Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Sunshine Insurance Group Co's annualized net income for the quarter that ended in Dec. 2025 was €708 Mil. Sunshine Insurance Group Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €6,795 Mil. Therefore, Sunshine Insurance Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 10.41%.
The historical rank and industry rank for Sunshine Insurance Group Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:E57'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.47 Med: 10.68 Max: 11.75
Current: 11.07
During the past 7 years, Sunshine Insurance Group Co's highest Return-on-Tangible-Equity was 11.75%. The lowest was 6.47%. And the median was 10.68%.
FRA:E57's Return-on-Tangible-Equity is ranked worse than 59.6% of 495
companies
in the Insurance industry
Industry Median: 13.83
vs FRA:E57: 11.07
Sunshine Insurance Group Co (FRA:E57) 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.
Sunshine Insurance Group Co Return-on-Tangible-Equity Related Terms
Sunshine Insurance Group Co Return-on-Tangible-Equity Historical Data
* 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.
Sunshine Insurance Group Co Return-on-Tangible-Equity Chart
FRA:E57 vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Sunshine Insurance Group 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.
Sunshine Insurance Group Co Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Sunshine Insurance Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sunshine Insurance Group 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 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 10.41% mean?
Sunshine Insurance Group Co (FRA:E57) has a Return-on-Tangible-Equity of 10.41% 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 Sunshine Insurance Group Co and its competitors. This is near median its historical median of 10.68. Over the past decade, Sunshine Insurance Group Co's Return-on-Tangible-Equity has ranged from 6.47 to 11.75. According to the industry distribution chart, Sunshine Insurance Group Co ranks #295 out of 495 companies in the Insurance industry, placing it in the top 59.6%.
Is Sunshine Insurance Group Co's Return-on-Tangible-Equity too high?
Sunshine Insurance Group Co's current Return-on-Tangible-Equity of 10.41% is near median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 11.75. The Insurance industry median Return-on-Tangible-Equity is 13.83. Sunshine Insurance Group Co's value of 10.41% is 24.7% below this industry median. Based on the distribution chart, Sunshine Insurance Group Co ranks #295 out of 495 companies in the Insurance industry, which is below the industry midpoint. Overall, Sunshine Insurance Group Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Sunshine Insurance Group Co's Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Sunshine Insurance Group Co ranks #295 out of 495 companies for Return-on-Tangible-Equity. This places Sunshine Insurance Group Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.83. Sunshine Insurance Group Co's value of 10.41% is 24.7% below this benchmark. Historically, Sunshine Insurance Group Co's own Return-on-Tangible-Equity has ranged from 6.47 to 11.75 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 13.83, Sunshine Insurance Group Co 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.83, based on 495 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. Sunshine Insurance Group Co's current Return-on-Tangible-Equity of 10.41% is 24.7% 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 Sunshine Insurance Group Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Insurance Group Co's current Return-on-Tangible-Equity is 10.41%, which is near median its own 10-year median of 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Insurance Group Co stock overvalued right now?
Sunshine Insurance Group Co (FRA:E57) has a current Return-on-Tangible-Equity of 10.41%. The stock's GF Value™ is €0.40, compared to a current price of €0.36 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 10.41%, which is near median its 10-year median of 10.68 and 24.7% below the Insurance industry median of 13.83. Sunshine Insurance Group Co'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 Sunshine Insurance Group Co (FRA:E57), the current Return-on-Tangible-Equity is 10.41% 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 Sunshine Insurance Group Co (FRA:E57) Overvalued in 2026?
Based on GuruFocus' analysis, Sunshine Insurance Group Co stock appears to be undervalued.
The current stock price of €0.36 is trading 11% below its estimated GF Value™ of €0.40.
Key valuation signals for FRA:E57:
Return-on-Tangible-Equity: 10.41% (near median its 10-year median of 10.68)
GF Value™: €0.40 vs. price of €0.36 (11% below fair value)
Industry Position: 24.7% below the Insurance median (#295 of 495)
No single metric tells the full story. See the FRA:E57 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life; The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other business segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the property and casualty insurance segment.
73GF Score
Get the complete analysis for FRA:E57
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:E57 has been successfully added to your 
