Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) Return-on-Tangible-Equity: -94.61% (As of Dec. 2025)

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XTER:EFF0 Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
43 GF Score
Price €2.44
! 1 Warning Sign
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What is Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity?

Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0 -1.61% 43 Return-on-Tangible-Equity is -94.61% as of Dec. 2025. GuruFocus rates XTER:EFF0 with a GF Score™ of 43/100. The stock has 1 warning sign investors should review. Among 1,591 Asset Management companies, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks worse than 95.73% 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. Deutsche Effecten- und Wechsel- Beteiligungsges AG's annualized net income for the quarter that ended in Dec. 2025 was €-9.54 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €10.08 Mil. Therefore, Deutsche Effecten- und Wechsel- Beteiligungsges AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -94.61%.

The historical rank and industry rank for Deutsche Effecten- und Wechsel- Beteiligungsges AG's Return-on-Tangible-Equity or its related term are showing as below:

XTER:EFF0' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -89.6   Med: -10.61   Max: 43.06
Current: -50.42

During the past 13 years, Deutsche Effecten- und Wechsel- Beteiligungsges AG's highest Return-on-Tangible-Equity was 43.06%. The lowest was -89.60%. And the median was -10.61%.

XTER:EFF0's Return-on-Tangible-Equity is ranked worse than
95.73% of 1591 companies
in the Asset Management industry
Industry Median: 7.21 vs XTER:EFF0: -50.42

Deutsche Effecten- und Wechsel- Beteiligungsges AG  (XTER:EFF0) 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity Related Terms


Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Deutsche Effecten- und Wechsel- Beteiligungsges AG'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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity Chart

Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 43.06 -25.45 -10.37 -10.85 -53.54

Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 -10.92 -2.44 -19.27 -13.32 -94.61

XTER:EFF0 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges AG'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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Effecten- und Wechsel- Beteiligungsges AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Deutsche Effecten- und Wechsel- Beteiligungsges AG's Return-on-Tangible-Equity falls into.


XTER:EFF0
43GF Score
Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Effecten- und Wechsel- Beteiligungsges AG Return-on-Tangible-Equity Calculation

Deutsche Effecten- und Wechsel- Beteiligungsges AG'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 )
=-5.627/( (13.323+7.695 )/ 2 )
=-5.627/10.509
=-53.54 %

Deutsche Effecten- und Wechsel- Beteiligungsges AG'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 )
=-9.536/( (12.464+7.695)/ 2 )
=-9.536/10.0795
=-94.61 %

* 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 -94.61% mean?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a Return-on-Tangible-Equity of -94.61% 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. According to the industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #1523 out of 1591 companies in the Asset Management industry, placing it in the top 95.7%.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG's Return-on-Tangible-Equity too high?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Return-on-Tangible-Equity is -94.61%. Based on the distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #1523 out of 1591 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Deutsche Effecten- und Wechsel- Beteiligungsges AG has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Effecten- und Wechsel- Beteiligungsges AG's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #1523 out of 1591 companies for Return-on-Tangible-Equity. This places Deutsche Effecten- und Wechsel- Beteiligungsges AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,591 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Return-on-Tangible-Equity is -94.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG stock overvalued right now?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a current Return-on-Tangible-Equity of -94.61%. The current Return-on-Tangible-Equity is -94.61%. Deutsche Effecten- und Wechsel- Beteiligungsges AG's overall GF Score™ is 43/100 with 1 warning sign 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0), the current Return-on-Tangible-Equity is -94.61% 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Business Description

Address Semmelweisstrasse 4, Jena, TH, DEU, 07743
Deutsche Effecten- und Wechsel- Beteiligungsges AG is a Germany-based listed investment company that specializes in the selection, acquisition, development, and sale of tech companies. It focuses on asset management and companies whose technologies and business models have an impact on the future development of the financial industry. The company supports its portfolio companies with capital, expertise in corporate development, and its extensive network of experts.
43GF Score

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

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