IFIRMA Spolka AkcyjnaWAR:IFI +4.18%95 Return-on-Tangible-Equity is 57.81% as of Mar. 2026, which is 49% above its 10-year median of 38.71. GuruFocus rates WAR:IFI with a GF Score™ of 95/100 and a GF Value™ of zł30.98 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,476 Software companies, IFIRMA Spolka Akcyjna ranks better than 86.23% 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. IFIRMA Spolka Akcyjna's annualized net income for the quarter that ended in Mar. 2026 was zł9.48 Mil. IFIRMA Spolka Akcyjna's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł16.39 Mil. Therefore, IFIRMA Spolka Akcyjna's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.81%.
The historical rank and industry rank for IFIRMA Spolka Akcyjna's Return-on-Tangible-Equity or its related term are showing as below:
WAR:IFI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.63 Med: 38.71 Max: 83.15
Current: 71.44
During the past 13 years, IFIRMA Spolka Akcyjna's highest Return-on-Tangible-Equity was 83.15%. The lowest was 17.63%. And the median was 38.71%.
WAR:IFI's Return-on-Tangible-Equity is ranked better than 86.23% of 2476
companies
in the Software industry
Industry Median: 8.82
vs WAR:IFI: 71.44
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.
IFIRMA Spolka Akcyjna Return-on-Tangible-Equity Related Terms
IFIRMA Spolka Akcyjna Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IFIRMA Spolka Akcyjna'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.
WAR:IFI vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, IFIRMA Spolka Akcyjna'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.
IFIRMA Spolka Akcyjna Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, IFIRMA Spolka Akcyjna's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IFIRMA Spolka Akcyjna'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 57.81% mean?
IFIRMA Spolka Akcyjna (WAR:IFI) has a Return-on-Tangible-Equity of 57.81% 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 IFIRMA Spolka Akcyjna and its competitors. This is 49% above median its historical median of 38.71. Over the past decade, IFIRMA Spolka Akcyjna's Return-on-Tangible-Equity has ranged from 17.63 to 83.15. According to the industry distribution chart, IFIRMA Spolka Akcyjna ranks #341 out of 2476 companies in the Software industry, placing it in the top 13.8%.
Is IFIRMA Spolka Akcyjna's Return-on-Tangible-Equity too high?
IFIRMA Spolka Akcyjna's current Return-on-Tangible-Equity of 57.81% is 49% above median its 10-year median of 38.71. Over the past 10 years, this metric has ranged from a low of 17.63 to a high of 83.15. The Software industry median Return-on-Tangible-Equity is 8.82. IFIRMA Spolka Akcyjna's value of 57.81% is 555.4% above this industry median. Based on the distribution chart, IFIRMA Spolka Akcyjna ranks #341 out of 2476 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, IFIRMA Spolka Akcyjna has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFIRMA Spolka Akcyjna's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, IFIRMA Spolka Akcyjna ranks #341 out of 2476 companies for Return-on-Tangible-Equity. This places IFIRMA Spolka Akcyjna in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.82. IFIRMA Spolka Akcyjna's value of 57.81% is 555.4% above this benchmark. Historically, IFIRMA Spolka Akcyjna's own Return-on-Tangible-Equity has ranged from 17.63 to 83.15 over the past decade. While the company's 10-year median is 38.71 vs. the industry median of 8.82, IFIRMA Spolka Akcyjna 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 8.82, based on 2,476 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. IFIRMA Spolka Akcyjna's current Return-on-Tangible-Equity of 57.81% is 555.4% 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 IFIRMA Spolka Akcyjna and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFIRMA Spolka Akcyjna's current Return-on-Tangible-Equity is 57.81%, which is 49% above median its own 10-year median of 38.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIRMA Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna (WAR:IFI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł30.98, compared to a current price of zł24.90 — trading 19.6% below its estimated fair value. The current Return-on-Tangible-Equity is 57.81%, which is 49% above median its 10-year median of 38.71 and 555.4% above the Software industry median of 8.82. IFIRMA Spolka Akcyjna's overall GF Score™ is 95/100 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 IFIRMA Spolka Akcyjna (WAR:IFI), the current Return-on-Tangible-Equity is 57.81% 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 IFIRMA Spolka Akcyjna (WAR:IFI) Overvalued in 2026?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna stock appears to be undervalued.
The current stock price of zł24.90 is trading 19.6% below its estimated GF Value™ of zł30.98.
GuruFocus considers IFIRMA Spolka Akcyjna to be Modestly Undervalued.
Key valuation signals for WAR:IFI:
Return-on-Tangible-Equity: 57.81% (49% above median its 10-year median of 38.71)
GF Value™: zł30.98 vs. price of zł24.90 (19.6% below fair value)
Industry Position: 555.4% above the Software median (#341 of 2476)
No single metric tells the full story. See the WAR:IFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFIRMA Spolka Akcyjna provides services in the field of software development as well as recruitment and outsourcing of IT staff. Its services include internet accounting, accounting office, invoices application, and warehousing software. The company is working on www.firmbee.com - a project management software which manages firm's tasks, finances, supports remote team work and HR processes.
95GF Score
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