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Tick Trading Software AGFRA:TBX0 78 Return-on-Tangible-Equity is 25.95% as of Mar. 2026, which is 51% below its 10-year median of 52.46. GuruFocus rates FRA:TBX0 with a GF Score™ of 78/100 and a GF Value™ of €8.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,487 Software companies, Tick Trading Software AG ranks better than 77.2% 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. Tick Trading Software AG's annualized net income for the quarter that ended in Mar. 2026 was €1.26 Mil. Tick Trading Software AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €4.86 Mil. Therefore, Tick Trading Software AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.95%.
The historical rank and industry rank for Tick Trading Software AG's Return-on-Tangible-Equity or its related term are showing as below:
FRA:TBX0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 25.3 Med: 52.46 Max: 111.03
Current: 32.87
During the past 13 years, Tick Trading Software AG's highest Return-on-Tangible-Equity was 111.03%. The lowest was 25.30%. And the median was 52.46%.
FRA:TBX0's Return-on-Tangible-Equity is ranked better than 77.2% of 2487
companies
in the Software industry
Industry Median: 9.03
vs FRA:TBX0: 32.87
Tick Trading Software AG (FRA:TBX0) 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.
Tick Trading Software AG Return-on-Tangible-Equity Related Terms
Tick Trading Software AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tick Trading Software 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.
Tick Trading Software AG Return-on-Tangible-Equity Chart
FRA:TBX0 vs CRM, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Tick Trading Software 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.
Tick Trading Software AG Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Tick Trading Software AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tick Trading Software 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 (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 25.95% mean?
Tick Trading Software AG (FRA:TBX0) has a Return-on-Tangible-Equity of 25.95% 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 Tick Trading Software AG and its competitors. This is 51% below median its historical median of 52.46. Over the past decade, Tick Trading Software AG's Return-on-Tangible-Equity has ranged from 25.30 to 111.03. According to the industry distribution chart, Tick Trading Software AG ranks #567 out of 2487 companies in the Software industry, placing it in the top 22.8%.
Is Tick Trading Software AG's Return-on-Tangible-Equity too high?
Tick Trading Software AG's current Return-on-Tangible-Equity of 25.95% is 51% below median its 10-year median of 52.46. Over the past 10 years, this metric has ranged from a low of 25.30 to a high of 111.03. The Software industry median Return-on-Tangible-Equity is 9.03. Tick Trading Software AG's value of 25.95% is 187.4% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #567 out of 2487 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tick Trading Software AG has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's Return-on-Tangible-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #567 out of 2487 companies for Return-on-Tangible-Equity. This places Tick Trading Software AG in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.03. Tick Trading Software AG's value of 25.95% is 187.4% above this benchmark. Historically, Tick Trading Software AG's own Return-on-Tangible-Equity has ranged from 25.30 to 111.03 over the past decade. While the company's 10-year median is 52.46 vs. the industry median of 9.03, Tick Trading Software 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 9.03, based on 2,487 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. Tick Trading Software AG's current Return-on-Tangible-Equity of 25.95% is 187.4% 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 Tick Trading Software AG and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current Return-on-Tangible-Equity is 25.95%, which is 51% below median its own 10-year median of 52.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (FRA:TBX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.15, compared to a current price of €7.25 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 25.95%, which is 51% below median its 10-year median of 52.46 and 187.4% above the Software industry median of 9.03. Tick Trading Software AG's overall GF Score™ is 78/100 with 5 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 Tick Trading Software AG (FRA:TBX0), the current Return-on-Tangible-Equity is 25.95% 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.
Is Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?
Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued.
The current stock price of €7.25 is trading 11% below its estimated GF Value™ of €8.15.
GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.
Key valuation signals for FRA:TBX0:
Return-on-Tangible-Equity: 25.95% (51% below median its 10-year median of 52.46)
GF Value™: €8.15 vs. price of €7.25 (11% below fair value)
Industry Position: 187.4% above the Software median (#567 of 2487)
No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
78GF Score
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