Fitzroy RiverFRA:KIO 40 Return-on-Tangible-Equity is -32.14% as of Dec. 2025. GuruFocus rates FRA:KIO with a GF Score™ of 40/100 and a GF Value™ of €0.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 947 Oil & Gas companies, Fitzroy River ranks worse than 80.78% 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. Fitzroy River's annualized net income for the quarter that ended in Dec. 2025 was €-0.14 Mil. Fitzroy River's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €0.45 Mil. Therefore, Fitzroy River's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -32.14%.
The historical rank and industry rank for Fitzroy River's Return-on-Tangible-Equity or its related term are showing as below:
FRA:KIO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -96.69 Med: -2.9 Max: 23.75
Current: -13.18
During the past 13 years, Fitzroy River's highest Return-on-Tangible-Equity was 23.75%. The lowest was -96.69%. And the median was -2.90%.
FRA:KIO's Return-on-Tangible-Equity is ranked worse than 80.78% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs FRA:KIO: -13.18
Fitzroy River (FRA:KIO) 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.
Fitzroy River Return-on-Tangible-Equity Related Terms
Fitzroy River Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fitzroy River'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:KIO vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Fitzroy River'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.
Fitzroy River Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fitzroy River's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fitzroy River'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 -32.14% mean?
Fitzroy River (FRA:KIO) has a Return-on-Tangible-Equity of -32.14% 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 Fitzroy River and its competitors. According to the industry distribution chart, Fitzroy River ranks #765 out of 947 companies in the Oil & Gas industry, placing it in the top 80.8%.
Is Fitzroy River's Return-on-Tangible-Equity too high?
Fitzroy River's current Return-on-Tangible-Equity is -32.14%. Based on the distribution chart, Fitzroy River ranks #765 out of 947 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Fitzroy River has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fitzroy River's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fitzroy River ranks #765 out of 947 companies for Return-on-Tangible-Equity. This places Fitzroy River in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.74. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 947 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 Fitzroy River and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitzroy River's current Return-on-Tangible-Equity is -32.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitzroy River stock overvalued right now?
Based on GuruFocus' analysis, Fitzroy River (FRA:KIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.05, compared to a current price of €0.11 — trading 126% above its estimated fair value. The current Return-on-Tangible-Equity is -32.14%. Fitzroy River's overall GF Score™ is 40/100 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 Fitzroy River (FRA:KIO), the current Return-on-Tangible-Equity is -32.14% 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 Fitzroy River (FRA:KIO) Overvalued in 2026?
Based on GuruFocus' analysis, Fitzroy River stock appears to be overvalued.
The current stock price of €0.11 is trading 126% above its estimated GF Value™ of €0.05.
GuruFocus considers Fitzroy River to be Significantly Overvalued.
Key valuation signals for FRA:KIO:
Return-on-Tangible-Equity: -32.14%
GF Value™: €0.05 vs. price of €0.11 (126% above fair value)
No single metric tells the full story. See the FRA:KIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fitzroy River Corp Ltd is an oil and gas and mineral investment holding company focusing on non-operational assets such as royalties, free carried interests, and equity investments. Its primary focus is on Western Australia, specifically, the Canning Superbasin, where the company holds royalty interests. Revenue is realized in the form of royalty income and interest. The company has one operating segment: the management of resource-based royalties and investments. The company derives its revenue within Australia.
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