Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Xtep International HoldingsFRA:4QI -0.96%55 Return-on-Tangible-Equity is 9.17% as of Dec. 2025, which is 33% below its 10-year median of 13.70. GuruFocus rates FRA:4QI with a GF Score™ of 55/100 and a GF Value™ of €0.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Xtep International Holdings ranks better than 64.23% 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. Xtep International Holdings's annualized net income for the quarter that ended in Dec. 2025 was €111 Mil. Xtep International Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1,212 Mil. Therefore, Xtep International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.17%.
The historical rank and industry rank for Xtep International Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:4QI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.26 Med: 13.7 Max: 15.33
Current: 14.43
During the past 13 years, Xtep International Holdings's highest Return-on-Tangible-Equity was 15.33%. The lowest was 8.26%. And the median was 13.70%.
FRA:4QI's Return-on-Tangible-Equity is ranked better than 64.23% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.35
vs FRA:4QI: 14.43
Xtep International Holdings (FRA:4QI) 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.
Xtep International Holdings Return-on-Tangible-Equity Related Terms
Xtep International Holdings Return-on-Tangible-Equity Historical Data
* 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.
Xtep International Holdings Return-on-Tangible-Equity Chart
FRA:4QI vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, Xtep International 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.
Xtep International Holdings Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Xtep International Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Xtep International 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 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 9.17% mean?
Xtep International Holdings (FRA:4QI) has a Return-on-Tangible-Equity of 9.17% 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 Xtep International Holdings and its competitors. This is 33% below median its historical median of 13.70. Over the past decade, Xtep International Holdings' Return-on-Tangible-Equity has ranged from 8.26 to 15.33. According to the industry distribution chart, Xtep International Holdings ranks #381 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 35.8%.
Is Xtep International Holdings' Return-on-Tangible-Equity too high?
Xtep International Holdings' current Return-on-Tangible-Equity of 9.17% is 33% below median its 10-year median of 13.70. Over the past 10 years, this metric has ranged from a low of 8.26 to a high of 15.33. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.35. Xtep International Holdings' value of 9.17% is 9.8% above this industry median. Based on the distribution chart, Xtep International Holdings ranks #381 out of 1065 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Xtep International Holdings has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xtep International Holdings' Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Xtep International Holdings ranks #381 out of 1065 companies for Return-on-Tangible-Equity. This puts Xtep International Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.35. Xtep International Holdings' value of 9.17% is 9.8% above this benchmark. Historically, Xtep International Holdings' own Return-on-Tangible-Equity has ranged from 8.26 to 15.33 over the past decade. While the company's 10-year median is 13.70 vs. the industry median of 8.35, Xtep International Holdings 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.35, based on 1,065 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. Xtep International Holdings's current Return-on-Tangible-Equity of 9.17% is 9.8% 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 Xtep International 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. Xtep International Holdings's current Return-on-Tangible-Equity is 9.17%, which is 33% below median its own 10-year median of 13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtep International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xtep International Holdings (FRA:4QI) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.62, compared to a current price of €0.41 — trading 33.5% below its estimated fair value. The current Return-on-Tangible-Equity is 9.17%, which is 33% below median its 10-year median of 13.70 and 9.8% above the Retail - Cyclical industry median of 8.35. Xtep International Holdings' overall GF Score™ is 55/100 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 Xtep International Holdings (FRA:4QI), the current Return-on-Tangible-Equity is 9.17% 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 Xtep International Holdings (FRA:4QI) Overvalued in 2026?
Based on GuruFocus' analysis, Xtep International Holdings stock appears to be undervalued.
The current stock price of €0.41 is trading 33.5% below its estimated GF Value™ of €0.62.
GuruFocus considers Xtep International Holdings to be Significantly Undervalued.
Key valuation signals for FRA:4QI:
Return-on-Tangible-Equity: 9.17% (33% below median its 10-year median of 13.70)
GF Value™: €0.62 vs. price of €0.41 (33.5% below fair value)
Industry Position: 9.8% above the Retail - Cyclical median (#381 of 1065)
No single metric tells the full story. See the FRA:4QI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xtep International Holdings Ltd is principally engaged in the design, development, manufacturing, sales, marketing and brand management of sports products including footwear, apparel and accessories for adults and children. With its core Xtep brand, as well as Saucony and Merrell under its diversified brand portfolio, and professional sports segments through an extensive distribution network of more than 8,100 stores. It has two reportable operating segments from continuing operations as follows: (a) mass market segment, including signature brand, Xtep; and (b) professional sports segment, including signature brands, Saucony and Merrell.
55GF Score
Get the complete analysis for FRA:4QI
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
FRA:4QI has been successfully added to your 
