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Parade TechnologiesLUX:188895 89 Return-on-Tangible-Equity is 11.32% as of Mar. 2026, which is 65% below its 10-year median of 32.23. GuruFocus rates LUX:188895 with a GF Score™ of 89/100 and a GF Value™ of $35.56. The stock has 3 warning signs investors should review. Among 985 Semiconductors companies, Parade Technologies ranks better than 74.52% 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. Parade Technologies's annualized net income for the quarter that ended in Mar. 2026 was $66.4 Mil. Parade Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $586.9 Mil. Therefore, Parade Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.32%.
The historical rank and industry rank for Parade Technologies's Return-on-Tangible-Equity or its related term are showing as below:
LUX:188895'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.06 Med: 32.23 Max: 50.21
Current: 14.35
During the past 13 years, Parade Technologies's highest Return-on-Tangible-Equity was 50.21%. The lowest was 13.06%. And the median was 32.23%.
LUX:188895's Return-on-Tangible-Equity is ranked better than 74.52% of 985
companies
in the Semiconductors industry
Industry Median: 5.31
vs LUX:188895: 14.35
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.
Parade Technologies Return-on-Tangible-Equity Related Terms
Parade Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Parade Technologies'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.
LUX:188895 vs NVDA, AVGO, MU: Return-on-Tangible-Equity Comparison
For the Semiconductors subindustry, Parade Technologies'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.
Parade Technologies Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Parade Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Parade Technologies'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 11.32% mean?
Parade Technologies (LUX:188895) has a Return-on-Tangible-Equity of 11.32% 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 Parade Technologies and its competitors. This is 65% below median its historical median of 32.23. Over the past decade, Parade Technologies' Return-on-Tangible-Equity has ranged from 13.06 to 50.21. According to the industry distribution chart, Parade Technologies ranks #251 out of 985 companies in the Semiconductors industry, placing it in the top 25.5%.
Is Parade Technologies' Return-on-Tangible-Equity too high?
Parade Technologies' current Return-on-Tangible-Equity of 11.32% is 65% below median its 10-year median of 32.23. Over the past 10 years, this metric has ranged from a low of 13.06 to a high of 50.21. The Semiconductors industry median Return-on-Tangible-Equity is 5.31. Parade Technologies' value of 11.32% is 113.2% above this industry median. Based on the distribution chart, Parade Technologies ranks #251 out of 985 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Parade Technologies has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Parade Technologies' Return-on-Tangible-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Parade Technologies ranks #251 out of 985 companies for Return-on-Tangible-Equity. This puts Parade Technologies in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.31. Parade Technologies' value of 11.32% is 113.2% above this benchmark. Historically, Parade Technologies' own Return-on-Tangible-Equity has ranged from 13.06 to 50.21 over the past decade. While the company's 10-year median is 32.23 vs. the industry median of 5.31, Parade Technologies 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.31, based on 985 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. Parade Technologies's current Return-on-Tangible-Equity of 11.32% is 113.2% 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 Parade Technologies and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parade Technologies's current Return-on-Tangible-Equity is 11.32%, which is 65% below median its own 10-year median of 32.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parade Technologies stock overvalued right now?
Parade Technologies (LUX:188895) has a current Return-on-Tangible-Equity of 11.32%. The stock's GF Value™ is $35.56, compared to a current price of $26.40 — trading 25.8% below its estimated fair value. The current Return-on-Tangible-Equity is 11.32%, which is 65% below median its 10-year median of 32.23 and 113.2% above the Semiconductors industry median of 5.31. Parade Technologies' overall GF Score™ is 89/100 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 Parade Technologies (LUX:188895), the current Return-on-Tangible-Equity is 11.32% 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 Parade Technologies (LUX:188895) Overvalued in 2026?
Based on GuruFocus' analysis, Parade Technologies stock appears to be undervalued.
The current stock price of $26.40 is trading 25.8% below its estimated GF Value™ of $35.56.
Key valuation signals for LUX:188895:
Return-on-Tangible-Equity: 11.32% (65% below median its 10-year median of 32.23)
GF Value™: $35.56 vs. price of $26.40 (25.8% below fair value)
Industry Position: 113.2% above the Semiconductors median (#251 of 985)
No single metric tells the full story. See the LUX:188895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parade Technologies Ltd supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serves customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors. Geographically, the company generates revenue from Taiwan, China, South Korea, Japan, and Others. Its products include Serial products of DisplayPort, Source Driver, Serial products of TrueTouch, and High-speed interfacing chips, which derive maximum revenue.
89GF Score
Get the complete analysis for LUX:188895
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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