AutodeskHAM:AUD +1.21%86 Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 2026. GuruFocus rates HAM:AUD with a GF Score™ of 86/100 and a GF Value™ of €299.86 (Significantly Undervalued). Among 2,467 Software companies, Autodesk ranks better than 99.92% 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. Autodesk's annualized net income for the quarter that ended in Apr. 2026 was €1,679 Mil. Autodesk's average shareholder tangible equity for the quarter that ended in Apr. 2026 was €-1,415 Mil. Therefore, Autodesk's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Autodesk's Return-on-Tangible-Equity or its related term are showing as below:
HAM:AUD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
HAM:AUD's Return-on-Tangible-Equity is ranked better than 99.92% of 2467
companies
in the Software industry
Industry Median: 8.82
vs HAM:AUD: Negative Tangible Equity
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.
Autodesk Return-on-Tangible-Equity Related Terms
Autodesk Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Autodesk'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.
HAM:AUD vs PAYX, ROP, WDAY: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Autodesk'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.
Autodesk Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Autodesk's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Autodesk'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 (Apr. 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?
Autodesk (HAM:AUD) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Autodesk and its competitors. According to the industry distribution chart, Autodesk ranks #2 out of 2467 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Autodesk's Return-on-Tangible-Equity too high?
Autodesk's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Autodesk ranks #2 out of 2467 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Autodesk has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Autodesk's Return-on-Tangible-Equity compare to PAYX and ROP?
According to the Software industry distribution chart, Autodesk ranks #2 out of 2467 companies for Return-on-Tangible-Equity. This places Autodesk in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.82. 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 8.82, based on 2,467 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 Autodesk and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Autodesk'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 Autodesk stock overvalued right now?
Based on GuruFocus' analysis, Autodesk (HAM:AUD) is currently considered Significantly Undervalued. The stock's GF Value™ is €299.86, compared to a current price of €182.44 — trading 39.2% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Autodesk's overall GF Score™ is 86/100. 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 Autodesk (HAM:AUD), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 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 Autodesk (HAM:AUD) Overvalued in 2026?
Based on GuruFocus' analysis, Autodesk stock appears to be undervalued.
The current stock price of €182.44 is trading 39.2% below its estimated GF Value™ of €299.86.
GuruFocus considers Autodesk to be Significantly Undervalued.
No single metric tells the full story. See the HAM:AUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1982, Autodesk is a multinational software company best known for pioneering computer-aided design, or CAD, with its AutoCAD product. Nowadays, Autodesk provides design software for a variety of verticals, including architecture & construction, manufacturing, and media & entertainment. Autodesk products have been used in some of the world's most iconic landmarks, like Burj Khalifa, and well-known movie titles like Avatar.
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