Flight Centre Travel GroupFGETF 73 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates FGETF with a GF Score™ of 73/100 and a GF Value™ of $16.65 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 797 Travel & Leisure companies, Flight Centre Travel Group ranks better than 88.83% 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. Flight Centre Travel Group's annualized net income for the quarter that ended in Dec. 2025 was $80 Mil. Flight Centre Travel Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $-1 Mil. Therefore, Flight Centre Travel Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for Flight Centre Travel Group's Return-on-Tangible-Equity or its related term are showing as below:
FGETF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -218.77 Med: 27.59 Max: 216.86
Current: 216.86
During the past 13 years, Flight Centre Travel Group's highest Return-on-Tangible-Equity was 216.86%. The lowest was -218.77%. And the median was 27.59%.
FGETF's Return-on-Tangible-Equity is ranked better than 88.83% of 797
companies
in the Travel & Leisure industry
Industry Median: 7.54
vs FGETF: 216.86
Flight Centre Travel Group (OTCPK:FGETF) 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.
Flight Centre Travel Group Return-on-Tangible-Equity Related Terms
Flight Centre Travel Group Return-on-Tangible-Equity Historical Data
* 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.
Flight Centre Travel Group Return-on-Tangible-Equity Chart
FGETF vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Flight Centre 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.
Flight Centre Travel Group Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flight Centre Travel 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 Negative Tangible Equity% mean?
Flight Centre Travel Group (FGETF) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Flight Centre Travel Group and its competitors. According to the industry distribution chart, Flight Centre Travel Group ranks #89 out of 797 companies in the Travel & Leisure industry, placing it in the top 11.2%.
Is Flight Centre Travel Group's Return-on-Tangible-Equity too high?
Flight Centre Travel Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Flight Centre Travel Group ranks #89 out of 797 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Flight Centre Travel Group has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flight Centre Travel Group's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flight Centre Travel Group ranks #89 out of 797 companies for Return-on-Tangible-Equity. This places Flight Centre Travel Group in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.54. 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 7.54, based on 797 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 Flight Centre Travel Group and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flight Centre 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 Flight Centre Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Flight Centre Travel Group (FGETF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.65, compared to a current price of $8.60 — trading 48.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Flight Centre Travel Group's overall GF Score™ is 73/100 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 Flight Centre Travel Group (FGETF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Flight Centre Travel Group (FGETF) Overvalued in 2026?
Based on GuruFocus' analysis, Flight Centre Travel Group stock appears to be undervalued.
The current stock price of $8.60 is trading 48.3% below its estimated GF Value™ of $16.65.
GuruFocus considers Flight Centre Travel Group to be Possible Value Trap.
No single metric tells the full story. See the FGETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flight Centre Travel is one of the largest travel intermediaries in the world. The group generates around half of its total transaction value, or TTV, from the corporate unit, with the other half from the leisure market and ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 agent operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates an extensive network of shops while also runs online channels and deal with independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.
73GF Score
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