Asseco South Eastern EuropeWAR:ASE -0.16%84 Return-on-Tangible-Equity is 67.68% as of Mar. 2026, which is 37% above its 10-year median of 49.23. GuruFocus rates WAR:ASE with a GF Score™ of 84/100 and a GF Value™ of zł58.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,471 Software companies, Asseco South Eastern Europe ranks better than 89.6% 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. Asseco South Eastern Europe's annualized net income for the quarter that ended in Mar. 2026 was zł190 Mil. Asseco South Eastern Europe's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł281 Mil. Therefore, Asseco South Eastern Europe's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 67.68%.
The historical rank and industry rank for Asseco South Eastern Europe's Return-on-Tangible-Equity or its related term are showing as below:
WAR:ASE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.1 Med: 49.23 Max: 344.94
Current: 177.09
During the past 13 years, Asseco South Eastern Europe's highest Return-on-Tangible-Equity was 344.94%. The lowest was 26.10%. And the median was 49.23%.
WAR:ASE's Return-on-Tangible-Equity is ranked better than 89.6% of 2471
companies
in the Software industry
Industry Median: 8.77
vs WAR:ASE: 177.09
Asseco South Eastern Europe (WAR:ASE) 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.
Asseco South Eastern Europe Return-on-Tangible-Equity Related Terms
Asseco South Eastern Europe Return-on-Tangible-Equity Historical Data
* 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.
Asseco South Eastern Europe Return-on-Tangible-Equity Chart
WAR:ASE vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Asseco South Eastern Europe'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.
Asseco South Eastern Europe Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Asseco South Eastern Europe's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asseco South Eastern Europe'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 67.68% mean?
Asseco South Eastern Europe (WAR:ASE) has a Return-on-Tangible-Equity of 67.68% 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 Asseco South Eastern Europe and its competitors. This is 37% above median its historical median of 49.23. Over the past decade, Asseco South Eastern Europe's Return-on-Tangible-Equity has ranged from 26.10 to 344.94. According to the industry distribution chart, Asseco South Eastern Europe ranks #257 out of 2471 companies in the Software industry, placing it in the top 10.4%.
Is Asseco South Eastern Europe's Return-on-Tangible-Equity too high?
Asseco South Eastern Europe's current Return-on-Tangible-Equity of 67.68% is 37% above median its 10-year median of 49.23. Over the past 10 years, this metric has ranged from a low of 26.10 to a high of 344.94. The Software industry median Return-on-Tangible-Equity is 8.77. Asseco South Eastern Europe's value of 67.68% is 671.7% above this industry median. Based on the distribution chart, Asseco South Eastern Europe ranks #257 out of 2471 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Asseco South Eastern Europe has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asseco South Eastern Europe's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Asseco South Eastern Europe ranks #257 out of 2471 companies for Return-on-Tangible-Equity. This places Asseco South Eastern Europe in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.77. Asseco South Eastern Europe's value of 67.68% is 671.7% above this benchmark. Historically, Asseco South Eastern Europe's own Return-on-Tangible-Equity has ranged from 26.10 to 344.94 over the past decade. While the company's 10-year median is 49.23 vs. the industry median of 8.77, Asseco South Eastern Europe 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,471 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. Asseco South Eastern Europe's current Return-on-Tangible-Equity of 67.68% is 671.7% 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 Asseco South Eastern Europe and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asseco South Eastern Europe's current Return-on-Tangible-Equity is 67.68%, which is 37% above median its own 10-year median of 49.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco South Eastern Europe stock overvalued right now?
Based on GuruFocus' analysis, Asseco South Eastern Europe (WAR:ASE) is currently considered Fairly Valued. The stock's GF Value™ is zł58.90, compared to a current price of zł60.60 — trading 2.9% above its estimated fair value. The current Return-on-Tangible-Equity is 67.68%, which is 37% above median its 10-year median of 49.23 and 671.7% above the Software industry median of 8.77. Asseco South Eastern Europe's overall GF Score™ is 84/100 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 Asseco South Eastern Europe (WAR:ASE), the current Return-on-Tangible-Equity is 67.68% 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 Asseco South Eastern Europe (WAR:ASE) Overvalued in 2026?
Based on GuruFocus' analysis, Asseco South Eastern Europe stock appears to be overvalued.
The current stock price of zł60.60 is trading 2.9% above its estimated GF Value™ of zł58.90.
GuruFocus considers Asseco South Eastern Europe to be Fairly Valued.
Key valuation signals for WAR:ASE:
Return-on-Tangible-Equity: 67.68% (37% above median its 10-year median of 49.23)
GF Value™: zł58.90 vs. price of zł60.60 (2.9% above fair value)
Industry Position: 671.7% above the Software median (#257 of 2471)
No single metric tells the full story. See the WAR:ASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asseco South Eastern Europe SA along with its subsidiaries provides implementation, integration and outsourcing services. It conducts business operations in the markets of Poland, South Eastern Europe, and Turkey. Its business is divided into three operating segments. Banking Solutions segment deals with integrated banking systems based on the Oracle and Microsoft platforms, including primarily core banking systems. Payment Solutions is engaged in the sale and maintenance of ATMs and POS terminals (point of sale) as well as in the provision of related support services. Systems Integration segment is engaged in the development of customized IT systems, integration of third-party software and elements of infrastructure, as well as in the sale and installation of hardware solutions.
84GF Score
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