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.
Next Generation Technology GroupFRA:E79 -6.74%25 Return-on-Tangible-Equity is 176.83% as of Dec. 2025, which is 239% above its 10-year median of 52.20. GuruFocus rates FRA:E79 with a GF Score™ of 25/100. The stock has 4 warning signs investors should review. Among 1,590 Asset Management companies, Next Generation Technology Group ranks better than 96.29% on this metric.
The historical rank and industry rank for Next Generation Technology Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:E79'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.75 Med: 52.2 Max: 107.28
Current: 80.48
During the past 4 years, Next Generation Technology Group's highest Return-on-Tangible-Equity was 107.28%. The lowest was 13.75%. And the median was 52.20%.
FRA:E79's Return-on-Tangible-Equity is ranked better than 96.29% of 1590
companies
in the Asset Management industry
Industry Median: 7.21
vs FRA:E79: 80.48
Next Generation Technology Group (FRA:E79) 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.
Next Generation Technology Group Return-on-Tangible-Equity Related Terms
Next Generation Technology Group 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.
Next Generation Technology Group Return-on-Tangible-Equity Chart
FRA:E79 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Next Generation Technology Group'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.
Next Generation Technology Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Next Generation Technology Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Next Generation Technology Group'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 (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 176.83% mean?
Next Generation Technology Group (FRA:E79) has a Return-on-Tangible-Equity of 176.83% 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 Next Generation Technology Group and its competitors. This is 239% above median its historical median of 52.20. Over the past decade, Next Generation Technology Group's Return-on-Tangible-Equity has ranged from 13.75 to 107.28. According to the industry distribution chart, Next Generation Technology Group ranks #59 out of 1590 companies in the Asset Management industry, placing it in the top 3.7%.
Is Next Generation Technology Group's Return-on-Tangible-Equity too high?
Next Generation Technology Group's current Return-on-Tangible-Equity of 176.83% is 239% above median its 10-year median of 52.20. Over the past 10 years, this metric has ranged from a low of 13.75 to a high of 107.28. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Next Generation Technology Group's value of 176.83% is 2352.6% above this industry median. Based on the distribution chart, Next Generation Technology Group ranks #59 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Next Generation Technology Group has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Next Generation Technology Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Next Generation Technology Group ranks #59 out of 1590 companies for Return-on-Tangible-Equity. This places Next Generation Technology Group in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Next Generation Technology Group's value of 176.83% is 2352.6% above this benchmark. Historically, Next Generation Technology Group's own Return-on-Tangible-Equity has ranged from 13.75 to 107.28 over the past decade. While the company's 10-year median is 52.20 vs. the industry median of 7.21, Next Generation Technology Group 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,590 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. Next Generation Technology Group's current Return-on-Tangible-Equity of 176.83% is 2352.6% 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 Next Generation Technology Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Generation Technology Group's current Return-on-Tangible-Equity is 176.83%, which is 239% above median its own 10-year median of 52.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Generation Technology Group stock overvalued right now?
Next Generation Technology Group (FRA:E79) has a current Return-on-Tangible-Equity of 176.83%. The current Return-on-Tangible-Equity is 176.83%, which is 239% above median its 10-year median of 52.20 and 2352.6% above the Asset Management industry median of 7.21. Next Generation Technology Group's overall GF Score™ is 25/100 with 4 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 Next Generation Technology Group (FRA:E79), the current Return-on-Tangible-Equity is 176.83% 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.
Next Generation Technology Group Business Description
Next Generation Technology Group Inc is involved in the acquisition of manufacturing and manufacturing-related companies and management support for the acquired companies. its mission is to prevent the loss of each company's technology and skills and pass them on to the next generation.
25GF Score
Get the complete analysis for FRA:E79
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:E79 has been successfully added to your 
