Payoneer GlobalPAYOW 76 Return-on-Tangible-Equity is 20.15% as of Mar. 2026, which is 33% above its 10-year median of 15.20. GuruFocus rates PAYOW with a GF Score™ of 76/100. The stock has 7 warning signs investors should review. Among 2,476 Software companies, Payoneer Global ranks better than 61.95% 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. Payoneer Global's annualized net income for the quarter that ended in Mar. 2026 was $78.27 Mil. Payoneer Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $388.52 Mil. Therefore, Payoneer Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.15%.
The historical rank and industry rank for Payoneer Global's Return-on-Tangible-Equity or its related term are showing as below:
PAYOW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.18 Med: 15.2 Max: 21.78
Current: 15.68
During the past 8 years, Payoneer Global's highest Return-on-Tangible-Equity was 21.78%. The lowest was -17.18%. And the median was 15.20%.
PAYOW's Return-on-Tangible-Equity is ranked better than 61.95% of 2476
companies
in the Software industry
Industry Median: 8.82
vs PAYOW: 15.68
Payoneer Global (NAS:PAYOW) 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.
Payoneer Global Return-on-Tangible-Equity Related Terms
Payoneer Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Payoneer Global'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.
PAYOW vs NN, AVPT, ATEN: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Payoneer Global'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.
Payoneer Global Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Payoneer Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Payoneer Global'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 20.15% mean?
Payoneer Global (PAYOW) has a Return-on-Tangible-Equity of 20.15% 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 Payoneer Global and its competitors. This is 33% above median its historical median of 15.20. According to the industry distribution chart, Payoneer Global ranks #942 out of 2476 companies in the Software industry, placing it in the top 38%.
Is Payoneer Global's Return-on-Tangible-Equity too high?
Payoneer Global's current Return-on-Tangible-Equity of 20.15% is 33% above median its 10-year median of 15.20. The Software industry median Return-on-Tangible-Equity is 8.82. Payoneer Global's value of 20.15% is 128.5% above this industry median. Based on the distribution chart, Payoneer Global ranks #942 out of 2476 companies in the Software industry, which is above the industry midpoint. Overall, Payoneer Global has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Payoneer Global's Return-on-Tangible-Equity compare to NN and AVPT?
According to the Software industry distribution chart, Payoneer Global ranks #942 out of 2476 companies for Return-on-Tangible-Equity. This puts Payoneer Global in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Payoneer Global's value of 20.15% is 128.5% above this benchmark. While the company's 10-year median is 15.20 vs. the industry median of 8.82, Payoneer Global 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. Payoneer Global's current Return-on-Tangible-Equity of 20.15% is 128.5% 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 Payoneer Global 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. Payoneer Global's current Return-on-Tangible-Equity is 20.15%, which is 33% above median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Payoneer Global stock overvalued right now?
Payoneer Global (PAYOW) has a current Return-on-Tangible-Equity of 20.15%. The current Return-on-Tangible-Equity is 20.15%, which is 33% above median its 10-year median of 15.20 and 128.5% above the Software industry median of 8.82. Payoneer Global's overall GF Score™ is 76/100 with 7 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 Payoneer Global (PAYOW), the current Return-on-Tangible-Equity is 20.15% 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.
Payoneer Global Inc is a financial technology company that enables small and medium-sized businesses (SMBs) to grow internationally through its diversified cross-border payments platform. It connects businesses, professionals, countries, and currencies, reducing the complexity of commerce and enabling customers to pay and get paid as easily as locally. The company offers a financial stack that includes cross-border AR/AP capabilities, funds management, working capital solutions, multicurrency accounts, and workforce management services. Its fully hosted platform provides multiple payment options with minimal integration, along with back-office functions and customer support. The company operates in Israel, the United States, and other countries.
76GF Score
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