discoverIE GroupCHIX:DSCVL -3.91%84 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates CHIX:DSCVL with a GF Score™ of 84/100 and a GF Value™ of £6.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,378 Hardware companies, discoverIE Group ranks better than 99.96% 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. discoverIE Group's annualized net income for the quarter that ended in Mar. 2026 was £31.4 Mil. discoverIE Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was £-8.3 Mil. Therefore, discoverIE Group'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 discoverIE Group's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:DSCVl'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.72 Med: 78.48 Max: 837.84
Current: Negative Tangible Equity
During the past 13 years, discoverIE Group's highest Return-on-Tangible-Equity was 837.84%. The lowest was 19.72%. And the median was 78.48%.
CHIX:DSCVl's Return-on-Tangible-Equity is ranked better than 99.96% of 2378
companies
in the Hardware industry
Industry Median: 5.265
vs CHIX:DSCVl: Negative Tangible Equity
discoverIE Group (CHIX:DSCVl) 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.
discoverIE Group Return-on-Tangible-Equity Related Terms
discoverIE Group Return-on-Tangible-Equity Historical Data
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The historical data trend for discoverIE 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.
CHIX:DSCVL vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, discoverIE 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.
discoverIE Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, discoverIE Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where discoverIE 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 (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?
discoverIE Group (CHIX:DSCVL) 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 discoverIE Group and its competitors. Over the past decade, discoverIE Group's Return-on-Tangible-Equity has ranged from 19.72 to 837.84. According to the industry distribution chart, discoverIE Group ranks #1 out of 2378 companies in the Hardware industry, placing it in the top 0%.
Is discoverIE Group's Return-on-Tangible-Equity too high?
discoverIE Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 19.72 to a high of 837.84. Based on the distribution chart, discoverIE Group ranks #1 out of 2378 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, discoverIE Group has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does discoverIE Group's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, discoverIE Group ranks #1 out of 2378 companies for Return-on-Tangible-Equity. This places discoverIE Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. Historically, discoverIE Group's own Return-on-Tangible-Equity has ranged from 19.72 to 837.84 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,378 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 discoverIE Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. discoverIE Group'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 discoverIE Group stock overvalued right now?
Based on GuruFocus' analysis, discoverIE Group (CHIX:DSCVL) is currently considered Fairly Valued. The stock's GF Value™ is £6.93, compared to a current price of £6.39 — trading 7.8% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. discoverIE Group's overall GF Score™ is 84/100 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 discoverIE Group (CHIX:DSCVL), 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 discoverIE Group (CHIX:DSCVL) Overvalued in 2026?
Based on GuruFocus' analysis, discoverIE Group stock appears to be undervalued.
The current stock price of £6.39 is trading 7.8% below its estimated GF Value™ of £6.93.
GuruFocus considers discoverIE Group to be Fairly Valued.
No single metric tells the full story. See the CHIX:DSCVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
discoverIE Group PLC is a United Kingdom-based electronics manufacturing company. The company designs, manufactures, and distributes customer-specific electronic components and solutions. The company's segments include the Magnetics and Controls division (M&C) and the Sensing and Connectivity division (S&C). The company generates the majority of revenue from the M&C segment. Geographically, the company operates in the UK, Europe, North America, Asia, and the Rest of the world.
84GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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