MBB SEFRA:MBB +0.34%93 Return-on-Tangible-Equity is 5.08% as of Mar. 2026, which is 1% above its 10-year median of 5.02. GuruFocus rates FRA:MBB with a GF Score™ of 93/100 and a GF Value™ of €132.47 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 549 Conglomerates companies, MBB SE ranks better than 59.38% 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. MBB SE's annualized net income for the quarter that ended in Mar. 2026 was €31 Mil. MBB SE's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €608 Mil. Therefore, MBB SE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.08%.
The historical rank and industry rank for MBB SE's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MBB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.9 Med: 5.02 Max: 20.4
Current: 9.78
During the past 13 years, MBB SE's highest Return-on-Tangible-Equity was 20.40%. The lowest was -2.90%. And the median was 5.02%.
FRA:MBB's Return-on-Tangible-Equity is ranked better than 59.38% of 549
companies
in the Conglomerates industry
Industry Median: 7.44
vs FRA:MBB: 9.78
MBB SE (FRA:MBB) 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.
MBB SE Return-on-Tangible-Equity Related Terms
MBB SE Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MBB SE'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:MBB vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, MBB SE'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.
MBB SE Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, MBB SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MBB SE'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.08% mean?
MBB SE (FRA:MBB) has a Return-on-Tangible-Equity of 5.08% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on MBB SE and its competitors. This is near median its historical median of 5.02. According to the industry distribution chart, MBB SE ranks #223 out of 549 companies in the Conglomerates industry, placing it in the top 40.6%.
Is MBB SE's Return-on-Tangible-Equity too high?
MBB SE's current Return-on-Tangible-Equity of 5.08% is near median its 10-year median of 5.02. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. MBB SE's value of 5.08% is 31.7% below this industry median. Based on the distribution chart, MBB SE ranks #223 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, MBB SE has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBB SE's Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBB SE ranks #223 out of 549 companies for Return-on-Tangible-Equity. This puts MBB SE in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. MBB SE's value of 5.08% is 31.7% below this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 7.44, MBB SE 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. MBB SE's current Return-on-Tangible-Equity of 5.08% is 31.7% 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 MBB SE and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBB SE's current Return-on-Tangible-Equity is 5.08%, which is near median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBB SE stock overvalued right now?
Based on GuruFocus' analysis, MBB SE (FRA:MBB) is currently considered Significantly Overvalued. The stock's GF Value™ is €132.47, compared to a current price of €175.20 — trading 32.3% above its estimated fair value. The current Return-on-Tangible-Equity is 5.08%, which is near median its 10-year median of 5.02 and 31.7% below the Conglomerates industry median of 7.44. MBB SE's overall GF Score™ is 93/100 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 MBB SE (FRA:MBB), the current Return-on-Tangible-Equity is 5.08% as of Mar. 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 MBB SE (FRA:MBB) Overvalued in 2026?
Based on GuruFocus' analysis, MBB SE stock appears to be overvalued.
The current stock price of €175.20 is trading 32.3% above its estimated GF Value™ of €132.47.
GuruFocus considers MBB SE to be Significantly Overvalued.
Key valuation signals for FRA:MBB:
Return-on-Tangible-Equity: 5.08% (near median its 10-year median of 5.02)
GF Value™: €132.47 vs. price of €175.20 (32.3% above fair value)
Industry Position: 31.7% below the Conglomerates median (#223 of 549)
No single metric tells the full story. See the FRA:MBB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBB SE is a medium-sized, family-owned company specializing in the acquisition and management of medium-sized industrial companies with considerable technology and engineering expertise. It concentrates on energy transition, e-mobility, cybersecurity, and ecological materials through its subsidiaries. The MBB Group comprises the following reportable segments: Friedrich Vorwerk, Aumann, DTS, Delignit. Aumann AG: Specialized in e-mobility and automation, Friedrich Vorwerk: Focused on energy infrastructure, including gas, power grids, and hydrogen. DTS IT AG: Provides cybersecurity and cloud computing services. Delignit AG: Produces ecological hardwood-based materials and Hanke Tissue: Produces consumer goods like mattresses and tissue paper.
93GF Score
Get the complete analysis for FRA:MBB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MBB has been successfully added to your 
