Arteche Lantegi ElekarteaXMAD:ART -0.89%79 Return-on-Tangible-Asset is 11.88% as of Jun. 2025, which is 239% above its 10-year median of 3.50. GuruFocus rates XMAD:ART with a GF Score™ of 79/100 and a GF Value™ of €6.69 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Arteche Lantegi Elekartea ranks better than 85.97% 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. Arteche Lantegi Elekartea's annualizedNet Income for the quarter that ended in Jun. 2025 was €39.8 Mil. Arteche Lantegi Elekartea's average total tangible assets for the quarter that ended in Jun. 2025 was €335.1 Mil. Therefore, Arteche Lantegi Elekartea's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 11.88%.
The historical rank and industry rank for Arteche Lantegi Elekartea's Return-on-Tangible-Asset or its related term are showing as below:
XMAD:ART'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44 Med: 3.5 Max: 9.81
Current: 9.81
During the past 6 years, Arteche Lantegi Elekartea's highest Return-on-Tangible-Asset was 9.81%. The lowest was 0.44%. And the median was 3.50%.
XMAD:ART's Return-on-Tangible-Asset is ranked better than 85.97% of 2501
companies
in the Hardware industry
Industry Median: 2.4
vs XMAD:ART: 9.81
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.
Arteche Lantegi Elekartea Return-on-Tangible-Asset Related Terms
Arteche Lantegi Elekartea Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Arteche Lantegi Elekartea'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.
XMAD:ART vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.
Arteche Lantegi Elekartea Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Arteche Lantegi Elekartea'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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.88% mean?
Arteche Lantegi Elekartea (XMAD:ART) has a Return-on-Tangible-Asset of 11.88% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Arteche Lantegi Elekartea and its competitors. This is 239% above median its historical median of 3.50. Over the past decade, Arteche Lantegi Elekartea's Return-on-Tangible-Asset has ranged from 0.44 to 9.81. According to the industry distribution chart, Arteche Lantegi Elekartea ranks #351 out of 2501 companies in the Hardware industry, placing it in the top 14%.
Is Arteche Lantegi Elekartea's Return-on-Tangible-Asset too high?
Arteche Lantegi Elekartea's current Return-on-Tangible-Asset of 11.88% is 239% above median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 9.81. The Hardware industry median Return-on-Tangible-Asset is 2.40. Arteche Lantegi Elekartea's value of 11.88% is 395% above this industry median. Based on the distribution chart, Arteche Lantegi Elekartea ranks #351 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Arteche Lantegi Elekartea has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arteche Lantegi Elekartea's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Arteche Lantegi Elekartea ranks #351 out of 2501 companies for Return-on-Tangible-Asset. This places Arteche Lantegi Elekartea in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.40. Arteche Lantegi Elekartea's value of 11.88% is 395% above this benchmark. Historically, Arteche Lantegi Elekartea's own Return-on-Tangible-Asset has ranged from 0.44 to 9.81 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 2.40, Arteche Lantegi Elekartea 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.40, based on 2,501 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. Arteche Lantegi Elekartea's current Return-on-Tangible-Asset of 11.88% is 395% 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 Arteche Lantegi Elekartea and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arteche Lantegi Elekartea's current Return-on-Tangible-Asset is 11.88%, which is 239% above median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arteche Lantegi Elekartea stock overvalued right now?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea (XMAD:ART) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.69, compared to a current price of €33.40 — trading 399.3% above its estimated fair value. The current Return-on-Tangible-Asset is 11.88%, which is 239% above median its 10-year median of 3.50 and 395% above the Hardware industry median of 2.40. Arteche Lantegi Elekartea's overall GF Score™ is 79/100 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 Arteche Lantegi Elekartea (XMAD:ART), the current Return-on-Tangible-Asset is 11.88% as of Jun. 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 Arteche Lantegi Elekartea (XMAD:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Arteche Lantegi Elekartea stock appears to be overvalued.
The current stock price of €33.40 is trading 399.3% above its estimated GF Value™ of €6.69.
GuruFocus considers Arteche Lantegi Elekartea to be Significantly Overvalued.
Key valuation signals for XMAD:ART:
Return-on-Tangible-Asset: 11.88% (239% above median its 10-year median of 3.50)
GF Value™: €6.69 vs. price of €33.40 (399.3% above fair value)
Industry Position: 395% above the Hardware median (#351 of 2501)
No single metric tells the full story. See the XMAD:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arteche Lantegi Elekartea SA is a company specializing in electrical equipment and solutions for power generation, transmission, and distribution. It designs and manufactures products such as instrument transformers, relays, and protection systems. The group operates in over 175 countries world-wide. It focuses on innovation, reliability, and supporting the transition to more efficient and sustainable energy systems.
79GF Score
Get the complete analysis for XMAD:ART
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:ART has been successfully added to your 
