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Automatic SystemsXMAU:ASL 41 Return-on-Tangible-Asset is -30.77% as of Mar. 2026. GuruFocus rates XMAU:ASL with a GF Score™ of 41/100 and a GF Value™ of MUR49.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 857 Travel & Leisure companies, Automatic Systems ranks worse than 93.93% 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. Automatic Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was MUR-40.0 Mil. Automatic Systems's average total tangible assets for the quarter that ended in Mar. 2026 was MUR130.0 Mil. Therefore, Automatic Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -30.77%.
The historical rank and industry rank for Automatic Systems's Return-on-Tangible-Asset or its related term are showing as below:
XMAU:ASL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -42.39 Med: 24.05 Max: 40.62
Current: -24.16
During the past 13 years, Automatic Systems's highest Return-on-Tangible-Asset was 40.62%. The lowest was -42.39%. And the median was 24.05%.
XMAU:ASL's Return-on-Tangible-Asset is ranked worse than 93.93% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.75
vs XMAU:ASL: -24.16
Automatic Systems (XMAU:ASL) 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.
Automatic Systems Return-on-Tangible-Asset Related Terms
Automatic Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Automatic Systems'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.
XMAU:ASL vs FLUT, DKNG, SGHC: Return-on-Tangible-Asset Comparison
For the Gambling subindustry, Automatic Systems'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.
Automatic Systems Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Automatic Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Automatic Systems'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -30.77% mean?
Automatic Systems (XMAU:ASL) has a Return-on-Tangible-Asset of -30.77% 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 Automatic Systems and its competitors. According to the industry distribution chart, Automatic Systems ranks #805 out of 857 companies in the Travel & Leisure industry, placing it in the top 93.9%.
Is Automatic Systems' Return-on-Tangible-Asset too high?
Automatic Systems' current Return-on-Tangible-Asset is -30.77%. Based on the distribution chart, Automatic Systems ranks #805 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Automatic Systems has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Automatic Systems' Return-on-Tangible-Asset compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Automatic Systems ranks #805 out of 857 companies for Return-on-Tangible-Asset. This places Automatic Systems in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.75. 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 2.75, based on 857 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 Automatic Systems and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automatic Systems's current Return-on-Tangible-Asset is -30.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatic Systems stock overvalued right now?
Based on GuruFocus' analysis, Automatic Systems (XMAU:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is MUR49.98, compared to a current price of MUR57.00 — trading 14% above its estimated fair value. The current Return-on-Tangible-Asset is -30.77%. Automatic Systems' overall GF Score™ is 41/100 with 6 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 Automatic Systems (XMAU:ASL), the current Return-on-Tangible-Asset is -30.77% 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 Automatic Systems (XMAU:ASL) Overvalued in 2026?
Based on GuruFocus' analysis, Automatic Systems stock appears to be overvalued.
The current stock price of MUR57.00 is trading 14% above its estimated GF Value™ of MUR49.98.
GuruFocus considers Automatic Systems to be Modestly Overvalued.
Key valuation signals for XMAU:ASL:
Return-on-Tangible-Asset: -30.77%
GF Value™: MUR49.98 vs. price of MUR57.00 (14% above fair value)
No single metric tells the full story. See the XMAU:ASL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Automatic Systems Ltd is a Mauritius-based firm. The company is engaged in the operations of a totalizator system of betting on races organized by the Mauritius Turf Club. The company also organizes fixed-odds betting on foreign football matches. It conducts its activities under the Supertote name for betting on horse racing and under the Superscore name for football betting. Its reportable segments include Totalisator, which generates maximum revenue, Fixed Odds, and all other segments.
41GF Score
Get the complete analysis for XMAU:ASL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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