LSI IndustriesSTU:LS2 85 Return-on-Tangible-Equity is 32.38% as of Mar. 2026, which is 175% above its 10-year median of 11.78. GuruFocus rates STU:LS2 with a GF Score™ of 85/100 and a GF Value™ of €16.73 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,380 Hardware companies, LSI Industries ranks better than 93.91% 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. LSI Industries's annualized net income for the quarter that ended in Mar. 2026 was €7.2 Mil. LSI Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €22.3 Mil. Therefore, LSI Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 32.38%.
The historical rank and industry rank for LSI Industries's Return-on-Tangible-Equity or its related term are showing as below:
STU:LS2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.59 Med: 11.78 Max: 60.88
Current: 37.23
During the past 13 years, LSI Industries's highest Return-on-Tangible-Equity was 60.88%. The lowest was -28.59%. And the median was 11.78%.
STU:LS2's Return-on-Tangible-Equity is ranked better than 93.91% of 2380
companies
in the Hardware industry
Industry Median: 5.25
vs STU:LS2: 37.23
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.
LSI Industries Return-on-Tangible-Equity Related Terms
LSI Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LSI Industries'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:LS2 vs DAKT, LPTH, KOPN: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, LSI Industries'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.
LSI Industries Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, LSI Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LSI Industries'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 32.38% mean?
LSI Industries (STU:LS2) has a Return-on-Tangible-Equity of 32.38% 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 LSI Industries and its competitors. This is 175% above median its historical median of 11.78. According to the industry distribution chart, LSI Industries ranks #145 out of 2380 companies in the Hardware industry, placing it in the top 6.1%.
Is LSI Industries' Return-on-Tangible-Equity too high?
LSI Industries' current Return-on-Tangible-Equity of 32.38% is 175% above median its 10-year median of 11.78. The Hardware industry median Return-on-Tangible-Equity is 5.25. LSI Industries' value of 32.38% is 516.8% above this industry median. Based on the distribution chart, LSI Industries ranks #145 out of 2380 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, LSI Industries has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Return-on-Tangible-Equity compare to DAKT and LPTH?
According to the Hardware industry distribution chart, LSI Industries ranks #145 out of 2380 companies for Return-on-Tangible-Equity. This places LSI Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.25. LSI Industries' value of 32.38% is 516.8% above this benchmark. While the company's 10-year median is 11.78 vs. the industry median of 5.25, LSI Industries 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.25, based on 2,380 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. LSI Industries's current Return-on-Tangible-Equity of 32.38% is 516.8% 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 LSI Industries and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Industries's current Return-on-Tangible-Equity is 32.38%, which is 175% above median its own 10-year median of 11.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
Based on GuruFocus' analysis, LSI Industries (STU:LS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.73, compared to a current price of €22.80 — trading 36.3% above its estimated fair value. The current Return-on-Tangible-Equity is 32.38%, which is 175% above median its 10-year median of 11.78 and 516.8% above the Hardware industry median of 5.25. LSI Industries' overall GF Score™ is 85/100 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 LSI Industries (STU:LS2), the current Return-on-Tangible-Equity is 32.38% 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 LSI Industries (STU:LS2) Overvalued in 2026?
Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued.
The current stock price of €22.80 is trading 36.3% above its estimated GF Value™ of €16.73.
GuruFocus considers LSI Industries to be Significantly Overvalued.
Key valuation signals for STU:LS2:
Return-on-Tangible-Equity: 32.38% (175% above median its 10-year median of 11.78)
GF Value™: €16.73 vs. price of €22.80 (36.3% above fair value)
Industry Position: 516.8% above the Hardware median (#145 of 2380)
No single metric tells the full story. See the STU:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
85GF Score
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