Citizen Watch CoFRA:CTZ -6.25%63 Return-on-Tangible-Equity is 12.72% as of Mar. 2026, which is 42% above its 10-year median of 8.98. GuruFocus rates FRA:CTZ with a GF Score™ of 63/100 and a GF Value™ of €6.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, Citizen Watch Co ranks better than 75.37% 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. Citizen Watch Co's annualized net income for the quarter that ended in Mar. 2026 was €194 Mil. Citizen Watch Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1,522 Mil. Therefore, Citizen Watch Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.72%.
The historical rank and industry rank for Citizen Watch Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:CTZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.09 Med: 8.98 Max: 11.86
Current: 11.86
During the past 13 years, Citizen Watch Co's highest Return-on-Tangible-Equity was 11.86%. The lowest was -12.09%. And the median was 8.98%.
FRA:CTZ's Return-on-Tangible-Equity is ranked better than 75.37% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs FRA:CTZ: 11.86
Citizen Watch Co (FRA:CTZ) 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.
Citizen Watch Co Return-on-Tangible-Equity Related Terms
Citizen Watch Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Citizen Watch 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.
FRA:CTZ vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Citizen Watch 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.
Citizen Watch Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Citizen Watch 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 12.72% mean?
Citizen Watch Co (FRA:CTZ) has a Return-on-Tangible-Equity of 12.72% 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 Citizen Watch Co and its competitors. This is 42% above median its historical median of 8.98. According to the industry distribution chart, Citizen Watch Co ranks #249 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24.6%.
Is Citizen Watch Co's Return-on-Tangible-Equity too high?
Citizen Watch Co's current Return-on-Tangible-Equity of 12.72% is 42% above median its 10-year median of 8.98. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Citizen Watch Co's value of 12.72% is 187.1% above this industry median. Based on the distribution chart, Citizen Watch Co ranks #249 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Citizen Watch Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Citizen Watch Co ranks #249 out of 1011 companies for Return-on-Tangible-Equity. This places Citizen Watch Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Citizen Watch Co's value of 12.72% is 187.1% above this benchmark. While the company's 10-year median is 8.98 vs. the industry median of 4.43, Citizen Watch 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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. Citizen Watch Co's current Return-on-Tangible-Equity of 12.72% is 187.1% 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 Citizen Watch Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Watch Co's current Return-on-Tangible-Equity is 12.72%, which is 42% above median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.26, compared to a current price of €12.00 — trading 91.7% above its estimated fair value. The current Return-on-Tangible-Equity is 12.72%, which is 42% above median its 10-year median of 8.98 and 187.1% above the Manufacturing - Apparel & Accessories industry median of 4.43. Citizen Watch Co's overall GF Score™ is 63/100 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 Citizen Watch Co (FRA:CTZ), the current Return-on-Tangible-Equity is 12.72% 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued.
The current stock price of €12.00 is trading 91.7% above its estimated GF Value™ of €6.26.
GuruFocus considers Citizen Watch Co to be Significantly Overvalued.
Key valuation signals for FRA:CTZ:
Return-on-Tangible-Equity: 12.72% (42% above median its 10-year median of 8.98)
GF Value™: €6.26 vs. price of €12.00 (91.7% above fair value)
Industry Position: 187.1% above the Manufacturing - Apparel & Accessories median (#249 of 1011)
No single metric tells the full story. See the FRA:CTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
63GF Score
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