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Azeus Systems HoldingsSGX:BBW +0.20%87 Return-on-Tangible-Equity is 72.87% as of Mar. 2026, which is 157% above its 10-year median of 28.38. GuruFocus rates SGX:BBW with a GF Score™ of 87/100 and a GF Value™ of S$14.93 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,483 Software companies, Azeus Systems Holdings ranks better than 83.89% 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. Azeus Systems Holdings's annualized net income for the quarter that ended in Mar. 2026 was S$28.25 Mil. Azeus Systems Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was S$38.76 Mil. Therefore, Azeus Systems Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 72.87%.
The historical rank and industry rank for Azeus Systems Holdings's Return-on-Tangible-Equity or its related term are showing as below:
SGX:BBW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.06 Med: 28.38 Max: 87.21
Current: 57.14
During the past 13 years, Azeus Systems Holdings's highest Return-on-Tangible-Equity was 87.21%. The lowest was -28.06%. And the median was 28.38%.
SGX:BBW's Return-on-Tangible-Equity is ranked better than 83.89% of 2483
companies
in the Software industry
Industry Median: 9.68
vs SGX:BBW: 57.14
Azeus Systems Holdings (SGX:BBW) 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.
Azeus Systems Holdings Return-on-Tangible-Equity Related Terms
Azeus Systems Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Azeus Systems Holdings'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.
Azeus Systems Holdings Return-on-Tangible-Equity Chart
SGX:BBW vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Azeus Systems Holdings'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.
Azeus Systems Holdings Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Azeus Systems Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Azeus Systems Holdings'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 72.87% mean?
Azeus Systems Holdings (SGX:BBW) has a Return-on-Tangible-Equity of 72.87% 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 Azeus Systems Holdings and its competitors. This is 157% above median its historical median of 28.38. According to the industry distribution chart, Azeus Systems Holdings ranks #400 out of 2483 companies in the Software industry, placing it in the top 16.1%.
Is Azeus Systems Holdings' Return-on-Tangible-Equity too high?
Azeus Systems Holdings' current Return-on-Tangible-Equity of 72.87% is 157% above median its 10-year median of 28.38. The Software industry median Return-on-Tangible-Equity is 9.68. Azeus Systems Holdings' value of 72.87% is 652.8% above this industry median. Based on the distribution chart, Azeus Systems Holdings ranks #400 out of 2483 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Azeus Systems Holdings has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azeus Systems Holdings' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Azeus Systems Holdings ranks #400 out of 2483 companies for Return-on-Tangible-Equity. This places Azeus Systems Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.68. Azeus Systems Holdings' value of 72.87% is 652.8% above this benchmark. While the company's 10-year median is 28.38 vs. the industry median of 9.68, Azeus Systems Holdings 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 9.68, based on 2,483 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. Azeus Systems Holdings's current Return-on-Tangible-Equity of 72.87% is 652.8% 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 Azeus Systems Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azeus Systems Holdings's current Return-on-Tangible-Equity is 72.87%, which is 157% above median its own 10-year median of 28.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azeus Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Azeus Systems Holdings (SGX:BBW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$14.93, compared to a current price of S$10.20 — trading 31.7% below its estimated fair value. The current Return-on-Tangible-Equity is 72.87%, which is 157% above median its 10-year median of 28.38 and 652.8% above the Software industry median of 9.68. Azeus Systems Holdings' overall GF Score™ is 87/100 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 Azeus Systems Holdings (SGX:BBW), the current Return-on-Tangible-Equity is 72.87% 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 Azeus Systems Holdings (SGX:BBW) Overvalued in 2026?
Based on GuruFocus' analysis, Azeus Systems Holdings stock appears to be undervalued.
The current stock price of S$10.20 is trading 31.7% below its estimated GF Value™ of S$14.93.
GuruFocus considers Azeus Systems Holdings to be Significantly Undervalued.
Key valuation signals for SGX:BBW:
Return-on-Tangible-Equity: 72.87% (157% above median its 10-year median of 28.38)
GF Value™: S$14.93 vs. price of S$10.20 (31.7% below fair value)
Industry Position: 652.8% above the Software median (#400 of 2483)
No single metric tells the full story. See the SGX:BBW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azeus Systems Holdings Ltd is an investment holding company that provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa. It operates through two segments, IT Services and Azeus Product. The IT Service segment includes designing and implementing a broad range of IT software and systems, as well as developing and integrating various software programmes of IT systems to fulfill the outsourcing needs of its customers. Its Product includes developing innovative technologies and solutions such as proprietary products known as AzeusCare, an enterprise level social care management system, and Convene, an award-winning Board Portal.
87GF Score
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