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GoGo AI NetworkFRA:4E9 +2.70%34 Return-on-Tangible-Equity is 406.80% as of May. 2026. GuruFocus rates FRA:4E9 with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,590 Asset Management companies, GoGo AI Network ranks better than 97.42% 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. GoGo AI Network's annualized net income for the quarter that ended in May. 2026 was €9.93 Mil. GoGo AI Network's average shareholder tangible equity for the quarter that ended in May. 2026 was €2.44 Mil. Therefore, GoGo AI Network's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 406.80%.
The historical rank and industry rank for GoGo AI Network's Return-on-Tangible-Equity or its related term are showing as below:
FRA:4E9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1013.85 Med: -81.75 Max: 114.2
Current: 114.2
During the past 13 years, GoGo AI Network's highest Return-on-Tangible-Equity was 114.20%. The lowest was -1,013.85%. And the median was -81.75%.
FRA:4E9's Return-on-Tangible-Equity is ranked better than 97.42% of 1590
companies
in the Asset Management industry
Industry Median: 7.475
vs FRA:4E9: 114.20
GoGo AI Network (FRA:4E9) 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.
GoGo AI Network Return-on-Tangible-Equity Related Terms
GoGo AI Network Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for GoGo AI Network'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:4E9 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, GoGo AI Network'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.
GoGo AI Network Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GoGo AI Network's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GoGo AI Network'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 406.80% mean?
GoGo AI Network (FRA:4E9) has a Return-on-Tangible-Equity of 406.80% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GoGo AI Network and its competitors. According to the industry distribution chart, GoGo AI Network ranks #41 out of 1590 companies in the Asset Management industry, placing it in the top 2.6%.
Is GoGo AI Network's Return-on-Tangible-Equity too high?
GoGo AI Network's current Return-on-Tangible-Equity is 406.80%. The Asset Management industry median Return-on-Tangible-Equity is 7.48. GoGo AI Network's value of 406.80% is 5342.1% above this industry median. Based on the distribution chart, GoGo AI Network ranks #41 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, GoGo AI Network has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does GoGo AI Network's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, GoGo AI Network ranks #41 out of 1590 companies for Return-on-Tangible-Equity. This places GoGo AI Network in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.48. GoGo AI Network's value of 406.80% is 5342.1% above this benchmark. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.48, based on 1,590 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. GoGo AI Network's current Return-on-Tangible-Equity of 406.80% is 5342.1% 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 GoGo AI Network and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoGo AI Network's current Return-on-Tangible-Equity is 406.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGo AI Network stock overvalued right now?
GoGo AI Network (FRA:4E9) has a current Return-on-Tangible-Equity of 406.80%. The current Return-on-Tangible-Equity is 406.80% and 5342.1% above the Asset Management industry median of 7.48. GoGo AI Network's overall GF Score™ is 34/100 with 1 warning sign 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 GoGo AI Network (FRA:4E9), the current Return-on-Tangible-Equity is 406.80% as of May. 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.
GoGo AI Network Inc is a capital allocator focused on investing in diversified industries, including technology, health care and artificial intelligence.
34GF Score
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