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Bank MillenniumLTS:0DRH 64 Return-on-Tangible-Equity is 12.93% as of Mar. 2026, which is 37% above its 10-year median of 9.44. GuruFocus rates LTS:0DRH with a GF Score™ of 64/100 and a GF Value™ of zł4.44. The stock has 6 warning signs investors should review. Among 1,523 Banks companies, Bank Millennium ranks better than 77.68% 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. Bank Millennium's annualized net income for the quarter that ended in Mar. 2026 was zł1,203 Mil. Bank Millennium's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł9,306 Mil. Therefore, Bank Millennium's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.93%.
The historical rank and industry rank for Bank Millennium's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0DRH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.86 Med: 9.44 Max: 15.71
Current: 15.71
During the past 13 years, Bank Millennium's highest Return-on-Tangible-Equity was 15.71%. The lowest was -17.86%. And the median was 9.44%.
LTS:0DRH's Return-on-Tangible-Equity is ranked better than 77.68% of 1523
companies
in the Banks industry
Industry Median: 11.23
vs LTS:0DRH: 15.71
Bank Millennium (LTS:0DRH) 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.
Bank Millennium Return-on-Tangible-Equity Related Terms
Bank Millennium Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bank Millennium'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.
LTS:0DRH vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Bank Millennium'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.
Bank Millennium Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank Millennium's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bank Millennium'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 12.93% mean?
Bank Millennium (LTS:0DRH) has a Return-on-Tangible-Equity of 12.93% 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 Bank Millennium and its competitors. This is 37% above median its historical median of 9.44. According to the industry distribution chart, Bank Millennium ranks #340 out of 1523 companies in the Banks industry, placing it in the top 22.3%.
Is Bank Millennium's Return-on-Tangible-Equity too high?
Bank Millennium's current Return-on-Tangible-Equity of 12.93% is 37% above median its 10-year median of 9.44. The Banks industry median Return-on-Tangible-Equity is 11.23. Bank Millennium's value of 12.93% is 15.1% above this industry median. Based on the distribution chart, Bank Millennium ranks #340 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank Millennium has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Bank Millennium's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Bank Millennium ranks #340 out of 1523 companies for Return-on-Tangible-Equity. This places Bank Millennium in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.23. Bank Millennium's value of 12.93% is 15.1% above this benchmark. While the company's 10-year median is 9.44 vs. the industry median of 11.23, Bank Millennium 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.23, based on 1,523 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. Bank Millennium's current Return-on-Tangible-Equity of 12.93% is 15.1% 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 Bank Millennium and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Millennium's current Return-on-Tangible-Equity is 12.93%, which is 37% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Millennium stock overvalued right now?
Bank Millennium (LTS:0DRH) has a current Return-on-Tangible-Equity of 12.93%. The stock's GF Value™ is zł4.44, compared to a current price of zł8.89 — trading 100.2% above its estimated fair value. The current Return-on-Tangible-Equity is 12.93%, which is 37% above median its 10-year median of 9.44 and 15.1% above the Banks industry median of 11.23. Bank Millennium's overall GF Score™ is 64/100 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 Bank Millennium (LTS:0DRH), the current Return-on-Tangible-Equity is 12.93% 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 Bank Millennium (LTS:0DRH) Overvalued in 2026?
Based on GuruFocus' analysis, Bank Millennium stock appears to be overvalued.
The current stock price of zł8.89 is trading 100.2% above its estimated GF Value™ of zł4.44.
Key valuation signals for LTS:0DRH:
Return-on-Tangible-Equity: 12.93% (37% above median its 10-year median of 9.44)
GF Value™: zł4.44 vs. price of zł8.89 (100.2% above fair value)
Industry Position: 15.1% above the Banks median (#340 of 1523)
No single metric tells the full story. See the LTS:0DRH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.
64GF Score
Get the complete analysis for LTS:0DRH
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