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.
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.
HBX Group InternationalXMAD:HBX +0.41%13 Return-on-Tangible-Asset is 3.71% as of Mar. 2026. GuruFocus rates XMAD:HBX with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 855 Travel & Leisure companies, HBX Group International ranks better than 90.29% 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. HBX Group International's annualizedNet Income for the quarter that ended in Mar. 2026 was €56.0 Mil. HBX Group International's average total tangible assets for the quarter that ended in Mar. 2026 was €1,508.0 Mil. Therefore, HBX Group International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.71%.
The historical rank and industry rank for HBX Group International's Return-on-Tangible-Asset or its related term are showing as below:
XMAD:HBX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.31 Med: -5.41 Max: 13.75
Current: 13.75
During the past 4 years, HBX Group International's highest Return-on-Tangible-Asset was 13.75%. The lowest was -17.31%. And the median was -5.41%.
XMAD:HBX's Return-on-Tangible-Asset is ranked better than 90.29% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.73
vs XMAD:HBX: 13.75
HBX Group International (XMAD:HBX) 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.
HBX Group International Return-on-Tangible-Asset Related Terms
HBX Group International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HBX Group International'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.
HBX Group International Return-on-Tangible-Asset Chart
XMAD:HBX vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison
For the Travel Services subindustry, HBX Group International'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.
HBX Group International Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, HBX Group International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HBX Group International'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.71% mean?
HBX Group International (XMAD:HBX) has a Return-on-Tangible-Asset of 3.71% 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 HBX Group International and its competitors. According to the industry distribution chart, HBX Group International ranks #83 out of 855 companies in the Travel & Leisure industry, placing it in the top 9.7%.
Is HBX Group International's Return-on-Tangible-Asset too high?
HBX Group International's current Return-on-Tangible-Asset is 3.71%. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. HBX Group International's value of 3.71% is 35.9% above this industry median. Based on the distribution chart, HBX Group International ranks #83 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, HBX Group International has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does HBX Group International's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, HBX Group International ranks #83 out of 855 companies for Return-on-Tangible-Asset. This places HBX Group International in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. HBX Group International's value of 3.71% is 35.9% above this benchmark. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 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. HBX Group International's current Return-on-Tangible-Asset of 3.71% is 35.9% 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 HBX Group International and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBX Group International's current Return-on-Tangible-Asset is 3.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBX Group International stock overvalued right now?
HBX Group International (XMAD:HBX) has a current Return-on-Tangible-Asset of 3.71%. The current Return-on-Tangible-Asset is 3.71% and 35.9% above the Travel & Leisure industry median of 2.73. HBX Group International's overall GF Score™ is 13/100 with 2 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 HBX Group International (XMAD:HBX), the current Return-on-Tangible-Asset is 3.71% 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.
HBX Group International PLC is a travel-technology marketplace. The company is engaged in the intermediation of hotel accommodations and complementary travel products between travel suppliers and travel distributors. With the help of its subsidiaries, the Group also assists hotels in optimising their direct online channel, creating booking engines, and supporting digital marketing. The company's maximum revenue is derived from hotel bookings. The company connect between supply and demand, empowering businesses and their travellers, with choice and confidence.
13GF Score
Get the complete analysis for XMAD:HBX
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:HBX has been successfully added to your 
