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CIG Shanghai CoFRA:35P 61 Return-on-Tangible-Equity is 6.88% as of Mar. 2026, which is 8% below its 10-year median of 7.45. GuruFocus rates FRA:35P with a GF Score™ of 61/100 and a GF Value™ of €3.18. The stock has 7 warning signs investors should review. Among 2,383 Hardware companies, CIG Shanghai Co ranks better than 63.58% 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. CIG Shanghai Co's annualized net income for the quarter that ended in Mar. 2026 was €473 Mil. CIG Shanghai Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €6,877 Mil. Therefore, CIG Shanghai Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.88%.
The historical rank and industry rank for CIG Shanghai Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:35P'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.7 Med: 7.45 Max: 13.97
Current: 9.23
During the past 13 years, CIG Shanghai Co's highest Return-on-Tangible-Equity was 13.97%. The lowest was -28.70%. And the median was 7.45%.
FRA:35P's Return-on-Tangible-Equity is ranked better than 63.58% of 2383
companies
in the Hardware industry
Industry Median: 5.4
vs FRA:35P: 9.23
CIG Shanghai Co (FRA:35P) 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.
CIG Shanghai Co Return-on-Tangible-Equity Related Terms
CIG Shanghai Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CIG Shanghai 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.
For the Communication Equipment subindustry, CIG Shanghai 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.
CIG Shanghai Co Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, CIG Shanghai Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CIG Shanghai 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 6.88% mean?
CIG Shanghai Co (FRA:35P) has a Return-on-Tangible-Equity of 6.88% 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 CIG Shanghai Co and its competitors. This is near median its historical median of 7.45. According to the industry distribution chart, CIG Shanghai Co ranks #868 out of 2383 companies in the Hardware industry, placing it in the top 36.4%.
Is CIG Shanghai Co's Return-on-Tangible-Equity too high?
CIG Shanghai Co's current Return-on-Tangible-Equity of 6.88% is near median its 10-year median of 7.45. The Hardware industry median Return-on-Tangible-Equity is 5.40. CIG Shanghai Co's value of 6.88% is 27.4% above this industry median. Based on the distribution chart, CIG Shanghai Co ranks #868 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, CIG Shanghai Co has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does CIG Shanghai Co's Return-on-Tangible-Equity compare to ?
According to the Hardware industry distribution chart, CIG Shanghai Co ranks #868 out of 2383 companies for Return-on-Tangible-Equity. This puts CIG Shanghai Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.40. CIG Shanghai Co's value of 6.88% is 27.4% above this benchmark. While the company's 10-year median is 7.45 vs. the industry median of 5.40, CIG Shanghai Co 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, based on 2,383 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. CIG Shanghai Co's current Return-on-Tangible-Equity of 6.88% is 27.4% 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 CIG Shanghai Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIG Shanghai Co's current Return-on-Tangible-Equity is 6.88%, which is near median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIG Shanghai Co stock overvalued right now?
CIG Shanghai Co (FRA:35P) has a current Return-on-Tangible-Equity of 6.88%. The stock's GF Value™ is €3.18, compared to a current price of €7.11 — trading 123.7% above its estimated fair value. The current Return-on-Tangible-Equity is 6.88%, which is near median its 10-year median of 7.45 and 27.4% above the Hardware industry median of 5.40. CIG Shanghai Co's overall GF Score™ is 61/100 with 7 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 CIG Shanghai Co (FRA:35P), the current Return-on-Tangible-Equity is 6.88% 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 CIG Shanghai Co (FRA:35P) Overvalued in 2026?
Based on GuruFocus' analysis, CIG Shanghai Co stock appears to be overvalued.
The current stock price of €7.11 is trading 123.7% above its estimated GF Value™ of €3.18.
Key valuation signals for FRA:35P:
Return-on-Tangible-Equity: 6.88% (near median its 10-year median of 7.45)
GF Value™: €3.18 vs. price of €7.11 (123.7% above fair value)
Industry Position: 27.4% above the Hardware median (#868 of 2383)
No single metric tells the full story. See the FRA:35P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIG Shanghai Co Ltd operates in the communications industry, and is engaged in the research and development, production, and sales of terminal equipment for telecommunications, data communication, and enterprise networks (including telecommunications broadband, wireless networks, small cells, switches, and basic hardware for industrial IoT), as well as high-speed optical module products.
61GF Score
Get the complete analysis for FRA:35P
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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