LedesmaBUE:LEDE +1.80%71 Return-on-Tangible-Equity is 18.22% as of Feb. 2026, which is 250% above its 10-year median of 5.20. GuruFocus rates BUE:LEDE with a GF Score™ of 71/100 and a GF Value™ of ARS856.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 546 Conglomerates companies, Ledesma ranks worse than 84.62% 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. Ledesma's annualized net income for the quarter that ended in Feb. 2026 was ARS89,583 Mil. Ledesma's average shareholder tangible equity for the quarter that ended in Feb. 2026 was ARS491,798 Mil. Therefore, Ledesma's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 18.22%.
The historical rank and industry rank for Ledesma's Return-on-Tangible-Equity or its related term are showing as below:
BUE:LEDE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.44 Med: 5.2 Max: 40.25
Current: -6.1
During the past 13 years, Ledesma's highest Return-on-Tangible-Equity was 40.25%. The lowest was -29.44%. And the median was 5.20%.
BUE:LEDE's Return-on-Tangible-Equity is ranked worse than 84.62% of 546
companies
in the Conglomerates industry
Industry Median: 7.41
vs BUE:LEDE: -6.10
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.
Ledesma Return-on-Tangible-Equity Related Terms
Ledesma Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ledesma'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.
BUE:LEDE vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Ledesma'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.
Ledesma Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ledesma's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ledesma'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.22% mean?
Ledesma (BUE:LEDE) has a Return-on-Tangible-Equity of 18.22% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ledesma and its competitors. This is 250% above median its historical median of 5.20. According to the industry distribution chart, Ledesma ranks #462 out of 546 companies in the Conglomerates industry, placing it in the top 84.6%.
Is Ledesma's Return-on-Tangible-Equity too high?
Ledesma's current Return-on-Tangible-Equity of 18.22% is 250% above median its 10-year median of 5.20. The Conglomerates industry median Return-on-Tangible-Equity is 7.41. Ledesma's value of 18.22% is 145.9% above this industry median. Based on the distribution chart, Ledesma ranks #462 out of 546 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Ledesma has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ledesma's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ledesma ranks #462 out of 546 companies for Return-on-Tangible-Equity. This places Ledesma in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.41. Ledesma's value of 18.22% is 145.9% above this benchmark. While the company's 10-year median is 5.20 vs. the industry median of 7.41, Ledesma 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.41, based on 546 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. Ledesma's current Return-on-Tangible-Equity of 18.22% is 145.9% 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 Ledesma and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ledesma's current Return-on-Tangible-Equity is 18.22%, which is 250% above median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ledesma stock overvalued right now?
Based on GuruFocus' analysis, Ledesma (BUE:LEDE) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS856.35, compared to a current price of ARS735.00 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Equity is 18.22%, which is 250% above median its 10-year median of 5.20 and 145.9% above the Conglomerates industry median of 7.41. Ledesma's overall GF Score™ is 71/100 with 6 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 Ledesma (BUE:LEDE), the current Return-on-Tangible-Equity is 18.22% as of Feb. 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 Ledesma (BUE:LEDE) Overvalued in 2026?
Based on GuruFocus' analysis, Ledesma stock appears to be undervalued.
The current stock price of ARS735.00 is trading 14.2% below its estimated GF Value™ of ARS856.35.
GuruFocus considers Ledesma to be Modestly Undervalued.
Key valuation signals for BUE:LEDE:
Return-on-Tangible-Equity: 18.22% (250% above median its 10-year median of 5.20)
GF Value™: ARS856.35 vs. price of ARS735.00 (14.2% below fair value)
Industry Position: 145.9% above the Conglomerates median (#462 of 546)
No single metric tells the full story. See the BUE:LEDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.
71GF Score
Get the complete analysis for BUE:LEDE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BUE:LEDE has been successfully added to your 
