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ImPulse Growth ADXBUL:IMP 30 Return-on-Tangible-Asset is 10.08% as of Dec. 2025, which is 23% below its 10-year median of 13.07. GuruFocus rates XBUL:IMP with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 814 Capital Markets companies, ImPulse Growth AD ranks better than 87.35% 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. ImPulse Growth AD's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.63 Mil. ImPulse Growth AD's average total tangible assets for the quarter that ended in Dec. 2025 was €6.27 Mil. Therefore, ImPulse Growth AD's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.08%.
The historical rank and industry rank for ImPulse Growth AD's Return-on-Tangible-Asset or its related term are showing as below:
XBUL:IMP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.09 Med: 13.07 Max: 20.05
Current: 13.08
During the past 5 years, ImPulse Growth AD's highest Return-on-Tangible-Asset was 20.05%. The lowest was -6.09%. And the median was 13.07%.
XBUL:IMP's Return-on-Tangible-Asset is ranked better than 87.35% of 814
companies
in the Capital Markets industry
Industry Median: 1.57
vs XBUL:IMP: 13.08
ImPulse Growth AD (XBUL:IMP) 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 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.
ImPulse Growth AD Return-on-Tangible-Asset Related Terms
ImPulse Growth AD Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ImPulse Growth 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.
XBUL:IMP vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, ImPulse Growth 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.
ImPulse Growth AD Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ImPulse Growth AD's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ImPulse Growth AD'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 10.08% mean?
ImPulse Growth AD (XBUL:IMP) has a Return-on-Tangible-Asset of 10.08% 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 ImPulse Growth AD and its competitors. This is 23% below median its historical median of 13.07. According to the industry distribution chart, ImPulse Growth AD ranks #103 out of 814 companies in the Capital Markets industry, placing it in the top 12.7%.
Is ImPulse Growth AD's Return-on-Tangible-Asset too high?
ImPulse Growth AD's current Return-on-Tangible-Asset of 10.08% is 23% below median its 10-year median of 13.07. The Capital Markets industry median Return-on-Tangible-Asset is 1.57. ImPulse Growth AD's value of 10.08% is 542% above this industry median. Based on the distribution chart, ImPulse Growth AD ranks #103 out of 814 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, ImPulse Growth AD has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ImPulse Growth AD's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, ImPulse Growth AD ranks #103 out of 814 companies for Return-on-Tangible-Asset. This places ImPulse Growth AD in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.57. ImPulse Growth AD's value of 10.08% is 542% above this benchmark. While the company's 10-year median is 13.07 vs. the industry median of 1.57, ImPulse Growth 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 a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.57, based on 814 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. ImPulse Growth AD's current Return-on-Tangible-Asset of 10.08% is 542% 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 ImPulse Growth AD and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImPulse Growth AD's current Return-on-Tangible-Asset is 10.08%, which is 23% below median its own 10-year median of 13.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImPulse Growth AD stock overvalued right now?
ImPulse Growth AD (XBUL:IMP) has a current Return-on-Tangible-Asset of 10.08%. The current Return-on-Tangible-Asset is 10.08%, which is 23% below median its 10-year median of 13.07 and 542% above the Capital Markets industry median of 1.57. ImPulse Growth AD's overall GF Score™ is 30/100 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 ImPulse Growth AD (XBUL:IMP), the current Return-on-Tangible-Asset is 10.08% 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.
ImPulse Growth AD is a Bulgarian-based company. Its activity consists of business and investment activities, including those related to the acquisition, management and disposal of shares in growing companies, including indirect participation in the capital of such companies through the acquisition of shares in companies, and managing equity portfolios.
30GF Score
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