GNSS (Genasys) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


GNSS Genasys Inc GNSS
45 GF Score
Price $1.71
GF Value $3.49
Valuation Possible Value Trap
! 6 Warning Signs
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What is Genasys Return-on-Tangible-Equity?

Genasys GNSS -2.26% 45 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates GNSS with a GF Score™ of 45/100 and a GF Value™ of $3.49 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,376 Hardware companies, Genasys ranks worse than 42087.5% 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. Genasys's annualized net income for the quarter that ended in Mar. 2026 was $2.89 Mil. Genasys's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-16.29 Mil. Therefore, Genasys's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

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

During the past 13 years, Genasys's highest Return-on-Tangible-Equity was 30.59%. The lowest was -585.91%. And the median was -3.54%.

GNSS's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.265
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Genasys  (NAS:GNSS) 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.


Genasys Return-on-Tangible-Equity Related Terms


Genasys Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Genasys'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.

Genasys Return-on-Tangible-Equity Chart

Genasys 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 1.88 -54.87 -81.99 -585.91 0.00

Genasys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 Negative Tangible Equity

GNSS vs ARBE, SOTK, ODYS: Return-on-Tangible-Equity Comparison

For the Scientific & Technical Instruments subindustry, Genasys'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.


Genasys Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Genasys's Return-on-Tangible-Equity distribution charts can be found below:

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


GNSS
45GF Score
Genasys Inc GNSS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Genasys Return-on-Tangible-Equity Calculation

Genasys'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 )
=-18.112/( (-4.272+-17.43 )/ 2 )
=-18.112/-10.851
=N/A %

Genasys'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2.892/( (-17.215+-15.366)/ 2 )
=2.892/-16.2905
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Genasys (GNSS) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Genasys and its competitors. According to the industry distribution chart, Genasys ranks #999999 out of 2376 companies in the Hardware industry.
Is Genasys' Return-on-Tangible-Equity too high?
Genasys' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Genasys ranks #999999 out of 2376 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Genasys has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Genasys' Return-on-Tangible-Equity compare to ARBE and SOTK?
According to the Hardware industry distribution chart, Genasys ranks #999999 out of 2376 companies for Return-on-Tangible-Equity. This places Genasys in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.27. 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 5.27, based on 2,376 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 Genasys and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genasys's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genasys stock overvalued right now?
Based on GuruFocus' analysis, Genasys (GNSS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.49, compared to a current price of $1.71 — trading 51% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Genasys' overall GF Score™ is 45/100 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 Genasys (GNSS), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Genasys (GNSS) Overvalued in 2026?

Based on GuruFocus' analysis, Genasys stock appears to be undervalued. The current stock price of $1.71 is trading 51% below its estimated GF Value™ of $3.49. GuruFocus considers Genasys to be Possible Value Trap.

Key valuation signals for GNSS:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $3.49 vs. price of $1.71 (51% below fair value)
  • GF Score™: 45/100 with 6 warning signs

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


Genasys Business Description

Other Exchanges G66:Germany
Address 16262 West Bernardo Drive, San Diego, CA, USA, 92127
Genasys Inc is a provider of Protective Communication solutions, including Genasys Protect software platform and Long Range Acoustic Device (LRAD). Its software platform receives information from variety of sensors and Internet-of-Things (IoT) inputs to collect real-time information on developing and active emergency situations. Genasys uses this information to create and disseminate alerts, warnings, notifications, and instructions through multiple channels before, during, and after public safety and enterprise threats, critical events, and other crisis situations. The Company operates in two business segments: Hardware and Software and its markets are North and South America, Europe, Middle East and Asia. Key revenue is generated from Hardware.
45GF Score

Get the complete analysis for GNSS

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

$1.71
Price
$3.49
GF Value