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Flat Glass Group CoFGSGF -14.89%91 Return-on-Tangible-Equity is 0.82% as of Mar. 2026, which is 95% below its 10-year median of 16.28. GuruFocus rates FGSGF with a GF Score™ of 91/100 and a GF Value™ of $1.71. The stock has 8 warning signs investors should review. Among 986 Semiconductors companies, Flat Glass Group Co ranks worse than 52.03% 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. Flat Glass Group Co's annualized net income for the quarter that ended in Mar. 2026 was $22 Mil. Flat Glass Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,698 Mil. Therefore, Flat Glass Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.82%.
The historical rank and industry rank for Flat Glass Group Co's Return-on-Tangible-Equity or its related term are showing as below:
FGSGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.7 Med: 16.28 Max: 30.29
Current: 5.07
During the past 12 years, Flat Glass Group Co's highest Return-on-Tangible-Equity was 30.29%. The lowest was 4.70%. And the median was 16.28%.
FGSGF's Return-on-Tangible-Equity is ranked worse than 52.03% of 986
companies
in the Semiconductors industry
Industry Median: 5.62
vs FGSGF: 5.07
Flat Glass Group Co (OTCPK:FGSGF) 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.
Flat Glass Group Co Return-on-Tangible-Equity Related Terms
Flat Glass Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Flat Glass Group Co'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.
Flat Glass Group Co Return-on-Tangible-Equity Chart
FGSGF vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Flat Glass Group Co'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.
Flat Glass Group Co Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Flat Glass Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flat Glass Group Co'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 0.82% mean?
Flat Glass Group Co (FGSGF) has a Return-on-Tangible-Equity of 0.82% 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 Flat Glass Group Co and its competitors. This is 95% below median its historical median of 16.28. Over the past decade, Flat Glass Group Co's Return-on-Tangible-Equity has ranged from 4.70 to 30.29. According to the industry distribution chart, Flat Glass Group Co ranks #513 out of 986 companies in the Semiconductors industry, placing it in the top 52%.
Is Flat Glass Group Co's Return-on-Tangible-Equity too high?
Flat Glass Group Co's current Return-on-Tangible-Equity of 0.82% is 95% below median its 10-year median of 16.28. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 30.29. The Semiconductors industry median Return-on-Tangible-Equity is 5.62. Flat Glass Group Co's value of 0.82% is 85.4% below this industry median. Based on the distribution chart, Flat Glass Group Co ranks #513 out of 986 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Flat Glass Group Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Flat Glass Group Co's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Flat Glass Group Co ranks #513 out of 986 companies for Return-on-Tangible-Equity. This places Flat Glass Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.62. Flat Glass Group Co's value of 0.82% is 85.4% below this benchmark. Historically, Flat Glass Group Co's own Return-on-Tangible-Equity has ranged from 4.70 to 30.29 over the past decade. While the company's 10-year median is 16.28 vs. the industry median of 5.62, Flat Glass Group Co has consistently been below 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.62, based on 986 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. Flat Glass Group Co's current Return-on-Tangible-Equity of 0.82% is 85.4% below 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 Flat Glass Group Co and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flat Glass Group Co's current Return-on-Tangible-Equity is 0.82%, which is 95% below median its own 10-year median of 16.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flat Glass Group Co stock overvalued right now?
Flat Glass Group Co (FGSGF) has a current Return-on-Tangible-Equity of 0.82%. The stock's GF Value™ is $1.71, compared to a current price of $1.20 — trading 29.8% below its estimated fair value. The current Return-on-Tangible-Equity is 0.82%, which is 95% below median its 10-year median of 16.28 and 85.4% below the Semiconductors industry median of 5.62. Flat Glass Group Co's overall GF Score™ is 91/100 with 8 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 Flat Glass Group Co (FGSGF), the current Return-on-Tangible-Equity is 0.82% 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 Flat Glass Group Co (FGSGF) Overvalued in 2026?
Based on GuruFocus' analysis, Flat Glass Group Co stock appears to be undervalued.
The current stock price of $1.20 is trading 29.8% below its estimated GF Value™ of $1.71.
Key valuation signals for FGSGF:
Return-on-Tangible-Equity: 0.82% (95% below median its 10-year median of 16.28)
GF Value™: $1.71 vs. price of $1.20 (29.8% below fair value)
Industry Position: 85.4% below the Semiconductors median (#513 of 986)
No single metric tells the full story. See the FGSGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flat Glass Group Co Ltd manufactures and sells glass and glass products. The company operates in six segments: PV glass, Household Glass, Architectural Glass, Float Glass, Mining products, Electricity generation, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are PRC, Asia (excluding the PRC), Europe, North America, and Others.
91GF Score
Get the complete analysis for FGSGF
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