Tick Trading Software AG (FRA:TBX0) ROE %: 25.66% (As of Mar. 2026) — 51% Below Median


FRA:TBX0 Tick Trading Software AG FRA:TBX0
76 GF Score
Price €7.25
GF Value €8.17
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tick Trading Software AG ROE %?

Tick Trading Software AG FRA:TBX0 76 ROE % is 25.66% as of Mar. 2026, which is 51% below its 10-year median of 52.00. GuruFocus rates FRA:TBX0 with a GF Score™ of 76/100 and a GF Value™ of €8.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,675 Software companies, Tick Trading Software AG ranks better than 91.21% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tick Trading Software AG's annualized net income for the quarter that ended in Mar. 2026 was €1.26 Mil. Tick Trading Software AG's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €4.91 Mil. Therefore, Tick Trading Software AG's annualized ROE % for the quarter that ended in Mar. 2026 was 25.66%.

The historical rank and industry rank for Tick Trading Software AG's ROE % or its related term are showing as below:

FRA:TBX0' s ROE % Range Over the Past 10 Years
Min: 25.01   Med: 52   Max: 110.98
Current: 32.55

During the past 13 years, Tick Trading Software AG's highest ROE % was 110.98%. The lowest was 25.01%. And the median was 52.00%.

FRA:TBX0's ROE % is ranked better than
91.21% of 2675 companies
in the Software industry
Industry Median: 4.69 vs FRA:TBX0: 32.55

Tick Trading Software AG  (FRA:TBX0) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.26/4.91
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.26 / 7.828)*(7.828 / 6.112)*(6.112 / 4.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.1 %*1.2808*1.2448
=ROA %*Equity Multiplier
=20.62 %*1.2448
=25.66 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.26/4.91
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.26 / 1.844) * (1.844 / 1.774) * (1.774 / 7.828) * (7.828 / 6.112) * (6.112 / 4.91)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6833 * 1.0395 * 22.66 % * 1.2808 * 1.2448
=25.66 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Tick Trading Software AG ROE % Related Terms


Tick Trading Software AG ROE % Historical Data

* Premium members only.

The historical data trend for Tick Trading Software AG's ROE % 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.

Tick Trading Software AG ROE % Chart

Tick Trading Software AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.98 32.14 25.01 37.88 52.21

Tick Trading Software AG Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 30.91 40.80 57.41 40.67 25.66

FRA:TBX0 vs CRM, SHOP, UBER: ROE % Comparison

For the Software - Application subindustry, Tick Trading Software AG's ROE %, along with its competitors' market caps and ROE % 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.


Tick Trading Software AG ROE % vs Software Industry

For the Software industry and Technology sector, Tick Trading Software AG's ROE % distribution charts can be found below:

* The bar in red indicates where Tick Trading Software AG's ROE % falls into.


FRA:TBX0
76GF Score
Tick Trading Software AG FRA:TBX0
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tick Trading Software AG ROE % Calculation

Tick Trading Software AG's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=2.111/( (3.491+4.595)/ 2 )
=2.111/4.043
=52.21 %

Tick Trading Software AG's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1.26/( (4.595+5.225)/ 2 )
=1.26/4.91
=25.66 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.66% mean?
Tick Trading Software AG (FRA:TBX0) has a ROE % of 25.66% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tick Trading Software AG and its competitors. This is 51% below median its historical median of 52.00. Over the past decade, Tick Trading Software AG's ROE % has ranged from 25.01 to 110.98. According to the industry distribution chart, Tick Trading Software AG ranks #235 out of 2675 companies in the Software industry, placing it in the top 8.8%.
Is Tick Trading Software AG's ROE % too high?
Tick Trading Software AG's current ROE % of 25.66% is 51% below median its 10-year median of 52.00. Over the past 10 years, this metric has ranged from a low of 25.01 to a high of 110.98. The Software industry median ROE % is 4.69. Tick Trading Software AG's value of 25.66% is 447.1% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #235 out of 2675 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tick Trading Software AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's ROE % compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #235 out of 2675 companies for ROE %. This places Tick Trading Software AG in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 4.69. Tick Trading Software AG's value of 25.66% is 447.1% above this benchmark. Historically, Tick Trading Software AG's own ROE % has ranged from 25.01 to 110.98 over the past decade. While the company's 10-year median is 52.00 vs. the industry median of 4.69, Tick Trading Software AG 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 ROE % for a Software company?
The median ROE % among Software companies is 4.69, based on 2,675 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tick Trading Software AG's current ROE % of 25.66% is 447.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tick Trading Software AG and its competitors. For the Software industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current ROE % is 25.66%, which is 51% below median its own 10-year median of 52.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Based on GuruFocus' analysis, Tick Trading Software AG (FRA:TBX0) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.17, compared to a current price of €7.25 — trading 11.3% below its estimated fair value. The current ROE % is 25.66%, which is 51% below median its 10-year median of 52.00 and 447.1% above the Software industry median of 4.69. Tick Trading Software AG's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tick Trading Software AG (FRA:TBX0), the current ROE % is 25.66% 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 Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?

Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued. The current stock price of €7.25 is trading 11.3% below its estimated GF Value™ of €8.17. GuruFocus considers Tick Trading Software AG to be Modestly Undervalued.

Key valuation signals for FRA:TBX0:

  • ROE %: 25.66% (51% below median its 10-year median of 52.00)
  • GF Value™: €8.17 vs. price of €7.25 (11.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 447.1% above the Software median (#235 of 2675)

No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tick Trading Software AG Business Description

Other Exchanges TBX0:Germany
Address Berliner Allee 59, Dusseldorf,, NW, DEU, 40212
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
76GF Score

Get the complete analysis for FRA:TBX0

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.25
Price
€8.17
GF Value