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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. Bellsystem24 Holdings's annualized net income for the quarter that ended in May. 2026 was €49.1 Mil. Bellsystem24 Holdings's average shareholder tangible equity for the quarter that ended in May. 2026 was €-126.0 Mil. Therefore, Bellsystem24 Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Bellsystem24 Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:B24'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
FRA:B24's Return-on-Tangible-Equity is ranked better than 99.8% of 1009
companies
in the Business Services industry
Industry Median: 10.61
vs FRA:B24: Negative Tangible Equity
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.
Bellsystem24 Holdings Return-on-Tangible-Equity Related Terms
Bellsystem24 Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bellsystem24 Holdings'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:B24 vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Bellsystem24 Holdings'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.
Bellsystem24 Holdings Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Bellsystem24 Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bellsystem24 Holdings'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 Negative Tangible Equity% mean?
Bellsystem24 Holdings (FRA:B24) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Bellsystem24 Holdings and its competitors. According to the industry distribution chart, Bellsystem24 Holdings ranks #2 out of 1009 companies in the Business Services industry, placing it in the top 0.2%.
Is Bellsystem24 Holdings' Return-on-Tangible-Equity too high?
Bellsystem24 Holdings' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Bellsystem24 Holdings ranks #2 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bellsystem24 Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Bellsystem24 Holdings' Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Bellsystem24 Holdings ranks #2 out of 1009 companies for Return-on-Tangible-Equity. This places Bellsystem24 Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.61. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.61, based on 1,009 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 Bellsystem24 Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellsystem24 Holdings's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellsystem24 Holdings stock overvalued right now?
Bellsystem24 Holdings (FRA:B24) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is €7.49, compared to a current price of €7.25 — trading 3.2% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Bellsystem24 Holdings' overall GF Score™ is 76/100 with 4 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 Bellsystem24 Holdings (FRA:B24), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
Is Bellsystem24 Holdings (FRA:B24) Overvalued in 2026?
Based on GuruFocus' analysis, Bellsystem24 Holdings stock appears to be undervalued.
The current stock price of €7.25 is trading 3.2% below its estimated GF Value™ of €7.49.
No single metric tells the full story. See the FRA:B24 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellsystem24 Holdings Inc is a holding company engaged in the business of contact center services. The company through its subsidiaries involves in various businesses which includes formulating group strategies, control group companies and distribute group's management resources. It also operates as a specialized research organization (SRO) that supports the development of pharmaceutical products and medical equipment.
76GF Score
Get the complete analysis for FRA:B24
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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