ComputacenterHAM:COUD -1.62%70 Return-on-Tangible-Equity is 35.59% as of Dec. 2025, which is 9% above its 10-year median of 32.65. GuruFocus rates HAM:COUD with a GF Score™ of 70/100 and a GF Value™ of €43.77 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,474 Software companies, Computacenter ranks better than 74.29% 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. Computacenter's annualized net income for the quarter that ended in Dec. 2025 was €239 Mil. Computacenter's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €671 Mil. Therefore, Computacenter's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 35.59%.
The historical rank and industry rank for Computacenter's Return-on-Tangible-Equity or its related term are showing as below:
HAM:COUD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20.19 Med: 32.65 Max: 45.91
Current: 27.92
During the past 13 years, Computacenter's highest Return-on-Tangible-Equity was 45.91%. The lowest was 20.19%. And the median was 32.65%.
HAM:COUD's Return-on-Tangible-Equity is ranked better than 74.29% of 2474
companies
in the Software industry
Industry Median: 8.785
vs HAM:COUD: 27.92
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.
Computacenter Return-on-Tangible-Equity Related Terms
Computacenter Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Computacenter'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:COUD vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Computacenter'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.
Computacenter Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Computacenter's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Computacenter'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 35.59% mean?
Computacenter (HAM:COUD) has a Return-on-Tangible-Equity of 35.59% 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 Computacenter and its competitors. This is near median its historical median of 32.65. Over the past decade, Computacenter's Return-on-Tangible-Equity has ranged from 20.19 to 45.91. According to the industry distribution chart, Computacenter ranks #636 out of 2474 companies in the Software industry, placing it in the top 25.7%.
Is Computacenter's Return-on-Tangible-Equity too high?
Computacenter's current Return-on-Tangible-Equity of 35.59% is near median its 10-year median of 32.65. Over the past 10 years, this metric has ranged from a low of 20.19 to a high of 45.91. The Software industry median Return-on-Tangible-Equity is 8.79. Computacenter's value of 35.59% is 305.1% above this industry median. Based on the distribution chart, Computacenter ranks #636 out of 2474 companies in the Software industry, which is above the industry midpoint. Overall, Computacenter has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Computacenter's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Computacenter ranks #636 out of 2474 companies for Return-on-Tangible-Equity. This puts Computacenter in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.79. Computacenter's value of 35.59% is 305.1% above this benchmark. Historically, Computacenter's own Return-on-Tangible-Equity has ranged from 20.19 to 45.91 over the past decade. While the company's 10-year median is 32.65 vs. the industry median of 8.79, Computacenter 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 8.79, based on 2,474 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. Computacenter's current Return-on-Tangible-Equity of 35.59% is 305.1% 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 Computacenter and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computacenter's current Return-on-Tangible-Equity is 35.59%, which is near median its own 10-year median of 32.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computacenter stock overvalued right now?
Based on GuruFocus' analysis, Computacenter (HAM:COUD) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.77, compared to a current price of €48.40 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Equity is 35.59%, which is near median its 10-year median of 32.65 and 305.1% above the Software industry median of 8.79. Computacenter's overall GF Score™ is 70/100 with 8 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 Computacenter (HAM:COUD), the current Return-on-Tangible-Equity is 35.59% 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 Computacenter (HAM:COUD) Overvalued in 2026?
Based on GuruFocus' analysis, Computacenter stock appears to be overvalued.
The current stock price of €48.40 is trading 10.6% above its estimated GF Value™ of €43.77.
GuruFocus considers Computacenter to be Modestly Overvalued.
Key valuation signals for HAM:COUD:
Return-on-Tangible-Equity: 35.59% (near median its 10-year median of 32.65)
GF Value™: €43.77 vs. price of €48.40 (10.6% above fair value)
Industry Position: 305.1% above the Software median (#636 of 2474)
No single metric tells the full story. See the HAM:COUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Computacenter PLC is an IT infrastructure services provider that advises organizations on IT plans and manages customer infrastructure. The company offers user support, devices, applications, and data to support the customers through consulting, and the implementation and operation of networks and data center infrastructures on or off customers' premises. The company's segments include the U.K., Germany, Western Europe, North America, and International, with Germany accounting for the majority of revenue.
70GF Score
Get the complete analysis for HAM:COUD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:COUD has been successfully added to your 
