Lindblad Expeditions HoldingsLIND -5.31%65 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates LIND with a GF Score™ of 65/100 and a GF Value™ of $13.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 794 Travel & Leisure companies, Lindblad Expeditions Holdings ranks worse than 125944.46% 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. Lindblad Expeditions Holdings's annualized net income for the quarter that ended in Mar. 2026 was $26.0 Mil. Lindblad Expeditions Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-272.7 Mil. Therefore, Lindblad Expeditions Holdings'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 Lindblad Expeditions Holdings's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Lindblad Expeditions Holdings's highest Return-on-Tangible-Equity was 18.10%. The lowest was -568.64%. And the median was -3.00%.
LIND's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.57 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Lindblad Expeditions Holdings Return-on-Tangible-Equity Related Terms
Lindblad Expeditions Holdings Return-on-Tangible-Equity Historical Data
* 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.
LIND vs TRIP, PRSU, YTRA: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Lindblad Expeditions 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.
Lindblad Expeditions Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lindblad Expeditions 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 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?
Lindblad Expeditions Holdings (LIND) 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 Lindblad Expeditions Holdings and its competitors. According to the industry distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 794 companies in the Travel & Leisure industry.
Is Lindblad Expeditions Holdings' Return-on-Tangible-Equity too high?
Lindblad Expeditions Holdings' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 794 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Lindblad Expeditions Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindblad Expeditions Holdings' Return-on-Tangible-Equity compare to TRIP and PRSU?
According to the Travel & Leisure industry distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 794 companies for Return-on-Tangible-Equity. This places Lindblad Expeditions Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.57. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.57, based on 794 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 Lindblad Expeditions Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindblad Expeditions Holdings'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 Lindblad Expeditions Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings (LIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.24, compared to a current price of $26.75 — trading 102% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Lindblad Expeditions Holdings' overall GF Score™ is 65/100 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 Lindblad Expeditions Holdings (LIND), 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 Lindblad Expeditions Holdings (LIND) Overvalued in 2026?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings stock appears to be overvalued.
The current stock price of $26.75 is trading 102% above its estimated GF Value™ of $13.24.
GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.
No single metric tells the full story. See the LIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lindblad Expeditions Holdings Business Description
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. It operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of twelve owned expedition ships and five seasonal charter vessels under the Lindblad brand.
65GF Score
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