Web Travel Group (ASX:WEB) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


ASX:WEB Web Travel Group Ltd ASX:WEB
75 GF Score
Price A$2.63
GF Value A$5.66
Valuation Possible Value Trap
! 2 Warning Signs
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What is Web Travel Group Return-on-Tangible-Equity?

Web Travel Group ASX:WEB -2.23% 75 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates ASX:WEB with a GF Score™ of 75/100 and a GF Value™ of A$5.66 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 796 Travel & Leisure companies, Web Travel Group ranks better than 99.87% 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. Web Travel Group's annualized net income for the quarter that ended in Mar. 2026 was A$17.2 Mil. Web Travel Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was A$-115.4 Mil. Therefore, Web Travel Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Web Travel Group's Return-on-Tangible-Equity or its related term are showing as below:

ASX:WEB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 79.93   Med: 199.35   Max: 532.74
Current: Negative Tangible Equity

During the past 13 years, Web Travel Group's highest Return-on-Tangible-Equity was 532.74%. The lowest was 79.93%. And the median was 199.35%.

ASX:WEB's Return-on-Tangible-Equity is ranked better than
99.87% of 796 companies
in the Travel & Leisure industry
Industry Median: 7.615 vs ASX:WEB: Negative Tangible Equity

Web Travel Group  (ASX:WEB) 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.


Web Travel Group Return-on-Tangible-Equity Related Terms


Web Travel Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Web Travel 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.

Web Travel Group Return-on-Tangible-Equity Chart

Web Travel Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 258.93 79.93 Negative Tangible Equity Negative Tangible Equity

Web Travel Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity 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 43.66 556.00 0.00 Negative Tangible Equity Negative Tangible Equity

ASX:WEB vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Web Travel 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.


Web Travel Group Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Web Travel Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Web Travel Group's Return-on-Tangible-Equity falls into.


ASX:WEB
75GF Score
Web Travel Group Ltd ASX:WEB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Web Travel Group Return-on-Tangible-Equity Calculation

Web Travel Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=35.5/( (-156.5+-104.4 )/ 2 )
=35.5/-130.45
=Negative Tangible Equity %

Web Travel Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=17.2/( (-126.4+-104.4)/ 2 )
=17.2/-115.4
=Negative Tangible Equity %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Web Travel Group (ASX:WEB) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Web Travel Group and its competitors. Over the past decade, Web Travel Group's Return-on-Tangible-Equity has ranged from 79.93 to 532.74. According to the industry distribution chart, Web Travel Group ranks #1 out of 796 companies in the Travel & Leisure industry, placing it in the top 0.099999999999994%.
Is Web Travel Group's Return-on-Tangible-Equity too high?
Web Travel Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 79.93 to a high of 532.74. Based on the distribution chart, Web Travel Group ranks #1 out of 796 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Web Travel Group has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Web Travel Group's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Web Travel Group ranks #1 out of 796 companies for Return-on-Tangible-Equity. This places Web Travel Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.62. Historically, Web Travel Group's own Return-on-Tangible-Equity has ranged from 79.93 to 532.74 over the past decade. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 796 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. 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 Web Travel Group and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Web Travel Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Web Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Web Travel Group (ASX:WEB) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.66, compared to a current price of A$2.63 — trading 53.5% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Web Travel Group's overall GF Score™ is 75/100 with 2 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 Web Travel Group (ASX:WEB), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Web Travel Group (ASX:WEB) Overvalued in 2026?

Based on GuruFocus' analysis, Web Travel Group stock appears to be undervalued. The current stock price of A$2.63 is trading 53.5% below its estimated GF Value™ of A$5.66. GuruFocus considers Web Travel Group to be Possible Value Trap.

Key valuation signals for ASX:WEB:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: A$5.66 vs. price of A$2.63 (53.5% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Web Travel Group Business Description

Other Exchanges WEJTY:USAWBJ:Germany
Address 440 Collins Road, Level 12, Melbourne, VIC, AUS, 3000
Web Travel Group acts as an intermediary for hotel accommodation inventory across Europe, Asia-Pacific, the Middle East, and Africa, as well as the Americas. The group operates in the business-to-business, or B2B, space. The B2B business, WebBeds, sits between hotels and wholesale/retail travel service providers. WebBeds is presently the world's second-largest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.
75GF Score

Get the complete analysis for ASX:WEB

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.63
Price
A$5.66
GF Value