Voyageurs du Monde (FRA:8Z4) Return-on-Tangible-Equity: 93.45% (As of Dec. 2025) — 94% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:8Z4 Voyageurs du Monde SA FRA:8Z4
87 GF Score
Price €175.50
GF Value €161.10
! 4 Warning Signs
View Full Analysis

What is Voyageurs du Monde Return-on-Tangible-Equity?

Voyageurs du Monde FRA:8Z4 -0.57% 87 Return-on-Tangible-Equity is 93.45% as of Dec. 2025, which is 94% above its 10-year median of 48.21. GuruFocus rates FRA:8Z4 with a GF Score™ of 87/100 and a GF Value™ of €161.10. The stock has 4 warning signs investors should review. Among 794 Travel & Leisure companies, Voyageurs du Monde ranks better than 85.89% 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. Voyageurs du Monde's annualized net income for the quarter that ended in Dec. 2025 was €85.4 Mil. Voyageurs du Monde's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €91.4 Mil. Therefore, Voyageurs du Monde's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 93.45%.

The historical rank and industry rank for Voyageurs du Monde's Return-on-Tangible-Equity or its related term are showing as below:

FRA:8Z4' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.24   Med: 48.21   Max: 83.71
Current: 77.09

During the past 13 years, Voyageurs du Monde's highest Return-on-Tangible-Equity was 83.71%. The lowest was -28.24%. And the median was 48.21%.

FRA:8Z4's Return-on-Tangible-Equity is ranked better than
85.89% of 794 companies
in the Travel & Leisure industry
Industry Median: 7.7 vs FRA:8Z4: 77.09

Voyageurs du Monde  (FRA:8Z4) 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.


Voyageurs du Monde Return-on-Tangible-Equity Related Terms


Voyageurs du Monde Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Voyageurs du Monde'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.

Voyageurs du Monde Return-on-Tangible-Equity Chart

Voyageurs du Monde Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 60.84 54.97 83.71 83.31

Voyageurs du Monde Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.39 10.26 150.01 29.43 93.45

FRA:8Z4 vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Voyageurs du Monde'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.


Voyageurs du Monde Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Voyageurs du Monde's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Voyageurs du Monde's Return-on-Tangible-Equity falls into.


FRA:8Z4
87GF Score
Voyageurs du Monde SA FRA:8Z4
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voyageurs du Monde Return-on-Tangible-Equity Calculation

Voyageurs du Monde's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=48.437/( (5.714+110.565 )/ 2 )
=48.437/58.1395
=83.31 %

Voyageurs du Monde's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=85.408/( (72.218+110.565)/ 2 )
=85.408/91.3915
=93.45 %

* 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 93.45% mean?
Voyageurs du Monde (FRA:8Z4) has a Return-on-Tangible-Equity of 93.45% 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 Voyageurs du Monde and its competitors. This is 94% above median its historical median of 48.21. According to the industry distribution chart, Voyageurs du Monde ranks #112 out of 794 companies in the Travel & Leisure industry, placing it in the top 14.1%.
Is Voyageurs du Monde's Return-on-Tangible-Equity too high?
Voyageurs du Monde's current Return-on-Tangible-Equity of 93.45% is 94% above median its 10-year median of 48.21. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.70. Voyageurs du Monde's value of 93.45% is 1113.6% above this industry median. Based on the distribution chart, Voyageurs du Monde ranks #112 out of 794 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Voyageurs du Monde has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Voyageurs du Monde's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Voyageurs du Monde ranks #112 out of 794 companies for Return-on-Tangible-Equity. This places Voyageurs du Monde in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.70. Voyageurs du Monde's value of 93.45% is 1113.6% above this benchmark. While the company's 10-year median is 48.21 vs. the industry median of 7.70, Voyageurs du Monde 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.70, based on 794 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. Voyageurs du Monde's current Return-on-Tangible-Equity of 93.45% is 1113.6% 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 Voyageurs du Monde and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyageurs du Monde's current Return-on-Tangible-Equity is 93.45%, which is 94% above median its own 10-year median of 48.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyageurs du Monde stock overvalued right now?
Voyageurs du Monde (FRA:8Z4) has a current Return-on-Tangible-Equity of 93.45%. The stock's GF Value™ is €161.10, compared to a current price of €175.50 — trading 8.9% above its estimated fair value. The current Return-on-Tangible-Equity is 93.45%, which is 94% above median its 10-year median of 48.21 and 1113.6% above the Travel & Leisure industry median of 7.70. Voyageurs du Monde's overall GF Score™ is 87/100 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 Voyageurs du Monde (FRA:8Z4), the current Return-on-Tangible-Equity is 93.45% 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 Voyageurs du Monde (FRA:8Z4) Overvalued in 2026?

Based on GuruFocus' analysis, Voyageurs du Monde stock appears to be overvalued. The current stock price of €175.50 is trading 8.9% above its estimated GF Value™ of €161.10.

Key valuation signals for FRA:8Z4:

  • Return-on-Tangible-Equity: 93.45% (94% above median its 10-year median of 48.21)
  • GF Value™: €161.10 vs. price of €175.50 (8.9% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 1113.6% above the Travel & Leisure median (#112 of 794)

No single metric tells the full story. See the FRA:8Z4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voyageurs du Monde Business Description

Other Exchanges ALVDM:France8Z4:Germany
Address 55 rue Sainte Anne, Paris, FRA, 75002
Voyageurs du Monde SA is engaged in providing travel services in France and internationally. It organizes individual personalized trips, honeymoons, family holidays, romantic weekend trips, world, and guided tours, cruise tours, and adventure and diving trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece among other destinations.
87GF Score

Get the complete analysis for FRA:8Z4

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€175.50
Price
€161.10
GF Value