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Zeneris ProjektyWAR:ZEN +1.93%67 Return-on-Tangible-Asset is -22.36% as of Mar. 2026. GuruFocus rates WAR:ZEN with a GF Score™ of 67/100 and a GF Value™ of zł4.68 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, Zeneris Projekty ranks worse than 55.63% 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. Zeneris Projekty's annualizedNet Income for the quarter that ended in Mar. 2026 was zł-1.95 Mil. Zeneris Projekty's average total tangible assets for the quarter that ended in Mar. 2026 was zł8.71 Mil. Therefore, Zeneris Projekty's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -22.36%.
The historical rank and industry rank for Zeneris Projekty's Return-on-Tangible-Asset or its related term are showing as below:
WAR:ZEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.69 Med: 5.18 Max: 27.07
Current: 0.69
During the past 6 years, Zeneris Projekty's highest Return-on-Tangible-Asset was 27.07%. The lowest was 0.69%. And the median was 5.18%.
WAR:ZEN's Return-on-Tangible-Asset is ranked worse than 55.63% of 453
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.19
vs WAR:ZEN: 0.69
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.
Zeneris Projekty Return-on-Tangible-Asset Related Terms
Zeneris Projekty Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zeneris Projekty'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.
For the Utilities - Renewable subindustry, Zeneris Projekty'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.
Zeneris Projekty Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zeneris Projekty's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zeneris Projekty'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 -22.36% mean?
Zeneris Projekty (WAR:ZEN) has a Return-on-Tangible-Asset of -22.36% 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 Zeneris Projekty and its competitors. Over the past decade, Zeneris Projekty's Return-on-Tangible-Asset has ranged from 0.69 to 27.07. According to the industry distribution chart, Zeneris Projekty ranks #252 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 55.6%.
Is Zeneris Projekty's Return-on-Tangible-Asset too high?
Zeneris Projekty's current Return-on-Tangible-Asset is -22.36%. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 27.07. Based on the distribution chart, Zeneris Projekty ranks #252 out of 453 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zeneris Projekty has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeneris Projekty's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zeneris Projekty ranks #252 out of 453 companies for Return-on-Tangible-Asset. This places Zeneris Projekty in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.19. Historically, Zeneris Projekty's own Return-on-Tangible-Asset has ranged from 0.69 to 27.07 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.19, based on 453 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 Zeneris Projekty and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeneris Projekty's current Return-on-Tangible-Asset is -22.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeneris Projekty stock overvalued right now?
Based on GuruFocus' analysis, Zeneris Projekty (WAR:ZEN) is currently considered Significantly Undervalued. The stock's GF Value™ is zł4.68, compared to a current price of zł2.64 — trading 43.6% below its estimated fair value. The current Return-on-Tangible-Asset is -22.36%. Zeneris Projekty's overall GF Score™ is 67/100 with 7 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 Zeneris Projekty (WAR:ZEN), the current Return-on-Tangible-Asset is -22.36% 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 Zeneris Projekty (WAR:ZEN) Overvalued in 2026?
Based on GuruFocus' analysis, Zeneris Projekty stock appears to be undervalued.
The current stock price of zł2.64 is trading 43.6% below its estimated GF Value™ of zł4.68.
GuruFocus considers Zeneris Projekty to be Significantly Undervalued.
Key valuation signals for WAR:ZEN:
Return-on-Tangible-Asset: -22.36%
GF Value™: zł4.68 vs. price of zł2.64 (43.6% below fair value)
No single metric tells the full story. See the WAR:ZEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zeneris Projekty SA is engaged in designing and implementing renewable energy investments. The company focuses on Photovoltaics and Hydropower sectors.
67GF Score
Get the complete analysis for WAR:ZEN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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