Detection TechnologyFRA:6DT +1.52%71 Return-on-Tangible-Equity is 11.45% as of Mar. 2026, which is 28% below its 10-year median of 15.89. GuruFocus rates FRA:6DT with a GF Score™ of 71/100 and a GF Value™ of €14.21 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,379 Hardware companies, Detection Technology ranks better than 63.89% 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. Detection Technology's annualized net income for the quarter that ended in Mar. 2026 was €7.76 Mil. Detection Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €67.75 Mil. Therefore, Detection Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.45%.
The historical rank and industry rank for Detection Technology's Return-on-Tangible-Equity or its related term are showing as below:
FRA:6DT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.26 Med: 15.89 Max: 43.93
Current: 9.24
During the past 13 years, Detection Technology's highest Return-on-Tangible-Equity was 43.93%. The lowest was 7.26%. And the median was 15.89%.
FRA:6DT's Return-on-Tangible-Equity is ranked better than 63.89% of 2379
companies
in the Hardware industry
Industry Median: 5.28
vs FRA:6DT: 9.24
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.
Detection Technology Return-on-Tangible-Equity Related Terms
Detection Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Detection Technology'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.
FRA:6DT vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Detection Technology'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.
Detection Technology Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Detection Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Detection Technology'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.45% mean?
Detection Technology (FRA:6DT) has a Return-on-Tangible-Equity of 11.45% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Detection Technology and its competitors. This is 28% below median its historical median of 15.89. Over the past decade, Detection Technology's Return-on-Tangible-Equity has ranged from 7.26 to 43.93. According to the industry distribution chart, Detection Technology ranks #859 out of 2379 companies in the Hardware industry, placing it in the top 36.1%.
Is Detection Technology's Return-on-Tangible-Equity too high?
Detection Technology's current Return-on-Tangible-Equity of 11.45% is 28% below median its 10-year median of 15.89. Over the past 10 years, this metric has ranged from a low of 7.26 to a high of 43.93. The Hardware industry median Return-on-Tangible-Equity is 5.28. Detection Technology's value of 11.45% is 116.9% above this industry median. Based on the distribution chart, Detection Technology ranks #859 out of 2379 companies in the Hardware industry, which is above the industry midpoint. Overall, Detection Technology has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Detection Technology's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Detection Technology ranks #859 out of 2379 companies for Return-on-Tangible-Equity. This puts Detection Technology in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.28. Detection Technology's value of 11.45% is 116.9% above this benchmark. Historically, Detection Technology's own Return-on-Tangible-Equity has ranged from 7.26 to 43.93 over the past decade. While the company's 10-year median is 15.89 vs. the industry median of 5.28, Detection Technology 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 5.28, based on 2,379 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. Detection Technology's current Return-on-Tangible-Equity of 11.45% is 116.9% 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 Detection Technology and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Detection Technology's current Return-on-Tangible-Equity is 11.45%, which is 28% below median its own 10-year median of 15.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Detection Technology stock overvalued right now?
Based on GuruFocus' analysis, Detection Technology (FRA:6DT) is currently considered Possible Value Trap. The stock's GF Value™ is €14.21, compared to a current price of €8.00 — trading 43.7% below its estimated fair value. The current Return-on-Tangible-Equity is 11.45%, which is 28% below median its 10-year median of 15.89 and 116.9% above the Hardware industry median of 5.28. Detection Technology's overall GF Score™ is 71/100 with 8 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 Detection Technology (FRA:6DT), the current Return-on-Tangible-Equity is 11.45% as of Mar. 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 Detection Technology (FRA:6DT) Overvalued in 2026?
Based on GuruFocus' analysis, Detection Technology stock appears to be undervalued.
The current stock price of €8.00 is trading 43.7% below its estimated GF Value™ of €14.21.
GuruFocus considers Detection Technology to be Possible Value Trap.
Key valuation signals for FRA:6DT:
Return-on-Tangible-Equity: 11.45% (28% below median its 10-year median of 15.89)
GF Value™: €14.21 vs. price of €8.00 (43.7% below fair value)
Industry Position: 116.9% above the Hardware median (#859 of 2379)
No single metric tells the full story. See the FRA:6DT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography. The company operates in Finland, APAC, EMEA and Americas.
71GF Score
Get the complete analysis for FRA:6DT
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