Beacon Lighting GroupASX:BLX -0.92%83 Return-on-Tangible-Equity is 19.11% as of Dec. 2025, which is 39% below its 10-year median of 31.10. GuruFocus rates ASX:BLX with a GF Score™ of 83/100 and a GF Value™ of A$2.85 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Beacon Lighting Group ranks better than 68.02% 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. Beacon Lighting Group's annualized net income for the quarter that ended in Dec. 2025 was A$33.1 Mil. Beacon Lighting Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$173.1 Mil. Therefore, Beacon Lighting Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.11%.
The historical rank and industry rank for Beacon Lighting Group's Return-on-Tangible-Equity or its related term are showing as below:
ASX:BLX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.64 Med: 31.1 Max: 43.64
Current: 16.64
During the past 12 years, Beacon Lighting Group's highest Return-on-Tangible-Equity was 43.64%. The lowest was 16.64%. And the median was 31.10%.
ASX:BLX's Return-on-Tangible-Equity is ranked better than 68.02% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 8.28
vs ASX:BLX: 16.64
Beacon Lighting Group (ASX:BLX) Return-on-Tangible-Equity Explanation
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.
Beacon Lighting Group Return-on-Tangible-Equity Related Terms
Beacon Lighting Group Return-on-Tangible-Equity Historical Data
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The historical data trend for Beacon Lighting Group'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.
Beacon Lighting Group Return-on-Tangible-Equity Chart
ASX:BLX vs CASY, WSM, DKS: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Beacon Lighting Group'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.
Beacon Lighting Group Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Beacon Lighting Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Beacon Lighting Group'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.11% mean?
Beacon Lighting Group (ASX:BLX) has a Return-on-Tangible-Equity of 19.11% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Beacon Lighting Group and its competitors. This is 39% below median its historical median of 31.10. Over the past decade, Beacon Lighting Group's Return-on-Tangible-Equity has ranged from 16.64 to 43.64. According to the industry distribution chart, Beacon Lighting Group ranks #338 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 32%.
Is Beacon Lighting Group's Return-on-Tangible-Equity too high?
Beacon Lighting Group's current Return-on-Tangible-Equity of 19.11% is 39% below median its 10-year median of 31.10. Over the past 10 years, this metric has ranged from a low of 16.64 to a high of 43.64. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.28. Beacon Lighting Group's value of 19.11% is 130.8% above this industry median. Based on the distribution chart, Beacon Lighting Group ranks #338 out of 1057 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Beacon Lighting Group has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beacon Lighting Group's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Beacon Lighting Group ranks #338 out of 1057 companies for Return-on-Tangible-Equity. This puts Beacon Lighting Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.28. Beacon Lighting Group's value of 19.11% is 130.8% above this benchmark. Historically, Beacon Lighting Group's own Return-on-Tangible-Equity has ranged from 16.64 to 43.64 over the past decade. While the company's 10-year median is 31.10 vs. the industry median of 8.28, Beacon Lighting Group 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.28, based on 1,057 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. Beacon Lighting Group's current Return-on-Tangible-Equity of 19.11% is 130.8% 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 Beacon Lighting Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beacon Lighting Group's current Return-on-Tangible-Equity is 19.11%, which is 39% below median its own 10-year median of 31.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beacon Lighting Group stock overvalued right now?
Based on GuruFocus' analysis, Beacon Lighting Group (ASX:BLX) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.85, compared to a current price of A$1.61 — trading 43.5% below its estimated fair value. The current Return-on-Tangible-Equity is 19.11%, which is 39% below median its 10-year median of 31.10 and 130.8% above the Retail - Cyclical industry median of 8.28. Beacon Lighting Group's overall GF Score™ is 83/100 with 4 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 Beacon Lighting Group (ASX:BLX), the current Return-on-Tangible-Equity is 19.11% 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 Beacon Lighting Group (ASX:BLX) Overvalued in 2026?
Based on GuruFocus' analysis, Beacon Lighting Group stock appears to be undervalued.
The current stock price of A$1.61 is trading 43.5% below its estimated GF Value™ of A$2.85.
GuruFocus considers Beacon Lighting Group to be Significantly Undervalued.
Key valuation signals for ASX:BLX:
Return-on-Tangible-Equity: 19.11% (39% below median its 10-year median of 31.10)
GF Value™: A$2.85 vs. price of A$1.61 (43.5% below fair value)
Industry Position: 130.8% above the Retail - Cyclical median (#338 of 1057)
No single metric tells the full story. See the ASX:BLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beacon Lighting Group Ltd engages in the sale of lighting. It designs, develops, imports, distributes, merchandises, and sells light fittings, ceiling fans, light globes, and energy products.
83GF Score
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