Emka Ad (XBUL:EMKA) Return-on-Tangible-Asset: 43.39% (As of Jun. 2026) — 325% Above Median

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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.
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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.

XBUL:EMKA Emka Ad XBUL:EMKA
73 GF Score
Price €1.36
GF Value €2.65
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Emka Ad Return-on-Tangible-Asset?

Emka Ad XBUL:EMKA 73 Return-on-Tangible-Asset is 43.39% as of Jun. 2026, which is 325% above its 10-year median of 10.21. GuruFocus rates XBUL:EMKA with a GF Score™ of 73/100 and a GF Value™ of €2.65 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,074 Industrial Products companies, Emka Ad ranks better than 96.32% 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. Emka Ad's annualized Net Income for the quarter that ended in Jun. 2026 was €14.30 Mil. Emka Ad's average total tangible assets for the quarter that ended in Jun. 2026 was €32.95 Mil. Therefore, Emka Ad's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 43.39%.

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

XBUL:EMKA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.81   Med: 10.21   Max: 18.61
Current: 18.24

During the past 13 years, Emka Ad's highest Return-on-Tangible-Asset was 18.61%. The lowest was 4.81%. And the median was 10.21%.

XBUL:EMKA's Return-on-Tangible-Asset is ranked better than
96.32% of 3074 companies
in the Industrial Products industry
Industry Median: 3.25 vs XBUL:EMKA: 18.24

Emka Ad  (XBUL:EMKA) 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.


Emka Ad Return-on-Tangible-Asset Related Terms


Emka Ad Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Emka Ad'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.

Emka Ad Return-on-Tangible-Asset Chart

Emka Ad Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.58 18.61 13.38 12.70 12.15

Emka Ad Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 20.82 12.78 5.88 16.54 43.39

XBUL:EMKA vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, Emka Ad'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.


Emka Ad Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emka Ad's Return-on-Tangible-Asset distribution charts can be found below:

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


XBUL:EMKA
73GF Score
Emka Ad XBUL:EMKA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emka Ad Return-on-Tangible-Asset Calculation

Emka Ad's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4.479/( (35.437+38.27)/ 2 )
=4.479/36.8535
=12.15 %

Emka Ad's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=14.296/( (21.789+44.103)/ 2 )
=14.296/32.946
=43.39 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 43.39% mean?
Emka Ad (XBUL:EMKA) has a Return-on-Tangible-Asset of 43.39% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Emka Ad and its competitors. This is 325% above median its historical median of 10.21. Over the past decade, Emka Ad's Return-on-Tangible-Asset has ranged from 4.81 to 18.61. According to the industry distribution chart, Emka Ad ranks #113 out of 3074 companies in the Industrial Products industry, placing it in the top 3.7%.
Is Emka Ad's Return-on-Tangible-Asset too high?
Emka Ad's current Return-on-Tangible-Asset of 43.39% is 325% above median its 10-year median of 10.21. Over the past 10 years, this metric has ranged from a low of 4.81 to a high of 18.61. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Emka Ad's value of 43.39% is 1235.1% above this industry median. Based on the distribution chart, Emka Ad ranks #113 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Emka Ad has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emka Ad's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Emka Ad ranks #113 out of 3074 companies for Return-on-Tangible-Asset. This places Emka Ad in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.25. Emka Ad's value of 43.39% is 1235.1% above this benchmark. Historically, Emka Ad's own Return-on-Tangible-Asset has ranged from 4.81 to 18.61 over the past decade. While the company's 10-year median is 10.21 vs. the industry median of 3.25, Emka Ad 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 3.25, based on 3,074 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. Emka Ad's current Return-on-Tangible-Asset of 43.39% is 1235.1% 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 Emka Ad and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emka Ad's current Return-on-Tangible-Asset is 43.39%, which is 325% above median its own 10-year median of 10.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emka Ad stock overvalued right now?
Based on GuruFocus' analysis, Emka Ad (XBUL:EMKA) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.65, compared to a current price of €1.36 — trading 48.7% below its estimated fair value. The current Return-on-Tangible-Asset is 43.39%, which is 325% above median its 10-year median of 10.21 and 1235.1% above the Industrial Products industry median of 3.25. Emka Ad's overall GF Score™ is 73/100 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 Emka Ad (XBUL:EMKA), the current Return-on-Tangible-Asset is 43.39% as of Jun. 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 Emka Ad (XBUL:EMKA) Overvalued in 2026?

Based on GuruFocus' analysis, Emka Ad stock appears to be undervalued. The current stock price of €1.36 is trading 48.7% below its estimated GF Value™ of €2.65. GuruFocus considers Emka Ad to be Significantly Undervalued.

Key valuation signals for XBUL:EMKA:

  • Return-on-Tangible-Asset: 43.39% (325% above median its 10-year median of 10.21)
  • GF Value™: €2.65 vs. price of €1.36 (48.7% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 1235.1% above the Industrial Products median (#113 of 3074)

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


Emka Ad Business Description

Address Street Bacho Kiro No. 8, Sofia, BGR, 1000
Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.
73GF Score

Get the complete analysis for XBUL:EMKA

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

€1.36
Price
€2.65
GF Value