WILYY (Demant AS) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Dec. 2025)


WILYY Demant AS WILYY
92 GF Score
Price $20.66
GF Value $23.71
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Demant AS Return-on-Tangible-Equity?

Demant AS WILYY 92 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates WILYY with a GF Score™ of 92/100 and a GF Value™ of $23.71 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 758 Medical Devices & Instruments companies, Demant AS ranks better than 99.87% 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. Demant AS's annualized net income for the quarter that ended in Dec. 2025 was $134 Mil. Demant AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $-1,265 Mil. Therefore, Demant AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Demant AS's Return-on-Tangible-Equity or its related term are showing as below:

WILYY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 408.11   Med: 444.99   Max: 481.87
Current: Negative Tangible Equity

During the past 13 years, Demant AS's highest Return-on-Tangible-Equity was 481.87%. The lowest was 408.11%. And the median was 444.99%.

WILYY's Return-on-Tangible-Equity is ranked better than
99.87% of 758 companies
in the Medical Devices & Instruments industry
Industry Median: 4.08 vs WILYY: Negative Tangible Equity

Demant AS  (OTCPK:WILYY) 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.


Demant AS Return-on-Tangible-Equity Related Terms


Demant AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Demant AS'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.

Demant AS Return-on-Tangible-Equity Chart

Demant AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Demant AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

WILYY vs ABT, SYK, MDT: Return-on-Tangible-Equity Comparison

For the Medical Devices subindustry, Demant AS'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.


Demant AS Return-on-Tangible-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Demant AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Demant AS's Return-on-Tangible-Equity falls into.


WILYY
92GF Score
Demant AS WILYY
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Demant AS Return-on-Tangible-Equity Calculation

Demant AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=242.224/( (-772.525+-1651.982 )/ 2 )
=242.224/-1212.2535
=Negative Tangible Equity %

Demant AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=134.202/( (-878.324+-1651.982)/ 2 )
=134.202/-1265.153
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Demant AS (WILYY) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Demant AS and its competitors. Over the past decade, Demant AS's Return-on-Tangible-Equity has ranged from 408.11 to 481.87. According to the industry distribution chart, Demant AS ranks #1 out of 758 companies in the Medical Devices & Instruments industry, placing it in the top 0.099999999999994%.
Is Demant AS's Return-on-Tangible-Equity too high?
Demant AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 408.11 to a high of 481.87. Based on the distribution chart, Demant AS ranks #1 out of 758 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Demant AS has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Demant AS's Return-on-Tangible-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Demant AS ranks #1 out of 758 companies for Return-on-Tangible-Equity. This places Demant AS in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.08. Historically, Demant AS's own Return-on-Tangible-Equity has ranged from 408.11 to 481.87 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.08, based on 758 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 Demant AS and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Demant AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Demant AS stock overvalued right now?
Based on GuruFocus' analysis, Demant AS (WILYY) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.71, compared to a current price of $20.66 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Demant AS's overall GF Score™ is 92/100 with 8 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 Demant AS (WILYY), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Demant AS (WILYY) Overvalued in 2026?

Based on GuruFocus' analysis, Demant AS stock appears to be undervalued. The current stock price of $20.66 is trading 12.9% below its estimated GF Value™ of $23.71. GuruFocus considers Demant AS to be Modestly Undervalued.

Key valuation signals for WILYY:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $23.71 vs. price of $20.66 (12.9% below fair value)
  • GF Score™: 92/100 with 8 warning signs

No single metric tells the full story. See the WILYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Demant AS Business Description

Address Kongebakken 9, Smorum, DNK, 2765
Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and diagnostic equipment. More than 80% of the company's sales come from North America and Europe.
92GF Score

Get the complete analysis for WILYY

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.66
Price
$23.71
GF Value