Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
B+S Banksysteme AGFRA:DTD2 81 Return-on-Tangible-Equity is 42.28% as of Dec. 2025, which is 55% below its 10-year median of 93.74. GuruFocus rates FRA:DTD2 with a GF Score™ of 81/100 and a GF Value™ of €1.90 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,477 Software companies, B+S Banksysteme AG ranks better than 80.74% 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. B+S Banksysteme AG's annualized net income for the quarter that ended in Dec. 2025 was €1.63 Mil. B+S Banksysteme AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €3.85 Mil. Therefore, B+S Banksysteme AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 42.28%.
The historical rank and industry rank for B+S Banksysteme AG's Return-on-Tangible-Equity or its related term are showing as below:
FRA:DTD2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -61.84 Med: 93.74 Max: 107.04
Current: 41.31
During the past 13 years, B+S Banksysteme AG's highest Return-on-Tangible-Equity was 107.04%. The lowest was -61.84%. And the median was 93.74%.
FRA:DTD2's Return-on-Tangible-Equity is ranked better than 80.74% of 2477
companies
in the Software industry
Industry Median: 8.83
vs FRA:DTD2: 41.31
B+S Banksysteme AG (FRA:DTD2) Return-on-Tangible-Equity Explanation
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.
B+S Banksysteme AG Return-on-Tangible-Equity Related Terms
B+S Banksysteme AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for B+S Banksysteme AG'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.
B+S Banksysteme AG Return-on-Tangible-Equity Chart
FRA:DTD2 vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, B+S Banksysteme AG'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.
B+S Banksysteme AG Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, B+S Banksysteme AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where B+S Banksysteme AG'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 42.28% mean?
B+S Banksysteme AG (FRA:DTD2) has a Return-on-Tangible-Equity of 42.28% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on B+S Banksysteme AG and its competitors. This is 55% below median its historical median of 93.74. According to the industry distribution chart, B+S Banksysteme AG ranks #477 out of 2477 companies in the Software industry, placing it in the top 19.3%.
Is B+S Banksysteme AG's Return-on-Tangible-Equity too high?
B+S Banksysteme AG's current Return-on-Tangible-Equity of 42.28% is 55% below median its 10-year median of 93.74. The Software industry median Return-on-Tangible-Equity is 8.83. B+S Banksysteme AG's value of 42.28% is 378.8% above this industry median. Based on the distribution chart, B+S Banksysteme AG ranks #477 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, B+S Banksysteme AG has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B+S Banksysteme AG's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, B+S Banksysteme AG ranks #477 out of 2477 companies for Return-on-Tangible-Equity. This places B+S Banksysteme AG in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. B+S Banksysteme AG's value of 42.28% is 378.8% above this benchmark. While the company's 10-year median is 93.74 vs. the industry median of 8.83, B+S Banksysteme AG 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. B+S Banksysteme AG's current Return-on-Tangible-Equity of 42.28% is 378.8% 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 B+S Banksysteme AG and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B+S Banksysteme AG's current Return-on-Tangible-Equity is 42.28%, which is 55% below median its own 10-year median of 93.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B+S Banksysteme AG stock overvalued right now?
Based on GuruFocus' analysis, B+S Banksysteme AG (FRA:DTD2) is currently considered Fairly Valued. The stock's GF Value™ is €1.90, compared to a current price of €1.90 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is 42.28%, which is 55% below median its 10-year median of 93.74 and 378.8% above the Software industry median of 8.83. B+S Banksysteme AG's overall GF Score™ is 81/100 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 B+S Banksysteme AG (FRA:DTD2), the current Return-on-Tangible-Equity is 42.28% as of Dec. 2025. 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 B+S Banksysteme AG (FRA:DTD2) Overvalued in 2026?
Based on GuruFocus' analysis, B+S Banksysteme AG stock appears to be undervalued.
The current stock price of €1.90 is trading 0% below its estimated GF Value™ of €1.90.
GuruFocus considers B+S Banksysteme AG to be Fairly Valued.
Key valuation signals for FRA:DTD2:
Return-on-Tangible-Equity: 42.28% (55% below median its 10-year median of 93.74)
GF Value™: €1.90 vs. price of €1.90 (0% below fair value)
Industry Position: 378.8% above the Software median (#477 of 2477)
No single metric tells the full story. See the FRA:DTD2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B+S Banksysteme AG develops and markets software solutions for the completion of financial transactions with banks, savings banks, and industrial enterprises. It is engaged in the creation and development of its own programs for data processing, duplication, licensing, and distribution as well as consulting for companies. The company's headquarters have been in Munich with further locations in Austria (Salzburg) and Switzerland (Canton Bern).
81GF Score
Get the complete analysis for FRA:DTD2
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:DTD2 has been successfully added to your 
