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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. Tile Shop Holdings's annualized net income for the quarter that ended in Dec. 2025 was €-11.8 Mil. Tile Shop Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €89.5 Mil. Therefore, Tile Shop Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -13.15%.
The historical rank and industry rank for Tile Shop Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:2TS0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.28 Med: 7.43 Max: 14.53
Current: -3.88
During the past 13 years, Tile Shop Holdings's highest Return-on-Tangible-Equity was 14.53%. The lowest was -4.28%. And the median was 7.43%.
FRA:2TS0's Return-on-Tangible-Equity is ranked worse than 81.63% of 1067
companies
in the Retail - Cyclical industry
Industry Median: 8.35
vs FRA:2TS0: -3.88
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.
Tile Shop Holdings Return-on-Tangible-Equity Related Terms
Tile Shop Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tile Shop Holdings'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.
FRA:2TS0 vs LIVE, HVT, HD: Return-on-Tangible-Equity Comparison
For the Home Improvement Retail subindustry, Tile Shop Holdings'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.
Tile Shop Holdings Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tile Shop Holdings'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 (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 -13.15% mean?
Tile Shop Holdings (FRA:2TS0) has a Return-on-Tangible-Equity of -13.15% 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 Tile Shop Holdings and its competitors. According to the industry distribution chart, Tile Shop Holdings ranks #871 out of 1067 companies in the Retail - Cyclical industry, placing it in the top 81.6%.
Is Tile Shop Holdings' Return-on-Tangible-Equity too high?
Tile Shop Holdings' current Return-on-Tangible-Equity is -13.15%. Based on the distribution chart, Tile Shop Holdings ranks #871 out of 1067 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tile Shop Holdings has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Return-on-Tangible-Equity compare to LIVE and HVT?
According to the Retail - Cyclical industry distribution chart, Tile Shop Holdings ranks #871 out of 1067 companies for Return-on-Tangible-Equity. This places Tile Shop Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.35. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.35, based on 1,067 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 Tile Shop Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tile Shop Holdings's current Return-on-Tangible-Equity is -13.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Tile Shop Holdings (FRA:2TS0) has a current Return-on-Tangible-Equity of -13.15%. The stock's GF Value™ is €5.91, compared to a current price of €2.93 — trading 50.5% below its estimated fair value. The current Return-on-Tangible-Equity is -13.15%. Tile Shop Holdings' overall GF Score™ is 54/100 with 5 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 Tile Shop Holdings (FRA:2TS0), the current Return-on-Tangible-Equity is -13.15% 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 Tile Shop Holdings (FRA:2TS0) Overvalued in 2026?
Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued.
The current stock price of €2.93 is trading 50.5% below its estimated GF Value™ of €5.91.
Key valuation signals for FRA:2TS0:
Return-on-Tangible-Equity: -13.15%
GF Value™: €5.91 vs. price of €2.93 (50.5% below fair value)
No single metric tells the full story. See the FRA:2TS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
54GF Score
Get the complete analysis for FRA:2TS0
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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