Cadre HoldingsCDRE +1.81%80 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates CDRE with a GF Score™ of 80/100 and a GF Value™ of $38.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 334 Aerospace & Defense companies, Cadre Holdings ranks better than 90.12% 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. Cadre Holdings's annualized net income for the quarter that ended in Mar. 2026 was $7.9 Mil. Cadre Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-23.5 Mil. Therefore, Cadre Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Cadre Holdings's Return-on-Tangible-Equity or its related term are showing as below:
CDRE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 56.53 Med: 79.43 Max: 202.71
Current: 202.71
During the past 7 years, Cadre Holdings's highest Return-on-Tangible-Equity was 202.71%. The lowest was 56.53%. And the median was 79.43%.
CDRE's Return-on-Tangible-Equity is ranked better than 90.12% of 334
companies
in the Aerospace & Defense industry
Industry Median: 8.195
vs CDRE: 202.71
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.
Cadre Holdings Return-on-Tangible-Equity Related Terms
Cadre Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cadre Holdings'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.
CDRE vs RCAT, AVEX, NPK: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Cadre Holdings'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.
Cadre Holdings Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cadre Holdings'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 Negative Tangible Equity% mean?
Cadre Holdings (CDRE) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Cadre Holdings and its competitors. Over the past decade, Cadre Holdings' Return-on-Tangible-Equity has ranged from 56.53 to 202.71. According to the industry distribution chart, Cadre Holdings ranks #33 out of 334 companies in the Aerospace & Defense industry, placing it in the top 9.9%.
Is Cadre Holdings' Return-on-Tangible-Equity too high?
Cadre Holdings' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 56.53 to a high of 202.71. Based on the distribution chart, Cadre Holdings ranks #33 out of 334 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Cadre Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cadre Holdings' Return-on-Tangible-Equity compare to RCAT and AVEX?
According to the Aerospace & Defense industry distribution chart, Cadre Holdings ranks #33 out of 334 companies for Return-on-Tangible-Equity. This places Cadre Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Historically, Cadre Holdings' own Return-on-Tangible-Equity has ranged from 56.53 to 202.71 over the past decade. 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 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 Cadre Holdings and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cadre Holdings's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadre Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cadre Holdings (CDRE) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.22, compared to a current price of $27.86 — trading 27.1% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Cadre Holdings' overall GF Score™ is 80/100 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 Cadre Holdings (CDRE), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Cadre Holdings (CDRE) Overvalued in 2026?
Based on GuruFocus' analysis, Cadre Holdings stock appears to be undervalued.
The current stock price of $27.86 is trading 27.1% below its estimated GF Value™ of $38.22.
GuruFocus considers Cadre Holdings to be Modestly Undervalued.
No single metric tells the full story. See the CDRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments - the Product segment, which is comprised of components that manufacture and sell products, and the Distribution segment, which is comprised of business that serves as a one-stop shop for law enforcement agencies that sells goods produced by the Product segment, as well as other third-party products.
80GF Score
Get the complete analysis for CDRE
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
CDRE has been successfully added to your 
