Quantum software (WAR:QNT) Return-on-Tangible-Equity: -6.50% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:QNT Quantum software SA WAR:QNT
81 GF Score
Price zł32.60
GF Value zł25.74
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Quantum software Return-on-Tangible-Equity?

Quantum software WAR:QNT 81 Return-on-Tangible-Equity is -6.50% as of Mar. 2026. GuruFocus rates WAR:QNT with a GF Score™ of 81/100 and a GF Value™ of zł25.74 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,480 Software companies, Quantum software ranks better than 67.66% 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. Quantum software's annualized net income for the quarter that ended in Mar. 2026 was zł-1.44 Mil. Quantum software's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł22.10 Mil. Therefore, Quantum software's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.50%.

The historical rank and industry rank for Quantum software's Return-on-Tangible-Equity or its related term are showing as below:

WAR:QNT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.1   Med: 16.52   Max: 40.11
Current: 20.81

During the past 13 years, Quantum software's highest Return-on-Tangible-Equity was 40.11%. The lowest was 12.10%. And the median was 16.52%.

WAR:QNT's Return-on-Tangible-Equity is ranked better than
67.66% of 2480 companies
in the Software industry
Industry Median: 8.845 vs WAR:QNT: 20.81

Quantum software  (WAR:QNT) 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.


Quantum software Return-on-Tangible-Equity Related Terms


Quantum software Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Quantum software'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.

Quantum software Return-on-Tangible-Equity Chart

Quantum software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.76 12.10 16.27 23.76 24.74

Quantum software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.10 -17.39 32.54 74.58 -6.50

WAR:QNT vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Quantum software'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.


Quantum software Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Quantum software's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Quantum software's Return-on-Tangible-Equity falls into.


WAR:QNT
81GF Score
Quantum software SA WAR:QNT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quantum software Return-on-Tangible-Equity Calculation

Quantum software's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5.221/( (19.724+22.489 )/ 2 )
=5.221/21.1065
=24.74 %

Quantum software's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-1.436/( (22.489+21.72)/ 2 )
=-1.436/22.1045
=-6.50 %

* 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 -6.50% mean?
Quantum software (WAR:QNT) has a Return-on-Tangible-Equity of -6.50% 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 Quantum software and its competitors. Over the past decade, Quantum software's Return-on-Tangible-Equity has ranged from 12.10 to 40.11. According to the industry distribution chart, Quantum software ranks #802 out of 2480 companies in the Software industry, placing it in the top 32.3%.
Is Quantum software's Return-on-Tangible-Equity too high?
Quantum software's current Return-on-Tangible-Equity is -6.50%. Over the past 10 years, this metric has ranged from a low of 12.10 to a high of 40.11. Based on the distribution chart, Quantum software ranks #802 out of 2480 companies in the Software industry, which is above the industry midpoint. Overall, Quantum software has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quantum software's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Quantum software ranks #802 out of 2480 companies for Return-on-Tangible-Equity. This puts Quantum software in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.85. Historically, Quantum software's own Return-on-Tangible-Equity has ranged from 12.10 to 40.11 over the past decade. 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 8.85, based on 2,480 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. 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 Quantum software and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum software's current Return-on-Tangible-Equity is -6.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum software stock overvalued right now?
Based on GuruFocus' analysis, Quantum software (WAR:QNT) is currently considered Modestly Overvalued. The stock's GF Value™ is zł25.74, compared to a current price of zł32.60 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is -6.50%. Quantum software's overall GF Score™ is 81/100 with 5 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 Quantum software (WAR:QNT), the current Return-on-Tangible-Equity is -6.50% 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 Quantum software (WAR:QNT) Overvalued in 2026?

Based on GuruFocus' analysis, Quantum software stock appears to be overvalued. The current stock price of zł32.60 is trading 26.7% above its estimated GF Value™ of zł25.74. GuruFocus considers Quantum software to be Modestly Overvalued.

Key valuation signals for WAR:QNT:

  • Return-on-Tangible-Equity: -6.50%
  • GF Value™: zł25.74 vs. price of zł32.60 (26.7% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the WAR:QNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quantum software Business Description

Address ulica Walerego Slawka 3A, Krakow, POL, 30-633
Quantum software SA offers IT systems for companies that have particularly high requirements in the field of logistics and supply chain management. The company's flagship product is the proprietary QGUAR software package - a Supply Chain Execution system used to manage complex production, warehousing and distribution structures. It provides IT services for Production, Transport, Storage, and Plant environment. Its key products include WMS Pro, MES, APS, TMS, DS, and YMS. Quantum Software also offers implementation services, training, and ongoing support for its software products. It serves logistics centers, warehouses, manufacturing companies, and transport logistics operators both in Poland and internationally.
81GF Score

Get the complete analysis for WAR:QNT

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł32.60
Price
zł25.74
GF Value