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. DF Deutsche Forfait AG's annualized net income for the quarter that ended in Dec. 2025 was €-4.86 Mil. DF Deutsche Forfait AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €29.95 Mil. Therefore, DF Deutsche Forfait AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -16.23%.
The historical rank and industry rank for DF Deutsche Forfait AG's Return-on-Tangible-Equity or its related term are showing as below:
FRA:DFTK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.07 Med: 6.31 Max: 57.14
Current: -6.62
During the past 13 years, DF Deutsche Forfait AG's highest Return-on-Tangible-Equity was 57.14%. The lowest was -32.07%. And the median was 6.31%.
FRA:DFTK's Return-on-Tangible-Equity is ranked worse than 80.56% of 782
companies
in the Capital Markets industry
Industry Median: 6.485
vs FRA:DFTK: -6.62
DF Deutsche Forfait AG (FRA:DFTK) 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.
DF Deutsche Forfait AG Return-on-Tangible-Equity Related Terms
DF Deutsche Forfait AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for DF Deutsche Forfait AG'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.
DF Deutsche Forfait AG Return-on-Tangible-Equity Chart
FRA:DFTK vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, DF Deutsche Forfait AG'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.
DF Deutsche Forfait AG Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DF Deutsche Forfait AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DF Deutsche Forfait AG'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -16.23% mean?
DF Deutsche Forfait AG (FRA:DFTK) has a Return-on-Tangible-Equity of -16.23% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on DF Deutsche Forfait AG and its competitors. According to the industry distribution chart, DF Deutsche Forfait AG ranks #630 out of 782 companies in the Capital Markets industry, placing it in the top 80.6%.
Is DF Deutsche Forfait AG's Return-on-Tangible-Equity too high?
DF Deutsche Forfait AG's current Return-on-Tangible-Equity is -16.23%. Based on the distribution chart, DF Deutsche Forfait AG ranks #630 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, DF Deutsche Forfait AG has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DF Deutsche Forfait AG's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, DF Deutsche Forfait AG ranks #630 out of 782 companies for Return-on-Tangible-Equity. This places DF Deutsche Forfait AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.49. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.49, based on 782 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. 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 DF Deutsche Forfait AG and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DF Deutsche Forfait AG's current Return-on-Tangible-Equity is -16.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DF Deutsche Forfait AG stock overvalued right now?
Based on GuruFocus' analysis, DF Deutsche Forfait AG (FRA:DFTK) is currently considered Fairly Valued. The stock's GF Value™ is €1.48, compared to a current price of €1.54 — trading 4.1% above its estimated fair value. The current Return-on-Tangible-Equity is -16.23%. DF Deutsche Forfait AG's overall GF Score™ is 73/100 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 DF Deutsche Forfait AG (FRA:DFTK), the current Return-on-Tangible-Equity is -16.23% as of Dec. 2025. 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 DF Deutsche Forfait AG (FRA:DFTK) Overvalued in 2026?
Based on GuruFocus' analysis, DF Deutsche Forfait AG stock appears to be overvalued.
The current stock price of €1.54 is trading 4.1% above its estimated GF Value™ of €1.48.
GuruFocus considers DF Deutsche Forfait AG to be Fairly Valued.
Key valuation signals for FRA:DFTK:
Return-on-Tangible-Equity: -16.23%
GF Value™: €1.48 vs. price of €1.54 (4.1% above fair value)
No single metric tells the full story. See the FRA:DFTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.
73GF Score
Get the complete analysis for FRA:DFTK
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:DFTK has been successfully added to your 
