Easy Software AGHAM:ESY -1.90%62 Return-on-Tangible-Equity is 2.03% as of Dec. 2025, which is 49% below its 10-year median of 3.96. GuruFocus rates HAM:ESY with a GF Score™ of 62/100 and a GF Value™ of €16.11 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,466 Software companies, Easy Software AG ranks worse than 63.5% 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. Easy Software AG's annualized net income for the quarter that ended in Dec. 2025 was €0.39 Mil. Easy Software AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €19.39 Mil. Therefore, Easy Software AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.03%.
The historical rank and industry rank for Easy Software AG's Return-on-Tangible-Equity or its related term are showing as below:
HAM:ESY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -133.19 Med: 3.96 Max: 37.82
Current: 2.03
During the past 13 years, Easy Software AG's highest Return-on-Tangible-Equity was 37.82%. The lowest was -133.19%. And the median was 3.96%.
HAM:ESY's Return-on-Tangible-Equity is ranked worse than 63.5% of 2466
companies
in the Software industry
Industry Median: 8.67
vs HAM:ESY: 2.03
Easy Software AG (HAM:ESY) 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.
Easy Software AG Return-on-Tangible-Equity Related Terms
Easy Software AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Easy Software AG'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:ESY vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Easy Software 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.
Easy Software AG Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Easy Software AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Easy Software 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 one times the 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 2.03% mean?
Easy Software AG (HAM:ESY) has a Return-on-Tangible-Equity of 2.03% 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 Easy Software AG and its competitors. This is 49% below median its historical median of 3.96. According to the industry distribution chart, Easy Software AG ranks #1566 out of 2466 companies in the Software industry, placing it in the top 63.5%.
Is Easy Software AG's Return-on-Tangible-Equity too high?
Easy Software AG's current Return-on-Tangible-Equity of 2.03% is 49% below median its 10-year median of 3.96. The Software industry median Return-on-Tangible-Equity is 8.67. Easy Software AG's value of 2.03% is 76.6% below this industry median. Based on the distribution chart, Easy Software AG ranks #1566 out of 2466 companies in the Software industry, which is below the industry midpoint. Overall, Easy Software AG has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Easy Software AG's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Easy Software AG ranks #1566 out of 2466 companies for Return-on-Tangible-Equity. This places Easy Software AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.67. Easy Software AG's value of 2.03% is 76.6% below this benchmark. While the company's 10-year median is 3.96 vs. the industry median of 8.67, Easy Software AG has consistently been below 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 8.67, based on 2,466 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. Easy Software AG's current Return-on-Tangible-Equity of 2.03% is 76.6% below 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 Easy Software AG and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Easy Software AG's current Return-on-Tangible-Equity is 2.03%, which is 49% below median its own 10-year median of 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easy Software AG stock overvalued right now?
Based on GuruFocus' analysis, Easy Software AG (HAM:ESY) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.11, compared to a current price of €20.60 — trading 27.9% above its estimated fair value. The current Return-on-Tangible-Equity is 2.03%, which is 49% below median its 10-year median of 3.96 and 76.6% below the Software industry median of 8.67. Easy Software AG's overall GF Score™ is 62/100 with 9 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 Easy Software AG (HAM:ESY), the current Return-on-Tangible-Equity is 2.03% 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 Easy Software AG (HAM:ESY) Overvalued in 2026?
Based on GuruFocus' analysis, Easy Software AG stock appears to be overvalued.
The current stock price of €20.60 is trading 27.9% above its estimated GF Value™ of €16.11.
GuruFocus considers Easy Software AG to be Modestly Overvalued.
Key valuation signals for HAM:ESY:
Return-on-Tangible-Equity: 2.03% (49% below median its 10-year median of 3.96)
GF Value™: €16.11 vs. price of €20.60 (27.9% above fair value)
Industry Position: 76.6% below the Software median (#1566 of 2466)
No single metric tells the full story. See the HAM:ESY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Easy Software AG is a developer and provider of software solutions for electronic document management and enterprise content management. It provides solutions for revision-proof document and data archiving for all relevant documents and records.
62GF Score
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