WD-40 CoFRA:WD1 -1.30%92 Return-on-Tangible-Equity is 48.17% as of Feb. 2026, which is 56% below its 10-year median of 109.46. GuruFocus rates FRA:WD1 with a GF Score™ of 92/100 and a GF Value™ of €223.47. The stock has 3 warning signs investors should review. Among 1,566 Chemicals companies, WD-40 Co ranks better than 96.74% 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. WD-40 Co's annualized net income for the quarter that ended in Feb. 2026 was €68.8 Mil. WD-40 Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was €142.7 Mil. Therefore, WD-40 Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 48.17%.
The historical rank and industry rank for WD-40 Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:WD1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 49.78 Med: 109.46 Max: 199.36
Current: 49.78
During the past 13 years, WD-40 Co's highest Return-on-Tangible-Equity was 199.36%. The lowest was 49.78%. And the median was 109.46%.
FRA:WD1's Return-on-Tangible-Equity is ranked better than 96.74% of 1566
companies
in the Chemicals industry
Industry Median: 5.69
vs FRA:WD1: 49.78
WD-40 Co (FRA:WD1) 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.
WD-40 Co Return-on-Tangible-Equity Related Terms
WD-40 Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for WD-40 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.
FRA:WD1 vs HWKN, FUL, AVNT: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, WD-40 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.
WD-40 Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, WD-40 Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WD-40 Co'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 48.17% mean?
WD-40 Co (FRA:WD1) has a Return-on-Tangible-Equity of 48.17% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on WD-40 Co and its competitors. This is 56% below median its historical median of 109.46. Over the past decade, WD-40 Co's Return-on-Tangible-Equity has ranged from 49.78 to 199.36. According to the industry distribution chart, WD-40 Co ranks #51 out of 1566 companies in the Chemicals industry, placing it in the top 3.3%.
Is WD-40 Co's Return-on-Tangible-Equity too high?
WD-40 Co's current Return-on-Tangible-Equity of 48.17% is 56% below median its 10-year median of 109.46. Over the past 10 years, this metric has ranged from a low of 49.78 to a high of 199.36. The Chemicals industry median Return-on-Tangible-Equity is 5.69. WD-40 Co's value of 48.17% is 746.6% above this industry median. Based on the distribution chart, WD-40 Co ranks #51 out of 1566 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, WD-40 Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does WD-40 Co's Return-on-Tangible-Equity compare to HWKN and FUL?
According to the Chemicals industry distribution chart, WD-40 Co ranks #51 out of 1566 companies for Return-on-Tangible-Equity. This places WD-40 Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.69. WD-40 Co's value of 48.17% is 746.6% above this benchmark. Historically, WD-40 Co's own Return-on-Tangible-Equity has ranged from 49.78 to 199.36 over the past decade. While the company's 10-year median is 109.46 vs. the industry median of 5.69, WD-40 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 a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.69, based on 1,566 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. WD-40 Co's current Return-on-Tangible-Equity of 48.17% is 746.6% 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 WD-40 Co 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. WD-40 Co's current Return-on-Tangible-Equity is 48.17%, which is 56% below median its own 10-year median of 109.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WD-40 Co stock overvalued right now?
WD-40 Co (FRA:WD1) has a current Return-on-Tangible-Equity of 48.17%. The stock's GF Value™ is €223.47, compared to a current price of €211.80 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Equity is 48.17%, which is 56% below median its 10-year median of 109.46 and 746.6% above the Chemicals industry median of 5.69. WD-40 Co's overall GF Score™ is 92/100 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 WD-40 Co (FRA:WD1), the current Return-on-Tangible-Equity is 48.17% as of Feb. 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 WD-40 Co (FRA:WD1) Overvalued in 2026?
Based on GuruFocus' analysis, WD-40 Co stock appears to be undervalued.
The current stock price of €211.80 is trading 5.2% below its estimated GF Value™ of €223.47.
Key valuation signals for FRA:WD1:
Return-on-Tangible-Equity: 48.17% (56% below median its 10-year median of 109.46)
GF Value™: €223.47 vs. price of €211.80 (5.2% below fair value)
Industry Position: 746.6% above the Chemicals median (#51 of 1566)
No single metric tells the full story. See the FRA:WD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WD-40 Co is a global marketing organization focused on developing and selling products that solve maintenance and cleaning problems internationally. It offers two product groups: maintenance products, including the flagship WD-40 Multi-Use Product, which serves as a lubricant, rust preventative, penetrant, and moisture displacer, marketed globally; and homecare and cleaning products, mainly sold in North America, the UK, and Australia. The company distributes its products through hardware stores, automotive parts outlets, industrial suppliers, mass retailers, online platforms, and specialty retailers across the Americas, EIMEA, and Asia-Pacific, with the majority of revenue generated in the Americas.
92GF Score
Get the complete analysis for FRA:WD1
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:WD1 has been successfully added to your 
