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Tri Chemical LaboratoriesFRA:22E -6.67%93 Return-on-Tangible-Equity is 20.30% as of Apr. 2026, which is 10% below its 10-year median of 22.53. GuruFocus rates FRA:22E with a GF Score™ of 93/100 and a GF Value™ of €26.87 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,570 Chemicals companies, Tri Chemical Laboratories ranks better than 86.82% 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. Tri Chemical Laboratories's annualized net income for the quarter that ended in Apr. 2026 was €39.9 Mil. Tri Chemical Laboratories's average shareholder tangible equity for the quarter that ended in Apr. 2026 was €196.5 Mil. Therefore, Tri Chemical Laboratories's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 20.30%.
The historical rank and industry rank for Tri Chemical Laboratories's Return-on-Tangible-Equity or its related term are showing as below:
FRA:22E'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.29 Med: 22.53 Max: 37.79
Current: 17.96
During the past 13 years, Tri Chemical Laboratories's highest Return-on-Tangible-Equity was 37.79%. The lowest was 9.29%. And the median was 22.53%.
FRA:22E's Return-on-Tangible-Equity is ranked better than 86.82% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs FRA:22E: 17.96
Tri Chemical Laboratories (FRA:22E) 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.
Tri Chemical Laboratories Return-on-Tangible-Equity Related Terms
Tri Chemical Laboratories Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tri Chemical Laboratories'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.
Tri Chemical Laboratories Return-on-Tangible-Equity Chart
FRA:22E vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.
Tri Chemical Laboratories Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tri Chemical Laboratories'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.30% mean?
Tri Chemical Laboratories (FRA:22E) has a Return-on-Tangible-Equity of 20.30% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tri Chemical Laboratories and its competitors. This is 10% below median its historical median of 22.53. Over the past decade, Tri Chemical Laboratories' Return-on-Tangible-Equity has ranged from 9.29 to 37.79. According to the industry distribution chart, Tri Chemical Laboratories ranks #207 out of 1570 companies in the Chemicals industry, placing it in the top 13.2%.
Is Tri Chemical Laboratories' Return-on-Tangible-Equity too high?
Tri Chemical Laboratories' current Return-on-Tangible-Equity of 20.30% is 10% below median its 10-year median of 22.53. Over the past 10 years, this metric has ranged from a low of 9.29 to a high of 37.79. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Tri Chemical Laboratories' value of 20.30% is 251.8% above this industry median. Based on the distribution chart, Tri Chemical Laboratories ranks #207 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tri Chemical Laboratories has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tri Chemical Laboratories ranks #207 out of 1570 companies for Return-on-Tangible-Equity. This places Tri Chemical Laboratories in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Tri Chemical Laboratories' value of 20.30% is 251.8% above this benchmark. Historically, Tri Chemical Laboratories' own Return-on-Tangible-Equity has ranged from 9.29 to 37.79 over the past decade. While the company's 10-year median is 22.53 vs. the industry median of 5.77, Tri Chemical Laboratories 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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. Tri Chemical Laboratories's current Return-on-Tangible-Equity of 20.30% is 251.8% 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 Tri Chemical Laboratories and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri Chemical Laboratories's current Return-on-Tangible-Equity is 20.30%, which is 10% below median its own 10-year median of 22.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (FRA:22E) is currently considered Significantly Undervalued. The stock's GF Value™ is €26.87, compared to a current price of €16.80 — trading 37.5% below its estimated fair value. The current Return-on-Tangible-Equity is 20.30%, which is 10% below median its 10-year median of 22.53 and 251.8% above the Chemicals industry median of 5.77. Tri Chemical Laboratories' overall GF Score™ is 93/100 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 Tri Chemical Laboratories (FRA:22E), the current Return-on-Tangible-Equity is 20.30% as of Apr. 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 Tri Chemical Laboratories (FRA:22E) Overvalued in 2026?
Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued.
The current stock price of €16.80 is trading 37.5% below its estimated GF Value™ of €26.87.
GuruFocus considers Tri Chemical Laboratories to be Significantly Undervalued.
Key valuation signals for FRA:22E:
Return-on-Tangible-Equity: 20.30% (10% below median its 10-year median of 22.53)
GF Value™: €26.87 vs. price of €16.80 (37.5% below fair value)
Industry Position: 251.8% above the Chemicals median (#207 of 1570)
No single metric tells the full story. See the FRA:22E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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