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ZBM ZREMB-ChojniceWAR:ZRE -1.28%71 Return-on-Tangible-Equity is 7.45% as of Mar. 2026, which is 50% below its 10-year median of 14.92. GuruFocus rates WAR:ZRE with a GF Score™ of 71/100 and a GF Value™ of zł4.70 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 615 Steel companies, ZBM ZREMB-Chojnice ranks better than 93.17% 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. ZBM ZREMB-Chojnice's annualized net income for the quarter that ended in Mar. 2026 was zł3.08 Mil. ZBM ZREMB-Chojnice's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł41.40 Mil. Therefore, ZBM ZREMB-Chojnice's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.45%.
The historical rank and industry rank for ZBM ZREMB-Chojnice's Return-on-Tangible-Equity or its related term are showing as below:
WAR:ZRE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -293.86 Med: 14.92 Max: 363.47
Current: 23.31
During the past 13 years, ZBM ZREMB-Chojnice's highest Return-on-Tangible-Equity was 363.47%. The lowest was -293.86%. And the median was 14.92%.
WAR:ZRE's Return-on-Tangible-Equity is ranked better than 93.17% of 615
companies
in the Steel industry
Industry Median: 4.05
vs WAR:ZRE: 23.31
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.
ZBM ZREMB-Chojnice Return-on-Tangible-Equity Related Terms
ZBM ZREMB-Chojnice Return-on-Tangible-Equity Historical Data
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The historical data trend for ZBM ZREMB-Chojnice'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:ZRE vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, ZBM ZREMB-Chojnice'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.
ZBM ZREMB-Chojnice Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, ZBM ZREMB-Chojnice's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ZBM ZREMB-Chojnice'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 7.45% mean?
ZBM ZREMB-Chojnice (WAR:ZRE) has a Return-on-Tangible-Equity of 7.45% 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 ZBM ZREMB-Chojnice and its competitors. This is 50% below median its historical median of 14.92. According to the industry distribution chart, ZBM ZREMB-Chojnice ranks #42 out of 615 companies in the Steel industry, placing it in the top 6.8%.
Is ZBM ZREMB-Chojnice's Return-on-Tangible-Equity too high?
ZBM ZREMB-Chojnice's current Return-on-Tangible-Equity of 7.45% is 50% below median its 10-year median of 14.92. The Steel industry median Return-on-Tangible-Equity is 4.05. ZBM ZREMB-Chojnice's value of 7.45% is 84% above this industry median. Based on the distribution chart, ZBM ZREMB-Chojnice ranks #42 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, ZBM ZREMB-Chojnice has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZBM ZREMB-Chojnice's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, ZBM ZREMB-Chojnice ranks #42 out of 615 companies for Return-on-Tangible-Equity. This places ZBM ZREMB-Chojnice in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.05. ZBM ZREMB-Chojnice's value of 7.45% is 84% above this benchmark. While the company's 10-year median is 14.92 vs. the industry median of 4.05, ZBM ZREMB-Chojnice 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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. ZBM ZREMB-Chojnice's current Return-on-Tangible-Equity of 7.45% is 84% 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 ZBM ZREMB-Chojnice and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZBM ZREMB-Chojnice's current Return-on-Tangible-Equity is 7.45%, which is 50% below median its own 10-year median of 14.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZBM ZREMB-Chojnice stock overvalued right now?
Based on GuruFocus' analysis, ZBM ZREMB-Chojnice (WAR:ZRE) is currently considered Significantly Overvalued. The stock's GF Value™ is zł4.70, compared to a current price of zł9.26 — trading 97% above its estimated fair value. The current Return-on-Tangible-Equity is 7.45%, which is 50% below median its 10-year median of 14.92 and 84% above the Steel industry median of 4.05. ZBM ZREMB-Chojnice's overall GF Score™ is 71/100 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 ZBM ZREMB-Chojnice (WAR:ZRE), the current Return-on-Tangible-Equity is 7.45% 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 ZBM ZREMB-Chojnice (WAR:ZRE) Overvalued in 2026?
Based on GuruFocus' analysis, ZBM ZREMB-Chojnice stock appears to be overvalued.
The current stock price of zł9.26 is trading 97% above its estimated GF Value™ of zł4.70.
GuruFocus considers ZBM ZREMB-Chojnice to be Significantly Overvalued.
Key valuation signals for WAR:ZRE:
Return-on-Tangible-Equity: 7.45% (50% below median its 10-year median of 14.92)
GF Value™: zł4.70 vs. price of zł9.26 (97% above fair value)
Industry Position: 84% above the Steel median (#42 of 615)
No single metric tells the full story. See the WAR:ZRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.
71GF Score
Get the complete analysis for WAR:ZRE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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