BuckleFRA:BK2 -2.07%81 Return-on-Tangible-Equity is 42.55% as of Apr. 2026, which is 19% above its 10-year median of 35.74. GuruFocus rates FRA:BK2 with a GF Score™ of 81/100 and a GF Value™ of €38.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,056 Retail - Cyclical companies, Buckle ranks better than 88.54% 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. Buckle's annualized net income for the quarter that ended in Apr. 2026 was €160 Mil. Buckle's average shareholder tangible equity for the quarter that ended in Apr. 2026 was €377 Mil. Therefore, Buckle's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 42.55%.
The historical rank and industry rank for Buckle's Return-on-Tangible-Equity or its related term are showing as below:
FRA:BK2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.83 Med: 35.74 Max: 73.89
Current: 47.81
During the past 13 years, Buckle's highest Return-on-Tangible-Equity was 73.89%. The lowest was 21.83%. And the median was 35.74%.
FRA:BK2's Return-on-Tangible-Equity is ranked better than 88.54% of 1056
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs FRA:BK2: 47.81
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.
Buckle Return-on-Tangible-Equity Related Terms
Buckle Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Buckle'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:BK2 vs CRI, AEO, SFIX: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, Buckle'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.
Buckle Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Buckle's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Buckle'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 42.55% mean?
Buckle (FRA:BK2) has a Return-on-Tangible-Equity of 42.55% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Buckle and its competitors. This is 19% above median its historical median of 35.74. Over the past decade, Buckle's Return-on-Tangible-Equity has ranged from 21.83 to 73.89. According to the industry distribution chart, Buckle ranks #121 out of 1056 companies in the Retail - Cyclical industry, placing it in the top 11.5%.
Is Buckle's Return-on-Tangible-Equity too high?
Buckle's current Return-on-Tangible-Equity of 42.55% is 19% above median its 10-year median of 35.74. Over the past 10 years, this metric has ranged from a low of 21.83 to a high of 73.89. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. Buckle's value of 42.55% is 410.2% above this industry median. Based on the distribution chart, Buckle ranks #121 out of 1056 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Buckle has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Buckle's Return-on-Tangible-Equity compare to CRI and AEO?
According to the Retail - Cyclical industry distribution chart, Buckle ranks #121 out of 1056 companies for Return-on-Tangible-Equity. This places Buckle in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.34. Buckle's value of 42.55% is 410.2% above this benchmark. Historically, Buckle's own Return-on-Tangible-Equity has ranged from 21.83 to 73.89 over the past decade. While the company's 10-year median is 35.74 vs. the industry median of 8.34, Buckle 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,056 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. Buckle's current Return-on-Tangible-Equity of 42.55% is 410.2% 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 Buckle and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Buckle's current Return-on-Tangible-Equity is 42.55%, which is 19% above median its own 10-year median of 35.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Buckle stock overvalued right now?
Based on GuruFocus' analysis, Buckle (FRA:BK2) is currently considered Fairly Valued. The stock's GF Value™ is €38.37, compared to a current price of €35.90 — trading 6.4% below its estimated fair value. The current Return-on-Tangible-Equity is 42.55%, which is 19% above median its 10-year median of 35.74 and 410.2% above the Retail - Cyclical industry median of 8.34. Buckle's overall GF Score™ is 81/100 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 Buckle (FRA:BK2), the current Return-on-Tangible-Equity is 42.55% as of Apr. 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 Buckle (FRA:BK2) Overvalued in 2026?
Based on GuruFocus' analysis, Buckle stock appears to be undervalued.
The current stock price of €35.90 is trading 6.4% below its estimated GF Value™ of €38.37.
GuruFocus considers Buckle to be Fairly Valued.
Key valuation signals for FRA:BK2:
Return-on-Tangible-Equity: 42.55% (19% above median its 10-year median of 35.74)
GF Value™: €38.37 vs. price of €35.90 (6.4% below fair value)
Industry Position: 410.2% above the Retail - Cyclical median (#121 of 1056)
No single metric tells the full story. See the FRA:BK2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to affordable priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
81GF Score
Get the complete analysis for FRA:BK2
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:BK2 has been successfully added to your 
