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Spire GlobalSTU:EL9 +0.95%59 Return-on-Tangible-Equity is -133.61% as of Mar. 2026. GuruFocus rates STU:EL9 with a GF Score™ of 59/100 and a GF Value™ of €3.70 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,009 Business Services companies, Spire Global ranks better than 87.81% 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. Spire Global's annualized net income for the quarter that ended in Mar. 2026 was €-89.42 Mil. Spire Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €66.93 Mil. Therefore, Spire Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -133.61%.
The historical rank and industry rank for Spire Global's Return-on-Tangible-Equity or its related term are showing as below:
STU:EL9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2291.41 Med: -1046.69 Max: 198.03
Current: 66.31
During the past 6 years, Spire Global's highest Return-on-Tangible-Equity was 198.03%. The lowest was -2,291.41%. And the median was -1,046.69%.
STU:EL9's Return-on-Tangible-Equity is ranked better than 87.81% of 1009
companies
in the Business Services industry
Industry Median: 10.69
vs STU:EL9: 66.31
Spire Global (STU:EL9) 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.
Spire Global Return-on-Tangible-Equity Related Terms
Spire Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spire 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.
STU:EL9 vs CASS, QUAD, TRNS: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Spire 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.
Spire Global Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spire 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 -133.61% mean?
Spire Global (STU:EL9) has a Return-on-Tangible-Equity of -133.61% 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 Spire Global and its competitors. According to the industry distribution chart, Spire Global ranks #123 out of 1009 companies in the Business Services industry, placing it in the top 12.2%.
Is Spire Global's Return-on-Tangible-Equity too high?
Spire Global's current Return-on-Tangible-Equity is -133.61%. Based on the distribution chart, Spire Global ranks #123 out of 1009 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spire Global has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's Return-on-Tangible-Equity compare to CASS and QUAD?
According to the Business Services industry distribution chart, Spire Global ranks #123 out of 1009 companies for Return-on-Tangible-Equity. This places Spire Global in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.69. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.69, based on 1,009 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 Spire Global and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire Global's current Return-on-Tangible-Equity is -133.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire Global stock overvalued right now?
Based on GuruFocus' analysis, Spire Global (STU:EL9) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.70, compared to a current price of €10.60 — trading 186.5% above its estimated fair value. The current Return-on-Tangible-Equity is -133.61%. Spire Global's overall GF Score™ is 59/100 with 8 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 Spire Global (STU:EL9), the current Return-on-Tangible-Equity is -133.61% 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 Spire Global (STU:EL9) Overvalued in 2026?
Based on GuruFocus' analysis, Spire Global stock appears to be overvalued.
The current stock price of €10.60 is trading 186.5% above its estimated GF Value™ of €3.70.
GuruFocus considers Spire Global to be Significantly Overvalued.
Key valuation signals for STU:EL9:
Return-on-Tangible-Equity: -133.61%
GF Value™: €3.70 vs. price of €10.60 (186.5% above fair value)
No single metric tells the full story. See the STU:EL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spire Global Inc provides space-based data, analytics, and space services, offering datasets and insights about Earth to support decision-making. It builds, owns, and operates a constellation of nanosatellites that observe the Earth in real time using radio frequency (RF) technology. Additionally, it offers Space Services solutions that allow customers to deploy and scale their own satellite constellations using its platform, ground station network, manufacturing facilities, and launch partnerships. The company derives revenue from providing data, insights and access to its cloud-based technology platform sold on a subscription basis.
59GF Score
Get the complete analysis for STU:EL9
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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