MIL:1ATS's Return-on-Tangible-Equity is ranked worse than 73.16% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs MIL:1ATS: -2.68
AT&S Austria Technologie & Systemtechnik AG (MIL:1ATS) 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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Equity Related Terms
AT&S Austria Technologie & Systemtechnik AG 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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Equity Chart
AT&S Austria Technologie & Systemtechnik AG Annual Data
MIL:1ATS vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik AG'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.
AT&S Austria Technologie & Systemtechnik AG Return-on-Tangible-Equity vs Hardware Industry
* 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 5.52% mean?
AT&S Austria Technologie & Systemtechnik AG (MIL:1ATS) has a Return-on-Tangible-Equity of 5.52% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. This is 23% below median its historical median of 7.13. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1742 out of 2381 companies in the Hardware industry, placing it in the top 73.2%.
Is AT&S Austria Technologie & Systemtechnik AG's Return-on-Tangible-Equity too high?
AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Equity of 5.52% is 23% below median its 10-year median of 7.13. The Hardware industry median Return-on-Tangible-Equity is 5.23. AT&S Austria Technologie & Systemtechnik AG's value of 5.52% is 5.5% above this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1742 out of 2381 companies in the Hardware industry, which is below the industry midpoint. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AT&S Austria Technologie & Systemtechnik AG's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1742 out of 2381 companies for Return-on-Tangible-Equity. This places AT&S Austria Technologie & Systemtechnik AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.23. AT&S Austria Technologie & Systemtechnik AG's value of 5.52% is 5.5% above this benchmark. While the company's 10-year median is 7.13 vs. the industry median of 5.23, AT&S Austria Technologie & Systemtechnik AG 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 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. AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Equity of 5.52% is 5.5% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&S Austria Technologie & Systemtechnik AG's current Return-on-Tangible-Equity is 5.52%, which is 23% below median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&S Austria Technologie & Systemtechnik AG stock overvalued right now?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG (MIL:1ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.20, compared to a current price of €197.80 — trading 601.4% above its estimated fair value. The current Return-on-Tangible-Equity is 5.52%, which is 23% below median its 10-year median of 7.13 and 5.5% above the Hardware industry median of 5.23. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 49/100 with 9 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 AT&S Austria Technologie & Systemtechnik AG (MIL:1ATS), the current Return-on-Tangible-Equity is 5.52% 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 AT&S Austria Technologie & Systemtechnik AG (MIL:1ATS) Overvalued in 2026?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued.
The current stock price of €197.80 is trading 601.4% above its estimated GF Value™ of €28.20.
GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.
Key valuation signals for MIL:1ATS:
Return-on-Tangible-Equity: 5.52% (23% below median its 10-year median of 7.13)
GF Value™: €28.20 vs. price of €197.80 (601.4% above fair value)
Industry Position: 5.5% above the Hardware median (#1742 of 2381)
No single metric tells the full story. See the MIL:1ATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AT&S Austria Technologie & Systemtechnik AG Business Description
AT&S Austria Technologie & Systemtechnik AG provider of high-end IC substrates and printed circuit boards. The company develops and manufactures interconnection technologies for key digital industries, including mobile devices, automotive and aerospace, industrial, medical, and high-performance computing for Al applications. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers (OEM) as well as to contracted electronic manufacturers (CEM). Its segments are Electronics solutions, Microelectronics, and Others. Majority of revenue comes from Microelectronics segment. It has presence in Austria, Germany, Other European countries, China, Other Asian countries, and Americas of which majority of revenue is from America.
49GF Score
Get the complete analysis for MIL:1ATS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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