Echo InvestmentWAR:ECH +1.02%73 Return-on-Tangible-Equity is 3.31% as of Mar. 2026, which is 66% below its 10-year median of 9.74. GuruFocus rates WAR:ECH with a GF Score™ of 73/100 and a GF Value™ of zł7.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, Echo Investment ranks better than 51.4% 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. Echo Investment's annualized net income for the quarter that ended in Mar. 2026 was zł41 Mil. Echo Investment's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł1,241 Mil. Therefore, Echo Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.31%.
The historical rank and industry rank for Echo Investment's Return-on-Tangible-Equity or its related term are showing as below:
WAR:ECH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.37 Med: 9.74 Max: 20.03
Current: 4.56
During the past 13 years, Echo Investment's highest Return-on-Tangible-Equity was 20.03%. The lowest was -2.37%. And the median was 9.74%.
WAR:ECH's Return-on-Tangible-Equity is ranked better than 51.4% of 1714
companies
in the Real Estate industry
Industry Median: 4.195
vs WAR:ECH: 4.56
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.
Echo Investment Return-on-Tangible-Equity Related Terms
Echo Investment Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Echo Investment'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.
For the Real Estate - Diversified subindustry, Echo Investment'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.
Echo Investment Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Echo Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Echo Investment'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 3.31% mean?
Echo Investment (WAR:ECH) has a Return-on-Tangible-Equity of 3.31% 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 Echo Investment and its competitors. This is 66% below median its historical median of 9.74. According to the industry distribution chart, Echo Investment ranks #833 out of 1714 companies in the Real Estate industry, placing it in the top 48.6%.
Is Echo Investment's Return-on-Tangible-Equity too high?
Echo Investment's current Return-on-Tangible-Equity of 3.31% is 66% below median its 10-year median of 9.74. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Echo Investment's value of 3.31% is 21.1% below this industry median. Based on the distribution chart, Echo Investment ranks #833 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Echo Investment has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Echo Investment's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Echo Investment ranks #833 out of 1714 companies for Return-on-Tangible-Equity. This puts Echo Investment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. Echo Investment's value of 3.31% is 21.1% below this benchmark. While the company's 10-year median is 9.74 vs. the industry median of 4.20, Echo Investment has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,714 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. Echo Investment's current Return-on-Tangible-Equity of 3.31% is 21.1% below 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 Echo Investment and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Echo Investment's current Return-on-Tangible-Equity is 3.31%, which is 66% below median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo Investment stock overvalued right now?
Based on GuruFocus' analysis, Echo Investment (WAR:ECH) is currently considered Possible Value Trap. The stock's GF Value™ is zł7.84, compared to a current price of zł4.95 — trading 36.9% below its estimated fair value. The current Return-on-Tangible-Equity is 3.31%, which is 66% below median its 10-year median of 9.74 and 21.1% below the Real Estate industry median of 4.20. Echo Investment's overall GF Score™ is 73/100 with 7 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 Echo Investment (WAR:ECH), the current Return-on-Tangible-Equity is 3.31% 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 Echo Investment (WAR:ECH) Overvalued in 2026?
Based on GuruFocus' analysis, Echo Investment stock appears to be undervalued.
The current stock price of zł4.95 is trading 36.9% below its estimated GF Value™ of zł7.84.
GuruFocus considers Echo Investment to be Possible Value Trap.
Key valuation signals for WAR:ECH:
Return-on-Tangible-Equity: 3.31% (66% below median its 10-year median of 9.74)
GF Value™: zł7.84 vs. price of zł4.95 (36.9% below fair value)
Industry Position: 21.1% below the Real Estate median (#833 of 1714)
No single metric tells the full story. See the WAR:ECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.
73GF Score
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