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Elite Express HoldingETS -10.56%13 Return-on-Tangible-Equity is -69.02% as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 979 Transportation companies, Elite Express Holding ranks worse than 95.1% 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. Elite Express Holding's annualized net income for the quarter that ended in May. 2026 was $-10.13 Mil. Elite Express Holding's average shareholder tangible equity for the quarter that ended in May. 2026 was $14.68 Mil. Therefore, Elite Express Holding's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was -69.02%.
The historical rank and industry rank for Elite Express Holding's Return-on-Tangible-Equity or its related term are showing as below:
ETS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -520 Med: -277.92 Max: -35.84
Current: -40.72
During the past 3 years, Elite Express Holding's highest Return-on-Tangible-Equity was -35.84%. The lowest was -520.00%. And the median was -277.92%.
ETS's Return-on-Tangible-Equity is ranked worse than 95.1% of 979
companies
in the Transportation industry
Industry Median: 9.08
vs ETS: -40.72
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.
Elite Express Holding Return-on-Tangible-Equity Related Terms
Elite Express Holding Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Elite Express Holding'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.
ETS vs TOPP, TLSS, YGMZF: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, Elite Express Holding'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.
Elite Express Holding Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Elite Express Holding's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Elite Express Holding'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 -69.02% mean?
Elite Express Holding (ETS) has a Return-on-Tangible-Equity of -69.02% 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 Elite Express Holding and its competitors. According to the industry distribution chart, Elite Express Holding ranks #931 out of 979 companies in the Transportation industry, placing it in the top 95.1%.
Is Elite Express Holding's Return-on-Tangible-Equity too high?
Elite Express Holding's current Return-on-Tangible-Equity is -69.02%. Based on the distribution chart, Elite Express Holding ranks #931 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Elite Express Holding has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Elite Express Holding's Return-on-Tangible-Equity compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #931 out of 979 companies for Return-on-Tangible-Equity. This places Elite Express Holding in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.08. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.08, based on 979 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 Elite Express Holding and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Return-on-Tangible-Equity is -69.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Express Holding stock overvalued right now?
Elite Express Holding (ETS) has a current Return-on-Tangible-Equity of -69.02%. The current Return-on-Tangible-Equity is -69.02%. Elite Express Holding's overall GF Score™ is 13/100 with 3 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 Elite Express Holding (ETS), the current Return-on-Tangible-Equity is -69.02% 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.
Elite Express Holding Inc is a holding company that operates through its wholly owned subsidiary and specializes in last-mile delivery services within California. Its core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients doorsteps. Committed to innovation and efficiency, its mission is to optimize last-mile logistics by providing efficient, reliable delivery solutions. The company mainly competes in the route delivery industry, which has several material barriers of entry, including: Substantial time and capital investment, Technological proficiency, Regulatory barriers, Balancing service quality and cost efficiency, and Effective Management.
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