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Scope Metals GroupXTAE:SCOP -1.81%76 Return-on-Tangible-Asset is 8.06% as of Mar. 2026, which is 19% above its 10-year median of 6.80. GuruFocus rates XTAE:SCOP with a GF Score™ of 76/100 and a GF Value™ of ₪159.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 158 Industrial Distribution companies, Scope Metals Group ranks better than 72.78% 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. Scope Metals Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ₪201 Mil. Scope Metals Group's average total tangible assets for the quarter that ended in Mar. 2026 was ₪2,498 Mil. Therefore, Scope Metals Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.06%.
The historical rank and industry rank for Scope Metals Group's Return-on-Tangible-Asset or its related term are showing as below:
XTAE:SCOP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.21 Med: 6.8 Max: 11.4
Current: 6.81
During the past 13 years, Scope Metals Group's highest Return-on-Tangible-Asset was 11.40%. The lowest was 4.21%. And the median was 6.80%.
XTAE:SCOP's Return-on-Tangible-Asset is ranked better than 72.78% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs XTAE:SCOP: 6.81
Scope Metals Group (XTAE:SCOP) 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.
Scope Metals Group Return-on-Tangible-Asset Related Terms
Scope Metals Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Scope Metals Group'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:SCOP vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Scope Metals Group'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.
Scope Metals Group Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Scope Metals Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Scope Metals Group'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 8.06% mean?
Scope Metals Group (XTAE:SCOP) has a Return-on-Tangible-Asset of 8.06% 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 Scope Metals Group and its competitors. This is 19% above median its historical median of 6.80. Over the past decade, Scope Metals Group's Return-on-Tangible-Asset has ranged from 4.21 to 11.40. According to the industry distribution chart, Scope Metals Group ranks #43 out of 158 companies in the Industrial Distribution industry, placing it in the top 27.2%.
Is Scope Metals Group's Return-on-Tangible-Asset too high?
Scope Metals Group's current Return-on-Tangible-Asset of 8.06% is 19% above median its 10-year median of 6.80. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 11.40. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Scope Metals Group's value of 8.06% is 101% above this industry median. Based on the distribution chart, Scope Metals Group ranks #43 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Scope Metals Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scope Metals Group's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Scope Metals Group ranks #43 out of 158 companies for Return-on-Tangible-Asset. This puts Scope Metals Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.01. Scope Metals Group's value of 8.06% is 101% above this benchmark. Historically, Scope Metals Group's own Return-on-Tangible-Asset has ranged from 4.21 to 11.40 over the past decade. While the company's 10-year median is 6.80 vs. the industry median of 4.01, Scope Metals Group 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 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. Scope Metals Group's current Return-on-Tangible-Asset of 8.06% is 101% 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 Scope Metals Group and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scope Metals Group's current Return-on-Tangible-Asset is 8.06%, which is 19% above median its own 10-year median of 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scope Metals Group stock overvalued right now?
Based on GuruFocus' analysis, Scope Metals Group (XTAE:SCOP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪159.20, compared to a current price of ₪281.60 — trading 76.9% above its estimated fair value. The current Return-on-Tangible-Asset is 8.06%, which is 19% above median its 10-year median of 6.80 and 101% above the Industrial Distribution industry median of 4.01. Scope Metals Group's overall GF Score™ is 76/100 with 8 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 Scope Metals Group (XTAE:SCOP), the current Return-on-Tangible-Asset is 8.06% 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 Scope Metals Group (XTAE:SCOP) Overvalued in 2026?
Based on GuruFocus' analysis, Scope Metals Group stock appears to be overvalued.
The current stock price of ₪281.60 is trading 76.9% above its estimated GF Value™ of ₪159.20.
GuruFocus considers Scope Metals Group to be Significantly Overvalued.
Key valuation signals for XTAE:SCOP:
Return-on-Tangible-Asset: 8.06% (19% above median its 10-year median of 6.80)
GF Value™: ₪159.20 vs. price of ₪281.60 (76.9% above fair value)
Industry Position: 101% above the Industrial Distribution median (#43 of 158)
No single metric tells the full story. See the XTAE:SCOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scope Metals Group Ltd operates as a one-stop shop on a Just-In-Time delivery basis. The company supplies stainless steel, aluminum, magnesium, steel and steel alloys, plastics, nickel alloys, brass, bronze, copper, lead and titanium. It offers its products to different industries from food processing and pharmaceuticals, energy, water, chemicals and petrochemicals, fertilizers, aerospace and aviation, machining, military, elevators and construction, solar energy, infrastructure to microelectronics, high tech and more.
76GF Score
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