Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zlatini PyasatzXBUL:ZLP 18 Return-on-Tangible-Equity is -18.01% as of Mar. 2026. GuruFocus rates XBUL:ZLP with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 795 Travel & Leisure companies, Zlatini Pyasatz ranks worse than 71.45% 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. Zlatini Pyasatz's annualized net income for the quarter that ended in Mar. 2026 was €-7.42 Mil. Zlatini Pyasatz's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €41.18 Mil. Therefore, Zlatini Pyasatz's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -18.01%.
The historical rank and industry rank for Zlatini Pyasatz's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:ZLP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.2 Med: -0.47 Max: 5.37
Current: 0.12
During the past 12 years, Zlatini Pyasatz's highest Return-on-Tangible-Equity was 5.37%. The lowest was -6.20%. And the median was -0.47%.
XBUL:ZLP's Return-on-Tangible-Equity is ranked worse than 71.45% of 795
companies
in the Travel & Leisure industry
Industry Median: 7.71
vs XBUL:ZLP: 0.12
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.
Zlatini Pyasatz Return-on-Tangible-Equity Related Terms
Zlatini Pyasatz Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zlatini Pyasatz'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.
XBUL:ZLP vs LVS, MGM, WYNN: Return-on-Tangible-Equity Comparison
For the Resorts & Casinos subindustry, Zlatini Pyasatz'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.
Zlatini Pyasatz Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Zlatini Pyasatz's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zlatini Pyasatz'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 -18.01% mean?
Zlatini Pyasatz (XBUL:ZLP) has a Return-on-Tangible-Equity of -18.01% 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 Zlatini Pyasatz and its competitors. According to the industry distribution chart, Zlatini Pyasatz ranks #568 out of 795 companies in the Travel & Leisure industry, placing it in the top 71.4%.
Is Zlatini Pyasatz's Return-on-Tangible-Equity too high?
Zlatini Pyasatz's current Return-on-Tangible-Equity is -18.01%. Based on the distribution chart, Zlatini Pyasatz ranks #568 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Zlatini Pyasatz has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Zlatini Pyasatz's Return-on-Tangible-Equity compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Zlatini Pyasatz ranks #568 out of 795 companies for Return-on-Tangible-Equity. This places Zlatini Pyasatz in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.71. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.71, based on 795 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 Zlatini Pyasatz and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zlatini Pyasatz's current Return-on-Tangible-Equity is -18.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zlatini Pyasatz stock overvalued right now?
Zlatini Pyasatz (XBUL:ZLP) has a current Return-on-Tangible-Equity of -18.01%. The current Return-on-Tangible-Equity is -18.01%. Zlatini Pyasatz's overall GF Score™ is 18/100 with 7 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 Zlatini Pyasatz (XBUL:ZLP), the current Return-on-Tangible-Equity is -18.01% 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.
Zlatini Pyasatz provides services and facilities for leisure, focusing on various hotel, dining and entertainment options; the management and maintenance of the resort infrastructure.
18GF Score
Get the complete analysis for XBUL:ZLP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:ZLP has been successfully added to your 
