Tick Trading Software AG (FRA:TBX0) ROA %: 20.62% (As of Mar. 2026) — 48% Below Median


FRA:TBX0 Tick Trading Software AG FRA:TBX0
76 GF Score
Price €7.25
GF Value €8.17
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tick Trading Software AG ROA %?

Tick Trading Software AG FRA:TBX0 76 ROA % is 20.62% as of Mar. 2026, which is 48% below its 10-year median of 39.94. GuruFocus rates FRA:TBX0 with a GF Score™ of 76/100 and a GF Value™ of €8.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,876 Software companies, Tick Trading Software AG ranks better than 97.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tick Trading Software AG's annualized Net Income for the quarter that ended in Mar. 2026 was €1.26 Mil. Tick Trading Software AG's average Total Assets over the quarter that ended in Mar. 2026 was €6.11 Mil. Therefore, Tick Trading Software AG's annualized ROA % for the quarter that ended in Mar. 2026 was 20.62%.

The historical rank and industry rank for Tick Trading Software AG's ROA % or its related term are showing as below:

FRA:TBX0' s ROA % Range Over the Past 10 Years
Min: 16.56   Med: 39.94   Max: 73.46
Current: 26.11

During the past 13 years, Tick Trading Software AG's highest ROA % was 73.46%. The lowest was 16.56%. And the median was 39.94%.

FRA:TBX0's ROA % is ranked better than
97.36% of 2876 companies
in the Software industry
Industry Median: 1.675 vs FRA:TBX0: 26.11

Tick Trading Software AG  (FRA:TBX0) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.26/6.112
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.26 / 7.828)*(7.828 / 6.112)
=Net Margin %*Asset Turnover
=16.1 %*1.2808
=20.62 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Tick Trading Software AG ROA % Related Terms


Tick Trading Software AG ROA % Historical Data

* Premium members only.

The historical data trend for Tick Trading Software AG's ROA % 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.

Tick Trading Software AG ROA % Chart

Tick Trading Software AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.46 20.04 16.56 29.72 41.89

Tick Trading Software AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % 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 24.04 31.87 45.63 32.81 20.62

FRA:TBX0 vs CRM, SHOP, UBER: ROA % Comparison

For the Software - Application subindustry, Tick Trading Software AG's ROA %, along with its competitors' market caps and ROA % 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.


Tick Trading Software AG ROA % vs Software Industry

For the Software industry and Technology sector, Tick Trading Software AG's ROA % distribution charts can be found below:

* The bar in red indicates where Tick Trading Software AG's ROA % falls into.


FRA:TBX0
76GF Score
Tick Trading Software AG FRA:TBX0
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tick Trading Software AG ROA % Calculation

Tick Trading Software AG's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=2.111/( (4.431+5.647)/ 2 )
=2.111/5.039
=41.89 %

Tick Trading Software AG's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1.26/( (5.647+6.577)/ 2 )
=1.26/6.112
=20.62 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 20.62% mean?
Tick Trading Software AG (FRA:TBX0) has a ROA % of 20.62% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tick Trading Software AG and its competitors. This is 48% below median its historical median of 39.94. Over the past decade, Tick Trading Software AG's ROA % has ranged from 16.56 to 73.46. According to the industry distribution chart, Tick Trading Software AG ranks #76 out of 2876 companies in the Software industry, placing it in the top 2.6%.
Is Tick Trading Software AG's ROA % too high?
Tick Trading Software AG's current ROA % of 20.62% is 48% below median its 10-year median of 39.94. Over the past 10 years, this metric has ranged from a low of 16.56 to a high of 73.46. The Software industry median ROA % is 1.68. Tick Trading Software AG's value of 20.62% is 1131% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #76 out of 2876 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tick Trading Software AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's ROA % compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #76 out of 2876 companies for ROA %. This places Tick Trading Software AG in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Tick Trading Software AG's value of 20.62% is 1131% above this benchmark. Historically, Tick Trading Software AG's own ROA % has ranged from 16.56 to 73.46 over the past decade. While the company's 10-year median is 39.94 vs. the industry median of 1.68, Tick Trading Software AG 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 ROA % for a Software company?
The median ROA % among Software companies is 1.68, based on 2,876 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tick Trading Software AG's current ROA % of 20.62% is 1131% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tick Trading Software AG and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current ROA % is 20.62%, which is 48% below median its own 10-year median of 39.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (FRA:TBX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.17, compared to a current price of €7.25 — trading 11.3% below its estimated fair value. The current ROA % is 20.62%, which is 48% below median its 10-year median of 39.94 and 1131% above the Software industry median of 1.68. Tick Trading Software AG's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Tick Trading Software AG (FRA:TBX0), the current ROA % is 20.62% 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 Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?

Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued. The current stock price of €7.25 is trading 11.3% below its estimated GF Value™ of €8.17. GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.

Key valuation signals for FRA:TBX0:

  • ROA %: 20.62% (48% below median its 10-year median of 39.94)
  • GF Value™: €8.17 vs. price of €7.25 (11.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 1131% above the Software median (#76 of 2876)

No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tick Trading Software AG Business Description

Other Exchanges TBX0:Germany
Address Berliner Allee 59, Dusseldorf,, NW, DEU, 40212
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
76GF Score

Get the complete analysis for FRA:TBX0

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.25
Price
€8.17
GF Value