D2LDTLIF -0.69%69 Return-on-Tangible-Equity is 16.02% as of Apr. 2026, which is 139% above its 10-year median of 6.71. GuruFocus rates DTLIF with a GF Score™ of 69/100 and a GF Value™ of $10.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,470 Software companies, D2L ranks better than 65.06% 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. D2L's annualized net income for the quarter that ended in Apr. 2026 was $6.7 Mil. D2L's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $41.7 Mil. Therefore, D2L's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 16.02%.
The historical rank and industry rank for D2L's Return-on-Tangible-Equity or its related term are showing as below:
DTLIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.92 Med: 6.71 Max: 60.57
Current: 17.85
During the past 8 years, D2L's highest Return-on-Tangible-Equity was 60.57%. The lowest was -37.92%. And the median was 6.71%.
DTLIF's Return-on-Tangible-Equity is ranked better than 65.06% of 2470
companies
in the Software industry
Industry Median: 8.775
vs DTLIF: 17.85
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.
D2L Return-on-Tangible-Equity Related Terms
D2L Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for D2L'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.
DTLIF vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, D2L'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.
D2L Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, D2L's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where D2L'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.02% mean?
D2L (DTLIF) has a Return-on-Tangible-Equity of 16.02% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on D2L and its competitors. This is 139% above median its historical median of 6.71. According to the industry distribution chart, D2L ranks #863 out of 2470 companies in the Software industry, placing it in the top 34.9%.
Is D2L's Return-on-Tangible-Equity too high?
D2L's current Return-on-Tangible-Equity of 16.02% is 139% above median its 10-year median of 6.71. The Software industry median Return-on-Tangible-Equity is 8.78. D2L's value of 16.02% is 82.6% above this industry median. Based on the distribution chart, D2L ranks #863 out of 2470 companies in the Software industry, which is above the industry midpoint. Overall, D2L has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does D2L's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, D2L ranks #863 out of 2470 companies for Return-on-Tangible-Equity. This puts D2L in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.78. D2L's value of 16.02% is 82.6% above this benchmark. While the company's 10-year median is 6.71 vs. the industry median of 8.78, D2L 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.78, based on 2,470 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. D2L's current Return-on-Tangible-Equity of 16.02% is 82.6% 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 D2L and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D2L's current Return-on-Tangible-Equity is 16.02%, which is 139% above median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D2L stock overvalued right now?
Based on GuruFocus' analysis, D2L (DTLIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.07, compared to a current price of $7.16 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Equity is 16.02%, which is 139% above median its 10-year median of 6.71 and 82.6% above the Software industry median of 8.78. D2L's overall GF Score™ is 69/100 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 D2L (DTLIF), the current Return-on-Tangible-Equity is 16.02% as of Apr. 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 D2L (DTLIF) Overvalued in 2026?
Based on GuruFocus' analysis, D2L stock appears to be undervalued.
The current stock price of $7.16 is trading 28.9% below its estimated GF Value™ of $10.07.
GuruFocus considers D2L to be Modestly Undervalued.
Key valuation signals for DTLIF:
Return-on-Tangible-Equity: 16.02% (139% above median its 10-year median of 6.71)
GF Value™: $10.07 vs. price of $7.16 (28.9% below fair value)
Industry Position: 82.6% above the Software median (#863 of 2470)
No single metric tells the full story. See the DTLIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave. Geographically, It operates in United States, Canada and Rest of the World, where it derives maximum revenue from United States.
69GF Score
Get the complete analysis for DTLIF
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
DTLIF has been successfully added to your 
