HUB24FRA:FSB -2.44%99 Return-on-Tangible-Equity is 104.49% as of Dec. 2025, which is 226% above its 10-year median of 32.02. GuruFocus rates FRA:FSB with a GF Score™ of 99/100 and a GF Value™ of €49.67. The stock has 1 warning sign investors should review. Among 783 Capital Markets companies, HUB24 ranks better than 95.02% 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. HUB24's annualized net income for the quarter that ended in Dec. 2025 was €67.7 Mil. HUB24's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €64.8 Mil. Therefore, HUB24's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 104.49%.
The historical rank and industry rank for HUB24's Return-on-Tangible-Equity or its related term are showing as below:
FRA:FSB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.34 Med: 32.02 Max: 181.69
Current: 100.09
During the past 13 years, HUB24's highest Return-on-Tangible-Equity was 181.69%. The lowest was -23.34%. And the median was 32.02%.
FRA:FSB's Return-on-Tangible-Equity is ranked better than 95.02% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs FRA:FSB: 100.09
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.
HUB24 Return-on-Tangible-Equity Related Terms
HUB24 Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for HUB24'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:FSB vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, HUB24'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.
HUB24 Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HUB24's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HUB24'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 104.49% mean?
HUB24 (FRA:FSB) has a Return-on-Tangible-Equity of 104.49% 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 HUB24 and its competitors. This is 226% above median its historical median of 32.02. According to the industry distribution chart, HUB24 ranks #39 out of 783 companies in the Capital Markets industry, placing it in the top 5%.
Is HUB24's Return-on-Tangible-Equity too high?
HUB24's current Return-on-Tangible-Equity of 104.49% is 226% above median its 10-year median of 32.02. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. HUB24's value of 104.49% is 1520% above this industry median. Based on the distribution chart, HUB24 ranks #39 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, HUB24 has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does HUB24's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, HUB24 ranks #39 out of 783 companies for Return-on-Tangible-Equity. This places HUB24 in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.45. HUB24's value of 104.49% is 1520% above this benchmark. While the company's 10-year median is 32.02 vs. the industry median of 6.45, HUB24 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. HUB24's current Return-on-Tangible-Equity of 104.49% is 1520% 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 HUB24 and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUB24's current Return-on-Tangible-Equity is 104.49%, which is 226% above median its own 10-year median of 32.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUB24 stock overvalued right now?
HUB24 (FRA:FSB) has a current Return-on-Tangible-Equity of 104.49%. The stock's GF Value™ is €49.67, compared to a current price of €42.07 — trading 15.3% below its estimated fair value. The current Return-on-Tangible-Equity is 104.49%, which is 226% above median its 10-year median of 32.02 and 1520% above the Capital Markets industry median of 6.45. HUB24's overall GF Score™ is 99/100 with 1 warning sign 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 HUB24 (FRA:FSB), the current Return-on-Tangible-Equity is 104.49% 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 HUB24 (FRA:FSB) Overvalued in 2026?
Based on GuruFocus' analysis, HUB24 stock appears to be undervalued.
The current stock price of €42.07 is trading 15.3% below its estimated GF Value™ of €49.67.
Key valuation signals for FRA:FSB:
Return-on-Tangible-Equity: 104.49% (226% above median its 10-year median of 32.02)
GF Value™: €49.67 vs. price of €42.07 (15.3% below fair value)
Industry Position: 1520% above the Capital Markets median (#39 of 783)
No single metric tells the full story. See the FRA:FSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has around 9.7% share of the Australian platform market, compared with the largest five providers with an average market share of 13.3% each.
99GF Score
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