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Spackman Equities GroupFRA:6QH 41 Return-on-Tangible-Equity is 16.62% as of Mar. 2026. GuruFocus rates FRA:6QH with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 1,591 Asset Management companies, Spackman Equities Group ranks better than 66.06% 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. Spackman Equities Group's annualized net income for the quarter that ended in Mar. 2026 was €1.00 Mil. Spackman Equities Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €6.04 Mil. Therefore, Spackman Equities Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.62%.
The historical rank and industry rank for Spackman Equities Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:6QH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -158.22 Med: -56.23 Max: 68.38
Current: 12.87
During the past 13 years, Spackman Equities Group's highest Return-on-Tangible-Equity was 68.38%. The lowest was -158.22%. And the median was -56.23%.
FRA:6QH's Return-on-Tangible-Equity is ranked better than 66.06% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs FRA:6QH: 12.87
Spackman Equities Group (FRA:6QH) 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.
Spackman Equities Group Return-on-Tangible-Equity Related Terms
Spackman Equities Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spackman Equities Group'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.
Spackman Equities Group Return-on-Tangible-Equity Chart
FRA:6QH vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Spackman Equities Group'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.
Spackman Equities Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Spackman Equities Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spackman Equities Group'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 16.62% mean?
Spackman Equities Group (FRA:6QH) has a Return-on-Tangible-Equity of 16.62% 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 Spackman Equities Group and its competitors. According to the industry distribution chart, Spackman Equities Group ranks #540 out of 1591 companies in the Asset Management industry, placing it in the top 33.9%.
Is Spackman Equities Group's Return-on-Tangible-Equity too high?
Spackman Equities Group's current Return-on-Tangible-Equity is 16.62%. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Spackman Equities Group's value of 16.62% is 130.5% above this industry median. Based on the distribution chart, Spackman Equities Group ranks #540 out of 1591 companies in the Asset Management industry, which is above the industry midpoint. Overall, Spackman Equities Group has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Spackman Equities Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Spackman Equities Group ranks #540 out of 1591 companies for Return-on-Tangible-Equity. This puts Spackman Equities Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Spackman Equities Group's value of 16.62% is 130.5% 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 7.21, based on 1,591 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. Spackman Equities Group's current Return-on-Tangible-Equity of 16.62% is 130.5% 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 Spackman Equities Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spackman Equities Group's current Return-on-Tangible-Equity is 16.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spackman Equities Group stock overvalued right now?
Spackman Equities Group (FRA:6QH) has a current Return-on-Tangible-Equity of 16.62%. The current Return-on-Tangible-Equity is 16.62% and 130.5% above the Asset Management industry median of 7.21. Spackman Equities Group's overall GF Score™ is 41/100 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 Spackman Equities Group (FRA:6QH), the current Return-on-Tangible-Equity is 16.62% 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.
Spackman Equities Group Inc is engaged in the business of identifying and investing in or acquiring small/medium-sized growth companies. The company focuses on investing in acquiring growth companies in Asia, principally in the Republic of Korea. The activities of the company includes investment holding, talent management agency services, developing, producing, and investing in entertainment content projects.
41GF Score
Get the complete analysis for FRA:6QH
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