Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Stalexport AutostradyWAR:STX -7.11%83 Return-on-Tangible-Equity is 41.27% as of Mar. 2026, which is 55% above its 10-year median of 26.56. GuruFocus rates WAR:STX with a GF Score™ of 83/100 and a GF Value™ of zł3.04 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Stalexport Autostrady ranks better than 67.87% 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. Stalexport Autostrady's annualized net income for the quarter that ended in Mar. 2026 was zł264.9 Mil. Stalexport Autostrady's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł641.8 Mil. Therefore, Stalexport Autostrady's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 41.27%.
The historical rank and industry rank for Stalexport Autostrady's Return-on-Tangible-Equity or its related term are showing as below:
WAR:STX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.54 Med: 26.56 Max: 98.37
Current: 14.26
During the past 13 years, Stalexport Autostrady's highest Return-on-Tangible-Equity was 98.37%. The lowest was 11.54%. And the median was 26.56%.
WAR:STX's Return-on-Tangible-Equity is ranked better than 67.87% of 1712
companies
in the Construction industry
Industry Median: 8.235
vs WAR:STX: 14.26
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.
Stalexport Autostrady Return-on-Tangible-Equity Related Terms
Stalexport Autostrady Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Stalexport Autostrady'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 Infrastructure Operations subindustry, Stalexport Autostrady'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.
Stalexport Autostrady Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Stalexport Autostrady's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Stalexport Autostrady'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 41.27% mean?
Stalexport Autostrady (WAR:STX) has a Return-on-Tangible-Equity of 41.27% 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 Stalexport Autostrady and its competitors. This is 55% above median its historical median of 26.56. Over the past decade, Stalexport Autostrady's Return-on-Tangible-Equity has ranged from 11.54 to 98.37. According to the industry distribution chart, Stalexport Autostrady ranks #550 out of 1712 companies in the Construction industry, placing it in the top 32.1%.
Is Stalexport Autostrady's Return-on-Tangible-Equity too high?
Stalexport Autostrady's current Return-on-Tangible-Equity of 41.27% is 55% above median its 10-year median of 26.56. Over the past 10 years, this metric has ranged from a low of 11.54 to a high of 98.37. The Construction industry median Return-on-Tangible-Equity is 8.24. Stalexport Autostrady's value of 41.27% is 401.2% above this industry median. Based on the distribution chart, Stalexport Autostrady ranks #550 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Stalexport Autostrady has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stalexport Autostrady's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Stalexport Autostrady ranks #550 out of 1712 companies for Return-on-Tangible-Equity. This puts Stalexport Autostrady in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.24. Stalexport Autostrady's value of 41.27% is 401.2% above this benchmark. Historically, Stalexport Autostrady's own Return-on-Tangible-Equity has ranged from 11.54 to 98.37 over the past decade. While the company's 10-year median is 26.56 vs. the industry median of 8.24, Stalexport Autostrady 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,712 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. Stalexport Autostrady's current Return-on-Tangible-Equity of 41.27% is 401.2% 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 Stalexport Autostrady and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stalexport Autostrady's current Return-on-Tangible-Equity is 41.27%, which is 55% above median its own 10-year median of 26.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stalexport Autostrady stock overvalued right now?
Based on GuruFocus' analysis, Stalexport Autostrady (WAR:STX) is currently considered Significantly Undervalued. The stock's GF Value™ is zł3.04, compared to a current price of zł1.96 — trading 35.5% below its estimated fair value. The current Return-on-Tangible-Equity is 41.27%, which is 55% above median its 10-year median of 26.56 and 401.2% above the Construction industry median of 8.24. Stalexport Autostrady's overall GF Score™ is 83/100 with 4 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 Stalexport Autostrady (WAR:STX), the current Return-on-Tangible-Equity is 41.27% 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 Stalexport Autostrady (WAR:STX) Overvalued in 2026?
Based on GuruFocus' analysis, Stalexport Autostrady stock appears to be undervalued.
The current stock price of zł1.96 is trading 35.5% below its estimated GF Value™ of zł3.04.
GuruFocus considers Stalexport Autostrady to be Significantly Undervalued.
Key valuation signals for WAR:STX:
Return-on-Tangible-Equity: 41.27% (55% above median its 10-year median of 26.56)
GF Value™: zł3.04 vs. price of zł1.96 (35.5% below fair value)
Industry Position: 401.2% above the Construction median (#550 of 1712)
No single metric tells the full story. See the WAR:STX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.
83GF Score
Get the complete analysis for WAR:STX
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:STX has been successfully added to your 
