AvexFRA:AX8 -1.60%73 Return-on-Tangible-Equity is 4.20% as of Mar. 2026, which is 14% above its 10-year median of 3.67. GuruFocus rates FRA:AX8 with a GF Score™ of 73/100 and a GF Value™ of €8.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 862 Media - Diversified companies, Avex ranks better than 56.26% 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. Avex's annualized net income for the quarter that ended in Mar. 2026 was €10.6 Mil. Avex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €252.3 Mil. Therefore, Avex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.20%.
The historical rank and industry rank for Avex's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AX8'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.57 Med: 3.67 Max: 27.58
Current: 7.79
During the past 13 years, Avex's highest Return-on-Tangible-Equity was 27.58%. The lowest was -2.57%. And the median was 3.67%.
FRA:AX8's Return-on-Tangible-Equity is ranked better than 56.26% of 862
companies
in the Media - Diversified industry
Industry Median: 5.325
vs FRA:AX8: 7.79
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.
Avex Return-on-Tangible-Equity Related Terms
Avex Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Avex'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:AX8 vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Avex'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.
Avex Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Avex's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Avex'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 4.20% mean?
Avex (FRA:AX8) has a Return-on-Tangible-Equity of 4.20% 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 Avex and its competitors. This is 14% above median its historical median of 3.67. According to the industry distribution chart, Avex ranks #377 out of 862 companies in the Media - Diversified industry, placing it in the top 43.7%.
Is Avex's Return-on-Tangible-Equity too high?
Avex's current Return-on-Tangible-Equity of 4.20% is 14% above median its 10-year median of 3.67. The Media - Diversified industry median Return-on-Tangible-Equity is 5.33. Avex's value of 4.20% is 21.1% below this industry median. Based on the distribution chart, Avex ranks #377 out of 862 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Avex has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avex's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Avex ranks #377 out of 862 companies for Return-on-Tangible-Equity. This puts Avex in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.33. Avex's value of 4.20% is 21.1% below this benchmark. While the company's 10-year median is 3.67 vs. the industry median of 5.33, Avex has consistently been below 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.33, based on 862 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. Avex's current Return-on-Tangible-Equity of 4.20% is 21.1% below 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 Avex and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avex's current Return-on-Tangible-Equity is 4.20%, which is 14% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avex stock overvalued right now?
Based on GuruFocus' analysis, Avex (FRA:AX8) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.38, compared to a current price of €6.15 — trading 26.6% below its estimated fair value. The current Return-on-Tangible-Equity is 4.20%, which is 14% above median its 10-year median of 3.67 and 21.1% below the Media - Diversified industry median of 5.33. Avex's overall GF Score™ is 73/100 with 2 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 Avex (FRA:AX8), the current Return-on-Tangible-Equity is 4.20% 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 Avex (FRA:AX8) Overvalued in 2026?
Based on GuruFocus' analysis, Avex stock appears to be undervalued.
The current stock price of €6.15 is trading 26.6% below its estimated GF Value™ of €8.38.
GuruFocus considers Avex to be Modestly Undervalued.
Key valuation signals for FRA:AX8:
Return-on-Tangible-Equity: 4.20% (14% above median its 10-year median of 3.67)
GF Value™: €8.38 vs. price of €6.15 (26.6% below fair value)
Industry Position: 21.1% below the Media - Diversified median (#377 of 862)
No single metric tells the full story. See the FRA:AX8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.
73GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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