BiprogyNTULF 73 Return-on-Tangible-Equity is 32.21% as of Mar. 2026, which is 62% above its 10-year median of 19.86. GuruFocus rates NTULF with a GF Score™ of 73/100 and a GF Value™ of $34.00 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,476 Software companies, Biprogy ranks better than 72.66% 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. Biprogy's annualized net income for the quarter that ended in Mar. 2026 was $226 Mil. Biprogy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $702 Mil. Therefore, Biprogy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 32.21%.
The historical rank and industry rank for Biprogy's Return-on-Tangible-Equity or its related term are showing as below:
NTULF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.98 Med: 19.86 Max: 27.82
Current: 25.38
During the past 13 years, Biprogy's highest Return-on-Tangible-Equity was 27.82%. The lowest was 14.98%. And the median was 19.86%.
NTULF's Return-on-Tangible-Equity is ranked better than 72.66% of 2476
companies
in the Software industry
Industry Median: 8.82
vs NTULF: 25.38
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.
Biprogy Return-on-Tangible-Equity Related Terms
Biprogy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Biprogy'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.
NTULF vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Biprogy'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.
Biprogy Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Biprogy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Biprogy'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 32.21% mean?
Biprogy (NTULF) has a Return-on-Tangible-Equity of 32.21% 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 Biprogy and its competitors. This is 62% above median its historical median of 19.86. Over the past decade, Biprogy's Return-on-Tangible-Equity has ranged from 14.98 to 27.82. According to the industry distribution chart, Biprogy ranks #677 out of 2476 companies in the Software industry, placing it in the top 27.3%.
Is Biprogy's Return-on-Tangible-Equity too high?
Biprogy's current Return-on-Tangible-Equity of 32.21% is 62% above median its 10-year median of 19.86. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 27.82. The Software industry median Return-on-Tangible-Equity is 8.82. Biprogy's value of 32.21% is 265.2% above this industry median. Based on the distribution chart, Biprogy ranks #677 out of 2476 companies in the Software industry, which is above the industry midpoint. Overall, Biprogy has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Biprogy's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Biprogy ranks #677 out of 2476 companies for Return-on-Tangible-Equity. This puts Biprogy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Biprogy's value of 32.21% is 265.2% above this benchmark. Historically, Biprogy's own Return-on-Tangible-Equity has ranged from 14.98 to 27.82 over the past decade. While the company's 10-year median is 19.86 vs. the industry median of 8.82, Biprogy 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 8.82, based on 2,476 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. Biprogy's current Return-on-Tangible-Equity of 32.21% is 265.2% 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 Biprogy and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biprogy's current Return-on-Tangible-Equity is 32.21%, which is 62% above median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biprogy stock overvalued right now?
Based on GuruFocus' analysis, Biprogy (NTULF) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.00, compared to a current price of $28.78 — trading 15.4% below its estimated fair value. The current Return-on-Tangible-Equity is 32.21%, which is 62% above median its 10-year median of 19.86 and 265.2% above the Software industry median of 8.82. Biprogy's overall GF Score™ is 73/100 with 1 warning sign 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 Biprogy (NTULF), the current Return-on-Tangible-Equity is 32.21% 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 Biprogy (NTULF) Overvalued in 2026?
Based on GuruFocus' analysis, Biprogy stock appears to be undervalued.
The current stock price of $28.78 is trading 15.4% below its estimated GF Value™ of $34.00.
GuruFocus considers Biprogy to be Modestly Undervalued.
Key valuation signals for NTULF:
Return-on-Tangible-Equity: 32.21% (62% above median its 10-year median of 19.86)
GF Value™: $34.00 vs. price of $28.78 (15.4% below fair value)
Industry Position: 265.2% above the Software median (#677 of 2476)
No single metric tells the full story. See the NTULF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Biprogy Inc is engaged in the service business, such as cloud and outsourcing, sales/rental of computer systems and network systems, software development/sales, and various system services. The company operates through five segments. The Hardware segment supplies equipment through sales contracts and lease agreements. The Outsourcing segment handles information system operation consignment. The Software segment provides licensed software. The Support Service segment offers software and hardware maintenance, implementation support, and related services. The System Service segment covers contract software development, SE services, and consulting, and the Others segment includes line services and equipment construction.
73GF Score
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