WBO:ATS's Return-on-Tangible-Asset is ranked worse than 67.27% of 2496
companies
in the Hardware industry
Industry Median: 2.43
vs WBO:ATS: -0.56
AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) 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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Asset Related Terms
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Asset Historical Data
* 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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Asset Chart
AT&S Austria Technologie & Systemtechnik AG Annual Data
WBO:ATS vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik AG'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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Asset vs Hardware Industry
* 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 1.19% mean?
AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) has a Return-on-Tangible-Asset of 1.19% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. This is 38% below median its historical median of 1.91. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1679 out of 2496 companies in the Hardware industry, placing it in the top 67.3%.
Is AT&S Austria Technologie & Systemtechnik AG's Return-on-Tangible-Asset too high?
AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Asset of 1.19% is 38% below median its 10-year median of 1.91. The Hardware industry median Return-on-Tangible-Asset is 2.43. AT&S Austria Technologie & Systemtechnik AG's value of 1.19% is 51% below this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1679 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AT&S Austria Technologie & Systemtechnik AG's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1679 out of 2496 companies for Return-on-Tangible-Asset. This places AT&S Austria Technologie & Systemtechnik AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.43. AT&S Austria Technologie & Systemtechnik AG's value of 1.19% is 51% below this benchmark. While the company's 10-year median is 1.91 vs. the industry median of 2.43, AT&S Austria Technologie & Systemtechnik AG 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,496 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. AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Asset of 1.19% is 51% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Asset is 1.19%, which is 38% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&S Austria Technologie & Systemtechnik AG stock overvalued right now?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.24, compared to a current price of €180.80 — trading 540.2% above its estimated fair value. The current Return-on-Tangible-Asset is 1.19%, which is 38% below median its 10-year median of 1.91 and 51% below the Hardware industry median of 2.43. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 62/100 with 9 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 AT&S Austria Technologie & Systemtechnik AG (WBO:ATS), the current Return-on-Tangible-Asset is 1.19% 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 AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) Overvalued in 2026?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued.
The current stock price of €180.80 is trading 540.2% above its estimated GF Value™ of €28.24.
GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.
Key valuation signals for WBO:ATS:
Return-on-Tangible-Asset: 1.19% (38% below median its 10-year median of 1.91)
GF Value™: €28.24 vs. price of €180.80 (540.2% above fair value)
Industry Position: 51% below the Hardware median (#1679 of 2496)
No single metric tells the full story. See the WBO:ATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AT&S Austria Technologie & Systemtechnik AG Business Description
AT&S Austria Technologie & Systemtechnik AG provider of high-end IC substrates and printed circuit boards. The company develops and manufactures interconnection technologies for key digital industries, including mobile devices, automotive and aerospace, industrial, medical, and high-performance computing for Al applications. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers (OEM) as well as to contracted electronic manufacturers (CEM). Its segments are Electronics solutions, Microelectronics, and Others. Majority of revenue comes from Microelectronics segment. It has presence in Austria, Germany, Other European countries, China, Other Asian countries, and Americas of which majority of revenue is from America.
62GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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