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Kendrion NVXAMS:KENDR +2.17%58 Return-on-Tangible-Asset is 10.73% as of Mar. 2026, which is 159% above its 10-year median of 4.15. GuruFocus rates XAMS:KENDR with a GF Score™ of 58/100 and a GF Value™ of €10.83 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,078 Industrial Products companies, Kendrion NV ranks better than 85.77% 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. Kendrion NV's annualizedNet Income for the quarter that ended in Mar. 2026 was €18.0 Mil. Kendrion NV's average total tangible assets for the quarter that ended in Mar. 2026 was €167.8 Mil. Therefore, Kendrion NV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.73%.
The historical rank and industry rank for Kendrion NV's Return-on-Tangible-Asset or its related term are showing as below:
XAMS:KENDR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.08 Med: 4.15 Max: 10.04
Current: 10.04
During the past 13 years, Kendrion NV's highest Return-on-Tangible-Asset was 10.04%. The lowest was -14.08%. And the median was 4.15%.
XAMS:KENDR's Return-on-Tangible-Asset is ranked better than 85.77% of 3078
companies
in the Industrial Products industry
Industry Median: 3.28
vs XAMS:KENDR: 10.04
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.
Kendrion NV Return-on-Tangible-Asset Related Terms
Kendrion NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kendrion 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.
XAMS:KENDR vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Kendrion 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.
Kendrion NV Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kendrion NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kendrion 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.73% mean?
Kendrion NV (XAMS:KENDR) has a Return-on-Tangible-Asset of 10.73% 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 Kendrion NV and its competitors. This is 159% above median its historical median of 4.15. According to the industry distribution chart, Kendrion NV ranks #438 out of 3078 companies in the Industrial Products industry, placing it in the top 14.2%.
Is Kendrion NV's Return-on-Tangible-Asset too high?
Kendrion NV's current Return-on-Tangible-Asset of 10.73% is 159% above median its 10-year median of 4.15. The Industrial Products industry median Return-on-Tangible-Asset is 3.28. Kendrion NV's value of 10.73% is 227.1% above this industry median. Based on the distribution chart, Kendrion NV ranks #438 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kendrion NV has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kendrion NV's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kendrion NV ranks #438 out of 3078 companies for Return-on-Tangible-Asset. This places Kendrion NV in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.28. Kendrion NV's value of 10.73% is 227.1% above this benchmark. While the company's 10-year median is 4.15 vs. the industry median of 3.28, Kendrion 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 3.28, based on 3,078 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. Kendrion NV's current Return-on-Tangible-Asset of 10.73% is 227.1% 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 Kendrion NV and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kendrion NV's current Return-on-Tangible-Asset is 10.73%, which is 159% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kendrion NV stock overvalued right now?
Based on GuruFocus' analysis, Kendrion NV (XAMS:KENDR) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.83, compared to a current price of €18.86 — trading 74.1% above its estimated fair value. The current Return-on-Tangible-Asset is 10.73%, which is 159% above median its 10-year median of 4.15 and 227.1% above the Industrial Products industry median of 3.28. Kendrion NV's overall GF Score™ is 58/100 with 1 warning sign 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 Kendrion NV (XAMS:KENDR), the current Return-on-Tangible-Asset is 10.73% 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 Kendrion NV (XAMS:KENDR) Overvalued in 2026?
Based on GuruFocus' analysis, Kendrion NV stock appears to be overvalued.
The current stock price of €18.86 is trading 74.1% above its estimated GF Value™ of €10.83.
GuruFocus considers Kendrion NV to be Significantly Overvalued.
Key valuation signals for XAMS:KENDR:
Return-on-Tangible-Asset: 10.73% (159% above median its 10-year median of 4.15)
GF Value™: €10.83 vs. price of €18.86 (74.1% above fair value)
Industry Position: 227.1% above the Industrial Products median (#438 of 3078)
No single metric tells the full story. See the XAMS:KENDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kendrion NV is engaged in developing and manufacturing electromagnetic brakes, actuators, and control units for a wide range of industrial applications, including wind turbines, robots, automated guided vehicles, energy distribution, medical equipment, and inductive heating. It operates through three Business Groups: Industrial Brakes and Industrial Actuators and Controls, and Mobility. It has a geographic presence in Asia, The Americas, Germany, Other European countries, and Other countries. The majority of the revenue comes from Germany. The majority of revenue is from Industrial Actuators.
58GF Score
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