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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. SolidX AB's annualizedNet Income for the quarter that ended in Apr. 2026 was kr-0.2 Mil. SolidX AB's average total tangible assets for the quarter that ended in Apr. 2026 was kr40.4 Mil. Therefore, SolidX AB's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was -0.40%.
The historical rank and industry rank for SolidX AB's Return-on-Tangible-Asset or its related term are showing as below:
XSAT:SOLIDX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.19 Med: 4.56 Max: 20.04
Current: 3.03
During the past 7 years, SolidX AB's highest Return-on-Tangible-Asset was 20.04%. The lowest was -13.19%. And the median was 4.56%.
XSAT:SOLIDX's Return-on-Tangible-Asset is ranked better than 53.18% of 2894
companies
in the Software industry
Industry Median: 2.1
vs XSAT:SOLIDX: 3.03
SolidX AB (XSAT:SOLIDX) 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.
SolidX AB Return-on-Tangible-Asset Related Terms
SolidX AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SolidX 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:SOLIDX vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, SolidX 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.
SolidX AB Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, SolidX AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SolidX 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.40% mean?
SolidX AB (XSAT:SOLIDX) has a Return-on-Tangible-Asset of -0.40% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SolidX AB and its competitors. According to the industry distribution chart, SolidX AB ranks #1355 out of 2894 companies in the Software industry, placing it in the top 46.8%.
Is SolidX AB's Return-on-Tangible-Asset too high?
SolidX AB's current Return-on-Tangible-Asset is -0.40%. Based on the distribution chart, SolidX AB ranks #1355 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, SolidX AB has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SolidX AB's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, SolidX AB ranks #1355 out of 2894 companies for Return-on-Tangible-Asset. This puts SolidX AB in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.10. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,894 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 SolidX AB and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolidX AB's current Return-on-Tangible-Asset is -0.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolidX AB stock overvalued right now?
Based on GuruFocus' analysis, SolidX AB (XSAT:SOLIDX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr2.57, compared to a current price of kr2.10 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Asset is -0.40%. SolidX AB's overall GF Score™ is 84/100 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 SolidX AB (XSAT:SOLIDX), the current Return-on-Tangible-Asset is -0.40% as of Apr. 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 SolidX AB (XSAT:SOLIDX) Overvalued in 2026?
Based on GuruFocus' analysis, SolidX AB stock appears to be undervalued.
The current stock price of kr2.10 is trading 18.3% below its estimated GF Value™ of kr2.57.
GuruFocus considers SolidX AB to be Modestly Undervalued.
Key valuation signals for XSAT:SOLIDX:
Return-on-Tangible-Asset: -0.40%
GF Value™: kr2.57 vs. price of kr2.10 (18.3% below fair value)
No single metric tells the full story. See the XSAT:SOLIDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SolidX AB is an IT consulting company that provides expertise and resources in IT and digitalization for both private and public sectors. The company specializes in strengthening customer organizations by offering consultants for projects and day-to-day operations. The company is also known for its focus on consultants, aiming to be an employer by offering flexible working conditions, competence development, and competitive compensation.
84GF Score
Get the complete analysis for XSAT:SOLIDX
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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