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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. WindowMaster International AS's annualized net income for the quarter that ended in Dec. 2025 was €2.51 Mil. WindowMaster International AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1.61 Mil. Therefore, WindowMaster International AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 155.69%.
The historical rank and industry rank for WindowMaster International AS's Return-on-Tangible-Equity or its related term are showing as below:
FRA:9FF0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -237.65 Med: -9.82 Max: 90.04
Current: 5.89
During the past 8 years, WindowMaster International AS's highest Return-on-Tangible-Equity was 90.04%. The lowest was -237.65%. And the median was -9.82%.
FRA:9FF0's Return-on-Tangible-Equity is ranked worse than 57.77% of 1712
companies
in the Construction industry
Industry Median: 8.21
vs FRA:9FF0: 5.89
WindowMaster International AS (FRA:9FF0) 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.
WindowMaster International AS Return-on-Tangible-Equity Related Terms
WindowMaster International AS 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.
WindowMaster International AS Return-on-Tangible-Equity Chart
FRA:9FF0 vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, WindowMaster International AS'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.
WindowMaster International AS Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, WindowMaster International AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WindowMaster International AS'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 155.69% mean?
WindowMaster International AS (FRA:9FF0) has a Return-on-Tangible-Equity of 155.69% 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 WindowMaster International AS and its competitors. According to the industry distribution chart, WindowMaster International AS ranks #989 out of 1712 companies in the Construction industry, placing it in the top 57.8%.
Is WindowMaster International AS's Return-on-Tangible-Equity too high?
WindowMaster International AS's current Return-on-Tangible-Equity is 155.69%. The Construction industry median Return-on-Tangible-Equity is 8.21. WindowMaster International AS's value of 155.69% is 1796.3% above this industry median. Based on the distribution chart, WindowMaster International AS ranks #989 out of 1712 companies in the Construction industry, which is below the industry midpoint. Overall, WindowMaster International AS has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WindowMaster International AS's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, WindowMaster International AS ranks #989 out of 1712 companies for Return-on-Tangible-Equity. This places WindowMaster International AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. WindowMaster International AS's value of 155.69% is 1796.3% 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 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. WindowMaster International AS's current Return-on-Tangible-Equity of 155.69% is 1796.3% 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 WindowMaster International AS and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WindowMaster International AS's current Return-on-Tangible-Equity is 155.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WindowMaster International AS stock overvalued right now?
Based on GuruFocus' analysis, WindowMaster International AS (FRA:9FF0) is currently considered Modestly Overvalued. The stock's GF Value™ is €89.79, compared to a current price of €115.00 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Equity is 155.69% and 1796.3% above the Construction industry median of 8.21. WindowMaster International AS's overall GF Score™ is 66/100 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 WindowMaster International AS (FRA:9FF0), the current Return-on-Tangible-Equity is 155.69% 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 WindowMaster International AS (FRA:9FF0) Overvalued in 2026?
Based on GuruFocus' analysis, WindowMaster International AS stock appears to be overvalued.
The current stock price of €115.00 is trading 28.1% above its estimated GF Value™ of €89.79.
GuruFocus considers WindowMaster International AS to be Modestly Overvalued.
Key valuation signals for FRA:9FF0:
Return-on-Tangible-Equity: 155.69%
GF Value™: €89.79 vs. price of €115.00 (28.1% above fair value)
Industry Position: 1796.3% above the Construction median (#989 of 1712)
No single metric tells the full story. See the FRA:9FF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WindowMaster International AS Business Description
WindowMaster International AS is a Danish cleantech company that provides intelligent natural ventilation solutions and heat and smoke ventilation solutions for commercial use. The company delivers both hardware (window actuators, sensors, and control panels) as well as the software required for every element of the natural ventilation solution to interact intelligently and flexibly. Its products include Actuators and Accessories, Controllers; Sensors and Detectors Accessories; and Spare parts. The group serves five segments: Nordic, DACH, UK & Ireland, North America, and international. It derives maximum revenue from DACH.
66GF Score
Get the complete analysis for FRA:9FF0
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