Logic Instrument (STU:90I) Return-on-Tangible-Equity: 2.76% (As of Dec. 2025) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:90I Logic Instrument SA STU:90I
59 GF Score
Price €1.95
GF Value €1.77
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Logic Instrument Return-on-Tangible-Equity?

Logic Instrument STU:90I +0.41% 59 Return-on-Tangible-Equity is 2.76% as of Dec. 2025, which is 35% below its 10-year median of 4.27. GuruFocus rates STU:90I with a GF Score™ of 59/100 and a GF Value™ of €1.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,383 Hardware companies, Logic Instrument ranks better than 85.77% 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. Logic Instrument's annualized net income for the quarter that ended in Dec. 2025 was €0.19 Mil. Logic Instrument's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €7.02 Mil. Therefore, Logic Instrument's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.76%.

The historical rank and industry rank for Logic Instrument's Return-on-Tangible-Equity or its related term are showing as below:

STU:90I' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17   Med: 4.27   Max: 31.59
Current: 19.97

During the past 13 years, Logic Instrument's highest Return-on-Tangible-Equity was 31.59%. The lowest was -17.00%. And the median was 4.27%.

STU:90I's Return-on-Tangible-Equity is ranked better than
85.77% of 2383 companies
in the Hardware industry
Industry Median: 5.34 vs STU:90I: 19.97

Logic Instrument  (STU:90I) 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.


Logic Instrument Return-on-Tangible-Equity Related Terms


Logic Instrument Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Logic Instrument'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.

Logic Instrument Return-on-Tangible-Equity Chart

Logic Instrument Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.00 0.53 15.83 31.59 19.23

Logic Instrument Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.01 39.42 22.53 44.98 2.76

STU:90I vs SNDK, DELL, STX: Return-on-Tangible-Equity Comparison

For the Computer Hardware subindustry, Logic Instrument'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.


Logic Instrument Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Logic Instrument's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Logic Instrument's Return-on-Tangible-Equity falls into.


STU:90I
59GF Score
Logic Instrument SA STU:90I
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Logic Instrument Return-on-Tangible-Equity Calculation

Logic Instrument's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1.226/( (4.371+8.379 )/ 2 )
=1.226/6.375
=19.23 %

Logic Instrument's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=0.194/( (5.668+8.379)/ 2 )
=0.194/7.0235
=2.76 %

* 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 (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 2.76% mean?
Logic Instrument (STU:90I) has a Return-on-Tangible-Equity of 2.76% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Logic Instrument and its competitors. This is 35% below median its historical median of 4.27. According to the industry distribution chart, Logic Instrument ranks #339 out of 2383 companies in the Hardware industry, placing it in the top 14.2%.
Is Logic Instrument's Return-on-Tangible-Equity too high?
Logic Instrument's current Return-on-Tangible-Equity of 2.76% is 35% below median its 10-year median of 4.27. The Hardware industry median Return-on-Tangible-Equity is 5.34. Logic Instrument's value of 2.76% is 48.3% below this industry median. Based on the distribution chart, Logic Instrument ranks #339 out of 2383 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Logic Instrument has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Logic Instrument's Return-on-Tangible-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Logic Instrument ranks #339 out of 2383 companies for Return-on-Tangible-Equity. This places Logic Instrument in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.34. Logic Instrument's value of 2.76% is 48.3% below this benchmark. While the company's 10-year median is 4.27 vs. the industry median of 5.34, Logic Instrument has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. Logic Instrument's current Return-on-Tangible-Equity of 2.76% is 48.3% 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 Logic Instrument and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logic Instrument's current Return-on-Tangible-Equity is 2.76%, which is 35% below median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logic Instrument stock overvalued right now?
Based on GuruFocus' analysis, Logic Instrument (STU:90I) is currently considered Fairly Valued. The stock's GF Value™ is €1.77, compared to a current price of €1.95 — trading 9.9% above its estimated fair value. The current Return-on-Tangible-Equity is 2.76%, which is 35% below median its 10-year median of 4.27 and 48.3% below the Hardware industry median of 5.34. Logic Instrument's overall GF Score™ is 59/100 with 5 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 Logic Instrument (STU:90I), the current Return-on-Tangible-Equity is 2.76% as of Dec. 2025. 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 Logic Instrument (STU:90I) Overvalued in 2026?

Based on GuruFocus' analysis, Logic Instrument stock appears to be overvalued. The current stock price of €1.95 is trading 9.9% above its estimated GF Value™ of €1.77. GuruFocus considers Logic Instrument to be Fairly Valued.

Key valuation signals for STU:90I:

  • Return-on-Tangible-Equity: 2.76% (35% below median its 10-year median of 4.27)
  • GF Value™: €1.77 vs. price of €1.95 (9.9% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 48.3% below the Hardware median (#339 of 2383)

No single metric tells the full story. See the STU:90I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Logic Instrument Business Description

Other Exchanges ALLOG:France
Address 12 rue Ampere, Igny, FRA, 91430
Logic Instrument SA is a supplier of rugged mobile computers to industrial and military sectors. The product portfolio includes rugged field book tablets, rugged field book smartphones, Tetra/Roda Military series, among others.
59GF Score

Get the complete analysis for STU:90I

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.95
Price
€1.77
GF Value