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Aerodrom Nikola Tesla adXBEL:AERO 71 Return-on-Tangible-Equity is 1.42% as of Mar. 2026, which is 65% above its 10-year median of 0.86. GuruFocus rates XBEL:AERO with a GF Score™ of 71/100 and a GF Value™ of RSD2,384.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 978 Transportation companies, Aerodrom Nikola Tesla ad ranks worse than 80.27% 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. Aerodrom Nikola Tesla ad's annualized net income for the quarter that ended in Mar. 2026 was RSD539 Mil. Aerodrom Nikola Tesla ad's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RSD38,063 Mil. Therefore, Aerodrom Nikola Tesla ad's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.42%.
The historical rank and industry rank for Aerodrom Nikola Tesla ad's Return-on-Tangible-Equity or its related term are showing as below:
XBEL:AERO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.73 Med: 0.86 Max: 96.33
Current: 0.98
During the past 13 years, Aerodrom Nikola Tesla ad's highest Return-on-Tangible-Equity was 96.33%. The lowest was -2.73%. And the median was 0.86%.
XBEL:AERO's Return-on-Tangible-Equity is ranked worse than 80.27% of 978
companies
in the Transportation industry
Industry Median: 8.91
vs XBEL:AERO: 0.98
Aerodrom Nikola Tesla ad (XBEL:AERO) 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.
Aerodrom Nikola Tesla ad Return-on-Tangible-Equity Related Terms
Aerodrom Nikola Tesla ad Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aerodrom Nikola Tesla ad'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.
Aerodrom Nikola Tesla ad Return-on-Tangible-Equity Chart
XBEL:AERO vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Aerodrom Nikola Tesla ad'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.
Aerodrom Nikola Tesla ad Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Aerodrom Nikola Tesla ad's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aerodrom Nikola Tesla ad'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 1.42% mean?
Aerodrom Nikola Tesla ad (XBEL:AERO) has a Return-on-Tangible-Equity of 1.42% 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 Aerodrom Nikola Tesla ad and its competitors. This is 65% above median its historical median of 0.86. According to the industry distribution chart, Aerodrom Nikola Tesla ad ranks #785 out of 978 companies in the Transportation industry, placing it in the top 80.3%.
Is Aerodrom Nikola Tesla ad's Return-on-Tangible-Equity too high?
Aerodrom Nikola Tesla ad's current Return-on-Tangible-Equity of 1.42% is 65% above median its 10-year median of 0.86. The Transportation industry median Return-on-Tangible-Equity is 8.91. Aerodrom Nikola Tesla ad's value of 1.42% is 84.1% below this industry median. Based on the distribution chart, Aerodrom Nikola Tesla ad ranks #785 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aerodrom Nikola Tesla ad has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aerodrom Nikola Tesla ad's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aerodrom Nikola Tesla ad ranks #785 out of 978 companies for Return-on-Tangible-Equity. This places Aerodrom Nikola Tesla ad in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.91. Aerodrom Nikola Tesla ad's value of 1.42% is 84.1% below this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 8.91, Aerodrom Nikola Tesla ad 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.91, based on 978 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. Aerodrom Nikola Tesla ad's current Return-on-Tangible-Equity of 1.42% is 84.1% 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 Aerodrom Nikola Tesla ad and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aerodrom Nikola Tesla ad's current Return-on-Tangible-Equity is 1.42%, which is 65% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerodrom Nikola Tesla ad stock overvalued right now?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad (XBEL:AERO) is currently considered Modestly Undervalued. The stock's GF Value™ is RSD2,384.21, compared to a current price of RSD2,090.00 — trading 12.3% below its estimated fair value. The current Return-on-Tangible-Equity is 1.42%, which is 65% above median its 10-year median of 0.86 and 84.1% below the Transportation industry median of 8.91. Aerodrom Nikola Tesla ad's overall GF Score™ is 71/100 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 Aerodrom Nikola Tesla ad (XBEL:AERO), the current Return-on-Tangible-Equity is 1.42% 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 Aerodrom Nikola Tesla ad (XBEL:AERO) Overvalued in 2026?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad stock appears to be undervalued.
The current stock price of RSD2,090.00 is trading 12.3% below its estimated GF Value™ of RSD2,384.21.
GuruFocus considers Aerodrom Nikola Tesla ad to be Modestly Undervalued.
Key valuation signals for XBEL:AERO:
Return-on-Tangible-Equity: 1.42% (65% above median its 10-year median of 0.86)
GF Value™: RSD2,384.21 vs. price of RSD2,090.00 (12.3% below fair value)
Industry Position: 84.1% below the Transportation median (#785 of 978)
No single metric tells the full story. See the XBEL:AERO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.
71GF Score
Get the complete analysis for XBEL:AERO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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