Track GroupTRCK -8.00%29 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates TRCK with a GF Score™ of 29/100 and a GF Value™ of $0.27 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,377 Hardware companies, Track Group ranks better than 99.96% 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. Track Group's annualized net income for the quarter that ended in Mar. 2026 was $-2.84 Mil. Track Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-34.96 Mil. Therefore, Track Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Track Group's Return-on-Tangible-Equity or its related term are showing as below:
TRCK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
TRCK's Return-on-Tangible-Equity is ranked better than 99.96% of 2377
companies
in the Hardware industry
Industry Median: 5.27
vs TRCK: Negative Tangible Equity
Track Group (OTCPK:TRCK) 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.
Track Group Return-on-Tangible-Equity Related Terms
Track Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Track Group'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.
TRCK vs AATC, ELSE, ACFN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Track Group'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.
Track Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Track Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Track Group'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 0.00% mean?
Track Group (TRCK) has a Return-on-Tangible-Equity of 0.00% 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 Track Group and its competitors. According to the industry distribution chart, Track Group ranks #1 out of 2377 companies in the Hardware industry, placing it in the top 0%.
Is Track Group's Return-on-Tangible-Equity too high?
Track Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Track Group ranks #1 out of 2377 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Track Group has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Return-on-Tangible-Equity compare to AATC and ELSE?
According to the Hardware industry distribution chart, Track Group ranks #1 out of 2377 companies for Return-on-Tangible-Equity. This places Track Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. 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 5.27, based on 2,377 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 Track Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.69 — trading 155.6% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Track Group's overall GF Score™ is 29/100 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 Track Group (TRCK), the current Return-on-Tangible-Equity is 0.00% 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 Track Group (TRCK) Overvalued in 2026?
Based on GuruFocus' analysis, Track Group stock appears to be overvalued.
The current stock price of $0.69 is trading 155.6% above its estimated GF Value™ of $0.27.
GuruFocus considers Track Group to be Significantly Overvalued.
Key valuation signals for TRCK:
Return-on-Tangible-Equity: 0.00%
GF Value™: $0.27 vs. price of $0.69 (155.6% above fair value)
No single metric tells the full story. See the TRCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
29GF Score
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