Centrotherm international AGHAM:CTNK 62 Return-on-Tangible-Equity is 15.30% as of Dec. 2025, which is 25% below its 10-year median of 20.48. GuruFocus rates HAM:CTNK with a GF Score™ of 62/100 and a GF Value™ of €5.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 984 Semiconductors companies, Centrotherm international AG ranks better than 78.05% 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. Centrotherm international AG's annualized net income for the quarter that ended in Dec. 2025 was €18.6 Mil. Centrotherm international AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €121.9 Mil. Therefore, Centrotherm international AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.30%.
The historical rank and industry rank for Centrotherm international AG's Return-on-Tangible-Equity or its related term are showing as below:
HAM:CTNK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.8 Med: 20.48 Max: 31.88
Current: 16.37
During the past 13 years, Centrotherm international AG's highest Return-on-Tangible-Equity was 31.88%. The lowest was -33.80%. And the median was 20.48%.
HAM:CTNK's Return-on-Tangible-Equity is ranked better than 78.05% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs HAM:CTNK: 16.37
Centrotherm international AG (HAM:CTNK) 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.
Centrotherm international AG Return-on-Tangible-Equity Related Terms
Centrotherm international AG Return-on-Tangible-Equity Historical Data
* 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.
Centrotherm international AG Return-on-Tangible-Equity Chart
HAM:CTNK vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Centrotherm international 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.
Centrotherm international AG Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Centrotherm international AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Centrotherm international 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 (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 15.30% mean?
Centrotherm international AG (HAM:CTNK) has a Return-on-Tangible-Equity of 15.30% 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 Centrotherm international AG and its competitors. This is 25% below median its historical median of 20.48. According to the industry distribution chart, Centrotherm international AG ranks #216 out of 984 companies in the Semiconductors industry, placing it in the top 22%.
Is Centrotherm international AG's Return-on-Tangible-Equity too high?
Centrotherm international AG's current Return-on-Tangible-Equity of 15.30% is 25% below median its 10-year median of 20.48. The Semiconductors industry median Return-on-Tangible-Equity is 5.24. Centrotherm international AG's value of 15.30% is 192% above this industry median. Based on the distribution chart, Centrotherm international AG ranks #216 out of 984 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Centrotherm international AG has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centrotherm international AG's Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Centrotherm international AG ranks #216 out of 984 companies for Return-on-Tangible-Equity. This places Centrotherm international AG in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Centrotherm international AG's value of 15.30% is 192% above this benchmark. While the company's 10-year median is 20.48 vs. the industry median of 5.24, Centrotherm international 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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. Centrotherm international AG's current Return-on-Tangible-Equity of 15.30% is 192% 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 Centrotherm international AG and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrotherm international AG's current Return-on-Tangible-Equity is 15.30%, which is 25% below median its own 10-year median of 20.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrotherm international AG stock overvalued right now?
Based on GuruFocus' analysis, Centrotherm international AG (HAM:CTNK) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.91, compared to a current price of €9.30 — trading 57.4% above its estimated fair value. The current Return-on-Tangible-Equity is 15.30%, which is 25% below median its 10-year median of 20.48 and 192% above the Semiconductors industry median of 5.24. Centrotherm international AG's overall GF Score™ is 62/100 with 2 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 Centrotherm international AG (HAM:CTNK), the current Return-on-Tangible-Equity is 15.30% 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 Centrotherm international AG (HAM:CTNK) Overvalued in 2026?
Based on GuruFocus' analysis, Centrotherm international AG stock appears to be overvalued.
The current stock price of €9.30 is trading 57.4% above its estimated GF Value™ of €5.91.
GuruFocus considers Centrotherm international AG to be Significantly Overvalued.
Key valuation signals for HAM:CTNK:
Return-on-Tangible-Equity: 15.30% (25% below median its 10-year median of 20.48)
GF Value™: €5.91 vs. price of €9.30 (57.4% above fair value)
Industry Position: 192% above the Semiconductors median (#216 of 984)
No single metric tells the full story. See the HAM:CTNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centrotherm international AG provides manufacturing solutions for the photovoltaic, semiconductor and microelectronics industry. The company operates in three segments: Silicon and Wafer, Solar Cell and Module (including Semiconductors and Microelectronics) and Thin Film Module. Silicon and Wafer segment offers planning, technology and engineering services for the design and process optimization of polysilicon, ingot and wafer manufacturing. Solar Cell and Module segment is engaged in the development and sales of production lines for the manufacture of crystalline solar cells, including engineering and technological process services. The Thin Film Module, the company provides development and sales of production lines for CIGS (Copper Indium Gallium Diselenide) thin film modules.
62GF Score
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