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Ing-Grad DdZAG:IG -1.50%28 Return-on-Tangible-Asset is 22.64% as of Mar. 2026, which is 1% below its 10-year median of 22.83. GuruFocus rates ZAG:IG with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Ing-Grad Dd ranks better than 94.89% 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. Ing-Grad Dd's annualizedNet Income for the quarter that ended in Mar. 2026 was €33.0 Mil. Ing-Grad Dd's average total tangible assets for the quarter that ended in Mar. 2026 was €145.7 Mil. Therefore, Ing-Grad Dd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.64%.
The historical rank and industry rank for Ing-Grad Dd's Return-on-Tangible-Asset or its related term are showing as below:
ZAG:IG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.71 Med: 22.83 Max: 24
Current: 16.71
During the past 3 years, Ing-Grad Dd's highest Return-on-Tangible-Asset was 24.00%. The lowest was 16.71%. And the median was 22.83%.
ZAG:IG's Return-on-Tangible-Asset is ranked better than 94.89% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs ZAG:IG: 16.71
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.
Ing-Grad Dd Return-on-Tangible-Asset Related Terms
Ing-Grad Dd Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ing-Grad Dd'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.
ZAG:IG vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Ing-Grad Dd'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.
Ing-Grad Dd Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ing-Grad Dd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ing-Grad Dd'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 22.64% mean?
Ing-Grad Dd (ZAG:IG) has a Return-on-Tangible-Asset of 22.64% 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 Ing-Grad Dd and its competitors. This is near median its historical median of 22.83. Over the past decade, Ing-Grad Dd's Return-on-Tangible-Asset has ranged from 16.71 to 24.00. According to the industry distribution chart, Ing-Grad Dd ranks #91 out of 1781 companies in the Construction industry, placing it in the top 5.1%.
Is Ing-Grad Dd's Return-on-Tangible-Asset too high?
Ing-Grad Dd's current Return-on-Tangible-Asset of 22.64% is near median its 10-year median of 22.83. Over the past 10 years, this metric has ranged from a low of 16.71 to a high of 24.00. The Construction industry median Return-on-Tangible-Asset is 3.04. Ing-Grad Dd's value of 22.64% is 644.7% above this industry median. Based on the distribution chart, Ing-Grad Dd ranks #91 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ing-Grad Dd has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ing-Grad Dd's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Ing-Grad Dd ranks #91 out of 1781 companies for Return-on-Tangible-Asset. This places Ing-Grad Dd in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Ing-Grad Dd's value of 22.64% is 644.7% above this benchmark. Historically, Ing-Grad Dd's own Return-on-Tangible-Asset has ranged from 16.71 to 24.00 over the past decade. While the company's 10-year median is 22.83 vs. the industry median of 3.04, Ing-Grad Dd 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Ing-Grad Dd's current Return-on-Tangible-Asset of 22.64% is 644.7% 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 Ing-Grad Dd and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ing-Grad Dd's current Return-on-Tangible-Asset is 22.64%, which is near median its own 10-year median of 22.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ing-Grad Dd stock overvalued right now?
Ing-Grad Dd (ZAG:IG) has a current Return-on-Tangible-Asset of 22.64%. The current Return-on-Tangible-Asset is 22.64%, which is near median its 10-year median of 22.83 and 644.7% above the Construction industry median of 3.04. Ing-Grad Dd's overall GF Score™ is 28/100 with 3 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 Ing-Grad Dd (ZAG:IG), the current Return-on-Tangible-Asset is 22.64% 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.
Ing-Grad Dd provides a wide range of construction works, from the renovation of historical buildings and sacral architecture to the construction of modern business and residential spaces, as well as construction works in the field of energy and infrastructure construction. It has worked on around 200 construction projects in various fields so far.
28GF Score
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