Evertz TechnologiesEVTZF 75 Return-on-Tangible-Equity is 34.17% as of Apr. 2026, which is 41% above its 10-year median of 24.30. GuruFocus rates EVTZF with a GF Score™ of 75/100 and a GF Value™ of $9.76 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,377 Hardware companies, Evertz Technologies ranks better than 91.96% 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. Evertz Technologies's annualized net income for the quarter that ended in Apr. 2026 was $44.0 Mil. Evertz Technologies's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $128.9 Mil. Therefore, Evertz Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 34.17%.
The historical rank and industry rank for Evertz Technologies's Return-on-Tangible-Equity or its related term are showing as below:
EVTZF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.47 Med: 24.3 Max: 30.48
Current: 29.28
During the past 13 years, Evertz Technologies's highest Return-on-Tangible-Equity was 30.48%. The lowest was 15.47%. And the median was 24.30%.
EVTZF's Return-on-Tangible-Equity is ranked better than 91.96% of 2377
companies
in the Hardware industry
Industry Median: 5.27
vs EVTZF: 29.28
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.
Evertz Technologies Return-on-Tangible-Equity Related Terms
Evertz Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Evertz Technologies'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.
EVTZF vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Evertz 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.
Evertz Technologies Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Evertz Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Evertz 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 (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 34.17% mean?
Evertz Technologies (EVTZF) has a Return-on-Tangible-Equity of 34.17% 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 Evertz Technologies and its competitors. This is 41% above median its historical median of 24.30. Over the past decade, Evertz Technologies' Return-on-Tangible-Equity has ranged from 15.47 to 30.48. According to the industry distribution chart, Evertz Technologies ranks #191 out of 2377 companies in the Hardware industry, placing it in the top 8%.
Is Evertz Technologies' Return-on-Tangible-Equity too high?
Evertz Technologies' current Return-on-Tangible-Equity of 34.17% is 41% above median its 10-year median of 24.30. Over the past 10 years, this metric has ranged from a low of 15.47 to a high of 30.48. The Hardware industry median Return-on-Tangible-Equity is 5.27. Evertz Technologies' value of 34.17% is 548.4% above this industry median. Based on the distribution chart, Evertz Technologies ranks #191 out of 2377 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Evertz Technologies has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Evertz Technologies ranks #191 out of 2377 companies for Return-on-Tangible-Equity. This places Evertz Technologies in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. Evertz Technologies' value of 34.17% is 548.4% above this benchmark. Historically, Evertz Technologies' own Return-on-Tangible-Equity has ranged from 15.47 to 30.48 over the past decade. While the company's 10-year median is 24.30 vs. the industry median of 5.27, Evertz Technologies 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,377 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. Evertz Technologies's current Return-on-Tangible-Equity of 34.17% is 548.4% 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 Evertz Technologies 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. Evertz Technologies's current Return-on-Tangible-Equity is 34.17%, which is 41% above median its own 10-year median of 24.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (EVTZF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.76, compared to a current price of $12.65 — trading 29.6% above its estimated fair value. The current Return-on-Tangible-Equity is 34.17%, which is 41% above median its 10-year median of 24.30 and 548.4% above the Hardware industry median of 5.27. Evertz Technologies' overall GF Score™ is 75/100 with 9 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 Evertz Technologies (EVTZF), the current Return-on-Tangible-Equity is 34.17% 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 Evertz Technologies (EVTZF) Overvalued in 2026?
Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued.
The current stock price of $12.65 is trading 29.6% above its estimated GF Value™ of $9.76.
GuruFocus considers Evertz Technologies to be Modestly Overvalued.
Key valuation signals for EVTZF:
Return-on-Tangible-Equity: 34.17% (41% above median its 10-year median of 24.30)
GF Value™: $9.76 vs. price of $12.65 (29.6% above fair value)
Industry Position: 548.4% above the Hardware median (#191 of 2377)
No single metric tells the full story. See the EVTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
75GF Score
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