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Dalekovod DDZAG:DLKV -1.18%51 Return-on-Tangible-Equity is 38.59% as of Jun. 2026, which is 1098% above its 10-year median of 3.22. GuruFocus rates ZAG:DLKV with a GF Score™ of 51/100 and a GF Value™ of €6.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,710 Construction companies, Dalekovod DD ranks better than 77.84% 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. Dalekovod DD's annualized net income for the quarter that ended in Jun. 2026 was €34.8 Mil. Dalekovod DD's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €90.3 Mil. Therefore, Dalekovod DD's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 38.59%.
The historical rank and industry rank for Dalekovod DD's Return-on-Tangible-Equity or its related term are showing as below:
ZAG:DLKV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -82.39 Med: 3.22 Max: 21.83
Current: 21.83
During the past 13 years, Dalekovod DD's highest Return-on-Tangible-Equity was 21.83%. The lowest was -82.39%. And the median was 3.22%.
ZAG:DLKV's Return-on-Tangible-Equity is ranked better than 77.84% of 1710
companies
in the Construction industry
Industry Median: 8.145
vs ZAG:DLKV: 21.83
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.
Dalekovod DD Return-on-Tangible-Equity Related Terms
Dalekovod DD Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dalekovod DD'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.
ZAG:DLKV vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Dalekovod DD'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.
Dalekovod DD Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Dalekovod DD's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dalekovod DD'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 38.59% mean?
Dalekovod DD (ZAG:DLKV) has a Return-on-Tangible-Equity of 38.59% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dalekovod DD and its competitors. This is 1098% above median its historical median of 3.22. According to the industry distribution chart, Dalekovod DD ranks #379 out of 1710 companies in the Construction industry, placing it in the top 22.2%.
Is Dalekovod DD's Return-on-Tangible-Equity too high?
Dalekovod DD's current Return-on-Tangible-Equity of 38.59% is 1098% above median its 10-year median of 3.22. The Construction industry median Return-on-Tangible-Equity is 8.15. Dalekovod DD's value of 38.59% is 373.8% above this industry median. Based on the distribution chart, Dalekovod DD ranks #379 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Dalekovod DD has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dalekovod DD's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Dalekovod DD ranks #379 out of 1710 companies for Return-on-Tangible-Equity. This places Dalekovod DD in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.15. Dalekovod DD's value of 38.59% is 373.8% above this benchmark. While the company's 10-year median is 3.22 vs. the industry median of 8.15, Dalekovod DD 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.15, based on 1,710 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. Dalekovod DD's current Return-on-Tangible-Equity of 38.59% is 373.8% 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 Dalekovod DD and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalekovod DD's current Return-on-Tangible-Equity is 38.59%, which is 1098% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalekovod DD stock overvalued right now?
Based on GuruFocus' analysis, Dalekovod DD (ZAG:DLKV) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.11, compared to a current price of €16.80 — trading 175% above its estimated fair value. The current Return-on-Tangible-Equity is 38.59%, which is 1098% above median its 10-year median of 3.22 and 373.8% above the Construction industry median of 8.15. Dalekovod DD's overall GF Score™ is 51/100 with 5 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 Dalekovod DD (ZAG:DLKV), the current Return-on-Tangible-Equity is 38.59% as of Jun. 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 Dalekovod DD (ZAG:DLKV) Overvalued in 2026?
Based on GuruFocus' analysis, Dalekovod DD stock appears to be overvalued.
The current stock price of €16.80 is trading 175% above its estimated GF Value™ of €6.11.
GuruFocus considers Dalekovod DD to be Significantly Overvalued.
Key valuation signals for ZAG:DLKV:
Return-on-Tangible-Equity: 38.59% (1098% above median its 10-year median of 3.22)
GF Value™: €6.11 vs. price of €16.80 (175% above fair value)
Industry Position: 373.8% above the Construction median (#379 of 1710)
No single metric tells the full story. See the ZAG:DLKV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dalekovod DD offers engineering, production, construction, and installation of electric power facilities, facilities for the road, railroad, mass transit, and telecommunication infrastructure activities. The business segments of the company are the Production segment which includes forging works, the casting plant, and the laboratory for quality control and the production and sales of metal frames, manufacture and sales of suspension and jointing equipment whereas the Construction segment includes the services of construction and project documentation preparation of power and distribution facilities, transformer stations, installing antenna and others. The company generates maximum revenue from the construction segment.
51GF 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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