Top Glove BhdFRA:5OU +3.00%43 Return-on-Tangible-Equity is 8.27% as of May. 2026, which is 58% below its 10-year median of 19.74. GuruFocus rates FRA:5OU with a GF Score™ of 43/100 and a GF Value™ of €0.90 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 759 Medical Devices & Instruments companies, Top Glove Bhd ranks better than 51.91% 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. Top Glove Bhd's annualized net income for the quarter that ended in May. 2026 was €70.2 Mil. Top Glove Bhd's average shareholder tangible equity for the quarter that ended in May. 2026 was €848.8 Mil. Therefore, Top Glove Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 8.27%.
The historical rank and industry rank for Top Glove Bhd's Return-on-Tangible-Equity or its related term are showing as below:
FRA:5OU'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.31 Med: 19.74 Max: 137.22
Current: 4.85
During the past 13 years, Top Glove Bhd's highest Return-on-Tangible-Equity was 137.22%. The lowest was -16.31%. And the median was 19.74%.
FRA:5OU's Return-on-Tangible-Equity is ranked better than 51.91% of 759
companies
in the Medical Devices & Instruments industry
Industry Median: 4.07
vs FRA:5OU: 4.85
Top Glove Bhd (FRA:5OU) 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.
Top Glove Bhd Return-on-Tangible-Equity Related Terms
Top Glove Bhd Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Top Glove Bhd'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:5OU vs ISRG, BDX, MDLN: Return-on-Tangible-Equity Comparison
For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.
Top Glove Bhd Return-on-Tangible-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Top Glove Bhd'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 8.27% mean?
Top Glove Bhd (FRA:5OU) has a Return-on-Tangible-Equity of 8.27% 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 Top Glove Bhd and its competitors. This is 58% below median its historical median of 19.74. According to the industry distribution chart, Top Glove Bhd ranks #365 out of 759 companies in the Medical Devices & Instruments industry, placing it in the top 48.1%.
Is Top Glove Bhd's Return-on-Tangible-Equity too high?
Top Glove Bhd's current Return-on-Tangible-Equity of 8.27% is 58% below median its 10-year median of 19.74. The Medical Devices & Instruments industry median Return-on-Tangible-Equity is 4.07. Top Glove Bhd's value of 8.27% is 103.2% above this industry median. Based on the distribution chart, Top Glove Bhd ranks #365 out of 759 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Top Glove Bhd has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's Return-on-Tangible-Equity compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #365 out of 759 companies for Return-on-Tangible-Equity. This puts Top Glove Bhd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.07. Top Glove Bhd's value of 8.27% is 103.2% above this benchmark. While the company's 10-year median is 19.74 vs. the industry median of 4.07, Top Glove Bhd 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Equity among Medical Devices & Instruments companies is 4.07, based on 759 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. Top Glove Bhd's current Return-on-Tangible-Equity of 8.27% is 103.2% 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 Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Equity is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current Return-on-Tangible-Equity is 8.27%, which is 58% below median its own 10-year median of 19.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (FRA:5OU) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.90, compared to a current price of €0.52 — trading 42.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.27%, which is 58% below median its 10-year median of 19.74 and 103.2% above the Medical Devices & Instruments industry median of 4.07. Top Glove Bhd's overall GF Score™ is 43/100 with 3 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 Top Glove Bhd (FRA:5OU), the current Return-on-Tangible-Equity is 8.27% 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.
Is Top Glove Bhd (FRA:5OU) Overvalued in 2026?
Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued.
The current stock price of €0.52 is trading 42.8% below its estimated GF Value™ of €0.90.
GuruFocus considers Top Glove Bhd to be Significantly Undervalued.
Key valuation signals for FRA:5OU:
Return-on-Tangible-Equity: 8.27% (58% below median its 10-year median of 19.74)
GF Value™: €0.90 vs. price of €0.52 (42.8% below fair value)
Industry Position: 103.2% above the Medical Devices & Instruments median (#365 of 759)
No single metric tells the full story. See the FRA:5OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
43GF Score
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