AltenWBO:ATE -0.64%61 Return-on-Tangible-Equity is 6.05% as of Dec. 2025, which is 82% below its 10-year median of 33.97. GuruFocus rates WBO:ATE with a GF Score™ of 61/100 and a GF Value™ of €100.90 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,473 Software companies, Alten ranks better than 56.65% 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. Alten's annualized net income for the quarter that ended in Dec. 2025 was €49 Mil. Alten's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €805 Mil. Therefore, Alten's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.05%.
The historical rank and industry rank for Alten's Return-on-Tangible-Equity or its related term are showing as below:
WBO:ATE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.99 Med: 33.97 Max: 68.5
Current: 13.25
During the past 13 years, Alten's highest Return-on-Tangible-Equity was 68.50%. The lowest was 12.99%. And the median was 33.97%.
WBO:ATE's Return-on-Tangible-Equity is ranked better than 56.65% of 2473
companies
in the Software industry
Industry Median: 8.79
vs WBO:ATE: 13.25
Alten (WBO:ATE) 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.
Alten Return-on-Tangible-Equity Related Terms
Alten Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Alten'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.
WBO:ATE vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Alten'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.
Alten Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Alten's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alten'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.05% mean?
Alten (WBO:ATE) has a Return-on-Tangible-Equity of 6.05% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alten and its competitors. This is 82% below median its historical median of 33.97. Over the past decade, Alten's Return-on-Tangible-Equity has ranged from 12.99 to 68.50. According to the industry distribution chart, Alten ranks #1072 out of 2473 companies in the Software industry, placing it in the top 43.3%.
Is Alten's Return-on-Tangible-Equity too high?
Alten's current Return-on-Tangible-Equity of 6.05% is 82% below median its 10-year median of 33.97. Over the past 10 years, this metric has ranged from a low of 12.99 to a high of 68.50. The Software industry median Return-on-Tangible-Equity is 8.79. Alten's value of 6.05% is 31.2% below this industry median. Based on the distribution chart, Alten ranks #1072 out of 2473 companies in the Software industry, which is above the industry midpoint. Overall, Alten has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alten's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Alten ranks #1072 out of 2473 companies for Return-on-Tangible-Equity. This puts Alten in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.79. Alten's value of 6.05% is 31.2% below this benchmark. Historically, Alten's own Return-on-Tangible-Equity has ranged from 12.99 to 68.50 over the past decade. While the company's 10-year median is 33.97 vs. the industry median of 8.79, Alten has consistently been below 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.79, based on 2,473 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. Alten's current Return-on-Tangible-Equity of 6.05% is 31.2% below 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 Alten and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alten's current Return-on-Tangible-Equity is 6.05%, which is 82% below median its own 10-year median of 33.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alten stock overvalued right now?
Based on GuruFocus' analysis, Alten (WBO:ATE) is currently considered Significantly Undervalued. The stock's GF Value™ is €100.90, compared to a current price of €54.30 — trading 46.2% below its estimated fair value. The current Return-on-Tangible-Equity is 6.05%, which is 82% below median its 10-year median of 33.97 and 31.2% below the Software industry median of 8.79. Alten's overall GF Score™ is 61/100 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 Alten (WBO:ATE), the current Return-on-Tangible-Equity is 6.05% as of Dec. 2025. 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 Alten (WBO:ATE) Overvalued in 2026?
Based on GuruFocus' analysis, Alten stock appears to be undervalued.
The current stock price of €54.30 is trading 46.2% below its estimated GF Value™ of €100.90.
GuruFocus considers Alten to be Significantly Undervalued.
Key valuation signals for WBO:ATE:
Return-on-Tangible-Equity: 6.05% (82% below median its 10-year median of 33.97)
GF Value™: €100.90 vs. price of €54.30 (46.2% below fair value)
Industry Position: 31.2% below the Software median (#1072 of 2473)
No single metric tells the full story. See the WBO:ATE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alten is an engineering and technology consulting firm. The company provides design and research projects for the technical and information systems divisions of corporate clients in the industrial, telecommunications, and service sectors. Alten's business consists of three operating segments: engineering and technology consulting; telecoms and networks; and information systems. The engineering and technology consulting segment contributes the majority of group revenue. Alten generates approximately half of its revenue in France with most of the balance derived in other European countries.
61GF Score
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