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.
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.
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. Brockhaus Technologies AG's annualizedNet Income for the quarter that ended in Mar. 2026 was €-7.35 Mil. Brockhaus Technologies AG's average total tangible assets for the quarter that ended in Mar. 2026 was €498.39 Mil. Therefore, Brockhaus Technologies AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.47%.
The historical rank and industry rank for Brockhaus Technologies AG's Return-on-Tangible-Asset or its related term are showing as below:
XTER:BKHT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.99 Med: -6.7 Max: 19.07
Current: -5.15
During the past 7 years, Brockhaus Technologies AG's highest Return-on-Tangible-Asset was 19.07%. The lowest was -17.99%. And the median was -6.70%.
XTER:BKHT's Return-on-Tangible-Asset is ranked worse than 79.11% of 2503
companies
in the Hardware industry
Industry Median: 2.44
vs XTER:BKHT: -5.15
Brockhaus Technologies AG (XTER:BKHT) 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.
Brockhaus Technologies AG Return-on-Tangible-Asset Related Terms
Brockhaus Technologies AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Brockhaus Technologies AG'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.
Brockhaus Technologies AG Return-on-Tangible-Asset Chart
XTER:BKHT vs SNDK, DELL, STX: Return-on-Tangible-Asset Comparison
For the Computer Hardware subindustry, Brockhaus Technologies AG'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.
Brockhaus Technologies AG Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Brockhaus Technologies AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brockhaus Technologies AG'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 -1.47% mean?
Brockhaus Technologies AG (XTER:BKHT) has a Return-on-Tangible-Asset of -1.47% 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 Brockhaus Technologies AG and its competitors. According to the industry distribution chart, Brockhaus Technologies AG ranks #1980 out of 2503 companies in the Hardware industry, placing it in the top 79.1%.
Is Brockhaus Technologies AG's Return-on-Tangible-Asset too high?
Brockhaus Technologies AG's current Return-on-Tangible-Asset is -1.47%. Based on the distribution chart, Brockhaus Technologies AG ranks #1980 out of 2503 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Brockhaus Technologies AG has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brockhaus Technologies AG's Return-on-Tangible-Asset compare to SNDK and DELL?
According to the Hardware industry distribution chart, Brockhaus Technologies AG ranks #1980 out of 2503 companies for Return-on-Tangible-Asset. This places Brockhaus Technologies AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. 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. 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 Brockhaus Technologies AG 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. Brockhaus Technologies AG's current Return-on-Tangible-Asset is -1.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brockhaus Technologies AG stock overvalued right now?
Based on GuruFocus' analysis, Brockhaus Technologies AG (XTER:BKHT) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.12, compared to a current price of €20.60 — trading 400% above its estimated fair value. The current Return-on-Tangible-Asset is -1.47%. Brockhaus Technologies AG's overall GF Score™ is 59/100 with 2 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 Brockhaus Technologies AG (XTER:BKHT), the current Return-on-Tangible-Asset is -1.47% 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 Brockhaus Technologies AG (XTER:BKHT) Overvalued in 2026?
Based on GuruFocus' analysis, Brockhaus Technologies AG stock appears to be overvalued.
The current stock price of €20.60 is trading 400% above its estimated GF Value™ of €4.12.
GuruFocus considers Brockhaus Technologies AG to be Significantly Overvalued.
Key valuation signals for XTER:BKHT:
Return-on-Tangible-Asset: -1.47%
GF Value™: €4.12 vs. price of €20.60 (400% above fair value)
No single metric tells the full story. See the XTER:BKHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brockhaus Technologies AG is a technology holding company engaged in acquiring high-margin, fast-growing technology companies. The firm provides active, strategic support to make them more valuable and more successful. It offers the companies its expertise and gives them access to its network across sectors and international borders. The company offers its investors an opportunity to participate in the growth of these acquired technology companies. Its business activities consist of its two operating segments of Security Technologies and Central Functions. The Security Technologies segment includes companies that develop, produce, and distribute KVM (keyboard, video, and mouse) technology for high-security, reduced-latency, and loss-free data transmission in mission-critical applications.
59GF Score
Get the complete analysis for XTER:BKHT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTER:BKHT has been successfully added to your 
