The MiddlebyFRA:MBY +1.35%84 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates FRA:MBY with a GF Score™ of 84/100 and a GF Value™ of €127.47 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,967 Industrial Products companies, The Middleby ranks worse than 33704.04% 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. The Middleby's annualized net income for the quarter that ended in Mar. 2026 was €-173 Mil. The Middleby's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-237 Mil. Therefore, The Middleby's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for The Middleby's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MBY's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.72 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
The Middleby (FRA:MBY) 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.
The Middleby Return-on-Tangible-Equity Related Terms
The Middleby Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Middleby'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:MBY vs NPO, GTES, JBTM: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, The Middleby'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.
The Middleby Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Middleby's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Middleby'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 0.00% mean?
The Middleby (FRA:MBY) has a Return-on-Tangible-Equity of 0.00% 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 The Middleby and its competitors. According to the industry distribution chart, The Middleby ranks #999999 out of 2967 companies in the Industrial Products industry.
Is The Middleby's Return-on-Tangible-Equity too high?
The Middleby's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, The Middleby ranks #999999 out of 2967 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, The Middleby has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's Return-on-Tangible-Equity compare to NPO and GTES?
According to the Industrial Products industry distribution chart, The Middleby ranks #999999 out of 2967 companies for Return-on-Tangible-Equity. This places The Middleby in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,967 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 The Middleby and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Middleby's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €127.47, compared to a current price of €150.00 — trading 17.7% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. The Middleby's overall GF Score™ is 84/100 with 5 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 The Middleby (FRA:MBY), the current Return-on-Tangible-Equity is 0.00% 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 The Middleby (FRA:MBY) Overvalued in 2026?
Based on GuruFocus' analysis, The Middleby stock appears to be overvalued.
The current stock price of €150.00 is trading 17.7% above its estimated GF Value™ of €127.47.
GuruFocus considers The Middleby to be Modestly Overvalued.
Key valuation signals for FRA:MBY:
Return-on-Tangible-Equity: 0.00%
GF Value™: €127.47 vs. price of €150.00 (17.7% above fair value)
No single metric tells the full story. See the FRA:MBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
84GF Score
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