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Neo-Neon HoldingsFRA:N2L +6.86%38 Return-on-Tangible-Equity is 0.31% as of Dec. 2025, which is 79% below its 10-year median of 1.46. GuruFocus rates FRA:N2L with a GF Score™ of 38/100 and a GF Value™ of €0.02. The stock has 2 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Neo-Neon Holdings ranks worse than 67.46% 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. Neo-Neon Holdings's annualized net income for the quarter that ended in Dec. 2025 was €0.56 Mil. Neo-Neon Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €179.91 Mil. Therefore, Neo-Neon Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.31%.
The historical rank and industry rank for Neo-Neon Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:N2L'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.47 Med: 1.46 Max: 10.5
Current: 0.49
During the past 13 years, Neo-Neon Holdings's highest Return-on-Tangible-Equity was 10.50%. The lowest was -20.47%. And the median was 1.46%.
FRA:N2L's Return-on-Tangible-Equity is ranked worse than 67.46% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.01
vs FRA:N2L: 0.49
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.
Neo-Neon Holdings Return-on-Tangible-Equity Related Terms
Neo-Neon Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Neo-Neon Holdings'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:N2L vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neo-Neon Holdings'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.
Neo-Neon Holdings Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neo-Neon Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neo-Neon Holdings'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 0.31% mean?
Neo-Neon Holdings (FRA:N2L) has a Return-on-Tangible-Equity of 0.31% 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 Neo-Neon Holdings and its competitors. This is 79% below median its historical median of 1.46. According to the industry distribution chart, Neo-Neon Holdings ranks #284 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 67.5%.
Is Neo-Neon Holdings' Return-on-Tangible-Equity too high?
Neo-Neon Holdings' current Return-on-Tangible-Equity of 0.31% is 79% below median its 10-year median of 1.46. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.01. Neo-Neon Holdings' value of 0.31% is 93.8% below this industry median. Based on the distribution chart, Neo-Neon Holdings ranks #284 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Neo-Neon Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Neo-Neon Holdings' Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neo-Neon Holdings ranks #284 out of 421 companies for Return-on-Tangible-Equity. This places Neo-Neon Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.01. Neo-Neon Holdings' value of 0.31% is 93.8% below this benchmark. While the company's 10-year median is 1.46 vs. the industry median of 5.01, Neo-Neon Holdings 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.01, based on 421 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. Neo-Neon Holdings's current Return-on-Tangible-Equity of 0.31% is 93.8% 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 Neo-Neon Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo-Neon Holdings's current Return-on-Tangible-Equity is 0.31%, which is 79% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Neon Holdings stock overvalued right now?
Neo-Neon Holdings (FRA:N2L) has a current Return-on-Tangible-Equity of 0.31%. The stock's GF Value™ is €0.02, compared to a current price of €0.01 — trading 45.5% below its estimated fair value. The current Return-on-Tangible-Equity is 0.31%, which is 79% below median its 10-year median of 1.46 and 93.8% below the Furnishings, Fixtures & Appliances industry median of 5.01. Neo-Neon Holdings' overall GF Score™ is 38/100 with 2 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 Neo-Neon Holdings (FRA:N2L), the current Return-on-Tangible-Equity is 0.31% 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 Neo-Neon Holdings (FRA:N2L) Overvalued in 2026?
Based on GuruFocus' analysis, Neo-Neon Holdings stock appears to be undervalued.
The current stock price of €0.01 is trading 45.5% below its estimated GF Value™ of €0.02.
Key valuation signals for FRA:N2L:
Return-on-Tangible-Equity: 0.31% (79% below median its 10-year median of 1.46)
GF Value™: €0.02 vs. price of €0.01 (45.5% below fair value)
Industry Position: 93.8% below the Furnishings, Fixtures & Appliances median (#284 of 421)
No single metric tells the full story. See the FRA:N2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; Asia; and Other continents.
38GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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