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Spok HoldingsSPOK +1.95%58 Return-on-Tangible-Equity is 39.96% as of Jun. 2026, which is 1086% above its 10-year median of 3.37. GuruFocus rates SPOK with a GF Score™ of 58/100 and a GF Value™ of $14.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 576 Healthcare Providers & Services companies, Spok Holdings ranks better than 74.13% 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. Spok Holdings's annualized net income for the quarter that ended in Jun. 2026 was $16.5 Mil. Spok Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $41.2 Mil. Therefore, Spok Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 39.96%.
The historical rank and industry rank for Spok Holdings's Return-on-Tangible-Equity or its related term are showing as below:
SPOK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.36 Med: 3.37 Max: 30.9
Current: 26.5
During the past 13 years, Spok Holdings's highest Return-on-Tangible-Equity was 30.90%. The lowest was -41.36%. And the median was 3.37%.
SPOK's Return-on-Tangible-Equity is ranked better than 74.13% of 576
companies
in the Healthcare Providers & Services industry
Industry Median: 10.605
vs SPOK: 26.50
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.
Spok Holdings Return-on-Tangible-Equity Related Terms
Spok Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spok 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.
SPOK vs SY, AMWL, LFMD: Return-on-Tangible-Equity Comparison
For the Health Information Services subindustry, Spok 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.
Spok Holdings Return-on-Tangible-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spok 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 four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 39.96% mean?
Spok Holdings (SPOK) has a Return-on-Tangible-Equity of 39.96% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Spok Holdings and its competitors. This is 1086% above median its historical median of 3.37. According to the industry distribution chart, Spok Holdings ranks #149 out of 576 companies in the Healthcare Providers & Services industry, placing it in the top 25.9%.
Is Spok Holdings' Return-on-Tangible-Equity too high?
Spok Holdings' current Return-on-Tangible-Equity of 39.96% is 1086% above median its 10-year median of 3.37. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.61. Spok Holdings' value of 39.96% is 276.8% above this industry median. Based on the distribution chart, Spok Holdings ranks #149 out of 576 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Spok Holdings has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' Return-on-Tangible-Equity compare to SY and AMWL?
According to the Healthcare Providers & Services industry distribution chart, Spok Holdings ranks #149 out of 576 companies for Return-on-Tangible-Equity. This puts Spok Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.61. Spok Holdings' value of 39.96% is 276.8% above this benchmark. While the company's 10-year median is 3.37 vs. the industry median of 10.61, Spok 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.61, based on 576 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. Spok Holdings's current Return-on-Tangible-Equity of 39.96% is 276.8% 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 Spok Holdings and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spok Holdings's current Return-on-Tangible-Equity is 39.96%, which is 1086% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (SPOK) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.55, compared to a current price of $11.51 — trading 20.9% below its estimated fair value. The current Return-on-Tangible-Equity is 39.96%, which is 1086% above median its 10-year median of 3.37 and 276.8% above the Healthcare Providers & Services industry median of 10.61. Spok Holdings' overall GF Score™ is 58/100 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 Spok Holdings (SPOK), the current Return-on-Tangible-Equity is 39.96% as of Jun. 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 Spok Holdings (SPOK) Overvalued in 2026?
Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued.
The current stock price of $11.51 is trading 20.9% below its estimated GF Value™ of $14.55.
GuruFocus considers Spok Holdings to be Modestly Undervalued.
Key valuation signals for SPOK:
Return-on-Tangible-Equity: 39.96% (1086% above median its 10-year median of 3.37)
GF Value™: $14.55 vs. price of $11.51 (20.9% below fair value)
Industry Position: 276.8% above the Healthcare Providers & Services median (#149 of 576)
No single metric tells the full story. See the SPOK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
58GF 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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