Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) Return-on-Tangible-Asset: 8.71% (As of Dec. 2025) — 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.

XPAR:ALTPC Ste Marseillaise du Tunnel Prado Carenage SA XPAR:ALTPC
83 GF Score
Price €27.00
GF Value €30.20
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset?

Ste Marseillaise du Tunnel Prado Carenage XPAR:ALTPC 83 Return-on-Tangible-Asset is 8.71% as of Dec. 2025, which is 1% below its 10-year median of 8.81. GuruFocus rates XPAR:ALTPC with a GF Score™ of 83/100 and a GF Value™ of €30.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,783 Construction companies, Ste Marseillaise du Tunnel Prado Carenage ranks better than 81.27% 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. Ste Marseillaise du Tunnel Prado Carenage's annualized Net Income for the quarter that ended in Dec. 2025 was €10.33 Mil. Ste Marseillaise du Tunnel Prado Carenage's average total tangible assets for the quarter that ended in Dec. 2025 was €118.64 Mil. Therefore, Ste Marseillaise du Tunnel Prado Carenage's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 8.71%.

The historical rank and industry rank for Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset or its related term are showing as below:

XPAR:ALTPC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.55   Med: 8.81   Max: 17.49
Current: 8.64

During the past 13 years, Ste Marseillaise du Tunnel Prado Carenage's highest Return-on-Tangible-Asset was 17.49%. The lowest was 5.55%. And the median was 8.81%.

XPAR:ALTPC's Return-on-Tangible-Asset is ranked better than
81.27% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs XPAR:ALTPC: 8.64

Ste Marseillaise du Tunnel Prado Carenage  (XPAR:ALTPC) 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.


Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset Related Terms


Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ste Marseillaise du Tunnel Prado Carenage'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.

Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset Chart

Ste Marseillaise du Tunnel Prado Carenage 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 7.87 9.13 8.48 7.10 8.49

Ste Marseillaise du Tunnel Prado Carenage Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.64 6.71 7.18 8.73 8.71

Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset Competitor Comparison

For the Infrastructure Operations subindustry, Ste Marseillaise du Tunnel Prado Carenage'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.


Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset falls into.


XPAR:ALTPC
83GF Score
Ste Marseillaise du Tunnel Prado Carenage SA XPAR:ALTPC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ste Marseillaise du Tunnel Prado Carenage Return-on-Tangible-Asset Calculation

Ste Marseillaise du Tunnel Prado Carenage'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 )
=10.519/( (127.907+119.838)/ 2 )
=10.519/123.8725
=8.49 %

Ste Marseillaise du Tunnel Prado Carenage'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 )
=10.328/( (117.446+119.838)/ 2 )
=10.328/118.642
=8.71 %

* 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 8.71% mean?
Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) has a Return-on-Tangible-Asset of 8.71% 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 Ste Marseillaise du Tunnel Prado Carenage and its competitors. This is near median its historical median of 8.81. Over the past decade, Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset has ranged from 5.55 to 17.49. According to the industry distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #334 out of 1783 companies in the Construction industry, placing it in the top 18.7%.
Is Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset too high?
Ste Marseillaise du Tunnel Prado Carenage's current Return-on-Tangible-Asset of 8.71% is near median its 10-year median of 8.81. Over the past 10 years, this metric has ranged from a low of 5.55 to a high of 17.49. The Construction industry median Return-on-Tangible-Asset is 3.05. Ste Marseillaise du Tunnel Prado Carenage's value of 8.71% is 185.6% above this industry median. Based on the distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #334 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ste Marseillaise du Tunnel Prado Carenage has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ste Marseillaise du Tunnel Prado Carenage's Return-on-Tangible-Asset compare to competitors?
According to the Construction industry distribution chart, Ste Marseillaise du Tunnel Prado Carenage ranks #334 out of 1783 companies for Return-on-Tangible-Asset. This places Ste Marseillaise du Tunnel Prado Carenage in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Ste Marseillaise du Tunnel Prado Carenage's value of 8.71% is 185.6% above this benchmark. Historically, Ste Marseillaise du Tunnel Prado Carenage's own Return-on-Tangible-Asset has ranged from 5.55 to 17.49 over the past decade. While the company's 10-year median is 8.81 vs. the industry median of 3.05, Ste Marseillaise du Tunnel Prado Carenage 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Ste Marseillaise du Tunnel Prado Carenage's current Return-on-Tangible-Asset of 8.71% is 185.6% 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 Ste Marseillaise du Tunnel Prado Carenage and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ste Marseillaise du Tunnel Prado Carenage's current Return-on-Tangible-Asset is 8.71%, which is near median its own 10-year median of 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ste Marseillaise du Tunnel Prado Carenage stock overvalued right now?
Based on GuruFocus' analysis, Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.20, compared to a current price of €27.00 — trading 10.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.71%, which is near median its 10-year median of 8.81 and 185.6% above the Construction industry median of 3.05. Ste Marseillaise du Tunnel Prado Carenage's overall GF Score™ is 83/100 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 Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC), the current Return-on-Tangible-Asset is 8.71% 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.

Is Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) Overvalued in 2026?

Based on GuruFocus' analysis, Ste Marseillaise du Tunnel Prado Carenage stock appears to be undervalued. The current stock price of €27.00 is trading 10.6% below its estimated GF Value™ of €30.20. GuruFocus considers Ste Marseillaise du Tunnel Prado Carenage to be Modestly Undervalued.

Key valuation signals for XPAR:ALTPC:

  • Return-on-Tangible-Asset: 8.71% (near median its 10-year median of 8.81)
  • GF Value™: €30.20 vs. price of €27.00 (10.6% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 185.6% above the Construction median (#334 of 1783)

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


Ste Marseillaise du Tunnel Prado Carenage Business Description

Other Exchanges 0G2C:UK9P4:Germany
Address 3 Avenue Arthur Scott, CS 70157, Marseille, FRA, 13010
Ste Marseillaise du Tunnel Prado Carenage SA is engaged in operating Prado Carenage Tunnel and the Louis-Rege Tunnel in France.
83GF Score

Get the complete analysis for XPAR:ALTPC

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

€27.00
Price
€30.20
GF Value