Bytetravel (XMAD:SCBYT) Return-on-Tangible-Asset: -0.82% (As of Dec. 2025)

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.

XMAD:SCBYT Bytetravel SA XMAD:SCBYT
21 GF Score
Price €4.42
! 1 Warning Sign
View Full Analysis

What is Bytetravel Return-on-Tangible-Asset?

Bytetravel XMAD:SCBYT -4.33% 21 Return-on-Tangible-Asset is -0.82% as of Dec. 2025. GuruFocus rates XMAD:SCBYT with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 856 Travel & Leisure companies, Bytetravel ranks better than 57.94% 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. Bytetravel's annualized Net Income for the quarter that ended in Dec. 2025 was €-0.05 Mil. Bytetravel's average total tangible assets for the quarter that ended in Dec. 2025 was €6.37 Mil. Therefore, Bytetravel's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.82%.

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

XMAD:SCBYT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.67   Med: 31.87   Max: 89.7
Current: 3.84

During the past 5 years, Bytetravel's highest Return-on-Tangible-Asset was 89.70%. The lowest was 3.67%. And the median was 31.87%.

XMAD:SCBYT's Return-on-Tangible-Asset is ranked better than
57.94% of 856 companies
in the Travel & Leisure industry
Industry Median: 2.865 vs XMAD:SCBYT: 3.84

Bytetravel  (XMAD:SCBYT) 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.


Bytetravel Return-on-Tangible-Asset Related Terms


Bytetravel Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bytetravel'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.

Bytetravel Return-on-Tangible-Asset Chart

Bytetravel Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
26.87 31.87 89.70 48.99 3.67

Bytetravel Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 56.14 44.90 8.82 -0.82

XMAD:SCBYT vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Bytetravel'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.


Bytetravel Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bytetravel's Return-on-Tangible-Asset distribution charts can be found below:

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


XMAD:SCBYT
21GF Score
Bytetravel SA XMAD:SCBYT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bytetravel Return-on-Tangible-Asset Calculation

Bytetravel'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 )
=0.246/( (6.504+6.908)/ 2 )
=0.246/6.706
=3.67 %

Bytetravel's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-0.052/( (5.827+6.908)/ 2 )
=-0.052/6.3675
=-0.82 %

* 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 -0.82% mean?
Bytetravel (XMAD:SCBYT) has a Return-on-Tangible-Asset of -0.82% 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 Bytetravel and its competitors. Over the past decade, Bytetravel's Return-on-Tangible-Asset has ranged from 3.67 to 89.70. According to the industry distribution chart, Bytetravel ranks #360 out of 856 companies in the Travel & Leisure industry, placing it in the top 42.1%.
Is Bytetravel's Return-on-Tangible-Asset too high?
Bytetravel's current Return-on-Tangible-Asset is -0.82%. Over the past 10 years, this metric has ranged from a low of 3.67 to a high of 89.70. Based on the distribution chart, Bytetravel ranks #360 out of 856 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Bytetravel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bytetravel's Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Bytetravel ranks #360 out of 856 companies for Return-on-Tangible-Asset. This puts Bytetravel in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.87. Historically, Bytetravel's own Return-on-Tangible-Asset has ranged from 3.67 to 89.70 over the past decade. 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 2.87, based on 856 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. 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 Bytetravel and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytetravel's current Return-on-Tangible-Asset is -0.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytetravel stock overvalued right now?
Bytetravel (XMAD:SCBYT) has a current Return-on-Tangible-Asset of -0.82%. The current Return-on-Tangible-Asset is -0.82%. Bytetravel's overall GF Score™ is 21/100 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 Bytetravel (XMAD:SCBYT), the current Return-on-Tangible-Asset is -0.82% 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.

Bytetravel Business Description

Address Av. de la Via Augusta, 15-25, Building A2, Sant Cugat del Valles, Barcelona, ESP, 08174
Bytetravel SA is a Spanish company, specializing in the travel tech sector and dedicated to developing ancillary services for tourists and business travelers world-wide. The company aims to provide complementary services, or ancillaries, delivering them efficiently and reliably through the extensive use of technology, automation, biometrics, and artificial intelligence. Its objective is to provide services that help clients save time on administrative tasks and contribute to reducing overall operational costs.
21GF Score

Get the complete analysis for XMAD:SCBYT

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

€4.42
Price