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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. M4B Spolka Akcyjna's annualized net income for the quarter that ended in Jun. 2026 was €-1.86 Mil. M4B Spolka Akcyjna's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €2.68 Mil. Therefore, M4B Spolka Akcyjna's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -69.53%.
The historical rank and industry rank for M4B Spolka Akcyjna's Return-on-Tangible-Equity or its related term are showing as below:
FRA:24D'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.82 Med: 17.65 Max: 3370.37
Current: -19.82
During the past 13 years, M4B Spolka Akcyjna's highest Return-on-Tangible-Equity was 3,370.37%. The lowest was -19.82%. And the median was 17.65%.
FRA:24D's Return-on-Tangible-Equity is ranked worse than 91.07% of 2989
companies
in the Industrial Products industry
Industry Median: 7.01
vs FRA:24D: -19.82
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.
M4B Spolka Akcyjna Return-on-Tangible-Equity Related Terms
M4B Spolka Akcyjna Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M4B Spolka Akcyjna'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.
For the Business Equipment & Supplies subindustry, M4B Spolka Akcyjna'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.
M4B Spolka Akcyjna Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M4B Spolka Akcyjna'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -69.53% mean?
M4B Spolka Akcyjna (FRA:24D) has a Return-on-Tangible-Equity of -69.53% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on M4B Spolka Akcyjna and its competitors. According to the industry distribution chart, M4B Spolka Akcyjna ranks #2722 out of 2989 companies in the Industrial Products industry, placing it in the top 91.1%.
Is M4B Spolka Akcyjna's Return-on-Tangible-Equity too high?
M4B Spolka Akcyjna's current Return-on-Tangible-Equity is -69.53%. Based on the distribution chart, M4B Spolka Akcyjna ranks #2722 out of 2989 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, M4B Spolka Akcyjna has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's Return-on-Tangible-Equity compare to competitors?
According to the Industrial Products industry distribution chart, M4B Spolka Akcyjna ranks #2722 out of 2989 companies for Return-on-Tangible-Equity. This places M4B Spolka Akcyjna in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.01, based on 2,989 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 M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current Return-on-Tangible-Equity is -69.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
M4B Spolka Akcyjna (FRA:24D) has a current Return-on-Tangible-Equity of -69.53%. The stock's GF Value™ is €1.94, compared to a current price of €1.72 — trading 11.3% below its estimated fair value. The current Return-on-Tangible-Equity is -69.53%. M4B Spolka Akcyjna's overall GF Score™ is 79/100 with 2 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 M4B Spolka Akcyjna (FRA:24D), the current Return-on-Tangible-Equity is -69.53% as of Jun. 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 M4B Spolka Akcyjna (FRA:24D) Overvalued in 2026?
Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued.
The current stock price of €1.72 is trading 11.3% below its estimated GF Value™ of €1.94.
Key valuation signals for FRA:24D:
Return-on-Tangible-Equity: -69.53%
GF Value™: €1.94 vs. price of €1.72 (11.3% below fair value)
No single metric tells the full story. See the FRA:24D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
79GF Score
Get the complete analysis for FRA:24D
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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