Vista Group InternationalASX:VGL 84 Return-on-Tangible-Equity is 32.96% as of Dec. 2025, which is 1405% above its 10-year median of 2.19. GuruFocus rates ASX:VGL with a GF Score™ of 84/100 and a GF Value™ of A$2.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,471 Software companies, Vista Group International ranks better than 50.47% 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. Vista Group International's annualized net income for the quarter that ended in Dec. 2025 was A$5.9 Mil. Vista Group International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$18.0 Mil. Therefore, Vista Group International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.96%.
The historical rank and industry rank for Vista Group International's Return-on-Tangible-Equity or its related term are showing as below:
ASX:VGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -81.33 Med: 2.19 Max: 113.89
Current: 8.96
During the past 12 years, Vista Group International's highest Return-on-Tangible-Equity was 113.89%. The lowest was -81.33%. And the median was 2.19%.
ASX:VGL's Return-on-Tangible-Equity is ranked better than 50.47% of 2471
companies
in the Software industry
Industry Median: 8.77
vs ASX:VGL: 8.96
Vista Group International (ASX:VGL) 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.
Vista Group International Return-on-Tangible-Equity Related Terms
Vista Group International Return-on-Tangible-Equity Historical Data
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The historical data trend for Vista Group International'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.
Vista Group International Return-on-Tangible-Equity Chart
ASX:VGL vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Vista Group International'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.
Vista Group International Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Vista Group International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vista Group International'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 32.96% mean?
Vista Group International (ASX:VGL) has a Return-on-Tangible-Equity of 32.96% 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 Vista Group International and its competitors. This is 1405% above median its historical median of 2.19. According to the industry distribution chart, Vista Group International ranks #1224 out of 2471 companies in the Software industry, placing it in the top 49.5%.
Is Vista Group International's Return-on-Tangible-Equity too high?
Vista Group International's current Return-on-Tangible-Equity of 32.96% is 1405% above median its 10-year median of 2.19. The Software industry median Return-on-Tangible-Equity is 8.77. Vista Group International's value of 32.96% is 275.8% above this industry median. Based on the distribution chart, Vista Group International ranks #1224 out of 2471 companies in the Software industry, which is above the industry midpoint. Overall, Vista Group International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vista Group International's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Vista Group International ranks #1224 out of 2471 companies for Return-on-Tangible-Equity. This puts Vista Group International in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.77. Vista Group International's value of 32.96% is 275.8% above this benchmark. While the company's 10-year median is 2.19 vs. the industry median of 8.77, Vista Group International 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. Vista Group International's current Return-on-Tangible-Equity of 32.96% is 275.8% 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 Vista Group International 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. Vista Group International's current Return-on-Tangible-Equity is 32.96%, which is 1405% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vista Group International stock overvalued right now?
Based on GuruFocus' analysis, Vista Group International (ASX:VGL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.16, compared to a current price of A$1.95 — trading 9.7% below its estimated fair value. The current Return-on-Tangible-Equity is 32.96%, which is 1405% above median its 10-year median of 2.19 and 275.8% above the Software industry median of 8.77. Vista Group International's overall GF Score™ is 84/100 with 2 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 Vista Group International (ASX:VGL), the current Return-on-Tangible-Equity is 32.96% 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 Vista Group International (ASX:VGL) Overvalued in 2026?
Based on GuruFocus' analysis, Vista Group International stock appears to be undervalued.
The current stock price of A$1.95 is trading 9.7% below its estimated GF Value™ of A$2.16.
GuruFocus considers Vista Group International to be Modestly Undervalued.
Key valuation signals for ASX:VGL:
Return-on-Tangible-Equity: 32.96% (1405% above median its 10-year median of 2.19)
GF Value™: A$2.16 vs. price of A$1.95 (9.7% below fair value)
Industry Position: 275.8% above the Software median (#1224 of 2471)
No single metric tells the full story. See the ASX:VGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vista Group International Ltd provides software and technology solutions across the global film industry sectors of distribution, exhibition, and the end consumer, moviegoers. The principal activity is the sale, support, and associated development of software for the film industry. The company operates in the vertical cinema/film market in the following reportable segments namely the Cinema segment and Film segment. The company has offices in New Zealand, with additional offices located in Sydney, Cape Town, London, Amsterdam, Beijing, Shanghai, Kuala Lumpur, Los Angeles, and Mexico City.
84GF Score
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