Bitcoin Group SEWBO:ADE +9.95%48 Return-on-Tangible-Asset is 5.44% as of Dec. 2025, which is 67% below its 10-year median of 16.67. GuruFocus rates WBO:ADE with a GF Score™ of 48/100 and a GF Value™ of €29.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,632 Asset Management companies, Bitcoin Group SE ranks worse than 80.76% 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. Bitcoin Group SE's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.69 Mil. Bitcoin Group SE's average total tangible assets for the quarter that ended in Dec. 2025 was €12.72 Mil. Therefore, Bitcoin Group SE's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.44%.
The historical rank and industry rank for Bitcoin Group SE's Return-on-Tangible-Asset or its related term are showing as below:
WBO:ADE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.62 Med: 16.67 Max: 141.71
Current: -3.05
During the past 13 years, Bitcoin Group SE's highest Return-on-Tangible-Asset was 141.71%. The lowest was -11.62%. And the median was 16.67%.
WBO:ADE's Return-on-Tangible-Asset is ranked worse than 80.76% of 1632
companies
in the Asset Management industry
Industry Median: 4.095
vs WBO:ADE: -3.05
Bitcoin Group SE (WBO:ADE) 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.
Bitcoin Group SE Return-on-Tangible-Asset Related Terms
Bitcoin Group SE Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bitcoin Group SE'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.
WBO:ADE vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Bitcoin Group SE'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.
Bitcoin Group SE Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bitcoin Group SE's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bitcoin Group SE'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.44% mean?
Bitcoin Group SE (WBO:ADE) has a Return-on-Tangible-Asset of 5.44% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bitcoin Group SE and its competitors. This is 67% below median its historical median of 16.67. According to the industry distribution chart, Bitcoin Group SE ranks #1318 out of 1632 companies in the Asset Management industry, placing it in the top 80.8%.
Is Bitcoin Group SE's Return-on-Tangible-Asset too high?
Bitcoin Group SE's current Return-on-Tangible-Asset of 5.44% is 67% below median its 10-year median of 16.67. The Asset Management industry median Return-on-Tangible-Asset is 4.10. Bitcoin Group SE's value of 5.44% is 32.8% above this industry median. Based on the distribution chart, Bitcoin Group SE ranks #1318 out of 1632 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bitcoin Group SE has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Group SE's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Bitcoin Group SE ranks #1318 out of 1632 companies for Return-on-Tangible-Asset. This places Bitcoin Group SE in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.10. Bitcoin Group SE's value of 5.44% is 32.8% above this benchmark. While the company's 10-year median is 16.67 vs. the industry median of 4.10, Bitcoin Group SE 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.10, based on 1,632 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. Bitcoin Group SE's current Return-on-Tangible-Asset of 5.44% is 32.8% 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 Bitcoin Group SE and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Group SE's current Return-on-Tangible-Asset is 5.44%, which is 67% below median its own 10-year median of 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Group SE stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Group SE (WBO:ADE) is currently considered Modestly Undervalued. The stock's GF Value™ is €29.13, compared to a current price of €24.76 — trading 15% below its estimated fair value. The current Return-on-Tangible-Asset is 5.44%, which is 67% below median its 10-year median of 16.67 and 32.8% above the Asset Management industry median of 4.10. Bitcoin Group SE's overall GF Score™ is 48/100 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 Bitcoin Group SE (WBO:ADE), the current Return-on-Tangible-Asset is 5.44% as of Dec. 2025. 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 Bitcoin Group SE (WBO:ADE) Overvalued in 2026?
Based on GuruFocus' analysis, Bitcoin Group SE stock appears to be undervalued.
The current stock price of €24.76 is trading 15% below its estimated GF Value™ of €29.13.
GuruFocus considers Bitcoin Group SE to be Modestly Undervalued.
Key valuation signals for WBO:ADE:
Return-on-Tangible-Asset: 5.44% (67% below median its 10-year median of 16.67)
GF Value™: €29.13 vs. price of €24.76 (15% below fair value)
Industry Position: 32.8% above the Asset Management median (#1318 of 1632)
No single metric tells the full story. See the WBO:ADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bitcoin Group SE is a venture capital company. The Company focuses on the acquisition, sale and management of investments in companies, and the acquisition of strategic leadership, management and coordination of these companies.
48GF Score
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