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FLSmidth ASFLIDF 69 Return-on-Tangible-Equity is 200.92% as of Mar. 2026, which is 884% above its 10-year median of 20.42. GuruFocus rates FLIDF with a GF Score™ of 69/100 and a GF Value™ of $44.27. The stock has 2 warning signs investors should review. Among 2,973 Industrial Products companies, FLSmidth AS ranks better than 89.91% 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. FLSmidth AS's annualized net income for the quarter that ended in Mar. 2026 was $609 Mil. FLSmidth AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $303 Mil. Therefore, FLSmidth AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 200.92%.
The historical rank and industry rank for FLSmidth AS's Return-on-Tangible-Equity or its related term are showing as below:
FLIDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.15 Med: 20.42 Max: 65.78
Current: 27.06
During the past 13 years, FLSmidth AS's highest Return-on-Tangible-Equity was 65.78%. The lowest was 6.15%. And the median was 20.42%.
FLIDF's Return-on-Tangible-Equity is ranked better than 89.91% of 2973
companies
in the Industrial Products industry
Industry Median: 6.79
vs FLIDF: 27.06
FLSmidth AS (OTCPK:FLIDF) 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.
FLSmidth AS Return-on-Tangible-Equity Related Terms
FLSmidth AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FLSmidth AS'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.
FLIDF vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.
FLSmidth AS Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FLSmidth AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FLSmidth AS'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 200.92% mean?
FLSmidth AS (FLIDF) has a Return-on-Tangible-Equity of 200.92% 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 FLSmidth AS and its competitors. This is 884% above median its historical median of 20.42. Over the past decade, FLSmidth AS's Return-on-Tangible-Equity has ranged from 6.15 to 65.78. According to the industry distribution chart, FLSmidth AS ranks #300 out of 2973 companies in the Industrial Products industry, placing it in the top 10.1%.
Is FLSmidth AS's Return-on-Tangible-Equity too high?
FLSmidth AS's current Return-on-Tangible-Equity of 200.92% is 884% above median its 10-year median of 20.42. Over the past 10 years, this metric has ranged from a low of 6.15 to a high of 65.78. The Industrial Products industry median Return-on-Tangible-Equity is 6.79. FLSmidth AS's value of 200.92% is 2859.1% above this industry median. Based on the distribution chart, FLSmidth AS ranks #300 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FLSmidth AS has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FLSmidth AS ranks #300 out of 2973 companies for Return-on-Tangible-Equity. This places FLSmidth AS in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.79. FLSmidth AS's value of 200.92% is 2859.1% above this benchmark. Historically, FLSmidth AS's own Return-on-Tangible-Equity has ranged from 6.15 to 65.78 over the past decade. While the company's 10-year median is 20.42 vs. the industry median of 6.79, FLSmidth AS 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.79, based on 2,973 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. FLSmidth AS's current Return-on-Tangible-Equity of 200.92% is 2859.1% 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 FLSmidth AS and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FLSmidth AS's current Return-on-Tangible-Equity is 200.92%, which is 884% above median its own 10-year median of 20.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
FLSmidth AS (FLIDF) has a current Return-on-Tangible-Equity of 200.92%. The stock's GF Value™ is $44.27, compared to a current price of $78.86 — trading 78.1% above its estimated fair value. The current Return-on-Tangible-Equity is 200.92%, which is 884% above median its 10-year median of 20.42 and 2859.1% above the Industrial Products industry median of 6.79. FLSmidth AS's overall GF Score™ is 69/100 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 FLSmidth AS (FLIDF), the current Return-on-Tangible-Equity is 200.92% 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 FLSmidth AS (FLIDF) Overvalued in 2026?
Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued.
The current stock price of $78.86 is trading 78.1% above its estimated GF Value™ of $44.27.
Key valuation signals for FLIDF:
Return-on-Tangible-Equity: 200.92% (884% above median its 10-year median of 20.42)
GF Value™: $44.27 vs. price of $78.86 (78.1% above fair value)
Industry Position: 2859.1% above the Industrial Products median (#300 of 2973)
No single metric tells the full story. See the FLIDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
69GF Score
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