Image Scan Holdings (FRA:LWN) Return-on-Tangible-Equity: 13.24% (As of Mar. 2026) — 25% Above Median


What is Image Scan Holdings Return-on-Tangible-Equity?

Image Scan Holdings FRA:LWN +24.00% Return-on-Tangible-Equity is 13.24% as of Mar. 2026, which is 25% above its 10-year median of 10.59. The stock has 6 warning signs investors should review. Among 1,009 Business Services companies, Image Scan Holdings ranks better than 68.88% 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. Image Scan Holdings's annualized net income for the quarter that ended in Mar. 2026 was €0.17 Mil. Image Scan Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1.31 Mil. Therefore, Image Scan Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.24%.

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

FRA:LWN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.79   Med: 10.59   Max: 45.29
Current: 20.25

During the past 13 years, Image Scan Holdings's highest Return-on-Tangible-Equity was 45.29%. The lowest was -25.79%. And the median was 10.59%.

FRA:LWN's Return-on-Tangible-Equity is ranked better than
68.88% of 1009 companies
in the Business Services industry
Industry Median: 10.56 vs FRA:LWN: 20.25

Image Scan Holdings  (FRA:LWN) 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.


Image Scan Holdings Return-on-Tangible-Equity Related Terms


Image Scan Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Image Scan 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.

Image Scan Holdings Return-on-Tangible-Equity Chart

Image Scan Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.83 -20.13 10.77 16.29 -22.56

Image Scan Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.97 57.59 -76.74 27.18 13.24

FRA:LWN vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison

For the Security & Protection Services subindustry, Image Scan 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.


Image Scan Holdings Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Image Scan Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Image Scan Holdings's Return-on-Tangible-Equity falls into.



Image Scan Holdings Return-on-Tangible-Equity Calculation

Image Scan Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-0.332/( (1.652+1.291 )/ 2 )
=-0.332/1.4715
=-22.56 %

Image Scan Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=0.174/( (1.291+1.337)/ 2 )
=0.174/1.314
=13.24 %

* 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 (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 13.24% mean?
Image Scan Holdings (FRA:LWN) has a Return-on-Tangible-Equity of 13.24% 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 Image Scan Holdings and its competitors. This is 25% above median its historical median of 10.59. According to the industry distribution chart, Image Scan Holdings ranks #314 out of 1009 companies in the Business Services industry, placing it in the top 31.1%.
Is Image Scan Holdings' Return-on-Tangible-Equity too high?
Image Scan Holdings' current Return-on-Tangible-Equity of 13.24% is 25% above median its 10-year median of 10.59. The Business Services industry median Return-on-Tangible-Equity is 10.56. Image Scan Holdings' value of 13.24% is 25.4% above this industry median. Based on the distribution chart, Image Scan Holdings ranks #314 out of 1009 companies in the Business Services industry, which is above the industry midpoint.
How does Image Scan Holdings' Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Image Scan Holdings ranks #314 out of 1009 companies for Return-on-Tangible-Equity. This puts Image Scan Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.56. Image Scan Holdings' value of 13.24% is 25.4% above this benchmark. While the company's 10-year median is 10.59 vs. the industry median of 10.56, Image Scan Holdings 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.56, 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. Image Scan Holdings's current Return-on-Tangible-Equity of 13.24% is 25.4% 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 Image Scan Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Scan Holdings's current Return-on-Tangible-Equity is 13.24%, which is 25% above median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Scan Holdings stock overvalued right now?
Image Scan Holdings (FRA:LWN) has a current Return-on-Tangible-Equity of 13.24%. The current Return-on-Tangible-Equity is 13.24%, which is 25% above median its 10-year median of 10.59 and 25.4% above the Business Services industry median of 10.56. 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 Image Scan Holdings (FRA:LWN), the current Return-on-Tangible-Equity is 13.24% 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.

Image Scan Holdings Business Description

Other Exchanges IGE:UK
Address Sileby Road, 16-18 Hayhill Industrial Estate, Loughborough, Barrow-upon-Soar, Leicestershire, GBR, LE12 8LD
Image Scan Holdings PLC is principally engaged in the development and sale of portable X-ray systems for security and counter-terrorism applications. Additionally, it also manufactures industrial X-ray inspection systems. The company offers a range of portable, rapid deployment, and static security solutions to several security sectors, including government and private security organisations. It serves police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, corporate headquarters, mail rooms, and operators of stadiums and events. The company derives revenue from the sale of its equipment. Geographically, it generates the majority of revenue from the United Kingdom.