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Evertz TechnologiesEVTZF 76 Return-on-Tangible-Asset is 15.11% as of Apr. 2026, which is 5% below its 10-year median of 15.84. GuruFocus rates EVTZF with a GF Score™ of 76/100 and a GF Value™ of $9.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,502 Hardware companies, Evertz Technologies ranks better than 93.8% 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. Evertz Technologies's annualizedNet Income for the quarter that ended in Apr. 2026 was $44.0 Mil. Evertz Technologies's average total tangible assets for the quarter that ended in Apr. 2026 was $291.4 Mil. Therefore, Evertz Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 15.11%.
The historical rank and industry rank for Evertz Technologies's Return-on-Tangible-Asset or its related term are showing as below:
EVTZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.85 Med: 15.84 Max: 18.39
Current: 14.77
During the past 13 years, Evertz Technologies's highest Return-on-Tangible-Asset was 18.39%. The lowest was 9.85%. And the median was 15.84%.
EVTZF's Return-on-Tangible-Asset is ranked better than 93.8% of 2502
companies
in the Hardware industry
Industry Median: 2.445
vs EVTZF: 14.77
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.
Evertz Technologies Return-on-Tangible-Asset Related Terms
Evertz Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Evertz Technologies'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.
EVTZF vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Evertz Technologies'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.
Evertz Technologies Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Evertz Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Evertz Technologies'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.11% mean?
Evertz Technologies (EVTZF) has a Return-on-Tangible-Asset of 15.11% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Evertz Technologies and its competitors. This is near median its historical median of 15.84. Over the past decade, Evertz Technologies' Return-on-Tangible-Asset has ranged from 9.85 to 18.39. According to the industry distribution chart, Evertz Technologies ranks #155 out of 2502 companies in the Hardware industry, placing it in the top 6.2%.
Is Evertz Technologies' Return-on-Tangible-Asset too high?
Evertz Technologies' current Return-on-Tangible-Asset of 15.11% is near median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 9.85 to a high of 18.39. The Hardware industry median Return-on-Tangible-Asset is 2.45. Evertz Technologies' value of 15.11% is 518% above this industry median. Based on the distribution chart, Evertz Technologies ranks #155 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Evertz Technologies has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Evertz Technologies ranks #155 out of 2502 companies for Return-on-Tangible-Asset. This places Evertz Technologies in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.45. Evertz Technologies' value of 15.11% is 518% above this benchmark. Historically, Evertz Technologies' own Return-on-Tangible-Asset has ranged from 9.85 to 18.39 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 2.45, Evertz Technologies 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.45, based on 2,502 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. Evertz Technologies's current Return-on-Tangible-Asset of 15.11% is 518% 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 Evertz Technologies and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evertz Technologies's current Return-on-Tangible-Asset is 15.11%, which is near median its own 10-year median of 15.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (EVTZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.96, compared to a current price of $12.17 — trading 22.2% above its estimated fair value. The current Return-on-Tangible-Asset is 15.11%, which is near median its 10-year median of 15.84 and 518% above the Hardware industry median of 2.45. Evertz Technologies' overall GF Score™ is 76/100 with 8 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 Evertz Technologies (EVTZF), the current Return-on-Tangible-Asset is 15.11% as of Apr. 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 Evertz Technologies (EVTZF) Overvalued in 2026?
Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued.
The current stock price of $12.17 is trading 22.2% above its estimated GF Value™ of $9.96.
GuruFocus considers Evertz Technologies to be Modestly Overvalued.
Key valuation signals for EVTZF:
Return-on-Tangible-Asset: 15.11% (near median its 10-year median of 15.84)
GF Value™: $9.96 vs. price of $12.17 (22.2% above fair value)
Industry Position: 518% above the Hardware median (#155 of 2502)
No single metric tells the full story. See the EVTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
76GF Score
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