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. Structural Monitoring Systems's annualized net income for the quarter that ended in Dec. 2025 was A$-0.19 Mil. Structural Monitoring Systems's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$16.28 Mil. Therefore, Structural Monitoring Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -1.14%.
The historical rank and industry rank for Structural Monitoring Systems's Return-on-Tangible-Equity or its related term are showing as below:
ASX:SMN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -139.33 Med: -41.94 Max: 15.74
Current: 15.74
During the past 13 years, Structural Monitoring Systems's highest Return-on-Tangible-Equity was 15.74%. The lowest was -139.33%. And the median was -41.94%.
ASX:SMN's Return-on-Tangible-Equity is ranked better than 79.97% of 2377
companies
in the Hardware industry
Industry Median: 5.27
vs ASX:SMN: 15.74
Structural Monitoring Systems (ASX:SMN) 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.
Structural Monitoring Systems Return-on-Tangible-Equity Related Terms
Structural Monitoring Systems Return-on-Tangible-Equity 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.
Structural Monitoring Systems Return-on-Tangible-Equity Chart
ASX:SMN vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Structural Monitoring 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.
Structural Monitoring Systems Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Structural Monitoring Systems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Structural Monitoring Systems'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -1.14% mean?
Structural Monitoring Systems (ASX:SMN) has a Return-on-Tangible-Equity of -1.14% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Structural Monitoring Systems and its competitors. According to the industry distribution chart, Structural Monitoring Systems ranks #476 out of 2377 companies in the Hardware industry, placing it in the top 20%.
Is Structural Monitoring Systems' Return-on-Tangible-Equity too high?
Structural Monitoring Systems' current Return-on-Tangible-Equity is -1.14%. Based on the distribution chart, Structural Monitoring Systems ranks #476 out of 2377 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Structural Monitoring Systems has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Structural Monitoring Systems' Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Structural Monitoring Systems ranks #476 out of 2377 companies for Return-on-Tangible-Equity. This places Structural Monitoring Systems in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,377 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 Structural Monitoring Systems and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Structural Monitoring Systems's current Return-on-Tangible-Equity is -1.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Structural Monitoring Systems stock overvalued right now?
Based on GuruFocus' analysis, Structural Monitoring Systems (ASX:SMN) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.39 — trading 39.1% below its estimated fair value. The current Return-on-Tangible-Equity is -1.14%. Structural Monitoring Systems' overall GF Score™ is 60/100 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 Structural Monitoring Systems (ASX:SMN), the current Return-on-Tangible-Equity is -1.14% as of Dec. 2025. 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 Structural Monitoring Systems (ASX:SMN) Overvalued in 2026?
Based on GuruFocus' analysis, Structural Monitoring Systems stock appears to be undervalued.
The current stock price of A$0.39 is trading 39.1% below its estimated GF Value™ of A$0.64.
GuruFocus considers Structural Monitoring Systems to be Significantly Undervalued.
Key valuation signals for ASX:SMN:
Return-on-Tangible-Equity: -1.14%
GF Value™: A$0.64 vs. price of A$0.39 (39.1% below fair value)
No single metric tells the full story. See the ASX:SMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Structural Monitoring Systems Business Description
Structural Monitoring Systems PLC is engaged in the design, development and manufacture of avionic products and the provision of contract electronics manufacturing services to the aviation industry as well as implementation of its commercialization for its CVMTM technology. The company operates predominantly in three industries, being Avionics, Contract Manufacturing and Structural Health Monitoring (CVM) with the majority of the revenue deriving from Avionics segment. The main geographic areas that the entity operates in are the USA, Canada and Europe.
60GF Score
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