VAA-Vista Alegre Atlantis (XLIS:VAF) Return-on-Tangible-Asset: 1.86% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

XLIS:VAF VAA-Vista Alegre Atlantis SA XLIS:VAF
88 GF Score
Price €1.07
GF Value €1.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is VAA-Vista Alegre Atlantis Return-on-Tangible-Asset?

VAA-Vista Alegre Atlantis XLIS:VAF 88 Return-on-Tangible-Asset is 1.86% as of Mar. 2026, which is 7% below its 10-year median of 2.00. GuruFocus rates XLIS:VAF with a GF Score™ of 88/100 and a GF Value™ of €1.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, VAA-Vista Alegre Atlantis ranks worse than 54.61% 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. VAA-Vista Alegre Atlantis's annualized Net Income for the quarter that ended in Mar. 2026 was €4.8 Mil. VAA-Vista Alegre Atlantis's average total tangible assets for the quarter that ended in Mar. 2026 was €257.5 Mil. Therefore, VAA-Vista Alegre Atlantis's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.86%.

The historical rank and industry rank for VAA-Vista Alegre Atlantis's Return-on-Tangible-Asset or its related term are showing as below:

XLIS:VAF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.09   Med: 2   Max: 3.85
Current: 1.69

During the past 13 years, VAA-Vista Alegre Atlantis's highest Return-on-Tangible-Asset was 3.85%. The lowest was -1.09%. And the median was 2.00%.

XLIS:VAF's Return-on-Tangible-Asset is ranked worse than
54.61% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.335 vs XLIS:VAF: 1.69

VAA-Vista Alegre Atlantis  (XLIS:VAF) 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.


VAA-Vista Alegre Atlantis Return-on-Tangible-Asset Related Terms


VAA-Vista Alegre Atlantis Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for VAA-Vista Alegre Atlantis'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.

VAA-Vista Alegre Atlantis Return-on-Tangible-Asset Chart

VAA-Vista Alegre Atlantis 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 0.71 2.34 2.79 1.66 1.63

VAA-Vista Alegre Atlantis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.49 3.75 -1.89 3.06 1.86

XLIS:VAF vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, VAA-Vista Alegre Atlantis'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.


VAA-Vista Alegre Atlantis Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, VAA-Vista Alegre Atlantis's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where VAA-Vista Alegre Atlantis's Return-on-Tangible-Asset falls into.


XLIS:VAF
88GF Score
VAA-Vista Alegre Atlantis SA XLIS:VAF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VAA-Vista Alegre Atlantis Return-on-Tangible-Asset Calculation

VAA-Vista Alegre Atlantis'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 )
=4.11/( (252.417+252.687)/ 2 )
=4.11/252.552
=1.63 %

VAA-Vista Alegre Atlantis's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4.784/( (252.687+262.35)/ 2 )
=4.784/257.5185
=1.86 %

* 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 1.86% mean?
VAA-Vista Alegre Atlantis (XLIS:VAF) has a Return-on-Tangible-Asset of 1.86% 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 VAA-Vista Alegre Atlantis and its competitors. This is near median its historical median of 2.00. According to the industry distribution chart, VAA-Vista Alegre Atlantis ranks #237 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 54.6%.
Is VAA-Vista Alegre Atlantis' Return-on-Tangible-Asset too high?
VAA-Vista Alegre Atlantis' current Return-on-Tangible-Asset of 1.86% is near median its 10-year median of 2.00. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.34. VAA-Vista Alegre Atlantis' value of 1.86% is 20.3% below this industry median. Based on the distribution chart, VAA-Vista Alegre Atlantis ranks #237 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, VAA-Vista Alegre Atlantis has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VAA-Vista Alegre Atlantis' Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, VAA-Vista Alegre Atlantis ranks #237 out of 434 companies for Return-on-Tangible-Asset. This places VAA-Vista Alegre Atlantis in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.34. VAA-Vista Alegre Atlantis' value of 1.86% is 20.3% below this benchmark. While the company's 10-year median is 2.00 vs. the industry median of 2.34, VAA-Vista Alegre Atlantis has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.34, based on 434 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. VAA-Vista Alegre Atlantis's current Return-on-Tangible-Asset of 1.86% is 20.3% below 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 VAA-Vista Alegre Atlantis and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VAA-Vista Alegre Atlantis's current Return-on-Tangible-Asset is 1.86%, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAA-Vista Alegre Atlantis stock overvalued right now?
Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis (XLIS:VAF) is currently considered Fairly Valued. The stock's GF Value™ is €1.08, compared to a current price of €1.07 — trading 0.9% below its estimated fair value. The current Return-on-Tangible-Asset is 1.86%, which is near median its 10-year median of 2.00 and 20.3% below the Furnishings, Fixtures & Appliances industry median of 2.34. VAA-Vista Alegre Atlantis' overall GF Score™ is 88/100 with 3 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 VAA-Vista Alegre Atlantis (XLIS:VAF), the current Return-on-Tangible-Asset is 1.86% 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 VAA-Vista Alegre Atlantis (XLIS:VAF) Overvalued in 2026?

Based on GuruFocus' analysis, VAA-Vista Alegre Atlantis stock appears to be undervalued. The current stock price of €1.07 is trading 0.9% below its estimated GF Value™ of €1.08. GuruFocus considers VAA-Vista Alegre Atlantis to be Fairly Valued.

Key valuation signals for XLIS:VAF:

  • Return-on-Tangible-Asset: 1.86% (near median its 10-year median of 2.00)
  • GF Value™: €1.08 vs. price of €1.07 (0.9% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 20.3% below the Furnishings, Fixtures & Appliances median (#237 of 434)

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


VAA-Vista Alegre Atlantis Business Description

Other Exchanges 0ZW8:UK
Address Rua Nova da Trindade no 1, r/c esqdo, Lisboa, PRT, 1200 301
VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. It derives maximum revenue from Stoneware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.
88GF Score

Get the complete analysis for XLIS:VAF

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

€1.07
Price
€1.08
GF Value