Shapir Engineering and Industry (XTAE:SPEN) Return-on-Tangible-Asset: 1.39% (As of Mar. 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:SPEN Shapir Engineering and Industry Ltd XTAE:SPEN
83 GF Score
Price ₪41.58
GF Value ₪31.54
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shapir Engineering and Industry Return-on-Tangible-Asset?

Shapir Engineering and Industry XTAE:SPEN +3.66% 83 Return-on-Tangible-Asset is 1.39% as of Mar. 2026, which is 67% below its 10-year median of 4.23. GuruFocus rates XTAE:SPEN with a GF Score™ of 83/100 and a GF Value™ of ₪31.54 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,788 Construction companies, Shapir Engineering and Industry ranks worse than 59.4% 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. Shapir Engineering and Industry's annualized Net Income for the quarter that ended in Mar. 2026 was ₪224 Mil. Shapir Engineering and Industry's average total tangible assets for the quarter that ended in Mar. 2026 was ₪16,064 Mil. Therefore, Shapir Engineering and Industry's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.39%.

The historical rank and industry rank for Shapir Engineering and Industry's Return-on-Tangible-Asset or its related term are showing as below:

XTAE:SPEN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.15   Med: 4.23   Max: 4.93
Current: 1.75

During the past 13 years, Shapir Engineering and Industry's highest Return-on-Tangible-Asset was 4.93%. The lowest was 1.15%. And the median was 4.23%.

XTAE:SPEN's Return-on-Tangible-Asset is ranked worse than
59.4% of 1788 companies
in the Construction industry
Industry Median: 3.095 vs XTAE:SPEN: 1.75

Shapir Engineering and Industry  (XTAE:SPEN) 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 company’s 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 company’s 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.


Shapir Engineering and Industry Return-on-Tangible-Asset Related Terms


Shapir Engineering and Industry Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shapir Engineering and Industry'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.

Shapir Engineering and Industry Return-on-Tangible-Asset Chart

Shapir Engineering and Industry Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 3.15 1.15 1.24 1.53

Shapir Engineering and Industry Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 1.25 1.47 2.84 1.39

XTAE:SPEN vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Shapir Engineering and Industry'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.


Shapir Engineering and Industry Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Shapir Engineering and Industry's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shapir Engineering and Industry's Return-on-Tangible-Asset falls into.


XTAE:SPEN
83GF Score
Shapir Engineering and Industry Ltd XTAE:SPEN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shapir Engineering and Industry Return-on-Tangible-Asset Calculation

Shapir Engineering and Industry's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=235/( (14648+16106)/ 2 )
=235/15377
=1.53 %

Shapir Engineering and Industry's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=224/( (16106+16022)/ 2 )
=224/16064
=1.39 %

* 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 1.39% mean?
Shapir Engineering and Industry (XTAE:SPEN) has a Return-on-Tangible-Asset of 1.39% 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 Shapir Engineering and Industry and its competitors. This is 67% below median its historical median of 4.23. Over the past decade, Shapir Engineering and Industry's Return-on-Tangible-Asset has ranged from 1.15 to 4.93. According to the industry distribution chart, Shapir Engineering and Industry ranks #1062 out of 1788 companies in the Construction industry, placing it in the top 59.4%.
Is Shapir Engineering and Industry's Return-on-Tangible-Asset too high?
Shapir Engineering and Industry's current Return-on-Tangible-Asset of 1.39% is 67% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 4.93. The Construction industry median Return-on-Tangible-Asset is 3.10. Shapir Engineering and Industry's value of 1.39% is 55.1% below this industry median. Based on the distribution chart, Shapir Engineering and Industry ranks #1062 out of 1788 companies in the Construction industry, which is below the industry midpoint. Overall, Shapir Engineering and Industry has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shapir Engineering and Industry's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Shapir Engineering and Industry ranks #1062 out of 1788 companies for Return-on-Tangible-Asset. This places Shapir Engineering and Industry in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.10. Shapir Engineering and Industry's value of 1.39% is 55.1% below this benchmark. Historically, Shapir Engineering and Industry's own Return-on-Tangible-Asset has ranged from 1.15 to 4.93 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 3.10, Shapir Engineering and Industry 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.10, based on 1,788 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. Shapir Engineering and Industry's current Return-on-Tangible-Asset of 1.39% is 55.1% 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 Shapir Engineering and Industry and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapir Engineering and Industry's current Return-on-Tangible-Asset is 1.39%, which is 67% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapir Engineering and Industry stock overvalued right now?
Based on GuruFocus' analysis, Shapir Engineering and Industry (XTAE:SPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪31.54, compared to a current price of ₪41.58 — trading 31.8% above its estimated fair value. The current Return-on-Tangible-Asset is 1.39%, which is 67% below median its 10-year median of 4.23 and 55.1% below the Construction industry median of 3.10. Shapir Engineering and Industry's overall GF Score™ is 83/100 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 Shapir Engineering and Industry (XTAE:SPEN), the current Return-on-Tangible-Asset is 1.39% 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 Shapir Engineering and Industry (XTAE:SPEN) Overvalued in 2026?

Based on GuruFocus' analysis, Shapir Engineering and Industry stock appears to be overvalued. The current stock price of ₪41.58 is trading 31.8% above its estimated GF Value™ of ₪31.54. GuruFocus considers Shapir Engineering and Industry to be Significantly Overvalued.

Key valuation signals for XTAE:SPEN:

  • Return-on-Tangible-Asset: 1.39% (67% below median its 10-year median of 4.23)
  • GF Value™: ₪31.54 vs. price of ₪41.58 (31.8% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 55.1% below the Construction median (#1062 of 1788)

No single metric tells the full story. See the XTAE:SPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shapir Engineering and Industry Business Description

Address 12 Bareket Street, Petach Tikva, ISR, 49170
Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.
83GF Score

Get the complete analysis for XTAE:SPEN

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪41.58
Price
₪31.54
GF Value