Fountain Set (Holdings)FRA:FOV 50 Return-on-Tangible-Equity is 2.53% as of Dec. 2025, which is 23% below its 10-year median of 3.30. GuruFocus rates FRA:FOV with a GF Score™ of 50/100 and a GF Value™ of €0.05. The stock has 5 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, Fountain Set (Holdings) ranks worse than 60.53% 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. Fountain Set (Holdings)'s annualized net income for the quarter that ended in Dec. 2025 was €8.9 Mil. Fountain Set (Holdings)'s average shareholder tangible equity for the quarter that ended in Dec. 2025 was €352.4 Mil. Therefore, Fountain Set (Holdings)'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.53%.
The historical rank and industry rank for Fountain Set (Holdings)'s Return-on-Tangible-Equity or its related term are showing as below:
FRA:FOV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.41 Med: 3.3 Max: 6.96
Current: 2.23
During the past 13 years, Fountain Set (Holdings)'s highest Return-on-Tangible-Equity was 6.96%. The lowest was -3.41%. And the median was 3.30%.
FRA:FOV's Return-on-Tangible-Equity is ranked worse than 60.53% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs FRA:FOV: 2.23
Fountain Set (Holdings) (FRA:FOV) 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.
Fountain Set (Holdings) Return-on-Tangible-Equity Related Terms
Fountain Set (Holdings) Return-on-Tangible-Equity Historical Data
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The historical data trend for Fountain Set (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.
Fountain Set (Holdings) Return-on-Tangible-Equity Chart
Fountain Set (Holdings) Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Fountain Set (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.
Fountain Set (Holdings) Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fountain Set (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 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 2.53% mean?
Fountain Set (Holdings) (FRA:FOV) has a Return-on-Tangible-Equity of 2.53% 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 Fountain Set (Holdings) and its competitors. This is 23% below median its historical median of 3.30. According to the industry distribution chart, Fountain Set (Holdings) ranks #612 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.5%.
Is Fountain Set (Holdings)'s Return-on-Tangible-Equity too high?
Fountain Set (Holdings)'s current Return-on-Tangible-Equity of 2.53% is 23% below median its 10-year median of 3.30. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Fountain Set (Holdings)'s value of 2.53% is 42.9% below this industry median. Based on the distribution chart, Fountain Set (Holdings) ranks #612 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Fountain Set (Holdings) has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Fountain Set (Holdings)'s Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fountain Set (Holdings) ranks #612 out of 1011 companies for Return-on-Tangible-Equity. This places Fountain Set (Holdings) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Fountain Set (Holdings)'s value of 2.53% is 42.9% below this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 4.43, Fountain Set (Holdings) 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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. Fountain Set (Holdings)'s current Return-on-Tangible-Equity of 2.53% is 42.9% 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 Fountain Set (Holdings) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fountain Set (Holdings)'s current Return-on-Tangible-Equity is 2.53%, which is 23% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Set (Holdings) stock overvalued right now?
Fountain Set (Holdings) (FRA:FOV) has a current Return-on-Tangible-Equity of 2.53%. The stock's GF Value™ is €0.05, compared to a current price of €0.06 — trading 22% above its estimated fair value. The current Return-on-Tangible-Equity is 2.53%, which is 23% below median its 10-year median of 3.30 and 42.9% below the Manufacturing - Apparel & Accessories industry median of 4.43. Fountain Set (Holdings)'s overall GF Score™ is 50/100 with 5 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 Fountain Set (Holdings) (FRA:FOV), the current Return-on-Tangible-Equity is 2.53% 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 Fountain Set (Holdings) (FRA:FOV) Overvalued in 2026?
Based on GuruFocus' analysis, Fountain Set (Holdings) stock appears to be overvalued.
The current stock price of €0.06 is trading 22% above its estimated GF Value™ of €0.05.
Key valuation signals for FRA:FOV:
Return-on-Tangible-Equity: 2.53% (23% below median its 10-year median of 3.30)
GF Value™: €0.05 vs. price of €0.06 (22% above fair value)
Industry Position: 42.9% below the Manufacturing - Apparel & Accessories median (#612 of 1011)
No single metric tells the full story. See the FRA:FOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, Vietnam and Others, of which maximum revenue is generated from The PRC.
50GF Score
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