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E Media HoldingsJSE:EMN -3.26%62 Return-on-Tangible-Equity is 12.81% as of Mar. 2026, which is 85% below its 10-year median of 87.99. GuruFocus rates JSE:EMN with a GF Score™ of 62/100 and a GF Value™ of R2.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 863 Media - Diversified companies, E Media Holdings ranks better than 73.12% 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. E Media Holdings's annualized net income for the quarter that ended in Mar. 2026 was R249 Mil. E Media Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R1,946 Mil. Therefore, E Media Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.81%.
The historical rank and industry rank for E Media Holdings's Return-on-Tangible-Equity or its related term are showing as below:
JSE:EMN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.13 Med: 87.99 Max: 151.63
Current: 17.13
During the past 13 years, E Media Holdings's highest Return-on-Tangible-Equity was 151.63%. The lowest was 17.13%. And the median was 87.99%.
JSE:EMN's Return-on-Tangible-Equity is ranked better than 73.12% of 863
companies
in the Media - Diversified industry
Industry Median: 5.46
vs JSE:EMN: 17.13
E Media Holdings (JSE:EMN) 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.
E Media Holdings Return-on-Tangible-Equity Related Terms
E Media Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for E Media Holdings'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:EMN vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, E Media Holdings'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.
E Media Holdings Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, E Media Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where E Media Holdings'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 (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 12.81% mean?
E Media Holdings (JSE:EMN) has a Return-on-Tangible-Equity of 12.81% 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 E Media Holdings and its competitors. This is 85% below median its historical median of 87.99. Over the past decade, E Media Holdings' Return-on-Tangible-Equity has ranged from 17.13 to 151.63. According to the industry distribution chart, E Media Holdings ranks #232 out of 863 companies in the Media - Diversified industry, placing it in the top 26.9%.
Is E Media Holdings' Return-on-Tangible-Equity too high?
E Media Holdings' current Return-on-Tangible-Equity of 12.81% is 85% below median its 10-year median of 87.99. Over the past 10 years, this metric has ranged from a low of 17.13 to a high of 151.63. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. E Media Holdings' value of 12.81% is 134.6% above this industry median. Based on the distribution chart, E Media Holdings ranks #232 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, E Media Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E Media Holdings' Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, E Media Holdings ranks #232 out of 863 companies for Return-on-Tangible-Equity. This puts E Media Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. E Media Holdings' value of 12.81% is 134.6% above this benchmark. Historically, E Media Holdings' own Return-on-Tangible-Equity has ranged from 17.13 to 151.63 over the past decade. While the company's 10-year median is 87.99 vs. the industry median of 5.46, E Media Holdings 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 a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 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. E Media Holdings's current Return-on-Tangible-Equity of 12.81% is 134.6% 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 E Media Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Media Holdings's current Return-on-Tangible-Equity is 12.81%, which is 85% below median its own 10-year median of 87.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Media Holdings stock overvalued right now?
Based on GuruFocus' analysis, E Media Holdings (JSE:EMN) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.07, compared to a current price of R1.78 — trading 14% below its estimated fair value. The current Return-on-Tangible-Equity is 12.81%, which is 85% below median its 10-year median of 87.99 and 134.6% above the Media - Diversified industry median of 5.46. E Media Holdings' overall GF Score™ is 62/100 with 4 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 E Media Holdings (JSE:EMN), the current Return-on-Tangible-Equity is 12.81% 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 E Media Holdings (JSE:EMN) Overvalued in 2026?
Based on GuruFocus' analysis, E Media Holdings stock appears to be undervalued.
The current stock price of R1.78 is trading 14% below its estimated GF Value™ of R2.07.
GuruFocus considers E Media Holdings to be Modestly Undervalued.
Key valuation signals for JSE:EMN:
Return-on-Tangible-Equity: 12.81% (85% below median its 10-year median of 87.99)
GF Value™: R2.07 vs. price of R1.78 (14% below fair value)
Industry Position: 134.6% above the Media - Diversified median (#232 of 863)
No single metric tells the full story. See the JSE:EMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is predominantly engaged in the media and entertainment business. The company product portfolio includes products and services like E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market, and others. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. A majority of its revenue is earned from the South African market.
62GF Score
Get the complete analysis for JSE:EMN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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