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Icon GroupXTAE:ICON +1.15%81 Return-on-Tangible-Equity is 16.34% as of Mar. 2026, which is 50% below its 10-year median of 32.69. GuruFocus rates XTAE:ICON with a GF Score™ of 81/100 and a GF Value™ of ₪5.74 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,382 Hardware companies, Icon Group ranks better than 82.96% 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. Icon Group's annualized net income for the quarter that ended in Mar. 2026 was ₪40 Mil. Icon Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₪247 Mil. Therefore, Icon Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.34%.
The historical rank and industry rank for Icon Group's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:ICON'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.72 Med: 32.69 Max: 59.87
Current: 17.99
During the past 8 years, Icon Group's highest Return-on-Tangible-Equity was 59.87%. The lowest was 15.72%. And the median was 32.69%.
XTAE:ICON's Return-on-Tangible-Equity is ranked better than 82.96% of 2382
companies
in the Hardware industry
Industry Median: 5.38
vs XTAE:ICON: 17.99
Icon Group (XTAE:ICON) 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.
Icon Group Return-on-Tangible-Equity Related Terms
Icon Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Icon Group'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.
XTAE:ICON vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Icon Group'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.
Icon Group Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Icon Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Icon Group'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 16.34% mean?
Icon Group (XTAE:ICON) has a Return-on-Tangible-Equity of 16.34% 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 Icon Group and its competitors. This is 50% below median its historical median of 32.69. Over the past decade, Icon Group's Return-on-Tangible-Equity has ranged from 15.72 to 59.87. According to the industry distribution chart, Icon Group ranks #406 out of 2382 companies in the Hardware industry, placing it in the top 17%.
Is Icon Group's Return-on-Tangible-Equity too high?
Icon Group's current Return-on-Tangible-Equity of 16.34% is 50% below median its 10-year median of 32.69. Over the past 10 years, this metric has ranged from a low of 15.72 to a high of 59.87. The Hardware industry median Return-on-Tangible-Equity is 5.38. Icon Group's value of 16.34% is 203.7% above this industry median. Based on the distribution chart, Icon Group ranks #406 out of 2382 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Icon Group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Icon Group's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Icon Group ranks #406 out of 2382 companies for Return-on-Tangible-Equity. This places Icon Group in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.38. Icon Group's value of 16.34% is 203.7% above this benchmark. Historically, Icon Group's own Return-on-Tangible-Equity has ranged from 15.72 to 59.87 over the past decade. While the company's 10-year median is 32.69 vs. the industry median of 5.38, Icon Group 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 a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.38, based on 2,382 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. Icon Group's current Return-on-Tangible-Equity of 16.34% is 203.7% 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 Icon Group and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icon Group's current Return-on-Tangible-Equity is 16.34%, which is 50% below median its own 10-year median of 32.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon Group stock overvalued right now?
Based on GuruFocus' analysis, Icon Group (XTAE:ICON) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪5.74, compared to a current price of ₪7.27 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is 16.34%, which is 50% below median its 10-year median of 32.69 and 203.7% above the Hardware industry median of 5.38. Icon Group's overall GF Score™ is 81/100 with 6 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 Icon Group (XTAE:ICON), the current Return-on-Tangible-Equity is 16.34% 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 Icon Group (XTAE:ICON) Overvalued in 2026?
Based on GuruFocus' analysis, Icon Group stock appears to be overvalued.
The current stock price of ₪7.27 is trading 26.7% above its estimated GF Value™ of ₪5.74.
GuruFocus considers Icon Group to be Modestly Overvalued.
Key valuation signals for XTAE:ICON:
Return-on-Tangible-Equity: 16.34% (50% below median its 10-year median of 32.69)
GF Value™: ₪5.74 vs. price of ₪7.27 (26.7% above fair value)
Industry Position: 203.7% above the Hardware median (#406 of 2382)
No single metric tells the full story. See the XTAE:ICON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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