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CAPXSGO:CAP 64 Return-on-Tangible-Asset is -0.90% as of Mar. 2026. GuruFocus rates XSGO:CAP with a GF Score™ of 64/100 and a GF Value™ of CLP7,045.88 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 635 Steel companies, CAP ranks worse than 76.22% 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. CAP's annualizedNet Income for the quarter that ended in Mar. 2026 was CLP-49,040 Mil. CAP's average total tangible assets for the quarter that ended in Mar. 2026 was CLP5,440,431 Mil. Therefore, CAP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.90%.
The historical rank and industry rank for CAP's Return-on-Tangible-Asset or its related term are showing as below:
XSGO:CAP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.85 Med: 1.66 Max: 12.84
Current: -1.4
During the past 13 years, CAP's highest Return-on-Tangible-Asset was 12.84%. The lowest was -6.85%. And the median was 1.66%.
XSGO:CAP's Return-on-Tangible-Asset is ranked worse than 76.22% of 635
companies
in the Steel industry
Industry Median: 2.04
vs XSGO:CAP: -1.40
CAP (XSGO:CAP) 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.
CAP Return-on-Tangible-Asset Related Terms
CAP Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CAP'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.
XSGO:CAP vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, CAP'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.
CAP Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, CAP's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CAP'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.90% mean?
CAP (XSGO:CAP) has a Return-on-Tangible-Asset of -0.90% 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 CAP and its competitors. According to the industry distribution chart, CAP ranks #484 out of 635 companies in the Steel industry, placing it in the top 76.2%.
Is CAP's Return-on-Tangible-Asset too high?
CAP's current Return-on-Tangible-Asset is -0.90%. Based on the distribution chart, CAP ranks #484 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CAP has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CAP's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, CAP ranks #484 out of 635 companies for Return-on-Tangible-Asset. This places CAP in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.04, based on 635 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 CAP and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAP's current Return-on-Tangible-Asset is -0.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAP stock overvalued right now?
Based on GuruFocus' analysis, CAP (XSGO:CAP) is currently considered Modestly Undervalued. The stock's GF Value™ is CLP7,045.88, compared to a current price of CLP6,313.30 — trading 10.4% below its estimated fair value. The current Return-on-Tangible-Asset is -0.90%. CAP's overall GF Score™ is 64/100 with 9 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 CAP (XSGO:CAP), the current Return-on-Tangible-Asset is -0.90% 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 CAP (XSGO:CAP) Overvalued in 2026?
Based on GuruFocus' analysis, CAP stock appears to be undervalued.
The current stock price of CLP6,313.30 is trading 10.4% below its estimated GF Value™ of CLP7,045.88.
GuruFocus considers CAP to be Modestly Undervalued.
Key valuation signals for XSGO:CAP:
Return-on-Tangible-Asset: -0.90%
GF Value™: CLP7,045.88 vs. price of CLP6,313.30 (10.4% below fair value)
No single metric tells the full story. See the XSGO:CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAP SA is a Chile-based holding company. The company, through its subsidiaries, is engaged in mining, steel production, steel processing, and infrastructure business. The company manages three business areas: iron ore (CAP Mining), steel production (CAP Steel) and CAP Steel Solutions. The company's main customers are located in Bahrain, Chile, China, Japan, Korea, Malaysia, and the USA. The firm's CAP Mining business division is engaged in the production of iron ore and pellets. CAP Steel operates through its subsidiary Compania Siderurgica Huachipato S.A, which sells steel products to distributors and construction companies, and CAP Steel Solutions main purpose is the manufacture, distribution, import and export of all kinds of steel and metal products.
64GF Score
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