CEWE Stiftung KGaA (FRA:CWC) Return-on-Tangible-Equity: 6.38% (As of Mar. 2026) — 69% Below Median


FRA:CWC CEWE Stiftung & Co KGaA FRA:CWC
76 GF Score
Price €91.50
GF Value €138.07
Valuation Significantly Undervalued
! 3 Warning Signs
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What is CEWE Stiftung KGaA Return-on-Tangible-Equity?

CEWE Stiftung KGaA FRA:CWC -1.19% 76 Return-on-Tangible-Equity is 6.38% as of Mar. 2026, which is 69% below its 10-year median of 20.80. GuruFocus rates FRA:CWC with a GF Score™ of 76/100 and a GF Value™ of €138.07 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 87 Personal Services companies, CEWE Stiftung KGaA ranks better than 58.62% 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. CEWE Stiftung KGaA's annualized net income for the quarter that ended in Mar. 2026 was €22.5 Mil. CEWE Stiftung KGaA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €352.4 Mil. Therefore, CEWE Stiftung KGaA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.38%.

The historical rank and industry rank for CEWE Stiftung KGaA's Return-on-Tangible-Equity or its related term are showing as below:

FRA:CWC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.15   Med: 20.8   Max: 30.13
Current: 17.97

During the past 13 years, CEWE Stiftung KGaA's highest Return-on-Tangible-Equity was 30.13%. The lowest was 17.15%. And the median was 20.80%.

FRA:CWC's Return-on-Tangible-Equity is ranked better than
58.62% of 87 companies
in the Personal Services industry
Industry Median: 12.91 vs FRA:CWC: 17.97

CEWE Stiftung KGaA  (FRA:CWC) 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.


CEWE Stiftung KGaA Return-on-Tangible-Equity Related Terms


CEWE Stiftung KGaA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Return-on-Tangible-Equity Chart

CEWE Stiftung KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 20.91 21.13 19.69 17.15

CEWE Stiftung KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.58 -3.56 -0.64 69.00 6.38

FRA:CWC vs ROL, SCI, HRB: Return-on-Tangible-Equity Comparison

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA Return-on-Tangible-Equity vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Return-on-Tangible-Equity falls into.


FRA:CWC
76GF Score
CEWE Stiftung & Co KGaA FRA:CWC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEWE Stiftung KGaA Return-on-Tangible-Equity Calculation

CEWE Stiftung KGaA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=58.011/( (324.026+352.459 )/ 2 )
=58.011/338.2425
=17.15 %

CEWE Stiftung KGaA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=22.472/( (352.459+352.367)/ 2 )
=22.472/352.413
=6.38 %

* 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 6.38% mean?
CEWE Stiftung KGaA (FRA:CWC) has a Return-on-Tangible-Equity of 6.38% 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 CEWE Stiftung KGaA and its competitors. This is 69% below median its historical median of 20.80. Over the past decade, CEWE Stiftung KGaA's Return-on-Tangible-Equity has ranged from 17.15 to 30.13. According to the industry distribution chart, CEWE Stiftung KGaA ranks #36 out of 87 companies in the Personal Services industry, placing it in the top 41.4%.
Is CEWE Stiftung KGaA's Return-on-Tangible-Equity too high?
CEWE Stiftung KGaA's current Return-on-Tangible-Equity of 6.38% is 69% below median its 10-year median of 20.80. Over the past 10 years, this metric has ranged from a low of 17.15 to a high of 30.13. The Personal Services industry median Return-on-Tangible-Equity is 12.91. CEWE Stiftung KGaA's value of 6.38% is 50.6% below this industry median. Based on the distribution chart, CEWE Stiftung KGaA ranks #36 out of 87 companies in the Personal Services industry, which is above the industry midpoint. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Return-on-Tangible-Equity compare to ROL and SCI?
According to the Personal Services industry distribution chart, CEWE Stiftung KGaA ranks #36 out of 87 companies for Return-on-Tangible-Equity. This puts CEWE Stiftung KGaA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 12.91. CEWE Stiftung KGaA's value of 6.38% is 50.6% below this benchmark. Historically, CEWE Stiftung KGaA's own Return-on-Tangible-Equity has ranged from 17.15 to 30.13 over the past decade. While the company's 10-year median is 20.80 vs. the industry median of 12.91, CEWE Stiftung KGaA 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 Personal Services company?
The median Return-on-Tangible-Equity among Personal Services companies is 12.91, based on 87 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. CEWE Stiftung KGaA's current Return-on-Tangible-Equity of 6.38% is 50.6% 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 CEWE Stiftung KGaA and its competitors. For the Personal Services industry, the median Return-on-Tangible-Equity is 12.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEWE Stiftung KGaA's current Return-on-Tangible-Equity is 6.38%, which is 69% below median its own 10-year median of 20.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (FRA:CWC) is currently considered Significantly Undervalued. The stock's GF Value™ is €138.07, compared to a current price of €91.50 — trading 33.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.38%, which is 69% below median its 10-year median of 20.80 and 50.6% below the Personal Services industry median of 12.91. CEWE Stiftung KGaA's overall GF Score™ is 76/100 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 CEWE Stiftung KGaA (FRA:CWC), the current Return-on-Tangible-Equity is 6.38% 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 CEWE Stiftung KGaA (FRA:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of €91.50 is trading 33.7% below its estimated GF Value™ of €138.07. GuruFocus considers CEWE Stiftung KGaA to be Significantly Undervalued.

Key valuation signals for FRA:CWC:

  • Return-on-Tangible-Equity: 6.38% (69% below median its 10-year median of 20.80)
  • GF Value™: €138.07 vs. price of €91.50 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 50.6% below the Personal Services median (#36 of 87)

No single metric tells the full story. See the FRA:CWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CEWE Stiftung KGaA Business Description

Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

Get the complete analysis for FRA:CWC

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.50
Price
€138.07
GF Value