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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. Quantum software's annualizedNet Income for the quarter that ended in Mar. 2026 was zł-1.44 Mil. Quantum software's average total tangible assets for the quarter that ended in Mar. 2026 was zł30.77 Mil. Therefore, Quantum software's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -4.67%.
The historical rank and industry rank for Quantum software's Return-on-Tangible-Asset or its related term are showing as below:
WAR:QNT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.96 Med: 11.15 Max: 25.54
Current: 14.06
During the past 13 years, Quantum software's highest Return-on-Tangible-Asset was 25.54%. The lowest was 7.96%. And the median was 11.15%.
WAR:QNT's Return-on-Tangible-Asset is ranked better than 84.24% of 2894
companies
in the Software industry
Industry Median: 2.13
vs WAR:QNT: 14.06
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.
Quantum software Return-on-Tangible-Asset Related Terms
Quantum software Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Quantum software'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:QNT vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison
For the Software - Application subindustry, Quantum software'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.
Quantum software Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Quantum software's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Quantum software'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 -4.67% mean?
Quantum software (WAR:QNT) has a Return-on-Tangible-Asset of -4.67% 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 Quantum software and its competitors. Over the past decade, Quantum software's Return-on-Tangible-Asset has ranged from 7.96 to 25.54. According to the industry distribution chart, Quantum software ranks #456 out of 2894 companies in the Software industry, placing it in the top 15.8%.
Is Quantum software's Return-on-Tangible-Asset too high?
Quantum software's current Return-on-Tangible-Asset is -4.67%. Over the past 10 years, this metric has ranged from a low of 7.96 to a high of 25.54. Based on the distribution chart, Quantum software ranks #456 out of 2894 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Quantum software has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quantum software's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Quantum software ranks #456 out of 2894 companies for Return-on-Tangible-Asset. This places Quantum software in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.13. Historically, Quantum software's own Return-on-Tangible-Asset has ranged from 7.96 to 25.54 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 a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.13, based on 2,894 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 Quantum software and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum software's current Return-on-Tangible-Asset is -4.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum software stock overvalued right now?
Based on GuruFocus' analysis, Quantum software (WAR:QNT) is currently considered Modestly Overvalued. The stock's GF Value™ is zł25.87, compared to a current price of zł32.00 — trading 23.7% above its estimated fair value. The current Return-on-Tangible-Asset is -4.67%. Quantum software's overall GF Score™ is 86/100 with 5 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 Quantum software (WAR:QNT), the current Return-on-Tangible-Asset is -4.67% 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 Quantum software (WAR:QNT) Overvalued in 2026?
Based on GuruFocus' analysis, Quantum software stock appears to be overvalued.
The current stock price of zł32.00 is trading 23.7% above its estimated GF Value™ of zł25.87.
GuruFocus considers Quantum software to be Modestly Overvalued.
Key valuation signals for WAR:QNT:
Return-on-Tangible-Asset: -4.67%
GF Value™: zł25.87 vs. price of zł32.00 (23.7% above fair value)
No single metric tells the full story. See the WAR:QNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quantum software SA offers IT systems for companies that have particularly high requirements in the field of logistics and supply chain management. The company's flagship product is the proprietary QGUAR software package - a Supply Chain Execution system used to manage complex production, warehousing and distribution structures. It provides IT services for Production, Transport, Storage, and Plant environment. Its key products include WMS Pro, MES, APS, TMS, DS, and YMS. Quantum Software also offers implementation services, training, and ongoing support for its software products. It serves logistics centers, warehouses, manufacturing companies, and transport logistics operators both in Poland and internationally.
86GF Score
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