Limbach HoldingsLMB -2.71%80 Return-on-Tangible-Equity is 22.74% as of Mar. 2026, which is 62% above its 10-year median of 14.06. GuruFocus rates LMB with a GF Score™ of 80/100 and a GF Value™ of $85.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,705 Construction companies, Limbach Holdings ranks better than 87.45% 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. Limbach Holdings's annualized net income for the quarter that ended in Mar. 2026 was $17.5 Mil. Limbach Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $77.0 Mil. Therefore, Limbach Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.74%.
The historical rank and industry rank for Limbach Holdings's Return-on-Tangible-Equity or its related term are showing as below:
LMB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.91 Med: 14.06 Max: 50.37
Current: 41.25
During the past 12 years, Limbach Holdings's highest Return-on-Tangible-Equity was 50.37%. The lowest was -6.91%. And the median was 14.06%.
LMB's Return-on-Tangible-Equity is ranked better than 87.45% of 1705
companies
in the Construction industry
Industry Median: 8.25
vs LMB: 41.25
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.
Limbach Holdings Return-on-Tangible-Equity Related Terms
Limbach Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Limbach 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.
LMB vs APOG, NX, SWIM: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Limbach 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.
Limbach Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Limbach Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Limbach 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 22.74% mean?
Limbach Holdings (LMB) has a Return-on-Tangible-Equity of 22.74% 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 Limbach Holdings and its competitors. This is 62% above median its historical median of 14.06. According to the industry distribution chart, Limbach Holdings ranks #214 out of 1705 companies in the Construction industry, placing it in the top 12.6%.
Is Limbach Holdings' Return-on-Tangible-Equity too high?
Limbach Holdings' current Return-on-Tangible-Equity of 22.74% is 62% above median its 10-year median of 14.06. The Construction industry median Return-on-Tangible-Equity is 8.25. Limbach Holdings' value of 22.74% is 175.6% above this industry median. Based on the distribution chart, Limbach Holdings ranks #214 out of 1705 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Limbach Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Limbach Holdings' Return-on-Tangible-Equity compare to APOG and NX?
According to the Construction industry distribution chart, Limbach Holdings ranks #214 out of 1705 companies for Return-on-Tangible-Equity. This places Limbach Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Limbach Holdings' value of 22.74% is 175.6% above this benchmark. While the company's 10-year median is 14.06 vs. the industry median of 8.25, Limbach 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,705 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. Limbach Holdings's current Return-on-Tangible-Equity of 22.74% is 175.6% 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 Limbach Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Limbach Holdings's current Return-on-Tangible-Equity is 22.74%, which is 62% above median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Limbach Holdings stock overvalued right now?
Based on GuruFocus' analysis, Limbach Holdings (LMB) is currently considered Fairly Valued. The stock's GF Value™ is $85.88, compared to a current price of $79.00 — trading 8% below its estimated fair value. The current Return-on-Tangible-Equity is 22.74%, which is 62% above median its 10-year median of 14.06 and 175.6% above the Construction industry median of 8.25. Limbach Holdings' overall GF Score™ is 80/100 with 3 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 Limbach Holdings (LMB), the current Return-on-Tangible-Equity is 22.74% 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 Limbach Holdings (LMB) Overvalued in 2026?
Based on GuruFocus' analysis, Limbach Holdings stock appears to be undervalued.
The current stock price of $79.00 is trading 8% below its estimated GF Value™ of $85.88.
GuruFocus considers Limbach Holdings to be Fairly Valued.
Key valuation signals for LMB:
Return-on-Tangible-Equity: 22.74% (62% above median its 10-year median of 14.06)
GF Value™: $85.88 vs. price of $79.00 (8% below fair value)
Industry Position: 175.6% above the Construction median (#214 of 1705)
No single metric tells the full story. See the LMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Limbach Holdings Inc is a building systems solutions firm that designs, delivers, and maintains mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems. The Company partners with owners and operators of facilities across healthcare, industrial and manufacturing, data centers, life sciences, higher education, and cultural and entertainment markets. It operates through two segments: Owner Direct Relationships (ODR), which generates maximum revenue and includes owner direct projects, maintenance, and service on MEPC systems; and General Contractor Relationships (GCR), which manages new construction or renovation projects involving MEPC systems awarded by general contractors or construction managers.
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