BlackBerryHAM:RI1 -2.41%60 Return-on-Tangible-Equity is 14.87% as of May. 2026. GuruFocus rates HAM:RI1 with a GF Score™ of 60/100 and a GF Value™ of €3.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,467 Software companies, BlackBerry ranks better than 73.98% 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. BlackBerry's annualized net income for the quarter that ended in May. 2026 was €29.1 Mil. BlackBerry's average shareholder tangible equity for the quarter that ended in May. 2026 was €195.7 Mil. Therefore, BlackBerry's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 14.87%.
The historical rank and industry rank for BlackBerry's Return-on-Tangible-Equity or its related term are showing as below:
HAM:RI1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3189.6 Med: -61.51 Max: 33.86
Current: 27.35
During the past 13 years, BlackBerry's highest Return-on-Tangible-Equity was 33.86%. The lowest was -3,189.60%. And the median was -61.51%.
HAM:RI1's Return-on-Tangible-Equity is ranked better than 73.98% of 2467
companies
in the Software industry
Industry Median: 8.68
vs HAM:RI1: 27.35
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.
BlackBerry Return-on-Tangible-Equity Related Terms
BlackBerry Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BlackBerry'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:RI1 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, BlackBerry'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.
BlackBerry Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, BlackBerry's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlackBerry'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.87% mean?
BlackBerry (HAM:RI1) has a Return-on-Tangible-Equity of 14.87% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BlackBerry and its competitors. According to the industry distribution chart, BlackBerry ranks #642 out of 2467 companies in the Software industry, placing it in the top 26%.
Is BlackBerry's Return-on-Tangible-Equity too high?
BlackBerry's current Return-on-Tangible-Equity is 14.87%. The Software industry median Return-on-Tangible-Equity is 8.68. BlackBerry's value of 14.87% is 71.3% above this industry median. Based on the distribution chart, BlackBerry ranks #642 out of 2467 companies in the Software industry, which is above the industry midpoint. Overall, BlackBerry has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackBerry's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, BlackBerry ranks #642 out of 2467 companies for Return-on-Tangible-Equity. This puts BlackBerry in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.68. BlackBerry's value of 14.87% is 71.3% above this benchmark. 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 8.68, 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. BlackBerry's current Return-on-Tangible-Equity of 14.87% is 71.3% 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 BlackBerry and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackBerry's current Return-on-Tangible-Equity is 14.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackBerry stock overvalued right now?
Based on GuruFocus' analysis, BlackBerry (HAM:RI1) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.17, compared to a current price of €9.52 — trading 200.2% above its estimated fair value. The current Return-on-Tangible-Equity is 14.87% and 71.3% above the Software industry median of 8.68. BlackBerry's overall GF Score™ is 60/100 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 BlackBerry (HAM:RI1), the current Return-on-Tangible-Equity is 14.87% as of May. 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 BlackBerry (HAM:RI1) Overvalued in 2026?
Based on GuruFocus' analysis, BlackBerry stock appears to be overvalued.
The current stock price of €9.52 is trading 200.2% above its estimated GF Value™ of €3.17.
GuruFocus considers BlackBerry to be Significantly Overvalued.
Key valuation signals for HAM:RI1:
Return-on-Tangible-Equity: 14.87%
GF Value™: €3.17 vs. price of €9.52 (200.2% above fair value)
Industry Position: 71.3% above the Software median (#642 of 2467)
No single metric tells the full story. See the HAM:RI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
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