Rainbow Tours (WAR:RBW) Return-on-Tangible-Asset: 12.39% (As of Mar. 2026) — 38% Above Median

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:RBW Rainbow Tours SA WAR:RBW
94 GF Score
Price zł137.10
GF Value zł144.03
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Rainbow Tours Return-on-Tangible-Asset?

Rainbow Tours WAR:RBW +1.56% 94 Return-on-Tangible-Asset is 12.39% as of Mar. 2026, which is 38% above its 10-year median of 8.95. GuruFocus rates WAR:RBW with a GF Score™ of 94/100 and a GF Value™ of zł144.03 (Fairly Valued). The stock has 2 warning signs investors should review. Among 857 Travel & Leisure companies, Rainbow Tours ranks better than 92.53% 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. Rainbow Tours's annualized Net Income for the quarter that ended in Mar. 2026 was zł183 Mil. Rainbow Tours's average total tangible assets for the quarter that ended in Mar. 2026 was zł1,476 Mil. Therefore, Rainbow Tours's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 12.39%.

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

WAR:RBW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.77   Med: 8.95   Max: 24.9
Current: 17.16

During the past 13 years, Rainbow Tours's highest Return-on-Tangible-Asset was 24.90%. The lowest was -8.77%. And the median was 8.95%.

WAR:RBW's Return-on-Tangible-Asset is ranked better than
92.53% of 857 companies
in the Travel & Leisure industry
Industry Median: 2.75 vs WAR:RBW: 17.16

Rainbow Tours  (WAR:RBW) 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.


Rainbow Tours Return-on-Tangible-Asset Related Terms


Rainbow Tours Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rainbow Tours'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.

Rainbow Tours Return-on-Tangible-Asset Chart

Rainbow Tours Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 3.40 20.44 24.90 19.42

Rainbow Tours 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 18.99 7.12 42.98 4.23 12.39

WAR:RBW vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Rainbow Tours'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.


Rainbow Tours Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rainbow Tours's Return-on-Tangible-Asset distribution charts can be found below:

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


WAR:RBW
94GF Score
Rainbow Tours SA WAR:RBW
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rainbow Tours Return-on-Tangible-Asset Calculation

Rainbow Tours'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 )
=259.211/( (1290.091+1379.669)/ 2 )
=259.211/1334.88
=19.42 %

Rainbow Tours'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 )
=182.872/( (1379.669+1572.394)/ 2 )
=182.872/1476.0315
=12.39 %

* 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 12.39% mean?
Rainbow Tours (WAR:RBW) has a Return-on-Tangible-Asset of 12.39% 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 Rainbow Tours and its competitors. This is 38% above median its historical median of 8.95. According to the industry distribution chart, Rainbow Tours ranks #64 out of 857 companies in the Travel & Leisure industry, placing it in the top 7.5%.
Is Rainbow Tours' Return-on-Tangible-Asset too high?
Rainbow Tours' current Return-on-Tangible-Asset of 12.39% is 38% above median its 10-year median of 8.95. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.75. Rainbow Tours' value of 12.39% is 350.5% above this industry median. Based on the distribution chart, Rainbow Tours ranks #64 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Rainbow Tours has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rainbow Tours' Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Rainbow Tours ranks #64 out of 857 companies for Return-on-Tangible-Asset. This places Rainbow Tours in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. Rainbow Tours' value of 12.39% is 350.5% above this benchmark. While the company's 10-year median is 8.95 vs. the industry median of 2.75, Rainbow Tours 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.75, based on 857 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. Rainbow Tours's current Return-on-Tangible-Asset of 12.39% is 350.5% 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 Rainbow Tours and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rainbow Tours's current Return-on-Tangible-Asset is 12.39%, which is 38% above median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow Tours stock overvalued right now?
Based on GuruFocus' analysis, Rainbow Tours (WAR:RBW) is currently considered Fairly Valued. The stock's GF Value™ is zł144.03, compared to a current price of zł137.10 — trading 4.8% below its estimated fair value. The current Return-on-Tangible-Asset is 12.39%, which is 38% above median its 10-year median of 8.95 and 350.5% above the Travel & Leisure industry median of 2.75. Rainbow Tours' overall GF Score™ is 94/100 with 2 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 Rainbow Tours (WAR:RBW), the current Return-on-Tangible-Asset is 12.39% 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 Rainbow Tours (WAR:RBW) Overvalued in 2026?

Based on GuruFocus' analysis, Rainbow Tours stock appears to be undervalued. The current stock price of zł137.10 is trading 4.8% below its estimated GF Value™ of zł144.03. GuruFocus considers Rainbow Tours to be Fairly Valued.

Key valuation signals for WAR:RBW:

  • Return-on-Tangible-Asset: 12.39% (38% above median its 10-year median of 8.95)
  • GF Value™: zł144.03 vs. price of zł137.10 (4.8% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 350.5% above the Travel & Leisure median (#64 of 857)

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


Rainbow Tours Business Description

Address ul: Piotrkowska 270, Lodz, POL, 90-361
Website https://r.pl/
Rainbow Tours SA is a Poland-based tour operator which provides a range of tour options, including city tours, long-distance airplane trips, package holidays, last minute and last second trips, to various destinations worldwide. The company also offers online flight ticket reservation services.
94GF Score

Get the complete analysis for WAR:RBW

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

zł137.10
Price
zł144.03
GF Value