FUJIFILM HoldingsFRA:FJIA -9.89%85 Return-on-Tangible-Equity is 12.61% as of Mar. 2026, which is 8% above its 10-year median of 11.71. GuruFocus rates FRA:FJIA with a GF Score™ of 85/100 and a GF Value™ of €8.28 (Fairly Valued). The stock has 7 warning signs investors should review. Among 553 Conglomerates companies, FUJIFILM Holdings ranks better than 64.38% 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. FUJIFILM Holdings's annualized net income for the quarter that ended in Mar. 2026 was €1,818 Mil. FUJIFILM Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €14,409 Mil. Therefore, FUJIFILM Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.61%.
The historical rank and industry rank for FUJIFILM Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:FJIA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.1 Med: 11.71 Max: 15.13
Current: 11.33
During the past 13 years, FUJIFILM Holdings's highest Return-on-Tangible-Equity was 15.13%. The lowest was 9.10%. And the median was 11.71%.
FRA:FJIA's Return-on-Tangible-Equity is ranked better than 64.38% of 553
companies
in the Conglomerates industry
Industry Median: 7.44
vs FRA:FJIA: 11.33
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.
FUJIFILM Holdings Return-on-Tangible-Equity Related Terms
FUJIFILM Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FUJIFILM Holdings'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:FJIA vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, FUJIFILM Holdings'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.
FUJIFILM Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, FUJIFILM Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FUJIFILM Holdings'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 (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 12.61% mean?
FUJIFILM Holdings (FRA:FJIA) has a Return-on-Tangible-Equity of 12.61% 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 FUJIFILM Holdings and its competitors. This is near median its historical median of 11.71. Over the past decade, FUJIFILM Holdings' Return-on-Tangible-Equity has ranged from 9.10 to 15.13. According to the industry distribution chart, FUJIFILM Holdings ranks #197 out of 553 companies in the Conglomerates industry, placing it in the top 35.6%.
Is FUJIFILM Holdings' Return-on-Tangible-Equity too high?
FUJIFILM Holdings' current Return-on-Tangible-Equity of 12.61% is near median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 9.10 to a high of 15.13. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. FUJIFILM Holdings' value of 12.61% is 69.5% above this industry median. Based on the distribution chart, FUJIFILM Holdings ranks #197 out of 553 companies in the Conglomerates industry, which is above the industry midpoint. Overall, FUJIFILM Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FUJIFILM Holdings' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, FUJIFILM Holdings ranks #197 out of 553 companies for Return-on-Tangible-Equity. This puts FUJIFILM Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. FUJIFILM Holdings' value of 12.61% is 69.5% above this benchmark. Historically, FUJIFILM Holdings' own Return-on-Tangible-Equity has ranged from 9.10 to 15.13 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 7.44, FUJIFILM Holdings 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 553 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. FUJIFILM Holdings's current Return-on-Tangible-Equity of 12.61% is 69.5% 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 FUJIFILM Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FUJIFILM Holdings's current Return-on-Tangible-Equity is 12.61%, which is near median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FUJIFILM Holdings stock overvalued right now?
Based on GuruFocus' analysis, FUJIFILM Holdings (FRA:FJIA) is currently considered Fairly Valued. The stock's GF Value™ is €8.28, compared to a current price of €8.20 — trading 1% below its estimated fair value. The current Return-on-Tangible-Equity is 12.61%, which is near median its 10-year median of 11.71 and 69.5% above the Conglomerates industry median of 7.44. FUJIFILM Holdings' overall GF Score™ is 85/100 with 7 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 FUJIFILM Holdings (FRA:FJIA), the current Return-on-Tangible-Equity is 12.61% 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 FUJIFILM Holdings (FRA:FJIA) Overvalued in 2026?
Based on GuruFocus' analysis, FUJIFILM Holdings stock appears to be undervalued.
The current stock price of €8.20 is trading 1% below its estimated GF Value™ of €8.28.
GuruFocus considers FUJIFILM Holdings to be Fairly Valued.
Key valuation signals for FRA:FJIA:
Return-on-Tangible-Equity: 12.61% (near median its 10-year median of 11.71)
GF Value™: €8.28 vs. price of €8.20 (1% below fair value)
Industry Position: 69.5% above the Conglomerates median (#197 of 553)
No single metric tells the full story. See the FRA:FJIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FUJIFILM Holdings Corp offers products and services used in photo development and film and photo taking processes. The company produces color films and single use cameras, color paper and chemicals, photofinishing equipment, film and photo processing services, electronic imaging such as digital cameras, optical devices such as camera modules for mobile phones, TV camera lenses and cine lenses, x-ray imaging systems and films, inkjet printers, flat panel materials, recording storage mediums such as data cartridges and videotape products, and office products such as office printers.
85GF Score
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