Resonac HoldingsFRA:SWD -2.56%59 Return-on-Tangible-Equity is 34.61% as of Dec. 2025, which is 189% above its 10-year median of 11.98. GuruFocus rates FRA:SWD with a GF Score™ of 59/100 and a GF Value™ of €20.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,572 Chemicals companies, Resonac Holdings ranks better than 68.89% 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. Resonac Holdings's annualized net income for the quarter that ended in Dec. 2025 was €504 Mil. Resonac Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1,456 Mil. Therefore, Resonac Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 34.61%.
The historical rank and industry rank for Resonac Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:SWD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -53.69 Med: 11.98 Max: 157.72
Current: 10.01
During the past 13 years, Resonac Holdings's highest Return-on-Tangible-Equity was 157.72%. The lowest was -53.69%. And the median was 11.98%.
FRA:SWD's Return-on-Tangible-Equity is ranked better than 68.89% of 1572
companies
in the Chemicals industry
Industry Median: 5.69
vs FRA:SWD: 10.01
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.
Resonac Holdings Return-on-Tangible-Equity Related Terms
Resonac Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Resonac 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:SWD vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Resonac 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.
Resonac Holdings Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Resonac Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Resonac 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 four times the quarterly (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 34.61% mean?
Resonac Holdings (FRA:SWD) has a Return-on-Tangible-Equity of 34.61% 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 Resonac Holdings and its competitors. This is 189% above median its historical median of 11.98. According to the industry distribution chart, Resonac Holdings ranks #489 out of 1572 companies in the Chemicals industry, placing it in the top 31.1%.
Is Resonac Holdings' Return-on-Tangible-Equity too high?
Resonac Holdings' current Return-on-Tangible-Equity of 34.61% is 189% above median its 10-year median of 11.98. The Chemicals industry median Return-on-Tangible-Equity is 5.69. Resonac Holdings' value of 34.61% is 508.3% above this industry median. Based on the distribution chart, Resonac Holdings ranks #489 out of 1572 companies in the Chemicals industry, which is above the industry midpoint. Overall, Resonac Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resonac Holdings' Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Resonac Holdings ranks #489 out of 1572 companies for Return-on-Tangible-Equity. This puts Resonac Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.69. Resonac Holdings' value of 34.61% is 508.3% above this benchmark. While the company's 10-year median is 11.98 vs. the industry median of 5.69, Resonac Holdings 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 a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.69, based on 1,572 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. Resonac Holdings's current Return-on-Tangible-Equity of 34.61% is 508.3% 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 Resonac Holdings and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resonac Holdings's current Return-on-Tangible-Equity is 34.61%, which is 189% above median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resonac Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resonac Holdings (FRA:SWD) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.06, compared to a current price of €95.00 — trading 373.6% above its estimated fair value. The current Return-on-Tangible-Equity is 34.61%, which is 189% above median its 10-year median of 11.98 and 508.3% above the Chemicals industry median of 5.69. Resonac Holdings' overall GF Score™ is 59/100 with 8 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 Resonac Holdings (FRA:SWD), the current Return-on-Tangible-Equity is 34.61% 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 Resonac Holdings (FRA:SWD) Overvalued in 2026?
Based on GuruFocus' analysis, Resonac Holdings stock appears to be overvalued.
The current stock price of €95.00 is trading 373.6% above its estimated GF Value™ of €20.06.
GuruFocus considers Resonac Holdings to be Significantly Overvalued.
Key valuation signals for FRA:SWD:
Return-on-Tangible-Equity: 34.61% (189% above median its 10-year median of 11.98)
GF Value™: €20.06 vs. price of €95.00 (373.6% above fair value)
Industry Position: 508.3% above the Chemicals median (#489 of 1572)
No single metric tells the full story. See the FRA:SWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The company operates through five segments. The Chemical segment includes petrochemicals such as olefins and organic chemicals, industrial gases, basic chemicals, and graphite electrodes. The Innovation Materials segment covers functional chemicals, resins, coating materials, ceramics, and aluminum specialty components. The Mobility segment provides automotive products, friction materials, powder metal products, & lithium-ion battery materials. Semiconductors and Electronic Materials segment includes front-end and back-end semiconductor materials, as well as device solutions like hard disk media and compound semiconductors. The Others segment covers energy storage devices, systems, and life science products.
59GF Score
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