset?

Poltreg WAR:PTG 36 Return-on-Tangible-Asset is -39.71% as of Mar. 2026. GuruFocus rates WAR:PTG with a GF Score™ of 36/100 and a GF Value™ of zł14.20 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,414 Biotechnology companies, Poltreg ranks better than 51.63% 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. Poltreg's annualized Net Income for the quarter that ended in Mar. 2026 was zł-27.13 Mil. Poltreg's average total tangible assets for the quarter that ended in Mar. 2026 was zł68.31 Mil. Therefore, Poltreg's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -39.71%.

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

WAR:PTG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.25   Med: -11.04   Max: -1.71
Current: -34.25

During the past 8 years, Poltreg's highest Return-on-Tangible-Asset was -1.71%. The lowest was -34.25%. And the median was -11.04%.

WAR:PTG's Return-on-Tangible-Asset is ranked better than
51.63% of 1414 companies
in the Biotechnology industry
Industry Median: -36.16 vs WAR:PTG: -34.25

Poltreg  (WAR:PTG) 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.


Poltreg Return-on-Tangible-Asset Related Terms


Poltreg Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Poltreg'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.

Poltreg Return-on-Tangible-Asset Chart

Poltreg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -6.02 -1.71 -10.91 -16.43 -29.91

Poltreg 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 -22.14 -37.22 -29.22 -31.46 -39.71

WAR:PTG vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, Poltreg'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.


Poltreg Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Poltreg's Return-on-Tangible-Asset distribution charts can be found below:

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


WAR:PTG
36GF Score
Poltreg SA WAR:PTG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Poltreg Return-on-Tangible-Asset Calculation

Poltreg'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 )
=-25.999/( (101.582+72.261)/ 2 )
=-25.999/86.9215
=-29.91 %

Poltreg'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 )
=-27.128/( (72.261+64.36)/ 2 )
=-27.128/68.3105
=-39.71 %

* 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 -39.71% mean?
Poltreg (WAR:PTG) has a Return-on-Tangible-Asset of -39.71% 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 Poltreg and its competitors. According to the industry distribution chart, Poltreg ranks #684 out of 1414 companies in the Biotechnology industry, placing it in the top 48.4%.
Is Poltreg's Return-on-Tangible-Asset too high?
Poltreg's current Return-on-Tangible-Asset is -39.71%. Based on the distribution chart, Poltreg ranks #684 out of 1414 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Poltreg has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Poltreg's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Poltreg ranks #684 out of 1414 companies for Return-on-Tangible-Asset. This puts Poltreg in the upper half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Poltreg and its competitors. Poltreg's current Return-on-Tangible-Asset is -39.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poltreg stock overvalued right now?
Based on GuruFocus' analysis, Poltreg (WAR:PTG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł14.20, compared to a current price of zł26.90 — trading 89.4% above its estimated fair value. The current Return-on-Tangible-Asset is -39.71%. Poltreg's overall GF Score™ is 36/100 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 Poltreg (WAR:PTG), the current Return-on-Tangible-Asset is -39.71% 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 Poltreg (WAR:PTG) Overvalued in 2026?

Based on GuruFocus' analysis, Poltreg stock appears to be overvalued. The current stock price of zł26.90 is trading 89.4% above its estimated GF Value™ of zł14.20. GuruFocus considers Poltreg to be Significantly Overvalued.

Key valuation signals for WAR:PTG:

  • Return-on-Tangible-Asset: -39.71%
  • GF Value™: zł14.20 vs. price of zł26.90 (89.4% above fair value)
  • GF Score™: 36/100 with 3 warning signs

No single metric tells the full story. See the WAR:PTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Poltreg Business Description

Address ul.Botaniczna 20, Gdansk, POL, 80-298
Poltreg SA is a biotechnology company at the clinical stage developing an innovative generation of medicines using T-regulatory cells (TREGS) in the treatment of autoimmune diseases.
36GF Score

Get the complete analysis for WAR:PTG

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł26.90
Price
zł14.20
GF Value