ZedgeZDGE +3.33%76 Return-on-Tangible-Equity is 17.63% as of Apr. 2026. GuruFocus rates ZDGE with a GF Score™ of 76/100 and a GF Value™ of $3.06 (Fairly Valued). Among 490 Interactive Media companies, Zedge ranks worse than 67.55% 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. Zedge's annualized net income for the quarter that ended in Apr. 2026 was $3.70 Mil. Zedge's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $21.01 Mil. Therefore, Zedge's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 17.63%.
The historical rank and industry rank for Zedge's Return-on-Tangible-Equity or its related term are showing as below:
ZDGE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.56 Med: -10.51 Max: 44.9
Current: -5.57
During the past 12 years, Zedge's highest Return-on-Tangible-Equity was 44.90%. The lowest was -54.56%. And the median was -10.51%.
ZDGE's Return-on-Tangible-Equity is ranked worse than 67.55% of 490
companies
in the Interactive Media industry
Industry Median: 5.795
vs ZDGE: -5.57
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.
Zedge Return-on-Tangible-Equity Related Terms
Zedge Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zedge'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.
ZDGE vs SJ, AREN, MNY: Return-on-Tangible-Equity Comparison
For the Internet Content & Information subindustry, Zedge'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.
Zedge Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Zedge's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zedge'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.63% mean?
Zedge (ZDGE) has a Return-on-Tangible-Equity of 17.63% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Zedge and its competitors. According to the industry distribution chart, Zedge ranks #331 out of 490 companies in the Interactive Media industry, placing it in the top 67.6%.
Is Zedge's Return-on-Tangible-Equity too high?
Zedge's current Return-on-Tangible-Equity is 17.63%. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. Zedge's value of 17.63% is 204.2% above this industry median. Based on the distribution chart, Zedge ranks #331 out of 490 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Zedge has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's Return-on-Tangible-Equity compare to SJ and AREN?
According to the Interactive Media industry distribution chart, Zedge ranks #331 out of 490 companies for Return-on-Tangible-Equity. This places Zedge in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.80. Zedge's value of 17.63% is 204.2% above this benchmark. 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 Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.80, based on 490 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. Zedge's current Return-on-Tangible-Equity of 17.63% is 204.2% 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 Zedge and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedge's current Return-on-Tangible-Equity is 17.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (ZDGE) is currently considered Fairly Valued. The stock's GF Value™ is $3.06, compared to a current price of $3.10 — trading 1.3% above its estimated fair value. The current Return-on-Tangible-Equity is 17.63% and 204.2% above the Interactive Media industry median of 5.80. Zedge's overall GF Score™ is 76/100. 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 Zedge (ZDGE), the current Return-on-Tangible-Equity is 17.63% as of Apr. 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 Zedge (ZDGE) Overvalued in 2026?
Based on GuruFocus' analysis, Zedge stock appears to be overvalued.
The current stock price of $3.10 is trading 1.3% above its estimated GF Value™ of $3.06.
GuruFocus considers Zedge to be Fairly Valued.
Key valuation signals for ZDGE:
Return-on-Tangible-Equity: 17.63%
GF Value™: $3.06 vs. price of $3.10 (1.3% above fair value)
Industry Position: 204.2% above the Interactive Media median (#331 of 490)
No single metric tells the full story. See the ZDGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
76GF Score
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