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Allegiant Travel CoFRA:AGH -3.67%84 Return-on-Tangible-Equity is 15.91% as of Mar. 2026, which is 27% above its 10-year median of 12.51. GuruFocus rates FRA:AGH with a GF Score™ of 84/100 and a GF Value™ of €78.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 979 Transportation companies, Allegiant Travel Co ranks worse than 86.52% 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. Allegiant Travel Co's annualized net income for the quarter that ended in Mar. 2026 was €147 Mil. Allegiant Travel Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €924 Mil. Therefore, Allegiant Travel Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.91%.
The historical rank and industry rank for Allegiant Travel Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AGH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.26 Med: 12.51 Max: 53.63
Current: -3.22
During the past 13 years, Allegiant Travel Co's highest Return-on-Tangible-Equity was 53.63%. The lowest was -23.26%. And the median was 12.51%.
FRA:AGH's Return-on-Tangible-Equity is ranked worse than 86.52% of 979
companies
in the Transportation industry
Industry Median: 8.98
vs FRA:AGH: -3.22
Allegiant Travel Co (FRA:AGH) 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.
Allegiant Travel Co Return-on-Tangible-Equity Related Terms
Allegiant Travel Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Allegiant Travel Co'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.
Allegiant Travel Co Return-on-Tangible-Equity Chart
FRA:AGH vs SKYW, JBLU, ULCC: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, Allegiant Travel Co'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.
Allegiant Travel Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Allegiant Travel Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Allegiant Travel Co'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 15.91% mean?
Allegiant Travel Co (FRA:AGH) has a Return-on-Tangible-Equity of 15.91% 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 Allegiant Travel Co and its competitors. This is 27% above median its historical median of 12.51. According to the industry distribution chart, Allegiant Travel Co ranks #847 out of 979 companies in the Transportation industry, placing it in the top 86.5%.
Is Allegiant Travel Co's Return-on-Tangible-Equity too high?
Allegiant Travel Co's current Return-on-Tangible-Equity of 15.91% is 27% above median its 10-year median of 12.51. The Transportation industry median Return-on-Tangible-Equity is 8.98. Allegiant Travel Co's value of 15.91% is 77.2% above this industry median. Based on the distribution chart, Allegiant Travel Co ranks #847 out of 979 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Allegiant Travel Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allegiant Travel Co's Return-on-Tangible-Equity compare to SKYW and JBLU?
According to the Transportation industry distribution chart, Allegiant Travel Co ranks #847 out of 979 companies for Return-on-Tangible-Equity. This places Allegiant Travel Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.98. Allegiant Travel Co's value of 15.91% is 77.2% above this benchmark. While the company's 10-year median is 12.51 vs. the industry median of 8.98, Allegiant Travel Co 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.98, based on 979 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. Allegiant Travel Co's current Return-on-Tangible-Equity of 15.91% is 77.2% 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 Allegiant Travel Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allegiant Travel Co's current Return-on-Tangible-Equity is 15.91%, which is 27% above median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allegiant Travel Co stock overvalued right now?
Based on GuruFocus' analysis, Allegiant Travel Co (FRA:AGH) is currently considered Modestly Overvalued. The stock's GF Value™ is €78.50, compared to a current price of €90.34 — trading 15.1% above its estimated fair value. The current Return-on-Tangible-Equity is 15.91%, which is 27% above median its 10-year median of 12.51 and 77.2% above the Transportation industry median of 8.98. Allegiant Travel Co's overall GF Score™ is 84/100 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 Allegiant Travel Co (FRA:AGH), the current Return-on-Tangible-Equity is 15.91% 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.
Is Allegiant Travel Co (FRA:AGH) Overvalued in 2026?
Based on GuruFocus' analysis, Allegiant Travel Co stock appears to be overvalued.
The current stock price of €90.34 is trading 15.1% above its estimated GF Value™ of €78.50.
GuruFocus considers Allegiant Travel Co to be Modestly Overvalued.
Key valuation signals for FRA:AGH:
Return-on-Tangible-Equity: 15.91% (27% above median its 10-year median of 12.51)
GF Value™: €78.50 vs. price of €90.34 (15.1% above fair value)
Industry Position: 77.2% above the Transportation median (#847 of 979)
No single metric tells the full story. See the FRA:AGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allegiant Travel Co is a leisure travel company focused on providing travel and leisure services and products to residents of underserved cities in the United States. It operates a low-cost, low utilization passenger airline marketed to leisure travelers in underserved cities, allowing it to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third-party services and products. In addition, it provides air transportation under fixed-fee flight arrangements. In connection with its leisure travel focus, the company has opened Sunseeker Resort Charlotte Harbor, equipped with several guestrooms and food and beverage outlets. The company's operating segments are the Airline, which generates the maximum revenue, and Sunseeker Resort.
84GF Score
Get the complete analysis for FRA:AGH
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