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White Pebbles ABXSAT:WHITE B 10 Return-on-Tangible-Asset is 2.87% as of Jun. 2026, which is 209% above its 10-year median of 0.93. GuruFocus rates XSAT:WHITE B with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 1,619 Asset Management companies, White Pebbles AB ranks worse than 66.52% 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. White Pebbles AB's annualizedNet Income for the quarter that ended in Jun. 2026 was kr0.70 Mil. White Pebbles AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr24.27 Mil. Therefore, White Pebbles AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 2.87%.
The historical rank and industry rank for White Pebbles AB's Return-on-Tangible-Asset or its related term are showing as below:
XSAT:WHITE B'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.93 Med: 0.93 Max: 1.47
Current: 1.47
During the past 2 years, White Pebbles AB's highest Return-on-Tangible-Asset was 1.47%. The lowest was 0.93%. And the median was 0.93%.
XSAT:WHITE B's Return-on-Tangible-Asset is ranked worse than 66.52% of 1619
companies
in the Asset Management industry
Industry Median: 4.52
vs XSAT:WHITE B: 1.47
White Pebbles AB (XSAT:WHITE B) 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.
White Pebbles AB Return-on-Tangible-Asset Related Terms
White Pebbles AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for White Pebbles 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:WHITE B vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, White Pebbles 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.
White Pebbles AB Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, White Pebbles AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where White Pebbles 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 2.87% mean?
White Pebbles AB (XSAT:WHITE B) has a Return-on-Tangible-Asset of 2.87% 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 White Pebbles AB and its competitors. This is 209% above median its historical median of 0.93. Over the past decade, White Pebbles AB's Return-on-Tangible-Asset has ranged from 0.93 to 1.47. According to the industry distribution chart, White Pebbles AB ranks #1077 out of 1619 companies in the Asset Management industry, placing it in the top 66.5%.
Is White Pebbles AB's Return-on-Tangible-Asset too high?
White Pebbles AB's current Return-on-Tangible-Asset of 2.87% is 209% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.47. The Asset Management industry median Return-on-Tangible-Asset is 4.52. White Pebbles AB's value of 2.87% is 36.5% below this industry median. Based on the distribution chart, White Pebbles AB ranks #1077 out of 1619 companies in the Asset Management industry, which is below the industry midpoint. Overall, White Pebbles AB has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does White Pebbles AB's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, White Pebbles AB ranks #1077 out of 1619 companies for Return-on-Tangible-Asset. This places White Pebbles AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.52. White Pebbles AB's value of 2.87% is 36.5% below this benchmark. Historically, White Pebbles AB's own Return-on-Tangible-Asset has ranged from 0.93 to 1.47 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 4.52, White Pebbles AB has consistently been below 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.52, based on 1,619 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. White Pebbles AB's current Return-on-Tangible-Asset of 2.87% is 36.5% below 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 White Pebbles AB and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Pebbles AB's current Return-on-Tangible-Asset is 2.87%, which is 209% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Pebbles AB stock overvalued right now?
White Pebbles AB (XSAT:WHITE B) has a current Return-on-Tangible-Asset of 2.87%. The current Return-on-Tangible-Asset is 2.87%, which is 209% above median its 10-year median of 0.93 and 36.5% below the Asset Management industry median of 4.52. White Pebbles AB's overall GF Score™ is 10/100 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 White Pebbles AB (XSAT:WHITE B), the current Return-on-Tangible-Asset is 2.87% 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.
White Pebbles AB White Pebbles AB is a Swedish investment company focused on long-term value creation through active investments in unlisted companies. The business model of the company is based on active and long-term ownership, including participation in portfolio company boards to support strategic decisions, organizational development, and financial structuring.
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