FlexiroamASX:FRX Return-on-Tangible-Equity is 100.16% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 326 Telecommunication Services companies, Flexiroam ranks better than 79.14% 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. Flexiroam's annualized net income for the quarter that ended in Dec. 2025 was A$2.85 Mil. Flexiroam's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$2.84 Mil. Therefore, Flexiroam's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 100.16%.
The historical rank and industry rank for Flexiroam's Return-on-Tangible-Equity or its related term are showing as below:
ASX:FRX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -475.6 Med: -84.12 Max: 181.1
Current: 181.1
During the past 10 years, Flexiroam's highest Return-on-Tangible-Equity was 181.10%. The lowest was -475.60%. And the median was -84.12%.
ASX:FRX's Return-on-Tangible-Equity is ranked better than 79.14% of 326
companies
in the Telecommunication Services industry
Industry Median: 14.005
vs ASX:FRX: 181.10
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.
Flexiroam Return-on-Tangible-Equity Related Terms
Flexiroam Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Flexiroam'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.
ASX:FRX vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Flexiroam'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.
Flexiroam Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Flexiroam's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flexiroam'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 100.16% mean?
Flexiroam (ASX:FRX) has a Return-on-Tangible-Equity of 100.16% 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 Flexiroam and its competitors. According to the industry distribution chart, Flexiroam ranks #68 out of 326 companies in the Telecommunication Services industry, placing it in the top 20.9%.
Is Flexiroam's Return-on-Tangible-Equity too high?
Flexiroam's current Return-on-Tangible-Equity is 100.16%. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.01. Flexiroam's value of 100.16% is 615.2% above this industry median. Based on the distribution chart, Flexiroam ranks #68 out of 326 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does Flexiroam's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Flexiroam ranks #68 out of 326 companies for Return-on-Tangible-Equity. This places Flexiroam in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 14.01. Flexiroam's value of 100.16% is 615.2% 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 a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 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. Flexiroam's current Return-on-Tangible-Equity of 100.16% is 615.2% 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 Flexiroam and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexiroam's current Return-on-Tangible-Equity is 100.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexiroam stock overvalued right now?
Based on GuruFocus' analysis, Flexiroam (ASX:FRX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 70% above its estimated fair value. The current Return-on-Tangible-Equity is 100.16% and 615.2% above the Telecommunication Services industry median of 14.01. 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 Flexiroam (ASX:FRX), the current Return-on-Tangible-Equity is 100.16% 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.
Flexiroam Ltd is a virtual network operator engaged in the supply of eSIM & Physical SIM-based data solutions into the international Roaming and Solutions segments. The operating segment includes Travel and Business-to-Business (B2B). The travel segment provides mobile data connectivity solutions to consumers. Revenue is generated through two primary channels: direct-to-consumer sales and the brand partnership channel, where connectivity is provided to the end-customers of enterprise partners. The Business-to-Business (B2B) segment provides wholesale connectivity solutions and other technology services directly to business clients.
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