Serviceware SE (WBO:SJJ) Return-on-Tangible-Asset: 0.87% (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

WBO:SJJ Serviceware SE WBO:SJJ
44 GF Score
Price €14.85
GF Value €19.66
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Serviceware SE Return-on-Tangible-Asset?

Serviceware SE WBO:SJJ -1.33% 44 Return-on-Tangible-Asset is 0.87% as of May. 2026. GuruFocus rates WBO:SJJ with a GF Score™ of 44/100 and a GF Value™ of €19.66 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,895 Software companies, Serviceware SE ranks worse than 52.78% 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. Serviceware SE's annualized Net Income for the quarter that ended in May. 2026 was €1.4 Mil. Serviceware SE's average total tangible assets for the quarter that ended in May. 2026 was €164.7 Mil. Therefore, Serviceware SE's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 0.87%.

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

WBO:SJJ' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.86   Med: -1.62   Max: 17.06
Current: 1.4

During the past 11 years, Serviceware SE's highest Return-on-Tangible-Asset was 17.06%. The lowest was -4.86%. And the median was -1.62%.

WBO:SJJ's Return-on-Tangible-Asset is ranked worse than
52.78% of 2895 companies
in the Software industry
Industry Median: 2.1 vs WBO:SJJ: 1.40

Serviceware SE  (WBO:SJJ) 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.


Serviceware SE Return-on-Tangible-Asset Related Terms


Serviceware SE Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Serviceware 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.

Serviceware SE Return-on-Tangible-Asset Chart

Serviceware SE Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.71 -4.86 -4.46 -0.08 1.33

Serviceware SE Quarterly Data
May21 Aug21 Nov21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.52 2.04 3.65 -0.82 0.87

WBO:SJJ vs QH, SHOP, UBER: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Serviceware 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.


Serviceware SE Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Serviceware SE's Return-on-Tangible-Asset distribution charts can be found below:

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


WBO:SJJ
44GF Score
Serviceware SE WBO:SJJ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serviceware SE Return-on-Tangible-Asset Calculation

Serviceware SE's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=1.819/( (128.429+144.257)/ 2 )
=1.819/136.343
=1.33 %

Serviceware SE's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=1.428/( (0+164.674)/ 1 )
=1.428/164.674
=0.87 %

* 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 (May. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.87% mean?
Serviceware SE (WBO:SJJ) has a Return-on-Tangible-Asset of 0.87% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Serviceware SE and its competitors. According to the industry distribution chart, Serviceware SE ranks #1528 out of 2895 companies in the Software industry, placing it in the top 52.8%.
Is Serviceware SE's Return-on-Tangible-Asset too high?
Serviceware SE's current Return-on-Tangible-Asset is 0.87%. The Software industry median Return-on-Tangible-Asset is 2.10. Serviceware SE's value of 0.87% is 58.6% below this industry median. Based on the distribution chart, Serviceware SE ranks #1528 out of 2895 companies in the Software industry, which is below the industry midpoint. Overall, Serviceware SE has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Serviceware SE's Return-on-Tangible-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Serviceware SE ranks #1528 out of 2895 companies for Return-on-Tangible-Asset. This places Serviceware SE in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. Serviceware SE's value of 0.87% is 58.6% below this benchmark. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,895 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. Serviceware SE's current Return-on-Tangible-Asset of 0.87% is 58.6% 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 Serviceware SE and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serviceware SE's current Return-on-Tangible-Asset is 0.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serviceware SE stock overvalued right now?
Based on GuruFocus' analysis, Serviceware SE (WBO:SJJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.66, compared to a current price of €14.85 — trading 24.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.87% and 58.6% below the Software industry median of 2.10. Serviceware SE's overall GF Score™ is 44/100 with 2 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 Serviceware SE (WBO:SJJ), the current Return-on-Tangible-Asset is 0.87% as of May. 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 Serviceware SE (WBO:SJJ) Overvalued in 2026?

Based on GuruFocus' analysis, Serviceware SE stock appears to be undervalued. The current stock price of €14.85 is trading 24.5% below its estimated GF Value™ of €19.66. GuruFocus considers Serviceware SE to be Modestly Undervalued.

Key valuation signals for WBO:SJJ:

  • Return-on-Tangible-Asset: 0.87%
  • GF Value™: €19.66 vs. price of €14.85 (24.5% below fair value)
  • GF Score™: 44/100 with 2 warning signs
  • Industry Position: 58.6% below the Software median (#1528 of 2895)

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


Serviceware SE Business Description

Other Exchanges SJJ:Germany
Address Serviceware - Kreisel 1, Idstein, HE, DEU, 65510
Serviceware SE is a provider of software solutions that help companies compete digitally with Enterprise Service Management (ESM) by improving service quality and efficiently managing service costs. The company's platform which includes software solutions for financial, processes, resources, knowledge, and performance. In addition, the company offers the infrastructure solutions and managed services necessary for operations securely and reliably.
44GF Score

Get the complete analysis for WBO:SJJ

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

€14.85
Price
€19.66
GF Value