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Ingles MarketsIMKTA -1.68%68 Return-on-Tangible-Equity is 6.19% as of Jun. 2026, which is 57% below its 10-year median of 14.24. GuruFocus rates IMKTA with a GF Score™ of 68/100 and a GF Value™ of $70.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 298 Retail - Defensive companies, Ingles Markets ranks worse than 65.1% 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. Ingles Markets's annualized net income for the quarter that ended in Jun. 2026 was $104 Mil. Ingles Markets's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $1,673 Mil. Therefore, Ingles Markets's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 6.19%.
The historical rank and industry rank for Ingles Markets's Return-on-Tangible-Equity or its related term are showing as below:
IMKTA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.29 Med: 14.24 Max: 27.71
Current: 6.34
During the past 13 years, Ingles Markets's highest Return-on-Tangible-Equity was 27.71%. The lowest was 5.29%. And the median was 14.24%.
IMKTA's Return-on-Tangible-Equity is ranked worse than 65.1% of 298
companies
in the Retail - Defensive industry
Industry Median: 11.115
vs IMKTA: 6.34
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.
Ingles Markets Return-on-Tangible-Equity Related Terms
Ingles Markets Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ingles Markets'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.
IMKTA vs WMK, GO, NGVC: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, Ingles Markets'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.
Ingles Markets Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ingles Markets'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.19% mean?
Ingles Markets (IMKTA) has a Return-on-Tangible-Equity of 6.19% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ingles Markets and its competitors. This is 57% below median its historical median of 14.24. Over the past decade, Ingles Markets' Return-on-Tangible-Equity has ranged from 5.29 to 27.71. According to the industry distribution chart, Ingles Markets ranks #194 out of 298 companies in the Retail - Defensive industry, placing it in the top 65.1%.
Is Ingles Markets' Return-on-Tangible-Equity too high?
Ingles Markets' current Return-on-Tangible-Equity of 6.19% is 57% below median its 10-year median of 14.24. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 27.71. The Retail - Defensive industry median Return-on-Tangible-Equity is 11.12. Ingles Markets' value of 6.19% is 44.3% below this industry median. Based on the distribution chart, Ingles Markets ranks #194 out of 298 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Ingles Markets has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingles Markets' Return-on-Tangible-Equity compare to WMK and GO?
According to the Retail - Defensive industry distribution chart, Ingles Markets ranks #194 out of 298 companies for Return-on-Tangible-Equity. This places Ingles Markets in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.12. Ingles Markets' value of 6.19% is 44.3% below this benchmark. Historically, Ingles Markets' own Return-on-Tangible-Equity has ranged from 5.29 to 27.71 over the past decade. While the company's 10-year median is 14.24 vs. the industry median of 11.12, Ingles Markets 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 11.12, based on 298 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. Ingles Markets's current Return-on-Tangible-Equity of 6.19% is 44.3% 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 Ingles Markets and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 11.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingles Markets's current Return-on-Tangible-Equity is 6.19%, which is 57% below median its own 10-year median of 14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingles Markets stock overvalued right now?
Based on GuruFocus' analysis, Ingles Markets (IMKTA) is currently considered Modestly Overvalued. The stock's GF Value™ is $70.09, compared to a current price of $86.96 — trading 24.1% above its estimated fair value. The current Return-on-Tangible-Equity is 6.19%, which is 57% below median its 10-year median of 14.24 and 44.3% below the Retail - Defensive industry median of 11.12. Ingles Markets' overall GF Score™ is 68/100 with 7 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 Ingles Markets (IMKTA), the current Return-on-Tangible-Equity is 6.19% as of Jun. 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 Ingles Markets (IMKTA) Overvalued in 2026?
Based on GuruFocus' analysis, Ingles Markets stock appears to be overvalued.
The current stock price of $86.96 is trading 24.1% above its estimated GF Value™ of $70.09.
GuruFocus considers Ingles Markets to be Modestly Overvalued.
Key valuation signals for IMKTA:
Return-on-Tangible-Equity: 6.19% (57% below median its 10-year median of 14.24)
GF Value™: $70.09 vs. price of $86.96 (24.1% above fair value)
Industry Position: 44.3% below the Retail - Defensive median (#194 of 298)
No single metric tells the full story. See the IMKTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
68GF Score
Get the complete analysis for IMKTA
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