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. Falcons Beyond Global's annualized net income for the quarter that ended in Mar. 2026 was $12.29 Mil. Falcons Beyond Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $12.39 Mil. Therefore, Falcons Beyond Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 99.21%.
The historical rank and industry rank for Falcons Beyond Global's Return-on-Tangible-Equity or its related term are showing as below:
FBYD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -103.54 Med: -60.38 Max: 357.32
Current: 238.1
During the past 5 years, Falcons Beyond Global's highest Return-on-Tangible-Equity was 357.32%. The lowest was -103.54%. And the median was -60.38%.
FBYD's Return-on-Tangible-Equity is ranked better than 93.28% of 551
companies
in the Conglomerates industry
Industry Median: 7.48
vs FBYD: 238.10
Falcons Beyond Global (NAS:FBYD) 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.
Falcons Beyond Global Return-on-Tangible-Equity Related Terms
Falcons Beyond Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Falcons Beyond Global'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.
Falcons Beyond Global Return-on-Tangible-Equity Chart
FBYD vs CODI, MATW, FIP: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Falcons Beyond Global'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.
Falcons Beyond Global Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Falcons Beyond Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Falcons Beyond Global'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 four times the quarterly (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 99.21% mean?
Falcons Beyond Global (FBYD) has a Return-on-Tangible-Equity of 99.21% 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 Falcons Beyond Global and its competitors. According to the industry distribution chart, Falcons Beyond Global ranks #37 out of 551 companies in the Conglomerates industry, placing it in the top 6.7%.
Is Falcons Beyond Global's Return-on-Tangible-Equity too high?
Falcons Beyond Global's current Return-on-Tangible-Equity is 99.21%. The Conglomerates industry median Return-on-Tangible-Equity is 7.48. Falcons Beyond Global's value of 99.21% is 1226.3% above this industry median. Based on the distribution chart, Falcons Beyond Global ranks #37 out of 551 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Falcons Beyond Global has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Falcons Beyond Global's Return-on-Tangible-Equity compare to CODI and MATW?
According to the Conglomerates industry distribution chart, Falcons Beyond Global ranks #37 out of 551 companies for Return-on-Tangible-Equity. This places Falcons Beyond Global in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.48. Falcons Beyond Global's value of 99.21% is 1226.3% 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.48, based on 551 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. Falcons Beyond Global's current Return-on-Tangible-Equity of 99.21% is 1226.3% 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-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 Falcons Beyond Global and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Falcons Beyond Global's current Return-on-Tangible-Equity is 99.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Falcons Beyond Global stock overvalued right now?
Based on GuruFocus' analysis, Falcons Beyond Global (FBYD) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.21, compared to a current price of $14.78 — trading 183.7% above its estimated fair value. The current Return-on-Tangible-Equity is 99.21% and 1226.3% above the Conglomerates industry median of 7.48. Falcons Beyond Global's overall GF Score™ is 20/100 with 5 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 Falcons Beyond Global (FBYD), the current Return-on-Tangible-Equity is 99.21% 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 Falcons Beyond Global (FBYD) Overvalued in 2026?
Based on GuruFocus' analysis, Falcons Beyond Global stock appears to be overvalued.
The current stock price of $14.78 is trading 183.7% above its estimated GF Value™ of $5.21.
GuruFocus considers Falcons Beyond Global to be Significantly Overvalued.
Key valuation signals for FBYD:
Return-on-Tangible-Equity: 99.21%
GF Value™: $5.21 vs. price of $14.78 (183.7% above fair value)
Industry Position: 1226.3% above the Conglomerates median (#37 of 551)
No single metric tells the full story. See the FBYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Falcons Beyond Global Inc is a visionary entertainment and technology enterprise. The group designs, develops, engineers, delivers, and commercializes immersive physical and digital experiences for brands, developers, and destination operators world-wide, as well as for its own portfolio of entertainment and technology concepts. The Company has five operating segments: Falcon's Creative Group, Destinations Operations, PDP, Falcon's Beyond Brands, and Falcon's Attractions. It earns the majority of the revenue from Falcon's Creative Group segment.
20GF Score
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