Tradegate AG WertpapierhandelsbankFRA:T2G 18 Return-on-Tangible-Equity is 36.28% as of Dec. 2025, which is 2% above its 10-year median of 35.46. GuruFocus rates FRA:T2G with a GF Score™ of 18/100 and a GF Value™ of €124.70 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 783 Capital Markets companies, Tradegate AG Wertpapierhandelsbank ranks better than 90.04% on this metric.
The historical rank and industry rank for Tradegate AG Wertpapierhandelsbank's Return-on-Tangible-Equity or its related term are showing as below:
FRA:T2G'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.06 Med: 35.46 Max: 116
Current: 41.54
During the past 13 years, Tradegate AG Wertpapierhandelsbank's highest Return-on-Tangible-Equity was 116.00%. The lowest was 19.06%. And the median was 35.46%.
FRA:T2G's Return-on-Tangible-Equity is ranked better than 90.04% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs FRA:T2G: 41.54
Tradegate AG Wertpapierhandelsbank (FRA:T2G) 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.
Tradegate AG Wertpapierhandelsbank Return-on-Tangible-Equity Related Terms
Tradegate AG Wertpapierhandelsbank 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.
Tradegate AG Wertpapierhandelsbank Return-on-Tangible-Equity Chart
FRA:T2G vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Tradegate AG Wertpapierhandelsbank'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.
Tradegate AG Wertpapierhandelsbank Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradegate AG Wertpapierhandelsbank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tradegate AG Wertpapierhandelsbank'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 36.28% mean?
Tradegate AG Wertpapierhandelsbank (FRA:T2G) has a Return-on-Tangible-Equity of 36.28% 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 Tradegate AG Wertpapierhandelsbank and its competitors. This is near median its historical median of 35.46. Over the past decade, Tradegate AG Wertpapierhandelsbank's Return-on-Tangible-Equity has ranged from 19.06 to 116.00. According to the industry distribution chart, Tradegate AG Wertpapierhandelsbank ranks #78 out of 783 companies in the Capital Markets industry, placing it in the top 10%.
Is Tradegate AG Wertpapierhandelsbank's Return-on-Tangible-Equity too high?
Tradegate AG Wertpapierhandelsbank's current Return-on-Tangible-Equity of 36.28% is near median its 10-year median of 35.46. Over the past 10 years, this metric has ranged from a low of 19.06 to a high of 116.00. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Tradegate AG Wertpapierhandelsbank's value of 36.28% is 462.5% above this industry median. Based on the distribution chart, Tradegate AG Wertpapierhandelsbank ranks #78 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Tradegate AG Wertpapierhandelsbank has a GF Score™ of 18/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tradegate AG Wertpapierhandelsbank's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Tradegate AG Wertpapierhandelsbank ranks #78 out of 783 companies for Return-on-Tangible-Equity. This places Tradegate AG Wertpapierhandelsbank in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.45. Tradegate AG Wertpapierhandelsbank's value of 36.28% is 462.5% above this benchmark. Historically, Tradegate AG Wertpapierhandelsbank's own Return-on-Tangible-Equity has ranged from 19.06 to 116.00 over the past decade. While the company's 10-year median is 35.46 vs. the industry median of 6.45, Tradegate AG Wertpapierhandelsbank 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Tradegate AG Wertpapierhandelsbank's current Return-on-Tangible-Equity of 36.28% is 462.5% 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 Tradegate AG Wertpapierhandelsbank and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradegate AG Wertpapierhandelsbank's current Return-on-Tangible-Equity is 36.28%, which is near median its own 10-year median of 35.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradegate AG Wertpapierhandelsbank stock overvalued right now?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank (FRA:T2G) is currently considered Possible Value Trap. The stock's GF Value™ is €124.70, compared to a current price of €85.00 — trading 31.8% below its estimated fair value. The current Return-on-Tangible-Equity is 36.28%, which is near median its 10-year median of 35.46 and 462.5% above the Capital Markets industry median of 6.45. Tradegate AG Wertpapierhandelsbank's overall GF Score™ is 18/100 with 1 warning sign 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G), the current Return-on-Tangible-Equity is 36.28% 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G) Overvalued in 2026?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank stock appears to be undervalued.
The current stock price of €85.00 is trading 31.8% below its estimated GF Value™ of €124.70.
GuruFocus considers Tradegate AG Wertpapierhandelsbank to be Possible Value Trap.
Key valuation signals for FRA:T2G:
Return-on-Tangible-Equity: 36.28% (near median its 10-year median of 35.46)
GF Value™: €124.70 vs. price of €85.00 (31.8% below fair value)
Industry Position: 462.5% above the Capital Markets median (#78 of 783)
No single metric tells the full story. See the FRA:T2G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tradegate AG Wertpapierhandelsbank Business Description
Tradegate AG Wertpapierhandelsbank is a Germany-based company. It is engaged in providing banking and financial services. In addition to retail banking, the company focuses on the trading of several domestic and foreign securities on the Tradegate Exchange, and the Frankfurt and Berlin stock exchanges. The company's main business activity consists of market specialist activities and market making; it acts as a Market Specialist on the Tradegate Exchange and the Frankfurt Stock Exchange and as an order book manager on the Berlin Stock Exchange. It extends its services to the securities listing on the stock exchanges in Munich, Stuttgart, Hamburg, Hanover, and Dusseldorf.
18GF Score
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