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AdvtechJSE:ADH +1.79%85 Return-on-Tangible-Equity is 28.09% as of Dec. 2025, which is 1% above its 10-year median of 27.82. GuruFocus rates JSE:ADH with a GF Score™ of 85/100 and a GF Value™ of R35.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 246 Education companies, Advtech ranks better than 71.54% 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. Advtech's annualized net income for the quarter that ended in Dec. 2025 was R1,335 Mil. Advtech's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R4,754 Mil. Therefore, Advtech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 28.09%.
The historical rank and industry rank for Advtech's Return-on-Tangible-Equity or its related term are showing as below:
JSE:ADH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.4 Med: 27.82 Max: 35.18
Current: 27.89
During the past 13 years, Advtech's highest Return-on-Tangible-Equity was 35.18%. The lowest was 24.40%. And the median was 27.82%.
JSE:ADH's Return-on-Tangible-Equity is ranked better than 71.54% of 246
companies
in the Education industry
Industry Median: 11.685
vs JSE:ADH: 27.89
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.
Advtech Return-on-Tangible-Equity Related Terms
Advtech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Advtech'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.
JSE:ADH vs EDU, TAL, LAUR: Return-on-Tangible-Equity Comparison
For the Education & Training Services subindustry, Advtech'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.
Advtech Return-on-Tangible-Equity vs Education Industry
For the Education industry and Consumer Defensive sector, Advtech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Advtech'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 28.09% mean?
Advtech (JSE:ADH) has a Return-on-Tangible-Equity of 28.09% 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 Advtech and its competitors. This is near median its historical median of 27.82. Over the past decade, Advtech's Return-on-Tangible-Equity has ranged from 24.40 to 35.18. According to the industry distribution chart, Advtech ranks #70 out of 246 companies in the Education industry, placing it in the top 28.5%.
Is Advtech's Return-on-Tangible-Equity too high?
Advtech's current Return-on-Tangible-Equity of 28.09% is near median its 10-year median of 27.82. Over the past 10 years, this metric has ranged from a low of 24.40 to a high of 35.18. The Education industry median Return-on-Tangible-Equity is 11.69. Advtech's value of 28.09% is 140.4% above this industry median. Based on the distribution chart, Advtech ranks #70 out of 246 companies in the Education industry, which is above the industry midpoint. Overall, Advtech has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advtech's Return-on-Tangible-Equity compare to EDU and TAL?
According to the Education industry distribution chart, Advtech ranks #70 out of 246 companies for Return-on-Tangible-Equity. This puts Advtech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.69. Advtech's value of 28.09% is 140.4% above this benchmark. Historically, Advtech's own Return-on-Tangible-Equity has ranged from 24.40 to 35.18 over the past decade. While the company's 10-year median is 27.82 vs. the industry median of 11.69, Advtech 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 an Education company?
The median Return-on-Tangible-Equity among Education companies is 11.69, based on 246 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. Advtech's current Return-on-Tangible-Equity of 28.09% is 140.4% 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 Advtech and its competitors. For the Education industry, the median Return-on-Tangible-Equity is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advtech's current Return-on-Tangible-Equity is 28.09%, which is near median its own 10-year median of 27.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advtech stock overvalued right now?
Based on GuruFocus' analysis, Advtech (JSE:ADH) is currently considered Significantly Overvalued. The stock's GF Value™ is R35.62, compared to a current price of R47.74 — trading 34% above its estimated fair value. The current Return-on-Tangible-Equity is 28.09%, which is near median its 10-year median of 27.82 and 140.4% above the Education industry median of 11.69. Advtech's overall GF Score™ is 85/100 with 5 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 Advtech (JSE:ADH), the current Return-on-Tangible-Equity is 28.09% 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 Advtech (JSE:ADH) Overvalued in 2026?
Based on GuruFocus' analysis, Advtech stock appears to be overvalued.
The current stock price of R47.74 is trading 34% above its estimated GF Value™ of R35.62.
GuruFocus considers Advtech to be Significantly Overvalued.
Key valuation signals for JSE:ADH:
Return-on-Tangible-Equity: 28.09% (near median its 10-year median of 27.82)
GF Value™: R35.62 vs. price of R47.74 (34% above fair value)
Industry Position: 140.4% above the Education median (#70 of 246)
No single metric tells the full story. See the JSE:ADH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.
85GF Score
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