Fox Factory Holding (FRA:FF0) Return-on-Tangible-Equity: -32.15% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:FF0 Fox Factory Holding Corp FRA:FF0
66 GF Score
Price €15.69
GF Value €29.82
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Fox Factory Holding Return-on-Tangible-Equity?

Fox Factory Holding FRA:FF0 +3.09% 66 Return-on-Tangible-Equity is -32.15% as of Mar. 2026. GuruFocus rates FRA:FF0 with a GF Score™ of 66/100 and a GF Value™ of €29.82 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,283 Vehicles & Parts companies, Fox Factory Holding ranks worse than 98.6% 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. Fox Factory Holding's annualized net income for the quarter that ended in Mar. 2026 was €-52 Mil. Fox Factory Holding's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €161 Mil. Therefore, Fox Factory Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -32.15%.

The historical rank and industry rank for Fox Factory Holding's Return-on-Tangible-Equity or its related term are showing as below:

FRA:FF0' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -184.61   Med: 50.89   Max: 129.18
Current: -184.61

During the past 13 years, Fox Factory Holding's highest Return-on-Tangible-Equity was 129.18%. The lowest was -184.61%. And the median was 50.89%.

FRA:FF0's Return-on-Tangible-Equity is ranked worse than
98.6% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 7.47 vs FRA:FF0: -184.61

Fox Factory Holding  (FRA:FF0) 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.


Fox Factory Holding Return-on-Tangible-Equity Related Terms


Fox Factory Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fox Factory Holding'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.

Fox Factory Holding Return-on-Tangible-Equity Chart

Fox Factory Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.60 56.19 42.38 32.73 6.22

Fox Factory Holding 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 -862.76 7.68 -1.61 -663.42 -32.15

FRA:FF0 vs HYLN, SMP, MLR: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, Fox Factory Holding'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.


Fox Factory Holding Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fox Factory Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fox Factory Holding's Return-on-Tangible-Equity falls into.


FRA:FF0
66GF Score
Fox Factory Holding Corp FRA:FF0
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fox Factory Holding Return-on-Tangible-Equity Calculation

Fox Factory Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=6.255/( (93.396+107.736 )/ 2 )
=6.255/100.566
=6.22 %

Fox Factory Holding'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 )
=-51.888/( (159.861+162.891)/ 2 )
=-51.888/161.376
=-32.15 %

* 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 -32.15% mean?
Fox Factory Holding (FRA:FF0) has a Return-on-Tangible-Equity of -32.15% 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 Fox Factory Holding and its competitors. According to the industry distribution chart, Fox Factory Holding ranks #1265 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 98.6%.
Is Fox Factory Holding's Return-on-Tangible-Equity too high?
Fox Factory Holding's current Return-on-Tangible-Equity is -32.15%. Based on the distribution chart, Fox Factory Holding ranks #1265 out of 1283 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Fox Factory Holding has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fox Factory Holding's Return-on-Tangible-Equity compare to HYLN and SMP?
According to the Vehicles & Parts industry distribution chart, Fox Factory Holding ranks #1265 out of 1283 companies for Return-on-Tangible-Equity. This places Fox Factory Holding in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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 Fox Factory Holding and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fox Factory Holding's current Return-on-Tangible-Equity is -32.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fox Factory Holding stock overvalued right now?
Based on GuruFocus' analysis, Fox Factory Holding (FRA:FF0) is currently considered Possible Value Trap. The stock's GF Value™ is €29.82, compared to a current price of €15.69 — trading 47.4% below its estimated fair value. The current Return-on-Tangible-Equity is -32.15%. Fox Factory Holding's overall GF Score™ is 66/100 with 9 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 Fox Factory Holding (FRA:FF0), the current Return-on-Tangible-Equity is -32.15% 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 Fox Factory Holding (FRA:FF0) Overvalued in 2026?

Based on GuruFocus' analysis, Fox Factory Holding stock appears to be undervalued. The current stock price of €15.69 is trading 47.4% below its estimated GF Value™ of €29.82. GuruFocus considers Fox Factory Holding to be Possible Value Trap.

Key valuation signals for FRA:FF0:

  • Return-on-Tangible-Equity: -32.15%
  • GF Value™: €29.82 vs. price of €15.69 (47.4% below fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the FRA:FF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fox Factory Holding Business Description

Other Exchanges FOXF:USAFF0:Germany
Address 2055 Sugarloaf Circle, Suite 300, Duluth, GA, USA, 30097
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used predominantly on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North America and also has a presence in Asia, Europe, and the Rest of the World. The company operates in three segments: Powered Vehicles Group, Aftermarket Applications Group, and Specialty Sports Group, of which it derives maximum revenue from Specialty Sports Group segment.
66GF Score

Get the complete analysis for FRA:FF0

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

€15.69
Price
€29.82
GF Value