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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.
Wearable DevicesWLDS 47 Return-on-Tangible-Asset is -70.90% as of Dec. 2025. GuruFocus rates WLDS with a GF Score™ of 47/100 and a GF Value™ of $25.26 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,502 Hardware companies, Wearable Devices ranks worse than 97.16% 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. Wearable Devices's annualizedNet Income for the quarter that ended in Dec. 2025 was $-8.78 Mil. Wearable Devices's average total tangible assets for the quarter that ended in Dec. 2025 was $12.39 Mil. Therefore, Wearable Devices's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -70.90%.
The historical rank and industry rank for Wearable Devices's Return-on-Tangible-Asset or its related term are showing as below:
WLDS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -258.05 Med: -102.55 Max: -60.95
Current: -79.08
During the past 7 years, Wearable Devices's highest Return-on-Tangible-Asset was -60.95%. The lowest was -258.05%. And the median was -102.55%.
WLDS's Return-on-Tangible-Asset is ranked worse than 97.16% of 2502
companies
in the Hardware industry
Industry Median: 2.44
vs WLDS: -79.08
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.
Wearable Devices Return-on-Tangible-Asset Related Terms
Wearable Devices Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wearable Devices'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.
WLDS vs BOXL, CAPC, WTO: Return-on-Tangible-Asset Comparison
For the Consumer Electronics subindustry, Wearable Devices'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.
Wearable Devices Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Wearable Devices's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wearable Devices'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 -70.90% mean?
Wearable Devices (WLDS) has a Return-on-Tangible-Asset of -70.90% 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 Wearable Devices and its competitors. According to the industry distribution chart, Wearable Devices ranks #2431 out of 2502 companies in the Hardware industry, placing it in the top 97.2%.
Is Wearable Devices' Return-on-Tangible-Asset too high?
Wearable Devices' current Return-on-Tangible-Asset is -70.90%. Based on the distribution chart, Wearable Devices ranks #2431 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Wearable Devices has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wearable Devices' Return-on-Tangible-Asset compare to BOXL and CAPC?
According to the Hardware industry distribution chart, Wearable Devices ranks #2431 out of 2502 companies for Return-on-Tangible-Asset. This places Wearable Devices in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. 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 2.44, based on 2,502 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 Wearable Devices and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wearable Devices's current Return-on-Tangible-Asset is -70.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Devices stock overvalued right now?
Based on GuruFocus' analysis, Wearable Devices (WLDS) is currently considered Possible Value Trap. The stock's GF Value™ is $25.26, compared to a current price of $1.36 — trading 94.6% below its estimated fair value. The current Return-on-Tangible-Asset is -70.90%. Wearable Devices' overall GF Score™ is 47/100 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 Wearable Devices (WLDS), the current Return-on-Tangible-Asset is -70.90% 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 Wearable Devices (WLDS) Overvalued in 2026?
Based on GuruFocus' analysis, Wearable Devices stock appears to be undervalued.
The current stock price of $1.36 is trading 94.6% below its estimated GF Value™ of $25.26.
GuruFocus considers Wearable Devices to be Possible Value Trap.
Key valuation signals for WLDS:
Return-on-Tangible-Asset: -70.90%
GF Value™: $25.26 vs. price of $1.36 (94.6% below fair value)
No single metric tells the full story. See the WLDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wearable Devices Ltd develops and sells human-machine interface solutions for the smart wearables industry. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.
47GF Score
Get the complete analysis for WLDS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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