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.
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.
Qnity ElectronicsSTU:Z5O -0.87%25 Return-on-Tangible-Equity is Negative Tangible Equity% as of Jun. 2026. GuruFocus rates STU:Z5O with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 991 Semiconductors companies, Qnity Electronics ranks better than 99.9% 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. Qnity Electronics's annualized net income for the quarter that ended in Jun. 2026 was €431 Mil. Qnity Electronics's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €-1,153 Mil. Therefore, Qnity Electronics's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Qnity Electronics's Return-on-Tangible-Equity or its related term are showing as below:
STU:Z5O'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.05 Med: 35.31 Max: 313.83
Current: Negative Tangible Equity
During the past 4 years, Qnity Electronics's highest Return-on-Tangible-Equity was 313.83%. The lowest was 26.05%. And the median was 35.31%.
STU:Z5O's Return-on-Tangible-Equity is ranked better than 99.9% of 991
companies
in the Semiconductors industry
Industry Median: 6.35
vs STU:Z5O: Negative Tangible Equity
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.
Qnity Electronics Return-on-Tangible-Equity Related Terms
Qnity Electronics Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Qnity Electronics'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:Z5O vs ENTG, AMKR, NVMI: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Qnity Electronics'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.
Qnity Electronics Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Qnity Electronics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Qnity Electronics'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 Negative Tangible Equity% mean?
Qnity Electronics (STU:Z5O) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Qnity Electronics and its competitors. Over the past decade, Qnity Electronics' Return-on-Tangible-Equity has ranged from 26.05 to 313.83. According to the industry distribution chart, Qnity Electronics ranks #1 out of 991 companies in the Semiconductors industry, placing it in the top 0.099999999999994%.
Is Qnity Electronics' Return-on-Tangible-Equity too high?
Qnity Electronics' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 26.05 to a high of 313.83. Based on the distribution chart, Qnity Electronics ranks #1 out of 991 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Qnity Electronics has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Qnity Electronics' Return-on-Tangible-Equity compare to ENTG and AMKR?
According to the Semiconductors industry distribution chart, Qnity Electronics ranks #1 out of 991 companies for Return-on-Tangible-Equity. This places Qnity Electronics in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.35. Historically, Qnity Electronics' own Return-on-Tangible-Equity has ranged from 26.05 to 313.83 over the past decade. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 6.35, based on 991 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 Qnity Electronics and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qnity Electronics's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qnity Electronics stock overvalued right now?
Qnity Electronics (STU:Z5O) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Qnity Electronics' overall GF Score™ is 25/100 with 2 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 Qnity Electronics (STU:Z5O), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
Qnity is a specialty chemicals company created in 2025 after being spun off from DuPont. It sells chemicals and materials to the semiconductor industry, which generates the majority of sales, and also the electronics industry. Qnity specializes in materials science, including supplying key materials required to manufacture semiconductors and interconnected devices.
25GF Score
Get the complete analysis for STU:Z5O
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:Z5O has been successfully added to your 
