Rank Progress (WAR:RNK) Return-on-Tangible-Asset: 1.71% (As of Mar. 2026) — 17% Below Median

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Vera Yuan
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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:RNK Rank Progress SA WAR:RNK
71 GF Score
Price zł4.85
GF Value zł2.87
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rank Progress Return-on-Tangible-Asset?

Rank Progress WAR:RNK +1.04% 71 Return-on-Tangible-Asset is 1.71% as of Mar. 2026, which is 17% below its 10-year median of 2.07. GuruFocus rates WAR:RNK with a GF Score™ of 71/100 and a GF Value™ of zł2.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,800 Real Estate companies, Rank Progress ranks better than 64.78% 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. Rank Progress's annualized Net Income for the quarter that ended in Mar. 2026 was zł15.30 Mil. Rank Progress's average total tangible assets for the quarter that ended in Mar. 2026 was zł895.95 Mil. Therefore, Rank Progress's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.71%.

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

WAR:RNK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.21   Med: 2.07   Max: 6.67
Current: 3.21

During the past 13 years, Rank Progress's highest Return-on-Tangible-Asset was 6.67%. The lowest was 0.21%. And the median was 2.07%.

WAR:RNK's Return-on-Tangible-Asset is ranked better than
64.78% of 1800 companies
in the Real Estate industry
Industry Median: 1.735 vs WAR:RNK: 3.21

Rank Progress  (WAR:RNK) 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.


Rank Progress Return-on-Tangible-Asset Related Terms


Rank Progress Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Rank Progress'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.

Rank Progress Return-on-Tangible-Asset Chart

Rank Progress 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 0.28 3.03 2.30 4.40 1.98

Rank Progress 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 -3.31 0.79 7.51 2.88 1.71

Rank Progress Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Diversified subindustry, Rank Progress'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.


Rank Progress Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Rank Progress's Return-on-Tangible-Asset distribution charts can be found below:

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


WAR:RNK
71GF Score
Rank Progress SA WAR:RNK
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rank Progress Return-on-Tangible-Asset Calculation

Rank Progress'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 )
=17.202/( (851.733+888.435)/ 2 )
=17.202/870.084
=1.98 %

Rank Progress'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 )
=15.296/( (888.435+903.462)/ 2 )
=15.296/895.9485
=1.71 %

* 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 1.71% mean?
Rank Progress (WAR:RNK) has a Return-on-Tangible-Asset of 1.71% 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 Rank Progress and its competitors. This is 17% below median its historical median of 2.07. Over the past decade, Rank Progress' Return-on-Tangible-Asset has ranged from 0.21 to 6.67. According to the industry distribution chart, Rank Progress ranks #634 out of 1800 companies in the Real Estate industry, placing it in the top 35.2%.
Is Rank Progress' Return-on-Tangible-Asset too high?
Rank Progress' current Return-on-Tangible-Asset of 1.71% is 17% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 6.67. The Real Estate industry median Return-on-Tangible-Asset is 1.74. Rank Progress' value of 1.71% is 1.4% below this industry median. Based on the distribution chart, Rank Progress ranks #634 out of 1800 companies in the Real Estate industry, which is above the industry midpoint. Overall, Rank Progress has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rank Progress' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Rank Progress ranks #634 out of 1800 companies for Return-on-Tangible-Asset. This puts Rank Progress in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.74. Rank Progress' value of 1.71% is 1.4% below this benchmark. Historically, Rank Progress' own Return-on-Tangible-Asset has ranged from 0.21 to 6.67 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.74, Rank Progress has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.74, based on 1,800 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. Rank Progress's current Return-on-Tangible-Asset of 1.71% is 1.4% below 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 Rank Progress and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rank Progress's current Return-on-Tangible-Asset is 1.71%, which is 17% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rank Progress stock overvalued right now?
Based on GuruFocus' analysis, Rank Progress (WAR:RNK) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2.87, compared to a current price of zł4.85 — trading 69% above its estimated fair value. The current Return-on-Tangible-Asset is 1.71%, which is 17% below median its 10-year median of 2.07 and 1.4% below the Real Estate industry median of 1.74. Rank Progress' overall GF Score™ is 71/100 with 6 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 Rank Progress (WAR:RNK), the current Return-on-Tangible-Asset is 1.71% 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 Rank Progress (WAR:RNK) Overvalued in 2026?

Based on GuruFocus' analysis, Rank Progress stock appears to be overvalued. The current stock price of zł4.85 is trading 69% above its estimated GF Value™ of zł2.87. GuruFocus considers Rank Progress to be Significantly Overvalued.

Key valuation signals for WAR:RNK:

  • Return-on-Tangible-Asset: 1.71% (17% below median its 10-year median of 2.07)
  • GF Value™: zł2.87 vs. price of zł4.85 (69% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 1.4% below the Real Estate median (#634 of 1800)

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


Rank Progress Business Description

Address 63 Zlotoryjska, Legnica, POL, 59-220
Rank Progress SA is a Poland-based company engaged in property investment and development. It is engaged in renting and operating of own or leased real property, buying and selling of own real property and constructing its own projects. The company's business model is based on the purchase of real estate, land integration, administrative preparation for development, construction works, and management or sale of a property. The company is also engaged in providing rental space to shopping centers in the main cities across Poland.
71GF Score

Get the complete analysis for WAR:RNK

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

zł4.85
Price
zł2.87
GF Value