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.
AGRAM BANKA dionicko drustvoZAG:KBZ 80 Return-on-Tangible-Asset is 2.92% as of Jun. 2026, which is 181% above its 10-year median of 1.04. GuruFocus rates ZAG:KBZ with a GF Score™ of 80/100 and a GF Value™ of €36.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, AGRAM BANKA dionicko drustvo ranks better than 78.27% on this metric.
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.
AGRAM BANKA dionicko drustvo Return-on-Tangible-Asset Related Terms
AGRAM BANKA dionicko drustvo Return-on-Tangible-Asset Historical Data
* 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:KBZ vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, AGRAM BANKA dionicko drustvo'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.
AGRAM BANKA dionicko drustvo Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, AGRAM BANKA dionicko drustvo's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AGRAM BANKA dionicko drustvo'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.92% mean?
AGRAM BANKA dionicko drustvo (ZAG:KBZ) has a Return-on-Tangible-Asset of 2.92% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AGRAM BANKA dionicko drustvo and its competitors. This is 181% above median its historical median of 1.04. Over the past decade, AGRAM BANKA dionicko drustvo's Return-on-Tangible-Asset has ranged from 0.39 to 1.56. According to the industry distribution chart, AGRAM BANKA dionicko drustvo ranks #332 out of 1528 companies in the Banks industry, placing it in the top 21.7%.
Is AGRAM BANKA dionicko drustvo's Return-on-Tangible-Asset too high?
AGRAM BANKA dionicko drustvo's current Return-on-Tangible-Asset of 2.92% is 181% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.56. The Banks industry median Return-on-Tangible-Asset is 1.01. AGRAM BANKA dionicko drustvo's value of 2.92% is 189.1% above this industry median. Based on the distribution chart, AGRAM BANKA dionicko drustvo ranks #332 out of 1528 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, AGRAM BANKA dionicko drustvo has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AGRAM BANKA dionicko drustvo's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, AGRAM BANKA dionicko drustvo ranks #332 out of 1528 companies for Return-on-Tangible-Asset. This places AGRAM BANKA dionicko drustvo in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.01. AGRAM BANKA dionicko drustvo's value of 2.92% is 189.1% above this benchmark. Historically, AGRAM BANKA dionicko drustvo's own Return-on-Tangible-Asset has ranged from 0.39 to 1.56 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.01, AGRAM BANKA dionicko drustvo 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.01, based on 1,528 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. AGRAM BANKA dionicko drustvo's current Return-on-Tangible-Asset of 2.92% is 189.1% 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 AGRAM BANKA dionicko drustvo and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGRAM BANKA dionicko drustvo's current Return-on-Tangible-Asset is 2.92%, which is 181% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGRAM BANKA dionicko drustvo stock overvalued right now?
Based on GuruFocus' analysis, AGRAM BANKA dionicko drustvo (ZAG:KBZ) is currently considered Fairly Valued. The stock's GF Value™ is €36.53, compared to a current price of €38.00 — trading 4% above its estimated fair value. The current Return-on-Tangible-Asset is 2.92%, which is 181% above median its 10-year median of 1.04 and 189.1% above the Banks industry median of 1.01. AGRAM BANKA dionicko drustvo's overall GF Score™ is 80/100 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 AGRAM BANKA dionicko drustvo (ZAG:KBZ), the current Return-on-Tangible-Asset is 2.92% as of Jun. 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 AGRAM BANKA dionicko drustvo (ZAG:KBZ) Overvalued in 2026?
Based on GuruFocus' analysis, AGRAM BANKA dionicko drustvo stock appears to be overvalued.
The current stock price of €38.00 is trading 4% above its estimated GF Value™ of €36.53.
GuruFocus considers AGRAM BANKA dionicko drustvo to be Fairly Valued.
Key valuation signals for ZAG:KBZ:
Return-on-Tangible-Asset: 2.92% (181% above median its 10-year median of 1.04)
GF Value™: €36.53 vs. price of €38.00 (4% above fair value)
Industry Position: 189.1% above the Banks median (#332 of 1528)
No single metric tells the full story. See the ZAG:KBZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AGRAM BANKA dionicko drustvo provides banking services. The company's operating segment includes Business banking; Retail banking; and Treasury. It generates maximum revenue from Business banking which entails loan guarantees and deposit operations, card operations, and other transactions with clients who are legal entities. Geographically, it has a presence in Germany; Italy; Croatia; Austria; the United States of America, and Spain.
80GF Score
Get the complete analysis for ZAG:KBZ
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
ZAG:KBZ has been successfully added to your 
