Lumine GroupLMGIF +0.36%47 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates LMGIF with a GF Score™ of 47/100 and a GF Value™ of $32.71 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,471 Software companies, Lumine Group ranks better than 99.92% 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. Lumine Group's annualized net income for the quarter that ended in Mar. 2026 was $76.0 Mil. Lumine Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-43.4 Mil. Therefore, Lumine Group'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 Lumine Group's Return-on-Tangible-Equity or its related term are showing as below:
LMGIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 39.29 Med: 256.12 Max: 472.95
Current: Negative Tangible Equity
During the past 5 years, Lumine Group's highest Return-on-Tangible-Equity was 472.95%. The lowest was 39.29%. And the median was 256.12%.
LMGIF's Return-on-Tangible-Equity is ranked better than 99.92% of 2471
companies
in the Software industry
Industry Median: 8.77
vs LMGIF: Negative Tangible Equity
Lumine Group (OTCPK:LMGIF) 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.
Lumine Group Return-on-Tangible-Equity Related Terms
Lumine Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lumine Group'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.
LMGIF vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Lumine Group'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.
Lumine Group Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Lumine Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lumine Group'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?
Lumine Group (LMGIF) 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 Lumine Group and its competitors. Over the past decade, Lumine Group's Return-on-Tangible-Equity has ranged from 39.29 to 472.95. According to the industry distribution chart, Lumine Group ranks #2 out of 2471 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Lumine Group's Return-on-Tangible-Equity too high?
Lumine Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 39.29 to a high of 472.95. Based on the distribution chart, Lumine Group ranks #2 out of 2471 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lumine Group has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lumine Group's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Lumine Group ranks #2 out of 2471 companies for Return-on-Tangible-Equity. This places Lumine Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.77. Historically, Lumine Group's own Return-on-Tangible-Equity has ranged from 39.29 to 472.95 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,471 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 Lumine Group and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumine Group'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 Lumine Group stock overvalued right now?
Based on GuruFocus' analysis, Lumine Group (LMGIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $32.71, compared to a current price of $15.42 — trading 52.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Lumine Group's overall GF Score™ is 47/100 with 1 warning sign 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 Lumine Group (LMGIF), 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 Lumine Group (LMGIF) Overvalued in 2026?
Based on GuruFocus' analysis, Lumine Group stock appears to be undervalued.
The current stock price of $15.42 is trading 52.9% below its estimated GF Value™ of $32.71.
GuruFocus considers Lumine Group to be Significantly Undervalued.
No single metric tells the full story. See the LMGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumine Group Inc is principally engaged in the acquisition and strengthening of businesses in the communications and media industry. These businesses provide software development, installation, and customization services, along with related professional services and support for customers across various regions.
47GF Score
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