Software Mansion S AWAR:SWM +3.66%38 Return-on-Tangible-Asset is 11.03% as of Mar. 2026, which is 78% below its 10-year median of 49.27. GuruFocus rates WAR:SWM with a GF Score™ of 38/100 and a GF Value™ of zł45.80 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,877 Software companies, Software Mansion S A ranks better than 92.01% 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. Software Mansion S A's annualizedNet Income for the quarter that ended in Mar. 2026 was zł8.6 Mil. Software Mansion S A's average total tangible assets for the quarter that ended in Mar. 2026 was zł77.6 Mil. Therefore, Software Mansion S A's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.03%.
The historical rank and industry rank for Software Mansion S A's Return-on-Tangible-Asset or its related term are showing as below:
WAR:SWM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 20.81 Med: 49.27 Max: 90.44
Current: 20.81
During the past 5 years, Software Mansion S A's highest Return-on-Tangible-Asset was 90.44%. The lowest was 20.81%. And the median was 49.27%.
WAR:SWM's Return-on-Tangible-Asset is ranked better than 92.01% of 2877
companies
in the Software industry
Industry Median: 2.04
vs WAR:SWM: 20.81
Software Mansion S A (WAR:SWM) 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 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.
Software Mansion S A Return-on-Tangible-Asset Related Terms
Software Mansion S A Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Software Mansion S A'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.
Software Mansion S A Return-on-Tangible-Asset Chart
WAR:SWM vs MSFT, ORCL, PLTR: Return-on-Tangible-Asset Comparison
For the Software - Infrastructure subindustry, Software Mansion S A'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.
Software Mansion S A Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Software Mansion S A's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Software Mansion S A'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 11.03% mean?
Software Mansion S A (WAR:SWM) has a Return-on-Tangible-Asset of 11.03% 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 Software Mansion S A and its competitors. This is 78% below median its historical median of 49.27. Over the past decade, Software Mansion S A's Return-on-Tangible-Asset has ranged from 20.81 to 90.44. According to the industry distribution chart, Software Mansion S A ranks #230 out of 2877 companies in the Software industry, placing it in the top 8%.
Is Software Mansion S A's Return-on-Tangible-Asset too high?
Software Mansion S A's current Return-on-Tangible-Asset of 11.03% is 78% below median its 10-year median of 49.27. Over the past 10 years, this metric has ranged from a low of 20.81 to a high of 90.44. The Software industry median Return-on-Tangible-Asset is 2.04. Software Mansion S A's value of 11.03% is 440.7% above this industry median. Based on the distribution chart, Software Mansion S A ranks #230 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Software Mansion S A has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Return-on-Tangible-Asset compare to MSFT and ORCL?
According to the Software industry distribution chart, Software Mansion S A ranks #230 out of 2877 companies for Return-on-Tangible-Asset. This places Software Mansion S A in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Software Mansion S A's value of 11.03% is 440.7% above this benchmark. Historically, Software Mansion S A's own Return-on-Tangible-Asset has ranged from 20.81 to 90.44 over the past decade. While the company's 10-year median is 49.27 vs. the industry median of 2.04, Software Mansion S A 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,877 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. Software Mansion S A's current Return-on-Tangible-Asset of 11.03% is 440.7% 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 Software Mansion S A and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Mansion S A's current Return-on-Tangible-Asset is 11.03%, which is 78% below median its own 10-year median of 49.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł45.80, compared to a current price of zł28.30 — trading 38.2% below its estimated fair value. The current Return-on-Tangible-Asset is 11.03%, which is 78% below median its 10-year median of 49.27 and 440.7% above the Software industry median of 2.04. Software Mansion S A's overall GF Score™ is 38/100 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 Software Mansion S A (WAR:SWM), the current Return-on-Tangible-Asset is 11.03% 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?
Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued.
The current stock price of zł28.30 is trading 38.2% below its estimated GF Value™ of zł45.80.
GuruFocus considers Software Mansion S A to be Possible Value Trap.
Key valuation signals for WAR:SWM:
Return-on-Tangible-Asset: 11.03% (78% below median its 10-year median of 49.27)
GF Value™: zł45.80 vs. price of zł28.30 (38.2% below fair value)
Industry Position: 440.7% above the Software median (#230 of 2877)
No single metric tells the full story. See the WAR:SWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
38GF Score
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