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Ing-Grad DdZAG:IG -1.50%28 Return-on-Tangible-Equity is 36.76% as of Mar. 2026, which is 29% below its 10-year median of 52.01. GuruFocus rates ZAG:IG with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,710 Construction companies, Ing-Grad Dd ranks better than 82.4% 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. Ing-Grad Dd's annualized net income for the quarter that ended in Mar. 2026 was €33.0 Mil. Ing-Grad Dd's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €89.8 Mil. Therefore, Ing-Grad Dd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 36.76%.
The historical rank and industry rank for Ing-Grad Dd's Return-on-Tangible-Equity or its related term are showing as below:
ZAG:IG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.84 Med: 52.01 Max: 62.61
Current: 26.84
During the past 3 years, Ing-Grad Dd's highest Return-on-Tangible-Equity was 62.61%. The lowest was 26.84%. And the median was 52.01%.
ZAG:IG's Return-on-Tangible-Equity is ranked better than 82.4% of 1710
companies
in the Construction industry
Industry Median: 8.145
vs ZAG:IG: 26.84
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.
Ing-Grad Dd Return-on-Tangible-Equity Related Terms
Ing-Grad Dd Return-on-Tangible-Equity Historical Data
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The historical data trend for Ing-Grad 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:IG vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Ing-Grad 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.
Ing-Grad Dd Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Ing-Grad Dd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ing-Grad 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 (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 36.76% mean?
Ing-Grad Dd (ZAG:IG) has a Return-on-Tangible-Equity of 36.76% 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 Ing-Grad Dd and its competitors. This is 29% below median its historical median of 52.01. Over the past decade, Ing-Grad Dd's Return-on-Tangible-Equity has ranged from 26.84 to 62.61. According to the industry distribution chart, Ing-Grad Dd ranks #301 out of 1710 companies in the Construction industry, placing it in the top 17.6%.
Is Ing-Grad Dd's Return-on-Tangible-Equity too high?
Ing-Grad Dd's current Return-on-Tangible-Equity of 36.76% is 29% below median its 10-year median of 52.01. Over the past 10 years, this metric has ranged from a low of 26.84 to a high of 62.61. The Construction industry median Return-on-Tangible-Equity is 8.15. Ing-Grad Dd's value of 36.76% is 351.3% above this industry median. Based on the distribution chart, Ing-Grad Dd ranks #301 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ing-Grad Dd has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ing-Grad Dd's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ing-Grad Dd ranks #301 out of 1710 companies for Return-on-Tangible-Equity. This places Ing-Grad Dd in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.15. Ing-Grad Dd's value of 36.76% is 351.3% above this benchmark. Historically, Ing-Grad Dd's own Return-on-Tangible-Equity has ranged from 26.84 to 62.61 over the past decade. While the company's 10-year median is 52.01 vs. the industry median of 8.15, Ing-Grad 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. Ing-Grad Dd's current Return-on-Tangible-Equity of 36.76% is 351.3% 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 Ing-Grad 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. Ing-Grad Dd's current Return-on-Tangible-Equity is 36.76%, which is 29% below median its own 10-year median of 52.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ing-Grad Dd stock overvalued right now?
Ing-Grad Dd (ZAG:IG) has a current Return-on-Tangible-Equity of 36.76%. The current Return-on-Tangible-Equity is 36.76%, which is 29% below median its 10-year median of 52.01 and 351.3% above the Construction industry median of 8.15. Ing-Grad Dd's overall GF Score™ is 28/100 with 3 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 Ing-Grad Dd (ZAG:IG), the current Return-on-Tangible-Equity is 36.76% 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.
Ing-Grad Dd provides a wide range of construction works, from the renovation of historical buildings and sacral architecture to the construction of modern business and residential spaces, as well as construction works in the field of energy and infrastructure construction. It has worked on around 200 construction projects in various fields so far.
28GF Score
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