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. Reinet Investments SCA's annualizedNet Income for the quarter that ended in Mar. 2026 was €-114.00 Mil. Reinet Investments SCA's average total tangible assets for the quarter that ended in Mar. 2026 was €6,603.00 Mil. Therefore, Reinet Investments SCA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.73%.
The historical rank and industry rank for Reinet Investments SCA's Return-on-Tangible-Asset or its related term are showing as below:
XAMS:REINA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.14 Med: 3.33 Max: 20.75
Current: -3.65
During the past 13 years, Reinet Investments SCA's highest Return-on-Tangible-Asset was 20.75%. The lowest was -15.14%. And the median was 3.33%.
XAMS:REINA's Return-on-Tangible-Asset is ranked worse than 81.53% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs XAMS:REINA: -3.65
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.
Reinet Investments SCA Return-on-Tangible-Asset Related Terms
Reinet Investments SCA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Reinet Investments SCA'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:REINA vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Reinet Investments SCA'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.
Reinet Investments SCA Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Reinet Investments SCA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Reinet Investments SCA'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -1.73% mean?
Reinet Investments SCA (XAMS:REINA) has a Return-on-Tangible-Asset of -1.73% 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 Reinet Investments SCA and its competitors. According to the industry distribution chart, Reinet Investments SCA ranks #1333 out of 1635 companies in the Asset Management industry, placing it in the top 81.5%.
Is Reinet Investments SCA's Return-on-Tangible-Asset too high?
Reinet Investments SCA's current Return-on-Tangible-Asset is -1.73%. Based on the distribution chart, Reinet Investments SCA ranks #1333 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Reinet Investments SCA has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reinet Investments SCA's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Reinet Investments SCA ranks #1333 out of 1635 companies for Return-on-Tangible-Asset. This places Reinet Investments SCA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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 Reinet Investments SCA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reinet Investments SCA's current Return-on-Tangible-Asset is -1.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reinet Investments SCA stock overvalued right now?
Based on GuruFocus' analysis, Reinet Investments SCA (XAMS:REINA) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.90, compared to a current price of €23.20 — trading 494.9% above its estimated fair value. The current Return-on-Tangible-Asset is -1.73%. Reinet Investments SCA's overall GF Score™ is 40/100 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 Reinet Investments SCA (XAMS:REINA), the current Return-on-Tangible-Asset is -1.73% 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 Reinet Investments SCA (XAMS:REINA) Overvalued in 2026?
Based on GuruFocus' analysis, Reinet Investments SCA stock appears to be overvalued.
The current stock price of €23.20 is trading 494.9% above its estimated GF Value™ of €3.90.
GuruFocus considers Reinet Investments SCA to be Significantly Overvalued.
Key valuation signals for XAMS:REINA:
Return-on-Tangible-Asset: -1.73%
GF Value™: €3.90 vs. price of €23.20 (494.9% above fair value)
No single metric tells the full story. See the XAMS:REINA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.
40GF Score
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