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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. Delta Group's annualized net income for the quarter that ended in Dec. 2025 was Ft-417 Mil. Delta Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was Ft-1,596 Mil. Therefore, Delta Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.
The historical rank and industry rank for Delta Group's Return-on-Tangible-Equity or its related term are showing as below:
BUD:DELTA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
BUD:DELTA's Return-on-Tangible-Equity is ranked better than 99.92% of 2484
companies
in the Software industry
Industry Median: 8.91
vs BUD:DELTA: Negative Tangible Equity
Delta Group (BUD:DELTA) 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.
Delta Group Return-on-Tangible-Equity Related Terms
Delta Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Delta Group'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.
BUD:DELTA vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Delta Group'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.
Delta Group Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Delta Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Delta Group'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 0.00% mean?
Delta Group (BUD:DELTA) has a Return-on-Tangible-Equity of 0.00% 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 Delta Group and its competitors. According to the industry distribution chart, Delta Group ranks #2 out of 2484 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Delta Group's Return-on-Tangible-Equity too high?
Delta Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Delta Group ranks #2 out of 2484 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Delta Group has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Group's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Delta Group ranks #2 out of 2484 companies for Return-on-Tangible-Equity. This places Delta Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.91. 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 8.91, based on 2,484 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 Delta Group and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Group stock overvalued right now?
Based on GuruFocus' analysis, Delta Group (BUD:DELTA) is currently considered Modestly Overvalued. The stock's GF Value™ is Ft45.10, compared to a current price of Ft53.60 — trading 18.8% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Delta Group's overall GF Score™ is 37/100 with 1 warning sign 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 Delta Group (BUD:DELTA), the current Return-on-Tangible-Equity is 0.00% 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 Delta Group (BUD:DELTA) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Group stock appears to be overvalued.
The current stock price of Ft53.60 is trading 18.8% above its estimated GF Value™ of Ft45.10.
GuruFocus considers Delta Group to be Modestly Overvalued.
Key valuation signals for BUD:DELTA:
Return-on-Tangible-Equity: 0.00%
GF Value™: Ft45.10 vs. price of Ft53.60 (18.8% above fair value)
No single metric tells the full story. See the BUD:DELTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Group PLC Formerly Delta Technologies PLC is an information technology company. The company provides complex infrastructure solutions like architecture planning, networking solutions, hardware design and installation, as well as application integration.
37GF Score
Get the complete analysis for BUD:DELTA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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