Tennant Co (FRA:TN1) Return-on-Tangible-Equity: 11.17% (As of Jun. 2026) — 70% Below Median

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FRA:TN1 Tennant Co FRA:TN1
83 GF Score
Price €56.30
GF Value €73.50
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tennant Co Return-on-Tangible-Equity?

Tennant Co FRA:TN1 -1.83% 83 Return-on-Tangible-Equity is 11.17% as of Jun. 2026, which is 70% below its 10-year median of 37.34. GuruFocus rates FRA:TN1 with a GF Score™ of 83/100 and a GF Value™ of €73.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,977 Industrial Products companies, Tennant Co ranks worse than 55.59% 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. Tennant Co's annualized net income for the quarter that ended in Jun. 2026 was €26 Mil. Tennant Co's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €236 Mil. Therefore, Tennant Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 11.17%.

The historical rank and industry rank for Tennant Co's Return-on-Tangible-Equity or its related term are showing as below:

FRA:TN1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.56   Med: 37.34   Max: 744.72
Current: 5.55

During the past 13 years, Tennant Co's highest Return-on-Tangible-Equity was 744.72%. The lowest was -6.56%. And the median was 37.34%.

FRA:TN1's Return-on-Tangible-Equity is ranked worse than
55.59% of 2977 companies
in the Industrial Products industry
Industry Median: 7.01 vs FRA:TN1: 5.55

Tennant Co  (FRA:TN1) 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.


Tennant Co Return-on-Tangible-Equity Related Terms


Tennant Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tennant Co'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.

Tennant Co Return-on-Tangible-Equity Chart

Tennant Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.27 38.30 40.17 24.26 11.50

Tennant Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.56 15.48 -4.92 0.26 11.17

FRA:TN1 vs AMSC, BW, EPAC: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Tennant Co'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.


Tennant Co Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tennant Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tennant Co's Return-on-Tangible-Equity falls into.


FRA:TN1
83GF Score
Tennant Co FRA:TN1
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tennant Co Return-on-Tangible-Equity Calculation

Tennant Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=37.405/( (359.557+290.701 )/ 2 )
=37.405/325.129
=11.50 %

Tennant Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=26.388/( (232.512+240.002)/ 2 )
=26.388/236.257
=11.17 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 11.17% mean?
Tennant Co (FRA:TN1) has a Return-on-Tangible-Equity of 11.17% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tennant Co and its competitors. This is 70% below median its historical median of 37.34. According to the industry distribution chart, Tennant Co ranks #1655 out of 2977 companies in the Industrial Products industry, placing it in the top 55.6%.
Is Tennant Co's Return-on-Tangible-Equity too high?
Tennant Co's current Return-on-Tangible-Equity of 11.17% is 70% below median its 10-year median of 37.34. The Industrial Products industry median Return-on-Tangible-Equity is 7.01. Tennant Co's value of 11.17% is 59.3% above this industry median. Based on the distribution chart, Tennant Co ranks #1655 out of 2977 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tennant Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's Return-on-Tangible-Equity compare to AMSC and BW?
According to the Industrial Products industry distribution chart, Tennant Co ranks #1655 out of 2977 companies for Return-on-Tangible-Equity. This places Tennant Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.01. Tennant Co's value of 11.17% is 59.3% above this benchmark. While the company's 10-year median is 37.34 vs. the industry median of 7.01, Tennant Co 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 7.01, based on 2,977 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. Tennant Co's current Return-on-Tangible-Equity of 11.17% is 59.3% 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 Tennant Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tennant Co's current Return-on-Tangible-Equity is 11.17%, which is 70% below median its own 10-year median of 37.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (FRA:TN1) is currently considered Modestly Undervalued. The stock's GF Value™ is €73.50, compared to a current price of €56.30 — trading 23.4% below its estimated fair value. The current Return-on-Tangible-Equity is 11.17%, which is 70% below median its 10-year median of 37.34 and 59.3% above the Industrial Products industry median of 7.01. Tennant Co's overall GF Score™ is 83/100 with 6 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 Tennant Co (FRA:TN1), the current Return-on-Tangible-Equity is 11.17% as of Jun. 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 Tennant Co (FRA:TN1) Overvalued in 2026?

Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued. The current stock price of €56.30 is trading 23.4% below its estimated GF Value™ of €73.50. GuruFocus considers Tennant Co to be Modestly Undervalued.

Key valuation signals for FRA:TN1:

  • Return-on-Tangible-Equity: 11.17% (70% below median its 10-year median of 37.34)
  • GF Value™: €73.50 vs. price of €56.30 (23.4% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 59.3% above the Industrial Products median (#1655 of 2977)

No single metric tells the full story. See the FRA:TN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tennant Co Business Description

Other Exchanges TNC:USATN1:Germany
Address 10400 Clean Street, Eden Prairie, MN, USA, 55344
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
83GF Score

Get the complete analysis for FRA:TN1

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€56.30
Price
€73.50
GF Value