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. Elliptic Laboratories ASA's annualized net income for the quarter that ended in Mar. 2026 was €-8.12 Mil. Elliptic Laboratories ASA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €11.68 Mil. Therefore, Elliptic Laboratories ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -69.50%.
The historical rank and industry rank for Elliptic Laboratories ASA's Return-on-Tangible-Equity or its related term are showing as below:
STU:EIP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -74.52 Med: -14.44 Max: 3.52
Current: -61.94
During the past 9 years, Elliptic Laboratories ASA's highest Return-on-Tangible-Equity was 3.52%. The lowest was -74.52%. And the median was -14.44%.
STU:EIP's Return-on-Tangible-Equity is ranked worse than 88.61% of 2467
companies
in the Software industry
Industry Median: 8.82
vs STU:EIP: -61.94
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.
Elliptic Laboratories ASA Return-on-Tangible-Equity Related Terms
Elliptic Laboratories ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Elliptic Laboratories ASA'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.
STU:EIP vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, Elliptic Laboratories ASA'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.
Elliptic Laboratories ASA Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Elliptic Laboratories ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Elliptic Laboratories ASA'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 -69.50% mean?
Elliptic Laboratories ASA (STU:EIP) has a Return-on-Tangible-Equity of -69.50% 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 Elliptic Laboratories ASA and its competitors. According to the industry distribution chart, Elliptic Laboratories ASA ranks #2186 out of 2467 companies in the Software industry, placing it in the top 88.6%.
Is Elliptic Laboratories ASA's Return-on-Tangible-Equity too high?
Elliptic Laboratories ASA's current Return-on-Tangible-Equity is -69.50%. Based on the distribution chart, Elliptic Laboratories ASA ranks #2186 out of 2467 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Elliptic Laboratories ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elliptic Laboratories ASA's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Elliptic Laboratories ASA ranks #2186 out of 2467 companies for Return-on-Tangible-Equity. This places Elliptic Laboratories ASA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. 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 2,467 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. 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 Elliptic Laboratories ASA 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. Elliptic Laboratories ASA's current Return-on-Tangible-Equity is -69.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elliptic Laboratories ASA stock overvalued right now?
Based on GuruFocus' analysis, Elliptic Laboratories ASA (STU:EIP) is currently considered Possible Value Trap. The stock's GF Value™ is €1.28, compared to a current price of €0.25 — trading 80.9% below its estimated fair value. The current Return-on-Tangible-Equity is -69.50%. Elliptic Laboratories ASA's overall GF Score™ is 64/100 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 Elliptic Laboratories ASA (STU:EIP), the current Return-on-Tangible-Equity is -69.50% 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 Elliptic Laboratories ASA (STU:EIP) Overvalued in 2026?
Based on GuruFocus' analysis, Elliptic Laboratories ASA stock appears to be undervalued.
The current stock price of €0.25 is trading 80.9% below its estimated GF Value™ of €1.28.
GuruFocus considers Elliptic Laboratories ASA to be Possible Value Trap.
Key valuation signals for STU:EIP:
Return-on-Tangible-Equity: -69.50%
GF Value™: €1.28 vs. price of €0.25 (80.9% below fair value)
No single metric tells the full story. See the STU:EIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elliptic Laboratories ASA develops and sells technical solutions that enable the interaction and information exchanges between individuals and technical devices, based on ultrasound software technology. Such devices include mobile phones, IoT devices, and other devices that could deploy the group's software technology to enhance the user experience. Its patented artificial intelligence (AI) software platform combines ultrasound and sensor fusion algorithms to deliver intuitive proximity, presence, and gesture sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in hundreds of millions of devices around the world.
64GF Score
Get the complete analysis for STU:EIP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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