HMS Networks ABHMNKF 98 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates HMNKF with a GF Score™ of 98/100 and a GF Value™ of $60.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,376 Hardware companies, HMS Networks AB ranks better than 99.96% 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. HMS Networks AB's annualized net income for the quarter that ended in Mar. 2026 was $69.5 Mil. HMS Networks AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-127.8 Mil. Therefore, HMS Networks AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for HMS Networks AB's Return-on-Tangible-Equity or its related term are showing as below:
HMNKF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 154.24 Med: 895.29 Max: 1636.33
Current: Negative Tangible Equity
During the past 13 years, HMS Networks AB's highest Return-on-Tangible-Equity was 1,636.33%. The lowest was 154.24%. And the median was 895.29%.
HMNKF's Return-on-Tangible-Equity is ranked better than 99.96% of 2376
companies
in the Hardware industry
Industry Median: 5.265
vs HMNKF: Negative Tangible Equity
HMS Networks AB (OTCPK:HMNKF) 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.
HMS Networks AB Return-on-Tangible-Equity Related Terms
HMS Networks AB Return-on-Tangible-Equity Historical Data
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The historical data trend for HMS Networks AB'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.
HMNKF vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, HMS Networks AB'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.
HMS Networks AB Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, HMS Networks AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HMS Networks AB'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 (Mar. 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?
HMS Networks AB (HMNKF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HMS Networks AB and its competitors. Over the past decade, HMS Networks AB's Return-on-Tangible-Equity has ranged from 154.24 to 1,636.33. According to the industry distribution chart, HMS Networks AB ranks #1 out of 2376 companies in the Hardware industry, placing it in the top 0%.
Is HMS Networks AB's Return-on-Tangible-Equity too high?
HMS Networks AB's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 154.24 to a high of 1,636.33. Based on the distribution chart, HMS Networks AB ranks #1 out of 2376 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, HMS Networks AB has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HMS Networks AB's Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, HMS Networks AB ranks #1 out of 2376 companies for Return-on-Tangible-Equity. This places HMS Networks AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. Historically, HMS Networks AB's own Return-on-Tangible-Equity has ranged from 154.24 to 1,636.33 over the past decade. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,376 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 HMS Networks AB and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMS Networks AB'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 HMS Networks AB stock overvalued right now?
Based on GuruFocus' analysis, HMS Networks AB (HMNKF) is currently considered Fairly Valued. The stock's GF Value™ is $60.47, compared to a current price of $59.75 — trading 1.2% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. HMS Networks AB's overall GF Score™ is 98/100 with 3 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 HMS Networks AB (HMNKF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 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 HMS Networks AB (HMNKF) Overvalued in 2026?
Based on GuruFocus' analysis, HMS Networks AB stock appears to be undervalued.
The current stock price of $59.75 is trading 1.2% below its estimated GF Value™ of $60.47.
GuruFocus considers HMS Networks AB to be Fairly Valued.
No single metric tells the full story. See the HMNKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMS Networks AB supplies proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries, including Germany. Its operating segments include Industrial Data Solutions, Industrial Network Technology, and New Industries. The brands of the company are Anybus, Red Lion, N-Tron, Ewon, Intesis, Ixxat, Owasys, and PEAK-System.
98GF Score
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