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Plejd ABXSAT:PLEJD +1.58%95 Return-on-Tangible-Asset is 22.01% as of Jun. 2026, which is 62% above its 10-year median of 13.60. GuruFocus rates XSAT:PLEJD with a GF Score™ of 95/100 and a GF Value™ of kr705.69 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,073 Industrial Products companies, Plejd AB ranks better than 99.41% 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. Plejd AB's annualizedNet Income for the quarter that ended in Jun. 2026 was kr192 Mil. Plejd AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr873 Mil. Therefore, Plejd AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 22.01%.
The historical rank and industry rank for Plejd AB's Return-on-Tangible-Asset or its related term are showing as below:
XSAT:PLEJD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -76.52 Med: 13.6 Max: 31.61
Current: 31.61
During the past 13 years, Plejd AB's highest Return-on-Tangible-Asset was 31.61%. The lowest was -76.52%. And the median was 13.60%.
XSAT:PLEJD's Return-on-Tangible-Asset is ranked better than 99.41% of 3073
companies
in the Industrial Products industry
Industry Median: 3.24
vs XSAT:PLEJD: 31.61
Plejd AB (XSAT:PLEJD) 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.
Plejd AB Return-on-Tangible-Asset Related Terms
Plejd AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Plejd AB'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.
XSAT:PLEJD vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Plejd AB'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.
Plejd AB Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plejd AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Plejd AB'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 22.01% mean?
Plejd AB (XSAT:PLEJD) has a Return-on-Tangible-Asset of 22.01% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Plejd AB and its competitors. This is 62% above median its historical median of 13.60. According to the industry distribution chart, Plejd AB ranks #18 out of 3073 companies in the Industrial Products industry, placing it in the top 0.59999999999999%.
Is Plejd AB's Return-on-Tangible-Asset too high?
Plejd AB's current Return-on-Tangible-Asset of 22.01% is 62% above median its 10-year median of 13.60. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Plejd AB's value of 22.01% is 579.3% above this industry median. Based on the distribution chart, Plejd AB ranks #18 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Plejd AB has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plejd AB's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Plejd AB ranks #18 out of 3073 companies for Return-on-Tangible-Asset. This places Plejd AB in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Plejd AB's value of 22.01% is 579.3% above this benchmark. While the company's 10-year median is 13.60 vs. the industry median of 3.24, Plejd AB 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,073 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. Plejd AB's current Return-on-Tangible-Asset of 22.01% is 579.3% 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 Plejd AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plejd AB's current Return-on-Tangible-Asset is 22.01%, which is 62% above median its own 10-year median of 13.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plejd AB stock overvalued right now?
Based on GuruFocus' analysis, Plejd AB (XSAT:PLEJD) is currently considered Modestly Overvalued. The stock's GF Value™ is kr705.69, compared to a current price of kr899.00 — trading 27.4% above its estimated fair value. The current Return-on-Tangible-Asset is 22.01%, which is 62% above median its 10-year median of 13.60 and 579.3% above the Industrial Products industry median of 3.24. Plejd AB's overall GF Score™ is 95/100 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 Plejd AB (XSAT:PLEJD), the current Return-on-Tangible-Asset is 22.01% as of Jun. 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 Plejd AB (XSAT:PLEJD) Overvalued in 2026?
Based on GuruFocus' analysis, Plejd AB stock appears to be overvalued.
The current stock price of kr899.00 is trading 27.4% above its estimated GF Value™ of kr705.69.
GuruFocus considers Plejd AB to be Modestly Overvalued.
Key valuation signals for XSAT:PLEJD:
Return-on-Tangible-Asset: 22.01% (62% above median its 10-year median of 13.60)
GF Value™: kr705.69 vs. price of kr899.00 (27.4% above fair value)
Industry Position: 579.3% above the Industrial Products median (#18 of 3073)
No single metric tells the full story. See the XSAT:PLEJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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