DSW Capital (LSE:DSW) Return-on-Tangible-Equity: 8.56% (As of Sep. 2025) — 57% Below Median


LSE:DSW DSW Capital PLC LSE:DSW
75 GF Score
Price £0.44
GF Value £1.34
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is DSW Capital Return-on-Tangible-Equity?

DSW Capital LSE:DSW 75 Return-on-Tangible-Equity is 8.56% as of Sep. 2025, which is 57% below its 10-year median of 19.77. GuruFocus rates LSE:DSW with a GF Score™ of 75/100 and a GF Value™ of £1.34 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,010 Business Services companies, DSW Capital ranks better than 72.97% 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. DSW Capital's annualized net income for the quarter that ended in Sep. 2025 was £0.28 Mil. DSW Capital's average shareholder tangible equity for the quarter that ended in Sep. 2025 was £3.27 Mil. Therefore, DSW Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 8.56%.

The historical rank and industry rank for DSW Capital's Return-on-Tangible-Equity or its related term are showing as below:

LSE:DSW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.65   Med: 19.77   Max: 114.57
Current: 23.67

During the past 7 years, DSW Capital's highest Return-on-Tangible-Equity was 114.57%. The lowest was -7.65%. And the median was 19.77%.

LSE:DSW's Return-on-Tangible-Equity is ranked better than
72.97% of 1010 companies
in the Business Services industry
Industry Median: 10.57 vs LSE:DSW: 23.67

DSW Capital  (LSE:DSW) 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.


DSW Capital Return-on-Tangible-Equity Related Terms


DSW Capital Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for DSW Capital'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.

DSW Capital Return-on-Tangible-Equity Chart

DSW Capital Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 114.57 -7.65 6.77 1.20 19.77

DSW Capital Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.93 5.43 1.92 36.98 8.56

LSE:DSW vs CTAS, CPRT, ULS: Return-on-Tangible-Equity Comparison

For the Specialty Business Services subindustry, DSW Capital'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.


DSW Capital Return-on-Tangible-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, DSW Capital's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where DSW Capital's Return-on-Tangible-Equity falls into.


LSE:DSW
75GF Score
DSW Capital PLC LSE:DSW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSW Capital Return-on-Tangible-Equity Calculation

DSW Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=0.984/( (6.892+3.063 )/ 2 )
=0.984/4.9775
=19.77 %

DSW Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=0.28/( (3.063+3.479)/ 2 )
=0.28/3.271
=8.56 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 8.56% mean?
DSW Capital (LSE:DSW) has a Return-on-Tangible-Equity of 8.56% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on DSW Capital and its competitors. This is 57% below median its historical median of 19.77. According to the industry distribution chart, DSW Capital ranks #273 out of 1010 companies in the Business Services industry, placing it in the top 27%.
Is DSW Capital's Return-on-Tangible-Equity too high?
DSW Capital's current Return-on-Tangible-Equity of 8.56% is 57% below median its 10-year median of 19.77. The Business Services industry median Return-on-Tangible-Equity is 10.57. DSW Capital's value of 8.56% is 19% below this industry median. Based on the distribution chart, DSW Capital ranks #273 out of 1010 companies in the Business Services industry, which is above the industry midpoint. Overall, DSW Capital has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSW Capital's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, DSW Capital ranks #273 out of 1010 companies for Return-on-Tangible-Equity. This puts DSW Capital in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.57. DSW Capital's value of 8.56% is 19% below this benchmark. While the company's 10-year median is 19.77 vs. the industry median of 10.57, DSW Capital has consistently been below 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,010 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. DSW Capital's current Return-on-Tangible-Equity of 8.56% is 19% below 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 DSW Capital and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSW Capital's current Return-on-Tangible-Equity is 8.56%, which is 57% below median its own 10-year median of 19.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSW Capital stock overvalued right now?
Based on GuruFocus' analysis, DSW Capital (LSE:DSW) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.34, compared to a current price of £0.44 — trading 67.5% below its estimated fair value. The current Return-on-Tangible-Equity is 8.56%, which is 57% below median its 10-year median of 19.77 and 19% below the Business Services industry median of 10.57. DSW Capital's overall GF Score™ is 75/100 with 5 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 DSW Capital (LSE:DSW), the current Return-on-Tangible-Equity is 8.56% as of Sep. 2025. 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 DSW Capital (LSE:DSW) Overvalued in 2026?

Based on GuruFocus' analysis, DSW Capital stock appears to be undervalued. The current stock price of £0.44 is trading 67.5% below its estimated GF Value™ of £1.34. GuruFocus considers DSW Capital to be Significantly Undervalued.

Key valuation signals for LSE:DSW:

  • Return-on-Tangible-Equity: 8.56% (57% below median its 10-year median of 19.77)
  • GF Value™: £1.34 vs. price of £0.44 (67.5% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 19% below the Business Services median (#273 of 1010)

No single metric tells the full story. See the LSE:DSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DSW Capital Business Description

Address 7400 Daresbury Park, Daresbury, Warrington, GBR, WA4 4BS
DSW Capital PLC is a challenger mid-market professional services business. It operates a licensing model and licenses the DSW and associated brand names in return for a royalty based on a percentage of fee income. The DSW network employs eighty two fee earners across England and Scotland. It recruits skilled professionals, in focused niches of expertise to run its own business and provide services to mid-market corporates, owner-managers, private equity firms, and high net-worth individuals. The Company recognizes revenue from two sources: license fee income and profit share income.
75GF Score

Get the complete analysis for LSE:DSW

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.44
Price
£1.34
GF Value