Automatic Systems (XMAU:ASL) Return-on-Tangible-Equity: -532.48% (As of Mar. 2026)


XMAU:ASL Automatic Systems Ltd XMAU:ASL
41 GF Score
Price MUR57.00
GF Value MUR50.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Automatic Systems Return-on-Tangible-Equity?

Automatic Systems XMAU:ASL 41 Return-on-Tangible-Equity is -532.48% as of Mar. 2026. GuruFocus rates XMAU:ASL with a GF Score™ of 41/100 and a GF Value™ of MUR50.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 792 Travel & Leisure companies, Automatic Systems ranks worse than 98.36% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Automatic Systems's annualized net income for the quarter that ended in Mar. 2026 was MUR-40.0 Mil. Automatic Systems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MUR7.5 Mil. Therefore, Automatic Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -532.48%.

The historical rank and industry rank for Automatic Systems's Return-on-Tangible-Equity or its related term are showing as below:

XMAU:ASL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -206.12   Med: 95.94   Max: 570.37
Current: -118.93

During the past 13 years, Automatic Systems's highest Return-on-Tangible-Equity was 570.37%. The lowest was -206.12%. And the median was 95.94%.

XMAU:ASL's Return-on-Tangible-Equity is ranked worse than
98.36% of 792 companies
in the Travel & Leisure industry
Industry Median: 7.67 vs XMAU:ASL: -118.93

Automatic Systems  (XMAU:ASL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Automatic Systems Return-on-Tangible-Equity Related Terms


Automatic Systems Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Automatic Systems's Return-on-Tangible-Equity 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.

Automatic Systems Return-on-Tangible-Equity Chart

Automatic Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.24 77.63 -206.12 -63.12 -154.57

Automatic Systems 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-Equity 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 0.00 47.72 17.41 -482.02 -532.48

XMAU:ASL vs FLUT, DKNG, SGHC: Return-on-Tangible-Equity Comparison

For the Gambling subindustry, Automatic Systems's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Automatic Systems Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Automatic Systems's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Automatic Systems's Return-on-Tangible-Equity falls into.


XMAU:ASL
41GF Score
Automatic Systems Ltd XMAU:ASL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Automatic Systems Return-on-Tangible-Equity Calculation

Automatic Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-24.124/( (21.99+9.224 )/ 2 )
=-24.124/15.607
=-154.57 %

Automatic Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-40/( (9.224+5.8)/ 2 )
=-40/7.512
=-532.48 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -532.48% mean?
Automatic Systems (XMAU:ASL) has a Return-on-Tangible-Equity of -532.48% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Automatic Systems and its competitors. According to the industry distribution chart, Automatic Systems ranks #779 out of 792 companies in the Travel & Leisure industry, placing it in the top 98.4%.
Is Automatic Systems' Return-on-Tangible-Equity too high?
Automatic Systems' current Return-on-Tangible-Equity is -532.48%. Based on the distribution chart, Automatic Systems ranks #779 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Automatic Systems has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Automatic Systems' Return-on-Tangible-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Automatic Systems ranks #779 out of 792 companies for Return-on-Tangible-Equity. This places Automatic Systems in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.67. 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-Equity for a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.67, based on 792 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Automatic Systems and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automatic Systems's current Return-on-Tangible-Equity is -532.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatic Systems stock overvalued right now?
Based on GuruFocus' analysis, Automatic Systems (XMAU:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is MUR50.28, compared to a current price of MUR57.00 — trading 13.4% above its estimated fair value. The current Return-on-Tangible-Equity is -532.48%. Automatic Systems' overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Automatic Systems (XMAU:ASL), the current Return-on-Tangible-Equity is -532.48% 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 Automatic Systems (XMAU:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Automatic Systems stock appears to be overvalued. The current stock price of MUR57.00 is trading 13.4% above its estimated GF Value™ of MUR50.28. GuruFocus considers Automatic Systems to be Modestly Overvalued.

Key valuation signals for XMAU:ASL:

  • Return-on-Tangible-Equity: -532.48%
  • GF Value™: MUR50.28 vs. price of MUR57.00 (13.4% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Automatic Systems Business Description

Address C/o Box Office Ltd, Palm Square, 2nd Floor, La Mivoie, Tamarin, MUS, 90906
Automatic Systems Ltd is a Mauritius-based firm. The company is engaged in the operations of a totalizator system of betting on races organized by the Mauritius Turf Club. The company also organizes fixed-odds betting on foreign football matches. It conducts its activities under the Supertote name for betting on horse racing and under the Superscore name for football betting. Its reportable segments include Totalisator, which generates maximum revenue, Fixed Odds, and all other segments.
41GF Score

Get the complete analysis for XMAU:ASL

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

MUR57.00
Price
MUR50.28
GF Value