Igoria TradeWAR:IGT -1.50%35 Return-on-Tangible-Equity is 44.20% as of Mar. 2026. GuruFocus rates WAR:IGT with a GF Score™ of 35/100 and a GF Value™ of zł0.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 783 Capital Markets companies, Igoria Trade ranks better than 69.99% 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. Igoria Trade's annualized net income for the quarter that ended in Mar. 2026 was zł3.43 Mil. Igoria Trade's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł7.76 Mil. Therefore, Igoria Trade's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 44.20%.
The historical rank and industry rank for Igoria Trade's Return-on-Tangible-Equity or its related term are showing as below:
WAR:IGT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -79.44 Med: -9.79 Max: 29.07
Current: 14.57
During the past 13 years, Igoria Trade's highest Return-on-Tangible-Equity was 29.07%. The lowest was -79.44%. And the median was -9.79%.
WAR:IGT's Return-on-Tangible-Equity is ranked better than 69.99% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs WAR:IGT: 14.57
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.
Igoria Trade Return-on-Tangible-Equity Related Terms
Igoria Trade Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Igoria Trade'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:IGT vs SPGI, CME, MCO: Return-on-Tangible-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, Igoria Trade'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.
Igoria Trade Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Igoria Trade's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Igoria Trade'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 44.20% mean?
Igoria Trade (WAR:IGT) has a Return-on-Tangible-Equity of 44.20% 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 Igoria Trade and its competitors. According to the industry distribution chart, Igoria Trade ranks #235 out of 783 companies in the Capital Markets industry, placing it in the top 30%.
Is Igoria Trade's Return-on-Tangible-Equity too high?
Igoria Trade's current Return-on-Tangible-Equity is 44.20%. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Igoria Trade's value of 44.20% is 585.3% above this industry median. Based on the distribution chart, Igoria Trade ranks #235 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Igoria Trade has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Igoria Trade's Return-on-Tangible-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Igoria Trade ranks #235 out of 783 companies for Return-on-Tangible-Equity. This puts Igoria Trade in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.45. Igoria Trade's value of 44.20% is 585.3% above this benchmark. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Igoria Trade's current Return-on-Tangible-Equity of 44.20% is 585.3% 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 Igoria Trade and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igoria Trade's current Return-on-Tangible-Equity is 44.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igoria Trade stock overvalued right now?
Based on GuruFocus' analysis, Igoria Trade (WAR:IGT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.32, compared to a current price of zł0.46 — trading 43.8% above its estimated fair value. The current Return-on-Tangible-Equity is 44.20% and 585.3% above the Capital Markets industry median of 6.45. Igoria Trade's overall GF Score™ is 35/100 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 Igoria Trade (WAR:IGT), the current Return-on-Tangible-Equity is 44.20% 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 Igoria Trade (WAR:IGT) Overvalued in 2026?
Based on GuruFocus' analysis, Igoria Trade stock appears to be overvalued.
The current stock price of zł0.46 is trading 43.8% above its estimated GF Value™ of zł0.32.
GuruFocus considers Igoria Trade to be Significantly Overvalued.
Key valuation signals for WAR:IGT:
Return-on-Tangible-Equity: 44.20%
GF Value™: zł0.32 vs. price of zł0.46 (43.8% above fair value)
Industry Position: 585.3% above the Capital Markets median (#235 of 783)
No single metric tells the full story. See the WAR:IGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Igoria Trade SA is a financial services company. The company provides international advisory, consulting, and payment processing services to companies and individuals. Additionally, it offers services such as transfers and escrow accounts.
35GF Score
Get the complete analysis for WAR:IGT
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
WAR:IGT has been successfully added to your 
