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. SMG European Recovery SPAC SE's annualized net income for the quarter that ended in Jun. 2025 was €-0.40 Mil. SMG European Recovery SPAC SE's average shareholder tangible equity for the quarter that ended in Jun. 2025 was €-15.21 Mil. Therefore, SMG European Recovery SPAC SE's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was N/A%.
The historical rank and industry rank for SMG European Recovery SPAC SE's Return-on-Tangible-Equity or its related term are showing as below:
FRA:RCVR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
FRA:RCVR's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.65
vs FRA:RCVR: Negative Tangible Equity
SMG European Recovery SPAC SE (FRA:RCVR) 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.
SMG European Recovery SPAC SE Return-on-Tangible-Equity Related Terms
SMG European Recovery SPAC SE Return-on-Tangible-Equity Historical Data
* 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.
SMG European Recovery SPAC SE Return-on-Tangible-Equity Chart
FRA:RCVR vs AGLY, CCCX, CEPF: Return-on-Tangible-Equity Comparison
For the Shell Companies subindustry, SMG European Recovery SPAC 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.
SMG European Recovery SPAC SE Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, SMG European Recovery SPAC SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SMG European Recovery SPAC 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 two times the semi-annual (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
SMG European Recovery SPAC SE (FRA:RCVR) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SMG European Recovery SPAC SE and its competitors.
Is SMG European Recovery SPAC SE's Return-on-Tangible-Equity too high?
SMG European Recovery SPAC SE's current Return-on-Tangible-Equity is 0.00%. Overall, SMG European Recovery SPAC SE has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does SMG European Recovery SPAC SE's Return-on-Tangible-Equity compare to AGLY and CCCX?
SMG European Recovery SPAC SE's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Equity is 1.65. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.65, based on 488 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 SMG European Recovery SPAC SE and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMG European Recovery SPAC SE'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 SMG European Recovery SPAC SE stock overvalued right now?
SMG European Recovery SPAC SE (FRA:RCVR) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. SMG European Recovery SPAC SE's overall GF Score™ is 35/100 with 3 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 SMG European Recovery SPAC SE (FRA:RCVR), the current Return-on-Tangible-Equity is 0.00% as of Jun. 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.
SMG European Recovery SPAC SE Business Description
SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.
35GF Score
Get the complete analysis for FRA:RCVR
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