learnd SE (FRA:LRND) Return-on-Tangible-Equity: 2,610.05% (As of Dec. 2025)


FRA:LRND learnd SE FRA:LRND
37 GF Score
Price €2.02
GF Value €0.79
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is learnd SE Return-on-Tangible-Equity?

learnd SE FRA:LRND 37 Return-on-Tangible-Equity is 2,610.05% as of Dec. 2025. GuruFocus rates FRA:LRND with a GF Score™ of 37/100 and a GF Value™ of €0.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 483 Diversified Financial Services companies, learnd SE ranks better than 99.79% 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. learnd SE's annualized net income for the quarter that ended in Dec. 2025 was €38.97 Mil. learnd SE's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1.49 Mil. Therefore, learnd SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2,610.05%.

The historical rank and industry rank for learnd SE's Return-on-Tangible-Equity or its related term are showing as below:

FRA:LRND' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

FRA:LRND's Return-on-Tangible-Equity is ranked better than
99.79% of 483 companies
in the Diversified Financial Services industry
Industry Median: 1.7 vs FRA:LRND: Negative Tangible Equity

learnd SE  (FRA:LRND) 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.


learnd SE Return-on-Tangible-Equity Related Terms


learnd SE Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for learnd SE'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.

learnd SE Return-on-Tangible-Equity Chart

learnd SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
0.00 0.00 0.00 Negative Tangible Equity Negative Tangible Equity

learnd SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 0.00 Negative Tangible Equity 0.00 Negative Tangible Equity 2,610.05

FRA:LRND vs XXI, CCXI, DMII: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, learnd SE'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.


learnd SE Return-on-Tangible-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, learnd SE's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where learnd SE's Return-on-Tangible-Equity falls into.


FRA:LRND
37GF Score
learnd SE FRA:LRND
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

learnd SE Return-on-Tangible-Equity Calculation

learnd SE's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=24.261/( (-25.853+23.035 )/ 2 )
=24.261/-1.409
=Negative Tangible Equity %

learnd SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=38.968/( (-20.049+23.035)/ 2 )
=38.968/1.493
=2,610.05 %

* 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 2,610.05% mean?
learnd SE (FRA:LRND) has a Return-on-Tangible-Equity of 2,610.05% 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 learnd SE and its competitors. According to the industry distribution chart, learnd SE ranks #1 out of 483 companies in the Diversified Financial Services industry, placing it in the top 0.2%.
Is learnd SE's Return-on-Tangible-Equity too high?
learnd SE's current Return-on-Tangible-Equity is 2,610.05%. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.70. learnd SE's value of 2,610.05% is 153432.4% above this industry median. Based on the distribution chart, learnd SE ranks #1 out of 483 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, learnd SE has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does learnd SE's Return-on-Tangible-Equity compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, learnd SE ranks #1 out of 483 companies for Return-on-Tangible-Equity. This places learnd SE in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.70. learnd SE's value of 2,610.05% is 153432.4% above this benchmark. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.70, based on 483 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. learnd SE's current Return-on-Tangible-Equity of 2,610.05% is 153432.4% 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 learnd SE and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. learnd SE's current Return-on-Tangible-Equity is 2,610.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is learnd SE stock overvalued right now?
Based on GuruFocus' analysis, learnd SE (FRA:LRND) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.79, compared to a current price of €2.02 — trading 155.7% above its estimated fair value. The current Return-on-Tangible-Equity is 2,610.05% and 153432.4% above the Diversified Financial Services industry median of 1.70. learnd SE's overall GF Score™ is 37/100 with 3 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 learnd SE (FRA:LRND), the current Return-on-Tangible-Equity is 2,610.05% 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 learnd SE (FRA:LRND) Overvalued in 2026?

Based on GuruFocus' analysis, learnd SE stock appears to be overvalued. The current stock price of €2.02 is trading 155.7% above its estimated GF Value™ of €0.79. GuruFocus considers learnd SE to be Significantly Overvalued.

Key valuation signals for FRA:LRND:

  • Return-on-Tangible-Equity: 2,610.05%
  • GF Value™: €0.79 vs. price of €2.02 (155.7% above fair value)
  • GF Score™: 37/100 with 3 warning signs
  • Industry Position: 153432.4% above the Diversified Financial Services median (#1 of 483)

No single metric tells the full story. See the FRA:LRND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


learnd SE Business Description

Other Exchanges LRND:Germany
Address 5, Heienhaff, Senningerberg, Luxembourg, LUX, L-1736
learnd SE is engaged in the design, installation, service and maintenance of Building Management Systems (BMS) and Building Energy Management Systems, and the provision of associated bureau services.
37GF Score

Get the complete analysis for FRA:LRND

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.02
Price
€0.79
GF Value