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PaySauceNZSE:PYS +4.76%47 Return-on-Tangible-Equity is 4.74% as of Mar. 2026. GuruFocus rates NZSE:PYS with a GF Score™ of 47/100 and a GF Value™ of NZ$0.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,481 Software companies, PaySauce ranks better than 58.69% 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. PaySauce's annualized net income for the quarter that ended in Mar. 2026 was NZ$0.13 Mil. PaySauce's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NZ$2.66 Mil. Therefore, PaySauce's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.74%.
The historical rank and industry rank for PaySauce's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:PYS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -654.57 Med: -47.51 Max: 7948.39
Current: 14.19
During the past 13 years, PaySauce's highest Return-on-Tangible-Equity was 7,948.39%. The lowest was -654.57%. And the median was -47.51%.
NZSE:PYS's Return-on-Tangible-Equity is ranked better than 58.69% of 2481
companies
in the Software industry
Industry Median: 8.86
vs NZSE:PYS: 14.19
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.
PaySauce Return-on-Tangible-Equity Related Terms
PaySauce Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PaySauce'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.
NZSE:PYS vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, PaySauce'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.
PaySauce Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, PaySauce's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PaySauce'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 two times the semi-annual (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 4.74% mean?
PaySauce (NZSE:PYS) has a Return-on-Tangible-Equity of 4.74% 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 PaySauce and its competitors. According to the industry distribution chart, PaySauce ranks #1025 out of 2481 companies in the Software industry, placing it in the top 41.3%.
Is PaySauce's Return-on-Tangible-Equity too high?
PaySauce's current Return-on-Tangible-Equity is 4.74%. The Software industry median Return-on-Tangible-Equity is 8.86. PaySauce's value of 4.74% is 46.5% below this industry median. Based on the distribution chart, PaySauce ranks #1025 out of 2481 companies in the Software industry, which is above the industry midpoint. Overall, PaySauce has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PaySauce's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, PaySauce ranks #1025 out of 2481 companies for Return-on-Tangible-Equity. This puts PaySauce in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.86. PaySauce's value of 4.74% is 46.5% below this benchmark. 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 8.86, based on 2,481 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. PaySauce's current Return-on-Tangible-Equity of 4.74% is 46.5% below 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 PaySauce and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PaySauce's current Return-on-Tangible-Equity is 4.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PaySauce stock overvalued right now?
Based on GuruFocus' analysis, PaySauce (NZSE:PYS) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.29, compared to a current price of NZ$0.22 — trading 24.1% below its estimated fair value. The current Return-on-Tangible-Equity is 4.74% and 46.5% below the Software industry median of 8.86. PaySauce's overall GF Score™ is 47/100 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 PaySauce (NZSE:PYS), the current Return-on-Tangible-Equity is 4.74% 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 PaySauce (NZSE:PYS) Overvalued in 2026?
Based on GuruFocus' analysis, PaySauce stock appears to be undervalued.
The current stock price of NZ$0.22 is trading 24.1% below its estimated GF Value™ of NZ$0.29.
GuruFocus considers PaySauce to be Modestly Undervalued.
Key valuation signals for NZSE:PYS:
Return-on-Tangible-Equity: 4.74%
GF Value™: NZ$0.29 vs. price of NZ$0.22 (24.1% below fair value)
Industry Position: 46.5% below the Software median (#1025 of 2481)
No single metric tells the full story. See the NZSE:PYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PaySauce Ltd operates a SaaS-based fintech platform that provides digital payroll solutions across multiple jurisdictions in the Asia-Pacific region. Its technology enables employers to onboard, pay, and manage employees digitally. The platform includes features such as rosters, mobile timesheets, payroll calculations, banking integration, automated payments, PAYE filing, labour costing, and automated general ledger entries. It also offers a feature that allows employees to access earned wages before scheduled pay dates. The company generates the majority of its revenue in the form of processing fees, which are the monthly or annual subscription fees that customers pay for PaySauce payroll products. It also earns interest income on a float of funds held on behalf of customers.
47GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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