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init innovation in traffic systems SELTS:0EWR 95 Return-on-Tangible-Equity is 22.24% as of Mar. 2026, which is 20% above its 10-year median of 18.53. GuruFocus rates LTS:0EWR with a GF Score™ of 95/100 and a GF Value™ of €56.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,477 Software companies, init innovation in traffic systems SE ranks better than 76.34% on this metric.
The historical rank and industry rank for init innovation in traffic systems SE's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0EWR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.39 Med: 18.53 Max: 31.46
Current: 31.46
During the past 13 years, init innovation in traffic systems SE's highest Return-on-Tangible-Equity was 31.46%. The lowest was 4.39%. And the median was 18.53%.
LTS:0EWR's Return-on-Tangible-Equity is ranked better than 76.34% of 2477
companies
in the Software industry
Industry Median: 8.83
vs LTS:0EWR: 31.46
init innovation in traffic systems SE (LTS:0EWR) 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.
init innovation in traffic systems SE Return-on-Tangible-Equity Related Terms
init innovation in traffic systems SE 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.
init innovation in traffic systems SE Return-on-Tangible-Equity Chart
LTS:0EWR vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, init innovation in traffic systems SE'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.
init innovation in traffic systems SE Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, init innovation in traffic systems SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where init innovation in traffic systems SE'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 22.24% mean?
init innovation in traffic systems SE (LTS:0EWR) has a Return-on-Tangible-Equity of 22.24% 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 init innovation in traffic systems SE and its competitors. This is 20% above median its historical median of 18.53. Over the past decade, init innovation in traffic systems SE's Return-on-Tangible-Equity has ranged from 4.39 to 31.46. According to the industry distribution chart, init innovation in traffic systems SE ranks #586 out of 2477 companies in the Software industry, placing it in the top 23.7%.
Is init innovation in traffic systems SE's Return-on-Tangible-Equity too high?
init innovation in traffic systems SE's current Return-on-Tangible-Equity of 22.24% is 20% above median its 10-year median of 18.53. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 31.46. The Software industry median Return-on-Tangible-Equity is 8.83. init innovation in traffic systems SE's value of 22.24% is 151.9% above this industry median. Based on the distribution chart, init innovation in traffic systems SE ranks #586 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, init innovation in traffic systems SE has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does init innovation in traffic systems SE's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, init innovation in traffic systems SE ranks #586 out of 2477 companies for Return-on-Tangible-Equity. This places init innovation in traffic systems SE in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. init innovation in traffic systems SE's value of 22.24% is 151.9% above this benchmark. Historically, init innovation in traffic systems SE's own Return-on-Tangible-Equity has ranged from 4.39 to 31.46 over the past decade. While the company's 10-year median is 18.53 vs. the industry median of 8.83, init innovation in traffic systems SE 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 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. init innovation in traffic systems SE's current Return-on-Tangible-Equity of 22.24% is 151.9% 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 init innovation in traffic systems SE and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. init innovation in traffic systems SE's current Return-on-Tangible-Equity is 22.24%, which is 20% above median its own 10-year median of 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is init innovation in traffic systems SE stock overvalued right now?
Based on GuruFocus' analysis, init innovation in traffic systems SE (LTS:0EWR) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.51, compared to a current price of €47.90 — trading 15.2% below its estimated fair value. The current Return-on-Tangible-Equity is 22.24%, which is 20% above median its 10-year median of 18.53 and 151.9% above the Software industry median of 8.83. init innovation in traffic systems SE's overall GF Score™ is 95/100 with 2 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 init innovation in traffic systems SE (LTS:0EWR), the current Return-on-Tangible-Equity is 22.24% 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 init innovation in traffic systems SE (LTS:0EWR) Overvalued in 2026?
Based on GuruFocus' analysis, init innovation in traffic systems SE stock appears to be undervalued.
The current stock price of €47.90 is trading 15.2% below its estimated GF Value™ of €56.51.
GuruFocus considers init innovation in traffic systems SE to be Modestly Undervalued.
Key valuation signals for LTS:0EWR:
Return-on-Tangible-Equity: 22.24% (20% above median its 10-year median of 18.53)
GF Value™: €56.51 vs. price of €47.90 (15.2% below fair value)
Industry Position: 151.9% above the Software median (#586 of 2477)
No single metric tells the full story. See the LTS:0EWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
init innovation in traffic systems SE Business Description
init innovation in traffic systems SE supplies transportation telematics systems. It mainly offers integrated planning, dispatching, telematics, and ticketing solutions for buses and trains around the world. The company operates through the following divisions: INIT Integrated Systems, INIT Cloud Solutions, and INIT Passenger Intelligence. The INIT Integrated Systems division installs and operates integrated hardware and software systems for transport operators; the INIT Cloud Solutions unit offers software and data platforms; and the INIT Passenger Intelligence unit offers solutions to track, analyze, and monitor passenger movement in public transport to optimize overall public transport performance and comfort. Geographically, the company generates maximum revenue from North America.
95GF Score
Get the complete analysis for LTS:0EWR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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