Adesso SEADSGF -18.60%78 Return-on-Tangible-Equity is 38.06% as of Mar. 2026, which is 55% below its 10-year median of 84.48. GuruFocus rates ADSGF with a GF Score™ of 78/100 and a GF Value™ of $252.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,471 Software companies, Adesso SE ranks better than 86.36% 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. Adesso SE's annualized net income for the quarter that ended in Mar. 2026 was $11 Mil. Adesso SE's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $30 Mil. Therefore, Adesso SE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.06%.
The historical rank and industry rank for Adesso SE's Return-on-Tangible-Equity or its related term are showing as below:
ADSGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.62 Med: 84.48 Max: 256.81
Current: 73.9
During the past 13 years, Adesso SE's highest Return-on-Tangible-Equity was 256.81%. The lowest was 4.62%. And the median was 84.48%.
ADSGF's Return-on-Tangible-Equity is ranked better than 86.36% of 2471
companies
in the Software industry
Industry Median: 8.77
vs ADSGF: 73.90
Adesso SE (OTCPK:ADSGF) 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.
Adesso SE Return-on-Tangible-Equity Related Terms
Adesso SE Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Adesso SE'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.
ADSGF vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Adesso SE'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.
Adesso SE Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Adesso SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Adesso SE's Return-on-Tangible-Equity 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-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 38.06% mean?
Adesso SE (ADSGF) has a Return-on-Tangible-Equity of 38.06% 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 Adesso SE and its competitors. This is 55% below median its historical median of 84.48. Over the past decade, Adesso SE's Return-on-Tangible-Equity has ranged from 4.62 to 256.81. According to the industry distribution chart, Adesso SE ranks #337 out of 2471 companies in the Software industry, placing it in the top 13.6%.
Is Adesso SE's Return-on-Tangible-Equity too high?
Adesso SE's current Return-on-Tangible-Equity of 38.06% is 55% below median its 10-year median of 84.48. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 256.81. The Software industry median Return-on-Tangible-Equity is 8.77. Adesso SE's value of 38.06% is 334% above this industry median. Based on the distribution chart, Adesso SE ranks #337 out of 2471 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Adesso SE has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adesso SE's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Adesso SE ranks #337 out of 2471 companies for Return-on-Tangible-Equity. This places Adesso SE in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.77. Adesso SE's value of 38.06% is 334% above this benchmark. Historically, Adesso SE's own Return-on-Tangible-Equity has ranged from 4.62 to 256.81 over the past decade. While the company's 10-year median is 84.48 vs. the industry median of 8.77, Adesso SE 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,471 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. Adesso SE's current Return-on-Tangible-Equity of 38.06% is 334% 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-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 Adesso SE and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adesso SE's current Return-on-Tangible-Equity is 38.06%, which is 55% below median its own 10-year median of 84.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adesso SE stock overvalued right now?
Based on GuruFocus' analysis, Adesso SE (ADSGF) is currently considered Significantly Undervalued. The stock's GF Value™ is $252.38, compared to a current price of $60.00 — trading 76.2% below its estimated fair value. The current Return-on-Tangible-Equity is 38.06%, which is 55% below median its 10-year median of 84.48 and 334% above the Software industry median of 8.77. Adesso SE's overall GF Score™ is 78/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Adesso SE (ADSGF), the current Return-on-Tangible-Equity is 38.06% 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 Adesso SE (ADSGF) Overvalued in 2026?
Based on GuruFocus' analysis, Adesso SE stock appears to be undervalued.
The current stock price of $60.00 is trading 76.2% below its estimated GF Value™ of $252.38.
GuruFocus considers Adesso SE to be Significantly Undervalued.
Key valuation signals for ADSGF:
Return-on-Tangible-Equity: 38.06% (55% below median its 10-year median of 84.48)
GF Value™: $252.38 vs. price of $60.00 (76.2% below fair value)
Industry Position: 334% above the Software median (#337 of 2471)
No single metric tells the full story. See the ADSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adesso SE is a German IT service provider independent of manufacturers. It focuses on consulting and software development. Adesso uses information technology to provide optimised core business process design and support to its customers. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customized, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates the majority of revenue.
78GF Score
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