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First Ship Lease TrustFRA:LJ9 -3.82% Return-on-Tangible-Equity is 24.83% as of Dec. 2025, which is 431% above its 10-year median of 4.68. The stock has 2 warning signs investors should review. Among 1,009 Business Services companies, First Ship Lease Trust ranks better than 64.42% 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. First Ship Lease Trust's annualized net income for the quarter that ended in Dec. 2025 was €8.73 Mil. First Ship Lease Trust's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €35.14 Mil. Therefore, First Ship Lease Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 24.83%.
The historical rank and industry rank for First Ship Lease Trust's Return-on-Tangible-Equity or its related term are showing as below:
FRA:LJ9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.77 Med: 4.68 Max: 22.52
Current: 17.16
During the past 13 years, First Ship Lease Trust's highest Return-on-Tangible-Equity was 22.52%. The lowest was -33.77%. And the median was 4.68%.
FRA:LJ9's Return-on-Tangible-Equity is ranked better than 64.42% of 1009
companies
in the Business Services industry
Industry Median: 10.69
vs FRA:LJ9: 17.16
First Ship Lease Trust (FRA:LJ9) 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.
First Ship Lease Trust Return-on-Tangible-Equity Related Terms
First Ship Lease Trust Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for First Ship Lease Trust'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.
First Ship Lease Trust Return-on-Tangible-Equity Chart
FRA:LJ9 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, First Ship Lease Trust'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.
First Ship Lease Trust Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, First Ship Lease Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where First Ship Lease Trust'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 24.83% mean?
First Ship Lease Trust (FRA:LJ9) has a Return-on-Tangible-Equity of 24.83% 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 First Ship Lease Trust and its competitors. This is 431% above median its historical median of 4.68. According to the industry distribution chart, First Ship Lease Trust ranks #359 out of 1009 companies in the Business Services industry, placing it in the top 35.6%.
Is First Ship Lease Trust's Return-on-Tangible-Equity too high?
First Ship Lease Trust's current Return-on-Tangible-Equity of 24.83% is 431% above median its 10-year median of 4.68. The Business Services industry median Return-on-Tangible-Equity is 10.69. First Ship Lease Trust's value of 24.83% is 132.3% above this industry median. Based on the distribution chart, First Ship Lease Trust ranks #359 out of 1009 companies in the Business Services industry, which is above the industry midpoint.
How does First Ship Lease Trust's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, First Ship Lease Trust ranks #359 out of 1009 companies for Return-on-Tangible-Equity. This puts First Ship Lease Trust in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.69. First Ship Lease Trust's value of 24.83% is 132.3% above this benchmark. While the company's 10-year median is 4.68 vs. the industry median of 10.69, First Ship Lease Trust 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.69, based on 1,009 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. First Ship Lease Trust's current Return-on-Tangible-Equity of 24.83% is 132.3% 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 First Ship Lease Trust and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Ship Lease Trust's current Return-on-Tangible-Equity is 24.83%, which is 431% above median its own 10-year median of 4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Ship Lease Trust stock overvalued right now?
First Ship Lease Trust (FRA:LJ9) has a current Return-on-Tangible-Equity of 24.83%. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 51% above its estimated fair value. The current Return-on-Tangible-Equity is 24.83%, which is 431% above median its 10-year median of 4.68 and 132.3% above the Business Services industry median of 10.69. 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 First Ship Lease Trust (FRA:LJ9), the current Return-on-Tangible-Equity is 24.83% 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.
First Ship Lease Trust is engaged in the shipping business. The trust acts as a shipowner and provider of leasing services to the international shipping industry. The group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. The company has 6 vessels chartered to an international shipping company on fixed-rate period bareboat charters.
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