Tower Investments (WAR:TOW) Return-on-Tangible-Asset: -5.00% (As of Mar. 2026)

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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:TOW Tower Investments SA WAR:TOW
30 GF Score
Price zł1.75
GF Value zł0.56
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tower Investments Return-on-Tangible-Asset?

Tower Investments WAR:TOW 30 Return-on-Tangible-Asset is -5.00% as of Mar. 2026. GuruFocus rates WAR:TOW with a GF Score™ of 30/100 and a GF Value™ of zł0.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, Tower Investments ranks better than 92.17% 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. Tower Investments's annualized Net Income for the quarter that ended in Mar. 2026 was zł-1.04 Mil. Tower Investments's average total tangible assets for the quarter that ended in Mar. 2026 was zł20.82 Mil. Therefore, Tower Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.00%.

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

WAR:TOW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -70.84   Med: 0.28   Max: 22.2
Current: 9.78

During the past 9 years, Tower Investments's highest Return-on-Tangible-Asset was 22.20%. The lowest was -70.84%. And the median was 0.28%.

WAR:TOW's Return-on-Tangible-Asset is ranked better than
92.17% of 1800 companies
in the Real Estate industry
Industry Median: 1.735 vs WAR:TOW: 9.78

Tower Investments  (WAR:TOW) 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.


Tower Investments Return-on-Tangible-Asset Related Terms


Tower Investments Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tower Investments'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.

Tower Investments Return-on-Tangible-Asset Chart

Tower Investments Annual Data
Trend Oct16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 0.28 -12.77 -21.81 -70.84 12.30

Tower Investments 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 -6.02 17.12 11.02 13.06 -5.00

Tower Investments Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Tower Investments'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.


Tower Investments Return-on-Tangible-Asset vs Real Estate Industry

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

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


WAR:TOW
30GF Score
Tower Investments SA WAR:TOW
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tower Investments Return-on-Tangible-Asset Calculation

Tower Investments'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 )
=2.289/( (16.244+20.966)/ 2 )
=2.289/18.605
=12.30 %

Tower Investments'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 )
=-1.04/( (20.966+20.675)/ 2 )
=-1.04/20.8205
=-5.00 %

* 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 -5.00% mean?
Tower Investments (WAR:TOW) has a Return-on-Tangible-Asset of -5.00% 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 Tower Investments and its competitors. According to the industry distribution chart, Tower Investments ranks #141 out of 1800 companies in the Real Estate industry, placing it in the top 7.8%.
Is Tower Investments' Return-on-Tangible-Asset too high?
Tower Investments' current Return-on-Tangible-Asset is -5.00%. Based on the distribution chart, Tower Investments ranks #141 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Tower Investments has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tower Investments' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Tower Investments ranks #141 out of 1800 companies for Return-on-Tangible-Asset. This places Tower Investments in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.74. 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. 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 Tower Investments 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. Tower Investments's current Return-on-Tangible-Asset is -5.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower Investments stock overvalued right now?
Based on GuruFocus' analysis, Tower Investments (WAR:TOW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.56, compared to a current price of zł1.75 — trading 211.8% above its estimated fair value. The current Return-on-Tangible-Asset is -5.00%. Tower Investments' overall GF Score™ is 30/100 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 Tower Investments (WAR:TOW), the current Return-on-Tangible-Asset is -5.00% 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 Tower Investments (WAR:TOW) Overvalued in 2026?

Based on GuruFocus' analysis, Tower Investments stock appears to be overvalued. The current stock price of zł1.75 is trading 211.8% above its estimated GF Value™ of zł0.56. GuruFocus considers Tower Investments to be Significantly Overvalued.

Key valuation signals for WAR:TOW:

  • Return-on-Tangible-Asset: -5.00%
  • GF Value™: zł0.56 vs. price of zł1.75 (211.8% above fair value)
  • GF Score™: 30/100 with 5 warning signs

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


Tower Investments Business Description

Address Aleja Jana Pawla II 27, Warsaw, POL, 00-867
Tower Investments SA is a real estate development company. It develops retail properties and parks, as well as multi-purpose residential and commercial buildings. It co-creates and co-owns the SHOPIN brand which lends its name to shopping malls and retail parks. The company portfolio covers properties located in Poland.
30GF Score

Get the complete analysis for WAR:TOW

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

zł1.75
Price
zł0.56
GF Value