MIRAIT OneFRA:5FO -1.98%81 Return-on-Tangible-Equity is 24.71% as of Mar. 2026, which is 163% above its 10-year median of 9.40. GuruFocus rates FRA:5FO with a GF Score™ of 81/100 and a GF Value™ of €13.59. The stock has 4 warning signs investors should review. Among 1,706 Construction companies, MIRAIT One ranks better than 63.48% 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. MIRAIT One's annualized net income for the quarter that ended in Mar. 2026 was €266 Mil. MIRAIT One's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1,075 Mil. Therefore, MIRAIT One's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.71%.
The historical rank and industry rank for MIRAIT One's Return-on-Tangible-Equity or its related term are showing as below:
FRA:5FO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.41 Med: 9.4 Max: 16.06
Current: 12.37
During the past 13 years, MIRAIT One's highest Return-on-Tangible-Equity was 16.06%. The lowest was 5.41%. And the median was 9.40%.
FRA:5FO's Return-on-Tangible-Equity is ranked better than 63.48% of 1706
companies
in the Construction industry
Industry Median: 8.235
vs FRA:5FO: 12.37
MIRAIT One (FRA:5FO) 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.
MIRAIT One Return-on-Tangible-Equity Related Terms
MIRAIT One Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MIRAIT One'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:5FO vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, MIRAIT One'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.
MIRAIT One Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, MIRAIT One's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MIRAIT One'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 24.71% mean?
MIRAIT One (FRA:5FO) has a Return-on-Tangible-Equity of 24.71% 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 MIRAIT One and its competitors. This is 163% above median its historical median of 9.40. Over the past decade, MIRAIT One's Return-on-Tangible-Equity has ranged from 5.41 to 16.06. According to the industry distribution chart, MIRAIT One ranks #623 out of 1706 companies in the Construction industry, placing it in the top 36.5%.
Is MIRAIT One's Return-on-Tangible-Equity too high?
MIRAIT One's current Return-on-Tangible-Equity of 24.71% is 163% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 5.41 to a high of 16.06. The Construction industry median Return-on-Tangible-Equity is 8.24. MIRAIT One's value of 24.71% is 200.1% above this industry median. Based on the distribution chart, MIRAIT One ranks #623 out of 1706 companies in the Construction industry, which is above the industry midpoint. Overall, MIRAIT One has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does MIRAIT One's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, MIRAIT One ranks #623 out of 1706 companies for Return-on-Tangible-Equity. This puts MIRAIT One in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.24. MIRAIT One's value of 24.71% is 200.1% above this benchmark. Historically, MIRAIT One's own Return-on-Tangible-Equity has ranged from 5.41 to 16.06 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 8.24, MIRAIT One 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,706 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. MIRAIT One's current Return-on-Tangible-Equity of 24.71% is 200.1% 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 MIRAIT One and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRAIT One's current Return-on-Tangible-Equity is 24.71%, which is 163% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRAIT One stock overvalued right now?
MIRAIT One (FRA:5FO) has a current Return-on-Tangible-Equity of 24.71%. The stock's GF Value™ is €13.59, compared to a current price of €19.80 — trading 45.7% above its estimated fair value. The current Return-on-Tangible-Equity is 24.71%, which is 163% above median its 10-year median of 9.40 and 200.1% above the Construction industry median of 8.24. MIRAIT One's overall GF Score™ is 81/100 with 4 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 MIRAIT One (FRA:5FO), the current Return-on-Tangible-Equity is 24.71% 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 MIRAIT One (FRA:5FO) Overvalued in 2026?
Based on GuruFocus' analysis, MIRAIT One stock appears to be overvalued.
The current stock price of €19.80 is trading 45.7% above its estimated GF Value™ of €13.59.
Key valuation signals for FRA:5FO:
Return-on-Tangible-Equity: 24.71% (163% above median its 10-year median of 9.40)
GF Value™: €13.59 vs. price of €19.80 (45.7% above fair value)
Industry Position: 200.1% above the Construction median (#623 of 1706)
No single metric tells the full story. See the FRA:5FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIRAIT One Corp is engaged in building and maintaining various social infrastructures including communication infrastructures. It is also involved in projects that contribute to local town and community development, as well as corporate DX and GX. It also engages in the construction and sales of solar power generation facilities; provides high-quality software and DX through virtualization; construction of broadband networks and ICT systems among others.
81GF Score
Get the complete analysis for FRA:5FO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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