RedoxFRA:AE0 +0.95%79 Return-on-Tangible-Equity is 16.83% as of Dec. 2025, which is 36% below its 10-year median of 26.43. GuruFocus rates FRA:AE0 with a GF Score™ of 79/100 and a GF Value™ of €1.82. The stock has 5 warning signs investors should review. Among 1,567 Chemicals companies, Redox ranks better than 83.6% 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. Redox's annualized net income for the quarter that ended in Dec. 2025 was €49.7 Mil. Redox's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €295.4 Mil. Therefore, Redox's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.83%.
The historical rank and industry rank for Redox's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AE0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.7 Med: 26.43 Max: 42.32
Current: 15.41
During the past 6 years, Redox's highest Return-on-Tangible-Equity was 42.32%. The lowest was 14.70%. And the median was 26.43%.
FRA:AE0's Return-on-Tangible-Equity is ranked better than 83.6% of 1567
companies
in the Chemicals industry
Industry Median: 5.7
vs FRA:AE0: 15.41
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.
Redox Return-on-Tangible-Equity Related Terms
Redox Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Redox'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:AE0 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Redox'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.
Redox Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Redox's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Redox'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 16.83% mean?
Redox (FRA:AE0) has a Return-on-Tangible-Equity of 16.83% 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 Redox and its competitors. This is 36% below median its historical median of 26.43. Over the past decade, Redox's Return-on-Tangible-Equity has ranged from 14.70 to 42.32. According to the industry distribution chart, Redox ranks #257 out of 1567 companies in the Chemicals industry, placing it in the top 16.4%.
Is Redox's Return-on-Tangible-Equity too high?
Redox's current Return-on-Tangible-Equity of 16.83% is 36% below median its 10-year median of 26.43. Over the past 10 years, this metric has ranged from a low of 14.70 to a high of 42.32. The Chemicals industry median Return-on-Tangible-Equity is 5.70. Redox's value of 16.83% is 195.3% above this industry median. Based on the distribution chart, Redox ranks #257 out of 1567 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Redox has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Redox's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Redox ranks #257 out of 1567 companies for Return-on-Tangible-Equity. This places Redox in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.70. Redox's value of 16.83% is 195.3% above this benchmark. Historically, Redox's own Return-on-Tangible-Equity has ranged from 14.70 to 42.32 over the past decade. While the company's 10-year median is 26.43 vs. the industry median of 5.70, Redox 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,567 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. Redox's current Return-on-Tangible-Equity of 16.83% is 195.3% 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 Redox and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redox's current Return-on-Tangible-Equity is 16.83%, which is 36% below median its own 10-year median of 26.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redox stock overvalued right now?
Redox (FRA:AE0) has a current Return-on-Tangible-Equity of 16.83%. The stock's GF Value™ is €1.82, compared to a current price of €2.12 — trading 16.5% above its estimated fair value. The current Return-on-Tangible-Equity is 16.83%, which is 36% below median its 10-year median of 26.43 and 195.3% above the Chemicals industry median of 5.70. Redox's overall GF Score™ is 79/100 with 5 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 Redox (FRA:AE0), the current Return-on-Tangible-Equity is 16.83% 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 Redox (FRA:AE0) Overvalued in 2026?
Based on GuruFocus' analysis, Redox stock appears to be overvalued.
The current stock price of €2.12 is trading 16.5% above its estimated GF Value™ of €1.82.
Key valuation signals for FRA:AE0:
Return-on-Tangible-Equity: 16.83% (36% below median its 10-year median of 26.43)
GF Value™: €1.82 vs. price of €2.12 (16.5% above fair value)
Industry Position: 195.3% above the Chemicals median (#257 of 1567)
No single metric tells the full story. See the FRA:AE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redox is a distributor of chemicals for a diverse range of industries within Australia and New Zealand, North America, and Southeast Asia. It is the largest player in the Australian market, with approximately 5% market share in a very fragmented market. In Southeast Asia and the US it is a smaller player, but with growth ambitions. Redox sources over 5,000 stock keeping units from about 1,000 domestic and global chemical producers. Its customers are from a diverse range of more than 200 industry subsectors. About half of annual sales are in the categories of human and animal health, nutrition, food, and crop production and protection. Other categories include industrial, surface coatings, plastics, rubber and foam, household and personal care, water care, and mining and explosives.
79GF Score
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