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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. Pine Technology Holdings's annualized net income for the quarter that ended in Dec. 2025 was €-1.75 Mil. Pine Technology Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €8.29 Mil. Therefore, Pine Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -21.07%.
The historical rank and industry rank for Pine Technology Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:PNY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -228.36 Med: -26.49 Max: 77.85
Current: -24.46
During the past 13 years, Pine Technology Holdings's highest Return-on-Tangible-Equity was 77.85%. The lowest was -228.36%. And the median was -26.49%.
FRA:PNY's Return-on-Tangible-Equity is ranked worse than 89.47% of 2384
companies
in the Hardware industry
Industry Median: 5.33
vs FRA:PNY: -24.46
Pine Technology Holdings (FRA:PNY) 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.
Pine Technology Holdings Return-on-Tangible-Equity Related Terms
Pine Technology Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pine Technology 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.
Pine Technology Holdings Return-on-Tangible-Equity Chart
FRA:PNY vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison
For the Computer Hardware subindustry, Pine Technology 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.
Pine Technology Holdings Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Pine Technology Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pine Technology 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 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 -21.07% mean?
Pine Technology Holdings (FRA:PNY) has a Return-on-Tangible-Equity of -21.07% 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 Pine Technology Holdings and its competitors. According to the industry distribution chart, Pine Technology Holdings ranks #2133 out of 2384 companies in the Hardware industry, placing it in the top 89.5%.
Is Pine Technology Holdings' Return-on-Tangible-Equity too high?
Pine Technology Holdings' current Return-on-Tangible-Equity is -21.07%. Based on the distribution chart, Pine Technology Holdings ranks #2133 out of 2384 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pine Technology Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pine Technology Holdings' Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Pine Technology Holdings ranks #2133 out of 2384 companies for Return-on-Tangible-Equity. This places Pine Technology Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.33. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.33, based on 2,384 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 Pine Technology Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pine Technology Holdings's current Return-on-Tangible-Equity is -21.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pine Technology Holdings (FRA:PNY) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.02, compared to a current price of €0.03 — trading 35% above its estimated fair value. The current Return-on-Tangible-Equity is -21.07%. Pine Technology Holdings' overall GF Score™ is 43/100 with 1 warning sign 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 Pine Technology Holdings (FRA:PNY), the current Return-on-Tangible-Equity is -21.07% 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 Pine Technology Holdings (FRA:PNY) Overvalued in 2026?
Based on GuruFocus' analysis, Pine Technology Holdings stock appears to be overvalued.
The current stock price of €0.03 is trading 35% above its estimated GF Value™ of €0.02.
GuruFocus considers Pine Technology Holdings to be Significantly Overvalued.
Key valuation signals for FRA:PNY:
Return-on-Tangible-Equity: -21.07%
GF Value™: €0.02 vs. price of €0.03 (35% above fair value)
No single metric tells the full story. See the FRA:PNY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pine Technology Holdings Ltd engages in the sales of computer components, consumer electronic products, raw plastic materials, and the provision of computer software, hardware, and system development services. The Group operates through four main segments: Group's brand products, involving the manufacture and sales of video graphics cards and other computer components under its own brand; Other brand products, covering the distribution of third-party computer components and consumer electronic products; Trading business, focused on trading activities in the PRC; and Computer software, hardware, and system development services. The Other brand products segment is the primary revenue contributor. The company exports its products to the PRC and Hong Kong.
43GF Score
Get the complete analysis for FRA:PNY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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