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M4B Spolka AkcyjnaWAR:M4B 82 Return-on-Tangible-Equity is 108.83% as of Dec. 2025, which is 517% above its 10-year median of 17.65. GuruFocus rates WAR:M4B with a GF Score™ of 82/100 and a GF Value™ of zł14.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,973 Industrial Products companies, M4B Spolka Akcyjna ranks better than 80.36% 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. M4B Spolka Akcyjna's annualized net income for the quarter that ended in Dec. 2025 was zł12.02 Mil. M4B Spolka Akcyjna's average shareholder tangible equity for the quarter that ended in Dec. 2025 was zł11.04 Mil. Therefore, M4B Spolka Akcyjna's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 108.83%.
The historical rank and industry rank for M4B Spolka Akcyjna's Return-on-Tangible-Equity or its related term are showing as below:
WAR:M4B'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.05 Med: 17.65 Max: 3370.37
Current: 16.59
During the past 13 years, M4B Spolka Akcyjna's highest Return-on-Tangible-Equity was 3,370.37%. The lowest was -16.05%. And the median was 17.65%.
WAR:M4B's Return-on-Tangible-Equity is ranked better than 80.36% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs WAR:M4B: 16.59
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.
M4B Spolka Akcyjna Return-on-Tangible-Equity Related Terms
M4B Spolka Akcyjna Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M4B 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.
For the Business Equipment & Supplies subindustry, M4B 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.
M4B Spolka Akcyjna Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, M4B Spolka Akcyjna's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M4B 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 108.83% mean?
M4B Spolka Akcyjna (WAR:M4B) has a Return-on-Tangible-Equity of 108.83% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on M4B Spolka Akcyjna and its competitors. This is 517% above median its historical median of 17.65. According to the industry distribution chart, M4B Spolka Akcyjna ranks #584 out of 2973 companies in the Industrial Products industry, placing it in the top 19.6%.
Is M4B Spolka Akcyjna's Return-on-Tangible-Equity too high?
M4B Spolka Akcyjna's current Return-on-Tangible-Equity of 108.83% is 517% above median its 10-year median of 17.65. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. M4B Spolka Akcyjna's value of 108.83% is 1509.9% above this industry median. Based on the distribution chart, M4B Spolka Akcyjna ranks #584 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, M4B Spolka Akcyjna has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M4B Spolka Akcyjna's Return-on-Tangible-Equity compare to competitors?
According to the Industrial Products industry distribution chart, M4B Spolka Akcyjna ranks #584 out of 2973 companies for Return-on-Tangible-Equity. This places M4B Spolka Akcyjna in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. M4B Spolka Akcyjna's value of 108.83% is 1509.9% above this benchmark. While the company's 10-year median is 17.65 vs. the industry median of 6.76, M4B 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 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. M4B Spolka Akcyjna's current Return-on-Tangible-Equity of 108.83% is 1509.9% 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 M4B Spolka Akcyjna and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M4B Spolka Akcyjna's current Return-on-Tangible-Equity is 108.83%, which is 517% above median its own 10-year median of 17.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M4B Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, M4B Spolka Akcyjna (WAR:M4B) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.82, compared to a current price of zł11.90 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is 108.83%, which is 517% above median its 10-year median of 17.65 and 1509.9% above the Industrial Products industry median of 6.76. M4B Spolka Akcyjna's overall GF Score™ is 82/100 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 M4B Spolka Akcyjna (WAR:M4B), the current Return-on-Tangible-Equity is 108.83% as of Dec. 2025. 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 M4B Spolka Akcyjna (WAR:M4B) Overvalued in 2026?
Based on GuruFocus' analysis, M4B Spolka Akcyjna stock appears to be undervalued.
The current stock price of zł11.90 is trading 19.7% below its estimated GF Value™ of zł14.82.
GuruFocus considers M4B Spolka Akcyjna to be Modestly Undervalued.
Key valuation signals for WAR:M4B:
Return-on-Tangible-Equity: 108.83% (517% above median its 10-year median of 17.65)
GF Value™: zł14.82 vs. price of zł11.90 (19.7% below fair value)
Industry Position: 1509.9% above the Industrial Products median (#584 of 2973)
No single metric tells the full story. See the WAR:M4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M4B Spolka Akcyjna is involved in designing and creating digital signage solutions in the data communications industry in Poland. Its principal product, WAVE Multimedia Everywhere, is a software product to manage wide screen networks online.
82GF Score
Get the complete analysis for WAR:M4B
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