Analog DevicesLIM:ADI 94 Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 2026. GuruFocus rates LIM:ADI with a GF Score™ of 94/100 and a GF Value™ of $220.05. The stock has 6 warning signs investors should review. Among 984 Semiconductors companies, Analog Devices ranks better than 99.9% 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. Analog Devices's annualized net income for the quarter that ended in Apr. 2026 was $4,705 Mil. Analog Devices's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $-637 Mil. Therefore, Analog Devices's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Analog Devices's Return-on-Tangible-Equity or its related term are showing as below:
LIM:ADI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.76 Med: 29.76 Max: 29.76
Current: Negative Tangible Equity
During the past 13 years, Analog Devices's highest Return-on-Tangible-Equity was 29.76%. The lowest was 29.76%. And the median was 29.76%.
LIM:ADI's Return-on-Tangible-Equity is ranked better than 99.9% of 984
companies
in the Semiconductors industry
Industry Median: 5.24
vs LIM:ADI: Negative Tangible Equity
Analog Devices (LIM:ADI) 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.
Analog Devices Return-on-Tangible-Equity Related Terms
Analog Devices Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Analog Devices'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.
LIM:ADI vs QCOM, MRVL, TXN: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Analog Devices'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.
Analog Devices Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Analog Devices's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Analog Devices'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 (Apr. 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?
Analog Devices (LIM:ADI) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Analog Devices and its competitors. Over the past decade, Analog Devices' Return-on-Tangible-Equity has ranged from 29.76 to 29.76. According to the industry distribution chart, Analog Devices ranks #1 out of 984 companies in the Semiconductors industry, placing it in the top 0.099999999999994%.
Is Analog Devices' Return-on-Tangible-Equity too high?
Analog Devices' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 29.76 to a high of 29.76. Based on the distribution chart, Analog Devices ranks #1 out of 984 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Analog Devices has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Analog Devices' Return-on-Tangible-Equity compare to QCOM and MRVL?
According to the Semiconductors industry distribution chart, Analog Devices ranks #1 out of 984 companies for Return-on-Tangible-Equity. This places Analog Devices in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.24. Historically, Analog Devices' own Return-on-Tangible-Equity has ranged from 29.76 to 29.76 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.24, based on 984 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 Analog Devices and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analog Devices'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 Analog Devices stock overvalued right now?
Analog Devices (LIM:ADI) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is $220.05, compared to a current price of $277.20 — trading 26% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Analog Devices' overall GF Score™ is 94/100 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 Analog Devices (LIM:ADI), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 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 Analog Devices (LIM:ADI) Overvalued in 2026?
Based on GuruFocus' analysis, Analog Devices stock appears to be overvalued.
The current stock price of $277.20 is trading 26% above its estimated GF Value™ of $220.05.
No single metric tells the full story. See the LIM:ADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
94GF Score
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