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H.B. Fuller CoFRA:HB1 +1.23%83 Return-on-Tangible-Equity is Negative Tangible Equity% as of May. 2026. GuruFocus rates FRA:HB1 with a GF Score™ of 83/100 and a GF Value™ of €56.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,570 Chemicals companies, H.B. Fuller Co ranks better than 99.87% 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. H.B. Fuller Co's annualized net income for the quarter that ended in May. 2026 was €232 Mil. H.B. Fuller Co's average shareholder tangible equity for the quarter that ended in May. 2026 was €-341 Mil. Therefore, H.B. Fuller Co's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for H.B. Fuller Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:HB1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.21 Med: 36.21 Max: 36.21
Current: Negative Tangible Equity
During the past 13 years, H.B. Fuller Co's highest Return-on-Tangible-Equity was 36.21%. The lowest was 36.21%. And the median was 36.21%.
FRA:HB1's Return-on-Tangible-Equity is ranked better than 99.87% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs FRA:HB1: Negative Tangible Equity
H.B. Fuller Co (FRA:HB1) 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.
H.B. Fuller Co Return-on-Tangible-Equity Related Terms
H.B. Fuller Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for H.B. Fuller Co'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:HB1 vs HWKN, WDFC, AVNT: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, H.B. Fuller Co'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.
H.B. Fuller Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where H.B. Fuller Co'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
H.B. Fuller Co (FRA:HB1) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on H.B. Fuller Co and its competitors. Over the past decade, H.B. Fuller Co's Return-on-Tangible-Equity has ranged from 36.21 to 36.21. According to the industry distribution chart, H.B. Fuller Co ranks #2 out of 1570 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is H.B. Fuller Co's Return-on-Tangible-Equity too high?
H.B. Fuller Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 36.21 to a high of 36.21. Based on the distribution chart, H.B. Fuller Co ranks #2 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, H.B. Fuller Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's Return-on-Tangible-Equity compare to HWKN and WDFC?
According to the Chemicals industry distribution chart, H.B. Fuller Co ranks #2 out of 1570 companies for Return-on-Tangible-Equity. This places H.B. Fuller Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Historically, H.B. Fuller Co's own Return-on-Tangible-Equity has ranged from 36.21 to 36.21 over the past decade. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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 H.B. Fuller Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
Based on GuruFocus' analysis, H.B. Fuller Co (FRA:HB1) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.43, compared to a current price of €49.20 — trading 12.8% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. H.B. Fuller Co's overall GF Score™ is 83/100 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 H.B. Fuller Co (FRA:HB1), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of May. 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?
Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued.
The current stock price of €49.20 is trading 12.8% below its estimated GF Value™ of €56.43.
GuruFocus considers H.B. Fuller Co to be Modestly Undervalued.
No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
83GF Score
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