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Afcon HoldingsXTAE:AFHL +0.95%49 Return-on-Tangible-Asset is 4.72% as of Mar. 2026, which is 44% above its 10-year median of 3.28. GuruFocus rates XTAE:AFHL with a GF Score™ of 49/100 and a GF Value™ of ₪86.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,502 Hardware companies, Afcon Holdings ranks better than 61.67% 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. Afcon Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ₪92 Mil. Afcon Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was ₪1,943 Mil. Therefore, Afcon Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.72%.
The historical rank and industry rank for Afcon Holdings's Return-on-Tangible-Asset or its related term are showing as below:
XTAE:AFHL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.04 Med: 3.28 Max: 6.67
Current: 4.65
During the past 13 years, Afcon Holdings's highest Return-on-Tangible-Asset was 6.67%. The lowest was -3.04%. And the median was 3.28%.
XTAE:AFHL's Return-on-Tangible-Asset is ranked better than 61.67% of 2502
companies
in the Hardware industry
Industry Median: 2.67
vs XTAE:AFHL: 4.65
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.
Afcon Holdings Return-on-Tangible-Asset Related Terms
Afcon Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Afcon Holdings'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.
XTAE:AFHL vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Afcon Holdings'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.
Afcon Holdings Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Afcon Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Afcon Holdings'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 4.72% mean?
Afcon Holdings (XTAE:AFHL) has a Return-on-Tangible-Asset of 4.72% 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 Afcon Holdings and its competitors. This is 44% above median its historical median of 3.28. According to the industry distribution chart, Afcon Holdings ranks #959 out of 2502 companies in the Hardware industry, placing it in the top 38.3%.
Is Afcon Holdings' Return-on-Tangible-Asset too high?
Afcon Holdings' current Return-on-Tangible-Asset of 4.72% is 44% above median its 10-year median of 3.28. The Hardware industry median Return-on-Tangible-Asset is 2.67. Afcon Holdings' value of 4.72% is 76.8% above this industry median. Based on the distribution chart, Afcon Holdings ranks #959 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Afcon Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Afcon Holdings' Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Afcon Holdings ranks #959 out of 2502 companies for Return-on-Tangible-Asset. This puts Afcon Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.67. Afcon Holdings' value of 4.72% is 76.8% above this benchmark. While the company's 10-year median is 3.28 vs. the industry median of 2.67, Afcon Holdings 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 2.67, based on 2,502 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. Afcon Holdings's current Return-on-Tangible-Asset of 4.72% is 76.8% 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 Afcon Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afcon Holdings's current Return-on-Tangible-Asset is 4.72%, which is 44% above median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afcon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Afcon Holdings (XTAE:AFHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪86.66, compared to a current price of ₪552.70 — trading 537.8% above its estimated fair value. The current Return-on-Tangible-Asset is 4.72%, which is 44% above median its 10-year median of 3.28 and 76.8% above the Hardware industry median of 2.67. Afcon Holdings' overall GF Score™ is 49/100 with 6 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 Afcon Holdings (XTAE:AFHL), the current Return-on-Tangible-Asset is 4.72% 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 Afcon Holdings (XTAE:AFHL) Overvalued in 2026?
Based on GuruFocus' analysis, Afcon Holdings stock appears to be overvalued.
The current stock price of ₪552.70 is trading 537.8% above its estimated GF Value™ of ₪86.66.
GuruFocus considers Afcon Holdings to be Significantly Overvalued.
Key valuation signals for XTAE:AFHL:
Return-on-Tangible-Asset: 4.72% (44% above median its 10-year median of 3.28)
GF Value™: ₪86.66 vs. price of ₪552.70 (537.8% above fair value)
Industry Position: 76.8% above the Hardware median (#959 of 2502)
No single metric tells the full story. See the XTAE:AFHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afcon Holdings Ltd manufactures electronic components. It provide solutions such as construction contracting and finishing works, installation of electro-mechanical systems (electricity, air conditioning, cooling and plumbing), installation of electrical systems for industry, manufacture and installation of electrical infrastructure products for high voltage, medium / high voltage and low voltage for buildings, Gas engineering, and construction and execution of wind farms, photovoltaic fields and infrastructure facilities. It provides solutions to large-scale projects in the fields of infrastructure, electromechanical systems, control and automation and communications.
49GF Score
Get the complete analysis for XTAE:AFHL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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