BE Semiconductor Industries NVCHIX:BESIA -0.91%72 Return-on-Tangible-Equity is 71.95% as of Mar. 2026, which is 55% above its 10-year median of 46.49. GuruFocus rates CHIX:BESIA with a GF Score™ of 72/100 and a GF Value™ of €157.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 985 Semiconductors companies, BE Semiconductor Industries NV ranks better than 95.63% 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. BE Semiconductor Industries NV's annualized net income for the quarter that ended in Mar. 2026 was €206.3 Mil. BE Semiconductor Industries NV's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €286.7 Mil. Therefore, BE Semiconductor Industries NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 71.95%.
The historical rank and industry rank for BE Semiconductor Industries NV's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:BESIa'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 25.86 Med: 46.49 Max: 72.28
Current: 55.68
During the past 13 years, BE Semiconductor Industries NV's highest Return-on-Tangible-Equity was 72.28%. The lowest was 25.86%. And the median was 46.49%.
CHIX:BESIa's Return-on-Tangible-Equity is ranked better than 95.63% of 985
companies
in the Semiconductors industry
Industry Median: 5.19
vs CHIX:BESIa: 55.68
BE Semiconductor Industries NV (CHIX:BESIa) 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.
BE Semiconductor Industries NV Return-on-Tangible-Equity Related Terms
BE Semiconductor Industries NV Return-on-Tangible-Equity Historical Data
* 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.
BE Semiconductor Industries NV Return-on-Tangible-Equity Chart
CHIX:BESIA vs AMAT, LRCX, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, BE Semiconductor Industries NV'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.
BE Semiconductor Industries NV Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, BE Semiconductor Industries NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BE Semiconductor Industries NV'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 71.95% mean?
BE Semiconductor Industries NV (CHIX:BESIA) has a Return-on-Tangible-Equity of 71.95% 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 BE Semiconductor Industries NV and its competitors. This is 55% above median its historical median of 46.49. Over the past decade, BE Semiconductor Industries NV's Return-on-Tangible-Equity has ranged from 25.86 to 72.28. According to the industry distribution chart, BE Semiconductor Industries NV ranks #43 out of 985 companies in the Semiconductors industry, placing it in the top 4.4%.
Is BE Semiconductor Industries NV's Return-on-Tangible-Equity too high?
BE Semiconductor Industries NV's current Return-on-Tangible-Equity of 71.95% is 55% above median its 10-year median of 46.49. Over the past 10 years, this metric has ranged from a low of 25.86 to a high of 72.28. The Semiconductors industry median Return-on-Tangible-Equity is 5.19. BE Semiconductor Industries NV's value of 71.95% is 1286.3% above this industry median. Based on the distribution chart, BE Semiconductor Industries NV ranks #43 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, BE Semiconductor Industries NV has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BE Semiconductor Industries NV's Return-on-Tangible-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, BE Semiconductor Industries NV ranks #43 out of 985 companies for Return-on-Tangible-Equity. This places BE Semiconductor Industries NV in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.19. BE Semiconductor Industries NV's value of 71.95% is 1286.3% above this benchmark. Historically, BE Semiconductor Industries NV's own Return-on-Tangible-Equity has ranged from 25.86 to 72.28 over the past decade. While the company's 10-year median is 46.49 vs. the industry median of 5.19, BE Semiconductor Industries NV 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 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. BE Semiconductor Industries NV's current Return-on-Tangible-Equity of 71.95% is 1286.3% 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 BE Semiconductor Industries NV and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BE Semiconductor Industries NV's current Return-on-Tangible-Equity is 71.95%, which is 55% above median its own 10-year median of 46.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BE Semiconductor Industries NV stock overvalued right now?
Based on GuruFocus' analysis, BE Semiconductor Industries NV (CHIX:BESIA) is currently considered Significantly Overvalued. The stock's GF Value™ is €157.32, compared to a current price of €281.80 — trading 79.1% above its estimated fair value. The current Return-on-Tangible-Equity is 71.95%, which is 55% above median its 10-year median of 46.49 and 1286.3% above the Semiconductors industry median of 5.19. BE Semiconductor Industries NV's overall GF Score™ is 72/100 with 5 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 BE Semiconductor Industries NV (CHIX:BESIA), the current Return-on-Tangible-Equity is 71.95% 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 BE Semiconductor Industries NV (CHIX:BESIA) Overvalued in 2026?
Based on GuruFocus' analysis, BE Semiconductor Industries NV stock appears to be overvalued.
The current stock price of €281.80 is trading 79.1% above its estimated GF Value™ of €157.32.
GuruFocus considers BE Semiconductor Industries NV to be Significantly Overvalued.
Key valuation signals for CHIX:BESIA:
Return-on-Tangible-Equity: 71.95% (55% above median its 10-year median of 46.49)
GF Value™: €157.32 vs. price of €281.80 (79.1% above fair value)
Industry Position: 1286.3% above the Semiconductors median (#43 of 985)
No single metric tells the full story. See the CHIX:BESIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BE Semiconductor Industries NV Business Description
BE Semiconductor Industries supplies advanced packaging equipment for the semiconductor industry. Besi has a highly focused product portfolio coupled with a flexible business model, which allows it to maintain high gross and operating margins. Besi's main clients include the world's largest logic and memory foundries (TSMC, Samsung, Intel, and Micron) as well as integrated device manufacturers and outsourced assembly and test companies.
72GF Score
Get the complete analysis for CHIX:BESIA
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