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RHI Magnesita NVWBO:RHIM -2.25%73 Return-on-Tangible-Asset is 4.62% as of Dec. 2025, which is 6% above its 10-year median of 4.34. GuruFocus rates WBO:RHIM with a GF Score™ of 73/100 and a GF Value™ of €34.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,073 Industrial Products companies, RHI Magnesita NV ranks worse than 56% 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. RHI Magnesita NV's annualizedNet Income for the quarter that ended in Dec. 2025 was €158 Mil. RHI Magnesita NV's average total tangible assets for the quarter that ended in Dec. 2025 was €3,423 Mil. Therefore, RHI Magnesita NV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.62%.
The historical rank and industry rank for RHI Magnesita NV's Return-on-Tangible-Asset or its related term are showing as below:
WBO:RHIM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.74 Med: 4.34 Max: 7.85
Current: 2.42
During the past 10 years, RHI Magnesita NV's highest Return-on-Tangible-Asset was 7.85%. The lowest was -0.74%. And the median was 4.34%.
WBO:RHIM's Return-on-Tangible-Asset is ranked worse than 56% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs WBO:RHIM: 2.42
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.
RHI Magnesita NV Return-on-Tangible-Asset Related Terms
RHI Magnesita NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RHI Magnesita NV'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:RHIM vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, RHI Magnesita NV'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.
RHI Magnesita NV Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RHI Magnesita NV'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 4.62% mean?
RHI Magnesita NV (WBO:RHIM) has a Return-on-Tangible-Asset of 4.62% 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 RHI Magnesita NV and its competitors. This is near median its historical median of 4.34. According to the industry distribution chart, RHI Magnesita NV ranks #1721 out of 3073 companies in the Industrial Products industry, placing it in the top 56%.
Is RHI Magnesita NV's Return-on-Tangible-Asset too high?
RHI Magnesita NV's current Return-on-Tangible-Asset of 4.62% is near median its 10-year median of 4.34. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. RHI Magnesita NV's value of 4.62% is 42.6% above this industry median. Based on the distribution chart, RHI Magnesita NV ranks #1721 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RHI Magnesita NV has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita NV's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita NV ranks #1721 out of 3073 companies for Return-on-Tangible-Asset. This places RHI Magnesita NV in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. RHI Magnesita NV's value of 4.62% is 42.6% above this benchmark. While the company's 10-year median is 4.34 vs. the industry median of 3.24, RHI Magnesita NV 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,073 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. RHI Magnesita NV's current Return-on-Tangible-Asset of 4.62% is 42.6% 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 RHI Magnesita NV and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita NV's current Return-on-Tangible-Asset is 4.62%, which is near median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita NV stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita NV (WBO:RHIM) is currently considered Fairly Valued. The stock's GF Value™ is €34.06, compared to a current price of €34.70 — trading 1.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.62%, which is near median its 10-year median of 4.34 and 42.6% above the Industrial Products industry median of 3.24. RHI Magnesita NV's overall GF Score™ is 73/100 with 6 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 RHI Magnesita NV (WBO:RHIM), the current Return-on-Tangible-Asset is 4.62% 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 RHI Magnesita NV (WBO:RHIM) Overvalued in 2026?
Based on GuruFocus' analysis, RHI Magnesita NV stock appears to be overvalued.
The current stock price of €34.70 is trading 1.9% above its estimated GF Value™ of €34.06.
GuruFocus considers RHI Magnesita NV to be Fairly Valued.
Key valuation signals for WBO:RHIM:
Return-on-Tangible-Asset: 4.62% (near median its 10-year median of 4.34)
GF Value™: €34.06 vs. price of €34.70 (1.9% above fair value)
Industry Position: 42.6% above the Industrial Products median (#1721 of 3073)
No single metric tells the full story. See the WBO:RHIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production, as well as the sale, installation, and maintenance of refractory products and systems. The company has seven reportable segments: six regional segments-Europe & CIS, North America, Latin America, China & East Asia, India & Middle East, and Turkiye & Africa-and the Minerals segment. The regional segments focus on providing refractory products, related services, and technology solutions to customers in industries such as steel and other industrial sectors within their respective geographic markets, while the Minerals segment is engaged in the sourcing, processing, and supply of raw materials used in refractory production.
73GF Score
Get the complete analysis for WBO:RHIM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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