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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. Destiny Media Technologies's annualized net income for the quarter that ended in May. 2026 was $-0.85 Mil. Destiny Media Technologies's average shareholder tangible equity for the quarter that ended in May. 2026 was $1.80 Mil. Therefore, Destiny Media Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was -47.25%.
The historical rank and industry rank for Destiny Media Technologies's Return-on-Tangible-Equity or its related term are showing as below:
DSNY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -48.33 Med: 9.04 Max: 30.64
Current: -48.33
During the past 13 years, Destiny Media Technologies's highest Return-on-Tangible-Equity was 30.64%. The lowest was -48.33%. And the median was 9.04%.
DSNY's Return-on-Tangible-Equity is ranked worse than 86.63% of 2476
companies
in the Software industry
Industry Median: 8.82
vs DSNY: -48.33
Destiny Media Technologies (OTCPK:DSNY) 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.
Destiny Media Technologies Return-on-Tangible-Equity Related Terms
Destiny Media Technologies 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.
Destiny Media Technologies Return-on-Tangible-Equity Chart
DSNY vs AMZE, VS, ONEI: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Destiny Media Technologies'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.
Destiny Media Technologies Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Destiny Media Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Destiny Media Technologies'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -47.25% mean?
Destiny Media Technologies (DSNY) has a Return-on-Tangible-Equity of -47.25% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Destiny Media Technologies and its competitors. According to the industry distribution chart, Destiny Media Technologies ranks #2145 out of 2476 companies in the Software industry, placing it in the top 86.6%.
Is Destiny Media Technologies' Return-on-Tangible-Equity too high?
Destiny Media Technologies' current Return-on-Tangible-Equity is -47.25%. Based on the distribution chart, Destiny Media Technologies ranks #2145 out of 2476 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Destiny Media Technologies has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Destiny Media Technologies' Return-on-Tangible-Equity compare to AMZE and VS?
According to the Software industry distribution chart, Destiny Media Technologies ranks #2145 out of 2476 companies for Return-on-Tangible-Equity. This places Destiny Media Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,476 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 Destiny Media Technologies and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destiny Media Technologies's current Return-on-Tangible-Equity is -47.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destiny Media Technologies stock overvalued right now?
Based on GuruFocus' analysis, Destiny Media Technologies (DSNY) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.76, compared to a current price of $0.62 — trading 18% below its estimated fair value. The current Return-on-Tangible-Equity is -47.25%. Destiny Media Technologies' overall GF Score™ is 44/100 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 Destiny Media Technologies (DSNY), the current Return-on-Tangible-Equity is -47.25% as of May. 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 Destiny Media Technologies (DSNY) Overvalued in 2026?
Based on GuruFocus' analysis, Destiny Media Technologies stock appears to be undervalued.
The current stock price of $0.62 is trading 18% below its estimated GF Value™ of $0.76.
GuruFocus considers Destiny Media Technologies to be Modestly Undervalued.
Key valuation signals for DSNY:
Return-on-Tangible-Equity: -47.25%
GF Value™: $0.76 vs. price of $0.62 (18% below fair value)
No single metric tells the full story. See the DSNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Destiny Media Technologies Inc develops and markets software-as-a-service solutions for the music industry, with its business centered on the Play MPE platform, which distributes broadcast-quality digital content from record labels and artists to music curators and broadcasters. Its services include promotional music distribution, international and local release management, targeted recipient list management, and music-curator playback tools, along with the early-stage MTR airplay tracking service. Revenue is generated mainly from the Play MPE distribution service. The company operates internationally, serving customers across the United States, Canada, Europe, Asia, South America, Africa, and Australia.
44GF Score
Get the complete analysis for DSNY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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