IMPRESA SGPSFRA:IR9 +1.68%45 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates FRA:IR9 with a GF Score™ of 45/100 and a GF Value™ of €0.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 863 Media - Diversified companies, IMPRESA SGPS ranks better than 99.88% 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. IMPRESA SGPS's annualized net income for the quarter that ended in Dec. 2025 was €12.5 Mil. IMPRESA SGPS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-141.9 Mil. Therefore, IMPRESA SGPS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for IMPRESA SGPS's Return-on-Tangible-Equity or its related term are showing as below:
FRA:IR9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
FRA:IR9's Return-on-Tangible-Equity is ranked better than 99.88% of 863
companies
in the Media - Diversified industry
Industry Median: 5.46
vs FRA:IR9: 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.
IMPRESA SGPS Return-on-Tangible-Equity Related Terms
IMPRESA SGPS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IMPRESA SGPS'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:IR9 vs NXST: Return-on-Tangible-Equity Comparison
For the Broadcasting subindustry, IMPRESA SGPS'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.
IMPRESA SGPS Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, IMPRESA SGPS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IMPRESA SGPS'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 Negative Tangible Equity% mean?
IMPRESA SGPS (FRA:IR9) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 IMPRESA SGPS and its competitors. According to the industry distribution chart, IMPRESA SGPS ranks #1 out of 863 companies in the Media - Diversified industry, placing it in the top 0.099999999999994%.
Is IMPRESA SGPS's Return-on-Tangible-Equity too high?
IMPRESA SGPS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, IMPRESA SGPS ranks #1 out of 863 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, IMPRESA SGPS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IMPRESA SGPS's Return-on-Tangible-Equity compare to NXST?
According to the Media - Diversified industry distribution chart, IMPRESA SGPS ranks #1 out of 863 companies for Return-on-Tangible-Equity. This places IMPRESA SGPS in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.46. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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 IMPRESA SGPS and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMPRESA SGPS'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 IMPRESA SGPS stock overvalued right now?
Based on GuruFocus' analysis, IMPRESA SGPS (FRA:IR9) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.13, compared to a current price of €0.17 — trading 30.6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. IMPRESA SGPS's overall GF Score™ is 45/100 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 IMPRESA SGPS (FRA:IR9), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 IMPRESA SGPS (FRA:IR9) Overvalued in 2026?
Based on GuruFocus' analysis, IMPRESA SGPS stock appears to be overvalued.
The current stock price of €0.17 is trading 30.6% above its estimated GF Value™ of €0.13.
GuruFocus considers IMPRESA SGPS to be Significantly Overvalued.
No single metric tells the full story. See the FRA:IR9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IMPRESA SGPS SA, along with its subsidiaries, operates in the media sector, notably through the broadcasting of television programs and the publication of print and digital publications. The Group's reportable segments are: Television, Publishing, and Others. Maximum revenue is generated from the Television segment, which broadcasts television channels like SIC, SIC Noticias, SIC Radical, SIC Internacional, SIC Mulher, SIC K, SIC Caras, SIC Novelas, and the streaming service OPTO on free-to-air and cable television under broadcasting licenses. This segment also includes GMTS and SIC Studios. The Publishing segment publishes newspapers, books, and other publications, including the weekly newspaper, Expresso. Geographically, the majority of the Group's revenue is derived from Portugal.
45GF Score
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