CeresCEEIF 86 Return-on-Tangible-Equity is 4.02% as of Dec. 2025, which is 68% below its 10-year median of 12.48. GuruFocus rates CEEIF with a GF Score™ of 86/100 and a GF Value™ of $23.33. The stock has 4 warning signs investors should review. Among 553 Conglomerates companies, Ceres ranks better than 89.33% 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. Ceres's annualized net income for the quarter that ended in Dec. 2025 was $2.7 Mil. Ceres's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $67.5 Mil. Therefore, Ceres's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.02%.
The historical rank and industry rank for Ceres's Return-on-Tangible-Equity or its related term are showing as below:
CEEIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.72 Med: 12.48 Max: 42.64
Current: 35.54
During the past 13 years, Ceres's highest Return-on-Tangible-Equity was 42.64%. The lowest was -6.72%. And the median was 12.48%.
CEEIF's Return-on-Tangible-Equity is ranked better than 89.33% of 553
companies
in the Conglomerates industry
Industry Median: 7.44
vs CEEIF: 35.54
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.
Ceres Return-on-Tangible-Equity Related Terms
Ceres Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ceres'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.
CEEIF vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Ceres'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.
Ceres Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ceres's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ceres'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 (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 4.02% mean?
Ceres (CEEIF) has a Return-on-Tangible-Equity of 4.02% 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 Ceres and its competitors. This is 68% below median its historical median of 12.48. According to the industry distribution chart, Ceres ranks #59 out of 553 companies in the Conglomerates industry, placing it in the top 10.7%.
Is Ceres' Return-on-Tangible-Equity too high?
Ceres' current Return-on-Tangible-Equity of 4.02% is 68% below median its 10-year median of 12.48. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Ceres' value of 4.02% is 46% below this industry median. Based on the distribution chart, Ceres ranks #59 out of 553 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Ceres has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Ceres' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ceres ranks #59 out of 553 companies for Return-on-Tangible-Equity. This places Ceres in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.44. Ceres' value of 4.02% is 46% below this benchmark. While the company's 10-year median is 12.48 vs. the industry median of 7.44, Ceres has consistently been below 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 7.44, based on 553 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. Ceres's current Return-on-Tangible-Equity of 4.02% is 46% below 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 Ceres and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceres's current Return-on-Tangible-Equity is 4.02%, which is 68% below median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres stock overvalued right now?
Ceres (CEEIF) has a current Return-on-Tangible-Equity of 4.02%. The stock's GF Value™ is $23.33, compared to a current price of $23.13 — trading 0.9% below its estimated fair value. The current Return-on-Tangible-Equity is 4.02%, which is 68% below median its 10-year median of 12.48 and 46% below the Conglomerates industry median of 7.44. Ceres' overall GF Score™ is 86/100 with 4 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 Ceres (CEEIF), the current Return-on-Tangible-Equity is 4.02% 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 Ceres (CEEIF) Overvalued in 2026?
Based on GuruFocus' analysis, Ceres stock appears to be undervalued.
The current stock price of $23.13 is trading 0.9% below its estimated GF Value™ of $23.33.
Key valuation signals for CEEIF:
Return-on-Tangible-Equity: 4.02% (68% below median its 10-year median of 12.48)
GF Value™: $23.33 vs. price of $23.13 (0.9% below fair value)
Industry Position: 46% below the Conglomerates median (#59 of 553)
No single metric tells the full story. See the CEEIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ceres Inc is engaged in the mobile service business and the financial service business. The mobile segment includes Points (Moppy, AD.TRACK, etc.), D2C (planning, manufacturing, and sales of cosmetics, health foods, etc.), and DX (DX support at Yumemi, etc.); the financial service business includes blockchain, online factoring, investment incubation business.
86GF Score
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