Fast Retailing CoFRCOF +0.10%91 Return-on-Tangible-Equity is 21.36% as of Feb. 2026, which is 9% above its 10-year median of 19.61. GuruFocus rates FRCOF with a GF Score™ of 91/100 and a GF Value™ of $340.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,058 Retail - Cyclical companies, Fast Retailing Co ranks better than 73.53% 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. Fast Retailing Co's annualized net income for the quarter that ended in Feb. 2026 was $3,400 Mil. Fast Retailing Co's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $15,916 Mil. Therefore, Fast Retailing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 21.36%.
The historical rank and industry rank for Fast Retailing Co's Return-on-Tangible-Equity or its related term are showing as below:
FRCOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.97 Med: 19.61 Max: 21.71
Current: 21.34
During the past 13 years, Fast Retailing Co's highest Return-on-Tangible-Equity was 21.71%. The lowest was 7.97%. And the median was 19.61%.
FRCOF's Return-on-Tangible-Equity is ranked better than 73.53% of 1058
companies
in the Retail - Cyclical industry
Industry Median: 8.4
vs FRCOF: 21.34
Fast Retailing Co (OTCPK:FRCOF) 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.
Fast Retailing Co Return-on-Tangible-Equity Related Terms
Fast Retailing Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Fast Retailing 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.
FRCOF vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, Fast Retailing 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.
Fast Retailing Co Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fast Retailing 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 21.36% mean?
Fast Retailing Co (FRCOF) has a Return-on-Tangible-Equity of 21.36% 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 Fast Retailing Co and its competitors. This is near median its historical median of 19.61. Over the past decade, Fast Retailing Co's Return-on-Tangible-Equity has ranged from 7.97 to 21.71. According to the industry distribution chart, Fast Retailing Co ranks #280 out of 1058 companies in the Retail - Cyclical industry, placing it in the top 26.5%.
Is Fast Retailing Co's Return-on-Tangible-Equity too high?
Fast Retailing Co's current Return-on-Tangible-Equity of 21.36% is near median its 10-year median of 19.61. Over the past 10 years, this metric has ranged from a low of 7.97 to a high of 21.71. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.40. Fast Retailing Co's value of 21.36% is 154.3% above this industry median. Based on the distribution chart, Fast Retailing Co ranks #280 out of 1058 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Fast Retailing Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fast Retailing Co's Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Fast Retailing Co ranks #280 out of 1058 companies for Return-on-Tangible-Equity. This puts Fast Retailing Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.40. Fast Retailing Co's value of 21.36% is 154.3% above this benchmark. Historically, Fast Retailing Co's own Return-on-Tangible-Equity has ranged from 7.97 to 21.71 over the past decade. While the company's 10-year median is 19.61 vs. the industry median of 8.40, Fast Retailing 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.40, based on 1,058 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. Fast Retailing Co's current Return-on-Tangible-Equity of 21.36% is 154.3% 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 Fast Retailing Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Retailing Co's current Return-on-Tangible-Equity is 21.36%, which is near median its own 10-year median of 19.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Retailing Co stock overvalued right now?
Based on GuruFocus' analysis, Fast Retailing Co (FRCOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $340.37, compared to a current price of $518.81 — trading 52.4% above its estimated fair value. The current Return-on-Tangible-Equity is 21.36%, which is near median its 10-year median of 19.61 and 154.3% above the Retail - Cyclical industry median of 8.40. Fast Retailing Co's overall GF Score™ is 91/100 with 5 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 Fast Retailing Co (FRCOF), the current Return-on-Tangible-Equity is 21.36% 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 Fast Retailing Co (FRCOF) Overvalued in 2026?
Based on GuruFocus' analysis, Fast Retailing Co stock appears to be overvalued.
The current stock price of $518.81 is trading 52.4% above its estimated GF Value™ of $340.37.
GuruFocus considers Fast Retailing Co to be Significantly Overvalued.
Key valuation signals for FRCOF:
Return-on-Tangible-Equity: 21.36% (near median its 10-year median of 19.61)
GF Value™: $340.37 vs. price of $518.81 (52.4% above fair value)
Industry Position: 154.3% above the Retail - Cyclical median (#280 of 1058)
No single metric tells the full story. See the FRCOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fast Retailing is Japan's largest apparel company. It operates casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales and outsources almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the second-largest apparel company by sales globally in 2024 per Euromonitor, thanks to the expansion of Uniqlo International. As of February 2025, it ran 3,616 stores globally. Other brands in its portfolio include GU and acquired brands like Theory, Comptoir des Cotonniers, and Princesse tam.tam. The Yanai family owned a 40.86% stake in the firm as of July 2025.
91GF Score
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