Plejd ABXSAT:PLEJD -0.54%85 Return-on-Tangible-Equity is 76.08% as of Mar. 2026, which is 234% above its 10-year median of 22.77. GuruFocus rates XSAT:PLEJD with a GF Score™ of 85/100 and a GF Value™ of kr666.80 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Plejd AB ranks better than 95.38% 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. Plejd AB's annualized net income for the quarter that ended in Mar. 2026 was kr336 Mil. Plejd AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr441 Mil. Therefore, Plejd AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 76.08%.
The historical rank and industry rank for Plejd AB's Return-on-Tangible-Equity or its related term are showing as below:
XSAT:PLEJD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -400.84 Med: 22.77 Max: 58.2
Current: 58.2
During the past 13 years, Plejd AB's highest Return-on-Tangible-Equity was 58.20%. The lowest was -400.84%. And the median was 22.77%.
XSAT:PLEJD's Return-on-Tangible-Equity is ranked better than 95.38% of 2968
companies
in the Industrial Products industry
Industry Median: 6.72
vs XSAT:PLEJD: 58.20
Plejd AB (XSAT:PLEJD) 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.
Plejd AB Return-on-Tangible-Equity Related Terms
Plejd AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Plejd AB'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.
XSAT:PLEJD vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Plejd AB'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.
Plejd AB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plejd AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Plejd AB'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 76.08% mean?
Plejd AB (XSAT:PLEJD) has a Return-on-Tangible-Equity of 76.08% 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 Plejd AB and its competitors. This is 234% above median its historical median of 22.77. According to the industry distribution chart, Plejd AB ranks #137 out of 2968 companies in the Industrial Products industry, placing it in the top 4.6%.
Is Plejd AB's Return-on-Tangible-Equity too high?
Plejd AB's current Return-on-Tangible-Equity of 76.08% is 234% above median its 10-year median of 22.77. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Plejd AB's value of 76.08% is 1032.1% above this industry median. Based on the distribution chart, Plejd AB ranks #137 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Plejd AB has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plejd AB's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Plejd AB ranks #137 out of 2968 companies for Return-on-Tangible-Equity. This places Plejd AB in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Plejd AB's value of 76.08% is 1032.1% above this benchmark. While the company's 10-year median is 22.77 vs. the industry median of 6.72, Plejd AB 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,968 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. Plejd AB's current Return-on-Tangible-Equity of 76.08% is 1032.1% 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 Plejd AB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plejd AB's current Return-on-Tangible-Equity is 76.08%, which is 234% above median its own 10-year median of 22.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plejd AB stock overvalued right now?
Based on GuruFocus' analysis, Plejd AB (XSAT:PLEJD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr666.80, compared to a current price of kr1,111.00 — trading 66.6% above its estimated fair value. The current Return-on-Tangible-Equity is 76.08%, which is 234% above median its 10-year median of 22.77 and 1032.1% above the Industrial Products industry median of 6.72. Plejd AB's overall GF Score™ is 85/100 with 2 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 Plejd AB (XSAT:PLEJD), the current Return-on-Tangible-Equity is 76.08% 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 Plejd AB (XSAT:PLEJD) Overvalued in 2026?
Based on GuruFocus' analysis, Plejd AB stock appears to be overvalued.
The current stock price of kr1,111.00 is trading 66.6% above its estimated GF Value™ of kr666.80.
GuruFocus considers Plejd AB to be Significantly Overvalued.
Key valuation signals for XSAT:PLEJD:
Return-on-Tangible-Equity: 76.08% (234% above median its 10-year median of 22.77)
GF Value™: kr666.80 vs. price of kr1,111.00 (66.6% above fair value)
Industry Position: 1032.1% above the Industrial Products median (#137 of 2968)
No single metric tells the full story. See the XSAT:PLEJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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