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Churchill ChinaFRA:EQW +4.17%57 Return-on-Tangible-Equity is 6.67% as of Dec. 2025, which is 55% below its 10-year median of 14.81. GuruFocus rates FRA:EQW with a GF Score™ of 57/100 and a GF Value™ of €10.41 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Churchill China ranks better than 59.14% 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. Churchill China's annualized net income for the quarter that ended in Dec. 2025 was €4.69 Mil. Churchill China's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €70.27 Mil. Therefore, Churchill China's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.67%.
The historical rank and industry rank for Churchill China's Return-on-Tangible-Equity or its related term are showing as below:
FRA:EQW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.3 Med: 14.81 Max: 23.2
Current: 7.19
During the past 13 years, Churchill China's highest Return-on-Tangible-Equity was 23.20%. The lowest was 0.30%. And the median was 14.81%.
FRA:EQW's Return-on-Tangible-Equity is ranked better than 59.14% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs FRA:EQW: 7.19
Churchill China (FRA:EQW) 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.
Churchill China Return-on-Tangible-Equity Related Terms
Churchill China Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Churchill China'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:EQW vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Churchill China'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.
Churchill China Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Churchill China's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Churchill China'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 6.67% mean?
Churchill China (FRA:EQW) has a Return-on-Tangible-Equity of 6.67% 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 Churchill China and its competitors. This is 55% below median its historical median of 14.81. Over the past decade, Churchill China's Return-on-Tangible-Equity has ranged from 0.30 to 23.20. According to the industry distribution chart, Churchill China ranks #172 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 40.9%.
Is Churchill China's Return-on-Tangible-Equity too high?
Churchill China's current Return-on-Tangible-Equity of 6.67% is 55% below median its 10-year median of 14.81. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 23.20. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.07. Churchill China's value of 6.67% is 31.6% above this industry median. Based on the distribution chart, Churchill China ranks #172 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Churchill China has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Churchill China's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Churchill China ranks #172 out of 421 companies for Return-on-Tangible-Equity. This puts Churchill China in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.07. Churchill China's value of 6.67% is 31.6% above this benchmark. Historically, Churchill China's own Return-on-Tangible-Equity has ranged from 0.30 to 23.20 over the past decade. While the company's 10-year median is 14.81 vs. the industry median of 5.07, Churchill China 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.07, based on 421 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. Churchill China's current Return-on-Tangible-Equity of 6.67% is 31.6% 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 Churchill China and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill China's current Return-on-Tangible-Equity is 6.67%, which is 55% below median its own 10-year median of 14.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill China stock overvalued right now?
Based on GuruFocus' analysis, Churchill China (FRA:EQW) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.41, compared to a current price of €4.00 — trading 61.6% below its estimated fair value. The current Return-on-Tangible-Equity is 6.67%, which is 55% below median its 10-year median of 14.81 and 31.6% above the Furnishings, Fixtures & Appliances industry median of 5.07. Churchill China's overall GF Score™ is 57/100 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 Churchill China (FRA:EQW), the current Return-on-Tangible-Equity is 6.67% 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 Churchill China (FRA:EQW) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill China stock appears to be undervalued.
The current stock price of €4.00 is trading 61.6% below its estimated GF Value™ of €10.41.
GuruFocus considers Churchill China to be Significantly Undervalued.
Key valuation signals for FRA:EQW:
Return-on-Tangible-Equity: 6.67% (55% below median its 10-year median of 14.81)
GF Value™: €10.41 vs. price of €4.00 (61.6% below fair value)
Industry Position: 31.6% above the Furnishings, Fixtures & Appliances median (#172 of 421)
No single metric tells the full story. See the FRA:EQW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. The company operates in the UK, Rest of Europe, USA and Rest of the World.
57GF Score
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