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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. Ulma Construccion Polska's annualized net income for the quarter that ended in Mar. 2026 was zł-11.7 Mil. Ulma Construccion Polska's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł342.6 Mil. Therefore, Ulma Construccion Polska's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.42%.
The historical rank and industry rank for Ulma Construccion Polska's Return-on-Tangible-Equity or its related term are showing as below:
WAR:ULM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.98 Med: 5.94 Max: 15.21
Current: 2.98
During the past 13 years, Ulma Construccion Polska's highest Return-on-Tangible-Equity was 15.21%. The lowest was 2.98%. And the median was 5.94%.
WAR:ULM's Return-on-Tangible-Equity is ranked worse than 72.19% of 1007
companies
in the Business Services industry
Industry Median: 10.81
vs WAR:ULM: 2.98
Ulma Construccion Polska (WAR:ULM) 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.
Ulma Construccion Polska Return-on-Tangible-Equity Related Terms
Ulma Construccion Polska Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ulma Construccion Polska'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.
Ulma Construccion Polska Return-on-Tangible-Equity Chart
WAR:ULM vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Ulma Construccion Polska'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.
Ulma Construccion Polska Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Ulma Construccion Polska's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ulma Construccion Polska'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 -3.42% mean?
Ulma Construccion Polska (WAR:ULM) has a Return-on-Tangible-Equity of -3.42% 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 Ulma Construccion Polska and its competitors. Over the past decade, Ulma Construccion Polska's Return-on-Tangible-Equity has ranged from 2.98 to 15.21. According to the industry distribution chart, Ulma Construccion Polska ranks #727 out of 1007 companies in the Business Services industry, placing it in the top 72.2%.
Is Ulma Construccion Polska's Return-on-Tangible-Equity too high?
Ulma Construccion Polska's current Return-on-Tangible-Equity is -3.42%. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 15.21. Based on the distribution chart, Ulma Construccion Polska ranks #727 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Ulma Construccion Polska has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulma Construccion Polska's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Ulma Construccion Polska ranks #727 out of 1007 companies for Return-on-Tangible-Equity. This places Ulma Construccion Polska in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.81. Historically, Ulma Construccion Polska's own Return-on-Tangible-Equity has ranged from 2.98 to 15.21 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.81, based on 1,007 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 Ulma Construccion Polska and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulma Construccion Polska's current Return-on-Tangible-Equity is -3.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulma Construccion Polska stock overvalued right now?
Based on GuruFocus' analysis, Ulma Construccion Polska (WAR:ULM) is currently considered Significantly Undervalued. The stock's GF Value™ is zł77.07, compared to a current price of zł51.00 — trading 33.8% below its estimated fair value. The current Return-on-Tangible-Equity is -3.42%. Ulma Construccion Polska's overall GF Score™ is 81/100 with 3 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 Ulma Construccion Polska (WAR:ULM), the current Return-on-Tangible-Equity is -3.42% 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 Ulma Construccion Polska (WAR:ULM) Overvalued in 2026?
Based on GuruFocus' analysis, Ulma Construccion Polska stock appears to be undervalued.
The current stock price of zł51.00 is trading 33.8% below its estimated GF Value™ of zł77.07.
GuruFocus considers Ulma Construccion Polska to be Significantly Undervalued.
Key valuation signals for WAR:ULM:
Return-on-Tangible-Equity: -3.42%
GF Value™: zł77.07 vs. price of zł51.00 (33.8% below fair value)
No single metric tells the full story. See the WAR:ULM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ulma Construccion Polska SA offers vertical and horizontal formwork systems (shuttering systems) and scaffolding for the purposes of cubature and engineering construction, performance of maintenance works and application designs for these systems, as well as repairs of formwork systems and other accessories used in the assembly of formwork systems. It operates in the two segments namely construction site service, a segment that includes the rental of formwork and scaffolding systems along with broadly understood logistics service and construction settlement at the end of the contract; and sales of building materials, a segment that includes the sale of formwork systems that are components of fixed assets and turnover (products and goods) of the Group and other building materials.
81GF Score
Get the complete analysis for WAR:ULM
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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