Scanway S AWAR:SCW -0.93%19 Return-on-Tangible-Equity is -62.72% as of Mar. 2026. GuruFocus rates WAR:SCW with a GF Score™ of 19/100 and a GF Value™ of zł140.37 (Significantly Overvalued). Among 2,377 Hardware companies, Scanway S A ranks worse than 92.81% 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. Scanway S A's annualized net income for the quarter that ended in Mar. 2026 was zł-16.41 Mil. Scanway S A's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł26.17 Mil. Therefore, Scanway S A's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -62.72%.
The historical rank and industry rank for Scanway S A's Return-on-Tangible-Equity or its related term are showing as below:
WAR:SCW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -150.63 Med: -13.09 Max: -4.54
Current: -40.15
During the past 5 years, Scanway S A's highest Return-on-Tangible-Equity was -4.54%. The lowest was -150.63%. And the median was -13.09%.
WAR:SCW's Return-on-Tangible-Equity is ranked worse than 92.81% of 2377
companies
in the Hardware industry
Industry Median: 5.27
vs WAR:SCW: -40.15
Scanway S A (WAR:SCW) 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.
Scanway S A Return-on-Tangible-Equity Related Terms
Scanway S A Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Scanway S A'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:SCW vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Scanway S A'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.
Scanway S A Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Scanway S A's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Scanway S A'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 -62.72% mean?
Scanway S A (WAR:SCW) has a Return-on-Tangible-Equity of -62.72% 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 Scanway S A and its competitors. According to the industry distribution chart, Scanway S A ranks #2206 out of 2377 companies in the Hardware industry, placing it in the top 92.8%.
Is Scanway S A's Return-on-Tangible-Equity too high?
Scanway S A's current Return-on-Tangible-Equity is -62.72%. Based on the distribution chart, Scanway S A ranks #2206 out of 2377 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Scanway S A has a GF Score™ of 19/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scanway S A's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Scanway S A ranks #2206 out of 2377 companies for Return-on-Tangible-Equity. This places Scanway S A in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.27. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,377 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 Scanway S A and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scanway S A's current Return-on-Tangible-Equity is -62.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scanway S A stock overvalued right now?
Based on GuruFocus' analysis, Scanway S A (WAR:SCW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł140.37, compared to a current price of zł321.00 — trading 128.7% above its estimated fair value. The current Return-on-Tangible-Equity is -62.72%. Scanway S A's overall GF Score™ is 19/100. 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 Scanway S A (WAR:SCW), the current Return-on-Tangible-Equity is -62.72% 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 Scanway S A (WAR:SCW) Overvalued in 2026?
Based on GuruFocus' analysis, Scanway S A stock appears to be overvalued.
The current stock price of zł321.00 is trading 128.7% above its estimated GF Value™ of zł140.37.
GuruFocus considers Scanway S A to be Significantly Overvalued.
Key valuation signals for WAR:SCW:
Return-on-Tangible-Equity: -62.72%
GF Value™: zł140.37 vs. price of zł321.00 (128.7% above fair value)
No single metric tells the full story. See the WAR:SCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scanway S A is a Polish based company operating in the field of vision systems and optoelectronics. It creates solutions at the intersection of optics, electronics and software. The company's activities are divided into two branches - industrial and space. Space sector includes observation systems for satellites. The specialists are the authors of, among others: the optical part of the EagleEye microsatellite observation system, cameras monitoring the maiden flight of Ariane-6, as well as a 3D laser system for the orientation of drilled particles in space. Industry it includes reducing production costs thanks to quality control of 100% of products or components in the production plant.
19GF Score
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