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Churchill ChinaFRA:EQW 57 Return-on-Tangible-Asset is 5.25% as of Dec. 2025, which is 50% below its 10-year median of 10.59. GuruFocus rates FRA:EQW with a GF Score™ of 57/100 and a GF Value™ of €11.26 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Churchill China ranks better than 71.66% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Churchill China's annualizedNet Income for the quarter that ended in Dec. 2025 was €4.69 Mil. Churchill China's average total tangible assets for the quarter that ended in Dec. 2025 was €89.37 Mil. Therefore, Churchill China's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.25%.
The historical rank and industry rank for Churchill China's Return-on-Tangible-Asset or its related term are showing as below:
FRA:EQW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.2 Med: 10.59 Max: 15.94
Current: 5.62
During the past 13 years, Churchill China's highest Return-on-Tangible-Asset was 15.94%. The lowest was 0.20%. And the median was 10.59%.
FRA:EQW's Return-on-Tangible-Asset is ranked better than 71.66% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.405
vs FRA:EQW: 5.62
Churchill China (FRA:EQW) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Churchill China Return-on-Tangible-Asset Related Terms
Churchill China Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Churchill China's Return-on-Tangible-Asset 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.
FRA:EQW vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, Churchill China's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Churchill China Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Churchill China's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Churchill China's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 5.25% mean?
Churchill China (FRA:EQW) has a Return-on-Tangible-Asset of 5.25% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Churchill China and its competitors. This is 50% below median its historical median of 10.59. Over the past decade, Churchill China's Return-on-Tangible-Asset has ranged from 0.20 to 15.94. According to the industry distribution chart, Churchill China ranks #123 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 28.3%.
Is Churchill China's Return-on-Tangible-Asset too high?
Churchill China's current Return-on-Tangible-Asset of 5.25% is 50% below median its 10-year median of 10.59. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 15.94. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.41. Churchill China's value of 5.25% is 118.3% above this industry median. Based on the distribution chart, Churchill China ranks #123 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Churchill China has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Churchill China's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Churchill China ranks #123 out of 434 companies for Return-on-Tangible-Asset. This puts Churchill China in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Churchill China's value of 5.25% is 118.3% above this benchmark. Historically, Churchill China's own Return-on-Tangible-Asset has ranged from 0.20 to 15.94 over the past decade. While the company's 10-year median is 10.59 vs. the industry median of 2.41, Churchill China 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-Asset for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.41, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill China's current Return-on-Tangible-Asset of 5.25% is 118.3% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Churchill China and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill China's current Return-on-Tangible-Asset is 5.25%, which is 50% below median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill China stock overvalued right now?
Based on GuruFocus' analysis, Churchill China (FRA:EQW) is currently considered Significantly Undervalued. The stock's GF Value™ is €11.26, compared to a current price of €4.38 — trading 61.1% below its estimated fair value. The current Return-on-Tangible-Asset is 5.25%, which is 50% below median its 10-year median of 10.59 and 118.3% above the Furnishings, Fixtures & Appliances industry median of 2.41. Churchill China's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Churchill China (FRA:EQW), the current Return-on-Tangible-Asset is 5.25% 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.
Is Churchill China (FRA:EQW) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill China stock appears to be undervalued.
The current stock price of €4.38 is trading 61.1% below its estimated GF Value™ of €11.26.
GuruFocus considers Churchill China to be Significantly Undervalued.
Key valuation signals for FRA:EQW:
Return-on-Tangible-Asset: 5.25% (50% below median its 10-year median of 10.59)
GF Value™: €11.26 vs. price of €4.38 (61.1% below fair value)
Industry Position: 118.3% above the Furnishings, Fixtures & Appliances median (#123 of 434)
No single metric tells the full story. See the FRA:EQW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. The company operates in the UK, Rest of Europe, USA and Rest of the World.
57GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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