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Super Micro ComputerXSWX:SMCI -3.37%61 Return-on-Tangible-Asset is 7.47% as of Mar. 2026, which is 28% above its 10-year median of 5.85. GuruFocus rates XSWX:SMCI with a GF Score™ of 61/100 and a GF Value™ of CHF71.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,503 Hardware companies, Super Micro Computer ranks better than 76.35% 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. Super Micro Computer's annualizedNet Income for the quarter that ended in Mar. 2026 was CHF1,522 Mil. Super Micro Computer's average total tangible assets for the quarter that ended in Mar. 2026 was CHF20,389 Mil. Therefore, Super Micro Computer's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.47%.
The historical rank and industry rank for Super Micro Computer's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:SMCI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.81 Med: 5.85 Max: 18.61
Current: 6.88
During the past 13 years, Super Micro Computer's highest Return-on-Tangible-Asset was 18.61%. The lowest was 2.81%. And the median was 5.85%.
XSWX:SMCI's Return-on-Tangible-Asset is ranked better than 76.35% of 2503
companies
in the Hardware industry
Industry Median: 2.44
vs XSWX:SMCI: 6.88
Super Micro Computer (XSWX:SMCI) 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.
Super Micro Computer Return-on-Tangible-Asset Related Terms
Super Micro Computer Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Super Micro Computer'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.
Super Micro Computer Return-on-Tangible-Asset Chart
XSWX:SMCI vs HPQ, IONQ, P: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Super Micro Computer'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.
Super Micro Computer Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Super Micro Computer's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Super Micro Computer'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 7.47% mean?
Super Micro Computer (XSWX:SMCI) has a Return-on-Tangible-Asset of 7.47% 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 Super Micro Computer and its competitors. This is 28% above median its historical median of 5.85. Over the past decade, Super Micro Computer's Return-on-Tangible-Asset has ranged from 2.81 to 18.61. According to the industry distribution chart, Super Micro Computer ranks #592 out of 2503 companies in the Hardware industry, placing it in the top 23.7%.
Is Super Micro Computer's Return-on-Tangible-Asset too high?
Super Micro Computer's current Return-on-Tangible-Asset of 7.47% is 28% above median its 10-year median of 5.85. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 18.61. The Hardware industry median Return-on-Tangible-Asset is 2.44. Super Micro Computer's value of 7.47% is 206.1% above this industry median. Based on the distribution chart, Super Micro Computer ranks #592 out of 2503 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Super Micro Computer has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Micro Computer's Return-on-Tangible-Asset compare to HPQ and IONQ?
According to the Hardware industry distribution chart, Super Micro Computer ranks #592 out of 2503 companies for Return-on-Tangible-Asset. This places Super Micro Computer in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.44. Super Micro Computer's value of 7.47% is 206.1% above this benchmark. Historically, Super Micro Computer's own Return-on-Tangible-Asset has ranged from 2.81 to 18.61 over the past decade. While the company's 10-year median is 5.85 vs. the industry median of 2.44, Super Micro Computer 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,503 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. Super Micro Computer's current Return-on-Tangible-Asset of 7.47% is 206.1% 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 Super Micro Computer and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Super Micro Computer's current Return-on-Tangible-Asset is 7.47%, which is 28% above median its own 10-year median of 5.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Super Micro Computer stock overvalued right now?
Based on GuruFocus' analysis, Super Micro Computer (XSWX:SMCI) is currently considered Possible Value Trap. The stock's GF Value™ is CHF71.84, compared to a current price of CHF21.81 — trading 69.6% below its estimated fair value. The current Return-on-Tangible-Asset is 7.47%, which is 28% above median its 10-year median of 5.85 and 206.1% above the Hardware industry median of 2.44. Super Micro Computer's overall GF Score™ is 61/100 with 5 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 Super Micro Computer (XSWX:SMCI), the current Return-on-Tangible-Asset is 7.47% 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 Super Micro Computer (XSWX:SMCI) Overvalued in 2026?
Based on GuruFocus' analysis, Super Micro Computer stock appears to be undervalued.
The current stock price of CHF21.81 is trading 69.6% below its estimated GF Value™ of CHF71.84.
GuruFocus considers Super Micro Computer to be Possible Value Trap.
Key valuation signals for XSWX:SMCI:
Return-on-Tangible-Asset: 7.47% (28% above median its 10-year median of 5.85)
GF Value™: CHF71.84 vs. price of CHF21.81 (69.6% below fair value)
Industry Position: 206.1% above the Hardware median (#592 of 2503)
No single metric tells the full story. See the XSWX:SMCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
61GF Score
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