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.
Figeac AeroXPAR:FGA +0.93%77 Return-on-Tangible-Asset is 5.40% as of Mar. 2026. GuruFocus rates XPAR:FGA with a GF Score™ of 77/100 and a GF Value™ of €7.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 361 Aerospace & Defense companies, Figeac Aero ranks worse than 65.1% 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. Figeac Aero's annualizedNet Income for the quarter that ended in Mar. 2026 was €35.9 Mil. Figeac Aero's average total tangible assets for the quarter that ended in Mar. 2026 was €664.2 Mil. Therefore, Figeac Aero's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.40%.
The historical rank and industry rank for Figeac Aero's Return-on-Tangible-Asset or its related term are showing as below:
XPAR:FGA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.4 Med: -1 Max: 6.17
Current: 0.08
During the past 13 years, Figeac Aero's highest Return-on-Tangible-Asset was 6.17%. The lowest was -9.40%. And the median was -1.00%.
XPAR:FGA's Return-on-Tangible-Asset is ranked worse than 65.1% of 361
companies
in the Aerospace & Defense industry
Industry Median: 3.03
vs XPAR:FGA: 0.08
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.
Figeac Aero Return-on-Tangible-Asset Related Terms
Figeac Aero Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Figeac Aero'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.
XPAR:FGA vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Figeac Aero'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.
Figeac Aero Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Figeac Aero's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Figeac Aero'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 5.40% mean?
Figeac Aero (XPAR:FGA) has a Return-on-Tangible-Asset of 5.40% 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 Figeac Aero and its competitors. According to the industry distribution chart, Figeac Aero ranks #235 out of 361 companies in the Aerospace & Defense industry, placing it in the top 65.1%.
Is Figeac Aero's Return-on-Tangible-Asset too high?
Figeac Aero's current Return-on-Tangible-Asset is 5.40%. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.03. Figeac Aero's value of 5.40% is 78.2% above this industry median. Based on the distribution chart, Figeac Aero ranks #235 out of 361 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Figeac Aero has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Figeac Aero's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Figeac Aero ranks #235 out of 361 companies for Return-on-Tangible-Asset. This places Figeac Aero in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.03. Figeac Aero's value of 5.40% is 78.2% 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 an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.03, based on 361 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. Figeac Aero's current Return-on-Tangible-Asset of 5.40% is 78.2% 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 Figeac Aero and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Figeac Aero's current Return-on-Tangible-Asset is 5.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Figeac Aero stock overvalued right now?
Based on GuruFocus' analysis, Figeac Aero (XPAR:FGA) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.21, compared to a current price of €10.84 — trading 50.3% above its estimated fair value. The current Return-on-Tangible-Asset is 5.40% and 78.2% above the Aerospace & Defense industry median of 3.03. Figeac Aero's overall GF Score™ is 77/100 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 Figeac Aero (XPAR:FGA), the current Return-on-Tangible-Asset is 5.40% 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 Figeac Aero (XPAR:FGA) Overvalued in 2026?
Based on GuruFocus' analysis, Figeac Aero stock appears to be overvalued.
The current stock price of €10.84 is trading 50.3% above its estimated GF Value™ of €7.21.
GuruFocus considers Figeac Aero to be Significantly Overvalued.
Key valuation signals for XPAR:FGA:
Return-on-Tangible-Asset: 5.40%
GF Value™: €7.21 vs. price of €10.84 (50.3% above fair value)
Industry Position: 78.2% above the Aerospace & Defense median (#235 of 361)
No single metric tells the full story. See the XPAR:FGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.
77GF Score
Get the complete analysis for XPAR:FGA
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
XPAR:FGA has been successfully added to your 
