NeoGenomicsNEO +1.27%72 Return-on-Tangible-Equity is -265.42% as of Mar. 2026. GuruFocus rates NEO with a GF Score™ of 72/100 and a GF Value™ of $16.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 192 Medical Diagnostics & Research companies, NeoGenomics ranks worse than 92.71% 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. NeoGenomics's annualized net income for the quarter that ended in Mar. 2026 was $-68.4 Mil. NeoGenomics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $25.8 Mil. Therefore, NeoGenomics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -265.42%.
The historical rank and industry rank for NeoGenomics's Return-on-Tangible-Equity or its related term are showing as below:
NEO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -371.2 Med: -140.16 Max: 9.72
Current: -371.2
During the past 13 years, NeoGenomics's highest Return-on-Tangible-Equity was 9.72%. The lowest was -371.20%. And the median was -140.16%.
NEO's Return-on-Tangible-Equity is ranked worse than 92.71% of 192
companies
in the Medical Diagnostics & Research industry
Industry Median: -0.405
vs NEO: -371.20
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.
NeoGenomics Return-on-Tangible-Equity Related Terms
NeoGenomics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NeoGenomics'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.
NEO vs WGS, CDNA, PSNL: Return-on-Tangible-Equity Comparison
For the Diagnostics & Research subindustry, NeoGenomics'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.
NeoGenomics Return-on-Tangible-Equity vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, NeoGenomics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NeoGenomics'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 -265.42% mean?
NeoGenomics (NEO) has a Return-on-Tangible-Equity of -265.42% 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 NeoGenomics and its competitors. According to the industry distribution chart, NeoGenomics ranks #178 out of 192 companies in the Medical Diagnostics & Research industry, placing it in the top 92.7%.
Is NeoGenomics' Return-on-Tangible-Equity too high?
NeoGenomics' current Return-on-Tangible-Equity is -265.42%. Based on the distribution chart, NeoGenomics ranks #178 out of 192 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, NeoGenomics has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NeoGenomics' Return-on-Tangible-Equity compare to WGS and CDNA?
According to the Medical Diagnostics & Research industry distribution chart, NeoGenomics ranks #178 out of 192 companies for Return-on-Tangible-Equity. This places NeoGenomics in the lower half of its industry. 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 Medical Diagnostics & Research company?
A good Return-on-Tangible-Equity depends on the Medical Diagnostics & Research industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 NeoGenomics and its competitors. NeoGenomics's current Return-on-Tangible-Equity is -265.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoGenomics stock overvalued right now?
Based on GuruFocus' analysis, NeoGenomics (NEO) is currently considered Fairly Valued. The stock's GF Value™ is $16.61, compared to a current price of $15.17 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Equity is -265.42%. NeoGenomics' overall GF Score™ is 72/100 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 NeoGenomics (NEO), the current Return-on-Tangible-Equity is -265.42% 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 NeoGenomics (NEO) Overvalued in 2026?
Based on GuruFocus' analysis, NeoGenomics stock appears to be undervalued.
The current stock price of $15.17 is trading 8.7% below its estimated GF Value™ of $16.61.
GuruFocus considers NeoGenomics to be Fairly Valued.
Key valuation signals for NEO:
Return-on-Tangible-Equity: -265.42%
GF Value™: $16.61 vs. price of $15.17 (8.7% below fair value)
No single metric tells the full story. See the NEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NeoGenomics Inc provides oncology diagnostic testing and consultative services which include technical laboratory services and professional interpretation of laboratory test results by licensed physicians or molecular experts in pathology and oncology. The company operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. The company operates in a single segment and derives revenue from clients by providing clinical cancer testing, interpretation, and consultative services, molecular and NGS testing, comprehensive technical and professional services offerings, clinical trials and research, validation laboratory services, and oncology data solutions.
72GF Score
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