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Jedinstvo Sevojno a.dXBEL:JESV 88 Return-on-Tangible-Asset is 3.53% as of Dec. 2025, which is 101% above its 10-year median of 1.76. GuruFocus rates XBEL:JESV with a GF Score™ of 88/100 and a GF Value™ of RSD9,029.27 (Fairly Valued). The stock has 6 warning signs investors should review. Among 559 Conglomerates companies, Jedinstvo Sevojno a.d ranks worse than 50.09% 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. Jedinstvo Sevojno a.d's annualizedNet Income for the quarter that ended in Dec. 2025 was RSD333 Mil. Jedinstvo Sevojno a.d's average total tangible assets for the quarter that ended in Dec. 2025 was RSD9,436 Mil. Therefore, Jedinstvo Sevojno a.d's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.53%.
The historical rank and industry rank for Jedinstvo Sevojno a.d's Return-on-Tangible-Asset or its related term are showing as below:
XBEL:JESV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.53 Med: 1.76 Max: 3.73
Current: 2.8
During the past 13 years, Jedinstvo Sevojno a.d's highest Return-on-Tangible-Asset was 3.73%. The lowest was 0.53%. And the median was 1.76%.
XBEL:JESV's Return-on-Tangible-Asset is ranked worse than 50.09% of 559
companies
in the Conglomerates industry
Industry Median: 2.8
vs XBEL:JESV: 2.80
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.
Jedinstvo Sevojno a.d Return-on-Tangible-Asset Related Terms
Jedinstvo Sevojno a.d Return-on-Tangible-Asset Historical Data
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The historical data trend for Jedinstvo Sevojno a.d'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.
XBEL:JESV vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Jedinstvo Sevojno a.d'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.
Jedinstvo Sevojno a.d Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jedinstvo Sevojno a.d's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jedinstvo Sevojno a.d'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 3.53% mean?
Jedinstvo Sevojno a.d (XBEL:JESV) has a Return-on-Tangible-Asset of 3.53% 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 Jedinstvo Sevojno a.d and its competitors. This is 101% above median its historical median of 1.76. Over the past decade, Jedinstvo Sevojno a.d's Return-on-Tangible-Asset has ranged from 0.53 to 3.73. According to the industry distribution chart, Jedinstvo Sevojno a.d ranks #280 out of 559 companies in the Conglomerates industry, placing it in the top 50.1%.
Is Jedinstvo Sevojno a.d's Return-on-Tangible-Asset too high?
Jedinstvo Sevojno a.d's current Return-on-Tangible-Asset of 3.53% is 101% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.73. The Conglomerates industry median Return-on-Tangible-Asset is 2.80. Jedinstvo Sevojno a.d's value of 3.53% is 26.1% above this industry median. Based on the distribution chart, Jedinstvo Sevojno a.d ranks #280 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Jedinstvo Sevojno a.d has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jedinstvo Sevojno a.d's Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Jedinstvo Sevojno a.d ranks #280 out of 559 companies for Return-on-Tangible-Asset. This places Jedinstvo Sevojno a.d in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.80. Jedinstvo Sevojno a.d's value of 3.53% is 26.1% above this benchmark. Historically, Jedinstvo Sevojno a.d's own Return-on-Tangible-Asset has ranged from 0.53 to 3.73 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.80, Jedinstvo Sevojno a.d 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 a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.80, based on 559 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. Jedinstvo Sevojno a.d's current Return-on-Tangible-Asset of 3.53% is 26.1% 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 Jedinstvo Sevojno a.d and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jedinstvo Sevojno a.d's current Return-on-Tangible-Asset is 3.53%, which is 101% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jedinstvo Sevojno a.d stock overvalued right now?
Based on GuruFocus' analysis, Jedinstvo Sevojno a.d (XBEL:JESV) is currently considered Fairly Valued. The stock's GF Value™ is RSD9,029.27, compared to a current price of RSD9,000.00 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Asset is 3.53%, which is 101% above median its 10-year median of 1.76 and 26.1% above the Conglomerates industry median of 2.80. Jedinstvo Sevojno a.d's overall GF Score™ is 88/100 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 Jedinstvo Sevojno a.d (XBEL:JESV), the current Return-on-Tangible-Asset is 3.53% 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 Jedinstvo Sevojno a.d (XBEL:JESV) Overvalued in 2026?
Based on GuruFocus' analysis, Jedinstvo Sevojno a.d stock appears to be undervalued.
The current stock price of RSD9,000.00 is trading 0.3% below its estimated GF Value™ of RSD9,029.27.
GuruFocus considers Jedinstvo Sevojno a.d to be Fairly Valued.
Key valuation signals for XBEL:JESV:
Return-on-Tangible-Asset: 3.53% (101% above median its 10-year median of 1.76)
GF Value™: RSD9,029.27 vs. price of RSD9,000.00 (0.3% below fair value)
Industry Position: 26.1% above the Conglomerates median (#280 of 559)
No single metric tells the full story. See the XBEL:JESV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jedinstvo Sevojno a.d is engaged in the design and execution of hydro, thermal, and gas installations. The company is active in all areas of hydropower and water management, district heating, gasification, municipal and industrial hydropower, water supply to industry and settlements, water protection from pollution, production of process equipment for district heating, air conditioning, ventilation, purification of drinking water and industrial wastewater, as well as equipment for the road industry.
88GF Score
Get the complete analysis for XBEL:JESV
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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