Saf TehnikaFRA:VTZ +0.47%63 Return-on-Tangible-Equity is 49.94% as of Mar. 2026, which is 673% above its 10-year median of 6.46. GuruFocus rates FRA:VTZ with a GF Score™ of 63/100 and a GF Value™ of €8.77 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,379 Hardware companies, Saf Tehnika ranks better than 91.93% 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. Saf Tehnika's annualized net income for the quarter that ended in Mar. 2026 was €9.89 Mil. Saf Tehnika's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €19.80 Mil. Therefore, Saf Tehnika's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 49.94%.
The historical rank and industry rank for Saf Tehnika's Return-on-Tangible-Equity or its related term are showing as below:
FRA:VTZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.83 Med: 6.46 Max: 40.83
Current: 28.77
During the past 13 years, Saf Tehnika's highest Return-on-Tangible-Equity was 40.83%. The lowest was -13.83%. And the median was 6.46%.
FRA:VTZ's Return-on-Tangible-Equity is ranked better than 91.93% of 2379
companies
in the Hardware industry
Industry Median: 5.26
vs FRA:VTZ: 28.77
Saf Tehnika (FRA:VTZ) 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.
Saf Tehnika Return-on-Tangible-Equity Related Terms
Saf Tehnika Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Saf Tehnika'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:VTZ vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Saf Tehnika'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.
Saf Tehnika Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Saf Tehnika's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Saf Tehnika'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 four times the quarterly (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 49.94% mean?
Saf Tehnika (FRA:VTZ) has a Return-on-Tangible-Equity of 49.94% 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 Saf Tehnika and its competitors. This is 673% above median its historical median of 6.46. According to the industry distribution chart, Saf Tehnika ranks #192 out of 2379 companies in the Hardware industry, placing it in the top 8.1%.
Is Saf Tehnika's Return-on-Tangible-Equity too high?
Saf Tehnika's current Return-on-Tangible-Equity of 49.94% is 673% above median its 10-year median of 6.46. The Hardware industry median Return-on-Tangible-Equity is 5.26. Saf Tehnika's value of 49.94% is 849.4% above this industry median. Based on the distribution chart, Saf Tehnika ranks #192 out of 2379 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Saf Tehnika has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saf Tehnika's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Saf Tehnika ranks #192 out of 2379 companies for Return-on-Tangible-Equity. This places Saf Tehnika in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.26. Saf Tehnika's value of 49.94% is 849.4% above this benchmark. While the company's 10-year median is 6.46 vs. the industry median of 5.26, Saf Tehnika 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.26, based on 2,379 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. Saf Tehnika's current Return-on-Tangible-Equity of 49.94% is 849.4% 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 Saf Tehnika and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saf Tehnika's current Return-on-Tangible-Equity is 49.94%, which is 673% above median its own 10-year median of 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saf Tehnika stock overvalued right now?
Based on GuruFocus' analysis, Saf Tehnika (FRA:VTZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.77, compared to a current price of €10.60 — trading 20.9% above its estimated fair value. The current Return-on-Tangible-Equity is 49.94%, which is 673% above median its 10-year median of 6.46 and 849.4% above the Hardware industry median of 5.26. Saf Tehnika's overall GF Score™ is 63/100 with 6 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 Saf Tehnika (FRA:VTZ), the current Return-on-Tangible-Equity is 49.94% 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 Saf Tehnika (FRA:VTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Saf Tehnika stock appears to be overvalued.
The current stock price of €10.60 is trading 20.9% above its estimated GF Value™ of €8.77.
GuruFocus considers Saf Tehnika to be Modestly Overvalued.
Key valuation signals for FRA:VTZ:
Return-on-Tangible-Equity: 49.94% (673% above median its 10-year median of 6.46)
GF Value™: €8.77 vs. price of €10.60 (20.9% above fair value)
Industry Position: 849.4% above the Hardware median (#192 of 2379)
No single metric tells the full story. See the FRA:VTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saf Tehnika and its subsidiaries are engaged in the design, production, and distribution of microwave radio data transmission equipment thus offering an alternative to cable channels. The company offers products to mobile network operators, data service providers such as Internet service providers and telecommunications companies, as well as state institutions and private companies. The company also sells antennas, cables, OEM products, and other accessories purchased from other suppliers, as another structural unit. The company's segments are; CFIP, Integra, Spectrum, Compact, Aranet; and Other. It sells its product in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East, of which key sales revenue is generated from North and South America.
63GF Score
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