Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
RF IndustriesFRA:RF5 +0.55%57 Return-on-Tangible-Equity is 20.37% as of Apr. 2026, which is 1267% above its 10-year median of 1.49. GuruFocus rates FRA:RF5 with a GF Score™ of 57/100 and a GF Value™ of €4.25 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,983 Industrial Products companies, RF Industries ranks better than 57.66% 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. RF Industries's annualized net income for the quarter that ended in Apr. 2026 was €3.01 Mil. RF Industries's average shareholder tangible equity for the quarter that ended in Apr. 2026 was €14.77 Mil. Therefore, RF Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 20.37%.
The historical rank and industry rank for RF Industries's Return-on-Tangible-Equity or its related term are showing as below:
FRA:RF5'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -44.28 Med: 1.49 Max: 27.76
Current: 8.83
During the past 13 years, RF Industries's highest Return-on-Tangible-Equity was 27.76%. The lowest was -44.28%. And the median was 1.49%.
FRA:RF5's Return-on-Tangible-Equity is ranked better than 57.66% of 2983
companies
in the Industrial Products industry
Industry Median: 7.16
vs FRA:RF5: 8.83
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.
RF Industries Return-on-Tangible-Equity Related Terms
RF Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for RF Industries'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:RF5 vs UTKN, NEOV, SKYX: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, RF Industries'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.
RF Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RF Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RF Industries'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.37% mean?
RF Industries (FRA:RF5) has a Return-on-Tangible-Equity of 20.37% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RF Industries and its competitors. This is 1267% above median its historical median of 1.49. According to the industry distribution chart, RF Industries ranks #1263 out of 2983 companies in the Industrial Products industry, placing it in the top 42.3%.
Is RF Industries' Return-on-Tangible-Equity too high?
RF Industries' current Return-on-Tangible-Equity of 20.37% is 1267% above median its 10-year median of 1.49. The Industrial Products industry median Return-on-Tangible-Equity is 7.16. RF Industries' value of 20.37% is 184.5% above this industry median. Based on the distribution chart, RF Industries ranks #1263 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, RF Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RF Industries' Return-on-Tangible-Equity compare to UTKN and NEOV?
According to the Industrial Products industry distribution chart, RF Industries ranks #1263 out of 2983 companies for Return-on-Tangible-Equity. This puts RF Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.16. RF Industries' value of 20.37% is 184.5% above this benchmark. While the company's 10-year median is 1.49 vs. the industry median of 7.16, RF Industries 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.16, based on 2,983 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. RF Industries's current Return-on-Tangible-Equity of 20.37% is 184.5% 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 RF Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RF Industries's current Return-on-Tangible-Equity is 20.37%, which is 1267% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RF Industries stock overvalued right now?
Based on GuruFocus' analysis, RF Industries (FRA:RF5) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.25, compared to a current price of €9.10 — trading 114.1% above its estimated fair value. The current Return-on-Tangible-Equity is 20.37%, which is 1267% above median its 10-year median of 1.49 and 184.5% above the Industrial Products industry median of 7.16. RF Industries' overall GF Score™ is 57/100 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 RF Industries (FRA:RF5), the current Return-on-Tangible-Equity is 20.37% as of Apr. 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 RF Industries (FRA:RF5) Overvalued in 2026?
Based on GuruFocus' analysis, RF Industries stock appears to be overvalued.
The current stock price of €9.10 is trading 114.1% above its estimated GF Value™ of €4.25.
GuruFocus considers RF Industries to be Significantly Overvalued.
Key valuation signals for FRA:RF5:
Return-on-Tangible-Equity: 20.37% (1267% above median its 10-year median of 1.49)
GF Value™: €4.25 vs. price of €9.10 (114.1% above fair value)
Industry Position: 184.5% above the Industrial Products median (#1263 of 2983)
No single metric tells the full story. See the FRA:RF5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The company has one operating segment. The company operates in Canada, Germany, China, the USA, and the United Kingdom, and Others.
57GF Score
Get the complete analysis for FRA:RF5
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:RF5 has been successfully added to your 
