Flow TradersFLTLF 53 Return-on-Tangible-Equity is 11.05% as of Dec. 2025, which is 50% below its 10-year median of 21.93. GuruFocus rates FLTLF with a GF Score™ of 53/100 and a GF Value™ of $28.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 783 Capital Markets companies, Flow Traders ranks better than 72.03% 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. Flow Traders's annualized net income for the quarter that ended in Dec. 2025 was $107.8 Mil. Flow Traders's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $975.6 Mil. Therefore, Flow Traders's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.05%.
The historical rank and industry rank for Flow Traders's Return-on-Tangible-Equity or its related term are showing as below:
FLTLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.09 Med: 21.93 Max: 101.17
Current: 16.4
During the past 13 years, Flow Traders's highest Return-on-Tangible-Equity was 101.17%. The lowest was 6.09%. And the median was 21.93%.
FLTLF's Return-on-Tangible-Equity is ranked better than 72.03% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs FLTLF: 16.40
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.
Flow Traders Return-on-Tangible-Equity Related Terms
Flow Traders Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Flow Traders'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.
FLTLF vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Flow Traders'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.
Flow Traders Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Flow Traders's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Flow Traders'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 11.05% mean?
Flow Traders (FLTLF) has a Return-on-Tangible-Equity of 11.05% 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 Flow Traders and its competitors. This is 50% below median its historical median of 21.93. Over the past decade, Flow Traders' Return-on-Tangible-Equity has ranged from 6.09 to 101.17. According to the industry distribution chart, Flow Traders ranks #219 out of 783 companies in the Capital Markets industry, placing it in the top 28%.
Is Flow Traders' Return-on-Tangible-Equity too high?
Flow Traders' current Return-on-Tangible-Equity of 11.05% is 50% below median its 10-year median of 21.93. Over the past 10 years, this metric has ranged from a low of 6.09 to a high of 101.17. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Flow Traders' value of 11.05% is 71.3% above this industry median. Based on the distribution chart, Flow Traders ranks #219 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Flow Traders has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flow Traders' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Flow Traders ranks #219 out of 783 companies for Return-on-Tangible-Equity. This puts Flow Traders in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.45. Flow Traders' value of 11.05% is 71.3% above this benchmark. Historically, Flow Traders' own Return-on-Tangible-Equity has ranged from 6.09 to 101.17 over the past decade. While the company's 10-year median is 21.93 vs. the industry median of 6.45, Flow Traders 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Flow Traders's current Return-on-Tangible-Equity of 11.05% is 71.3% 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 Flow Traders and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flow Traders's current Return-on-Tangible-Equity is 11.05%, which is 50% below median its own 10-year median of 21.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flow Traders stock overvalued right now?
Based on GuruFocus' analysis, Flow Traders (FLTLF) is currently considered Fairly Valued. The stock's GF Value™ is $28.54, compared to a current price of $29.45 — trading 3.2% above its estimated fair value. The current Return-on-Tangible-Equity is 11.05%, which is 50% below median its 10-year median of 21.93 and 71.3% above the Capital Markets industry median of 6.45. Flow Traders' overall GF Score™ is 53/100 with 3 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 Flow Traders (FLTLF), the current Return-on-Tangible-Equity is 11.05% 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 Flow Traders (FLTLF) Overvalued in 2026?
Based on GuruFocus' analysis, Flow Traders stock appears to be overvalued.
The current stock price of $29.45 is trading 3.2% above its estimated GF Value™ of $28.54.
GuruFocus considers Flow Traders to be Fairly Valued.
Key valuation signals for FLTLF:
Return-on-Tangible-Equity: 11.05% (50% below median its 10-year median of 21.93)
GF Value™: $28.54 vs. price of $29.45 (3.2% above fair value)
Industry Position: 71.3% above the Capital Markets median (#219 of 783)
No single metric tells the full story. See the FLTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flow Traders Ltd is a financial technology company operating in the financial markets, using its proprietary technology platform to provide liquidity by quoting bid and ask prices in financial products. It ensures the provision of liquidity to support the uninterrupted functioning of financial markets. The company's core trading focus is on exchange-traded products (ETPs), enabling investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances and also has expanded into fixed income, commodities, digital assets, and foreign exchange. The company's reportable segments are; Europe which generates key revenue, the Americas, and Asia.
53GF Score
Get the complete analysis for FLTLF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FLTLF has been successfully added to your 
