Jet2DRTGF 78 Return-on-Tangible-Equity is 67.63% as of Sep. 2025, which is 173% above its 10-year median of 24.77. GuruFocus rates DRTGF with a GF Score™ of 78/100 and a GF Value™ of $28.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 794 Travel & Leisure companies, Jet2 ranks better than 77.2% 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. Jet2's annualized net income for the quarter that ended in Sep. 2025 was $1,622 Mil. Jet2's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $2,399 Mil. Therefore, Jet2's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 67.63%.
The historical rank and industry rank for Jet2's Return-on-Tangible-Equity or its related term are showing as below:
DRTGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -35.11 Med: 24.77 Max: 38.42
Current: 25.33
During the past 13 years, Jet2's highest Return-on-Tangible-Equity was 38.42%. The lowest was -35.11%. And the median was 24.77%.
DRTGF's Return-on-Tangible-Equity is ranked better than 77.2% of 794
companies
in the Travel & Leisure industry
Industry Median: 7.615
vs DRTGF: 25.33
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.
Jet2 Return-on-Tangible-Equity Related Terms
Jet2 Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jet2'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.
DRTGF vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Jet2'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.
Jet2 Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jet2'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 67.63% mean?
Jet2 (DRTGF) has a Return-on-Tangible-Equity of 67.63% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jet2 and its competitors. This is 173% above median its historical median of 24.77. According to the industry distribution chart, Jet2 ranks #181 out of 794 companies in the Travel & Leisure industry, placing it in the top 22.8%.
Is Jet2's Return-on-Tangible-Equity too high?
Jet2's current Return-on-Tangible-Equity of 67.63% is 173% above median its 10-year median of 24.77. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.62. Jet2's value of 67.63% is 788.1% above this industry median. Based on the distribution chart, Jet2 ranks #181 out of 794 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Jet2 has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet2's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Jet2 ranks #181 out of 794 companies for Return-on-Tangible-Equity. This places Jet2 in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.62. Jet2's value of 67.63% is 788.1% above this benchmark. While the company's 10-year median is 24.77 vs. the industry median of 7.62, Jet2 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 794 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. Jet2's current Return-on-Tangible-Equity of 67.63% is 788.1% 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 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 Jet2 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. Jet2's current Return-on-Tangible-Equity is 67.63%, which is 173% above median its own 10-year median of 24.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet2 stock overvalued right now?
Based on GuruFocus' analysis, Jet2 (DRTGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.36, compared to a current price of $18.18 — trading 35.9% below its estimated fair value. The current Return-on-Tangible-Equity is 67.63%, which is 173% above median its 10-year median of 24.77 and 788.1% above the Travel & Leisure industry median of 7.62. Jet2's overall GF Score™ is 78/100 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 Jet2 (DRTGF), the current Return-on-Tangible-Equity is 67.63% as of Sep. 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 Jet2 (DRTGF) Overvalued in 2026?
Based on GuruFocus' analysis, Jet2 stock appears to be undervalued.
The current stock price of $18.18 is trading 35.9% below its estimated GF Value™ of $28.36.
GuruFocus considers Jet2 to be Modestly Undervalued.
Key valuation signals for DRTGF:
Return-on-Tangible-Equity: 67.63% (173% above median its 10-year median of 24.77)
GF Value™: $28.36 vs. price of $18.18 (35.9% below fair value)
Industry Position: 788.1% above the Travel & Leisure median (#181 of 794)
No single metric tells the full story. See the DRTGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. The company generates the majority of its revenue from Package holidays sales.
78GF Score
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