ForFarmers NVFRFBF 60 Return-on-Tangible-Equity is 23.18% as of Dec. 2025, which is 110% above its 10-year median of 11.02. GuruFocus rates FRFBF with a GF Score™ of 60/100 and a GF Value™ of $1.58. The stock has 4 warning signs investors should review. Among 1,872 Consumer Packaged Goods companies, ForFarmers NV ranks better than 82.69% 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. ForFarmers NV's annualized net income for the quarter that ended in Dec. 2025 was $62 Mil. ForFarmers NV's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $266 Mil. Therefore, ForFarmers NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 23.18%.
The historical rank and industry rank for ForFarmers NV's Return-on-Tangible-Equity or its related term are showing as below:
FRFBF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.44 Med: 11.02 Max: 22.47
Current: 22.47
During the past 13 years, ForFarmers NV's highest Return-on-Tangible-Equity was 22.47%. The lowest was -0.44%. And the median was 11.02%.
FRFBF's Return-on-Tangible-Equity is ranked better than 82.69% of 1872
companies
in the Consumer Packaged Goods industry
Industry Median: 7.715
vs FRFBF: 22.47
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.
ForFarmers NV Return-on-Tangible-Equity Related Terms
ForFarmers NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ForFarmers NV'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.
FRFBF vs KHC, GIS, HRL: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, ForFarmers NV'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.
ForFarmers NV Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, ForFarmers NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ForFarmers NV'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 23.18% mean?
ForFarmers NV (FRFBF) has a Return-on-Tangible-Equity of 23.18% 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 ForFarmers NV and its competitors. This is 110% above median its historical median of 11.02. According to the industry distribution chart, ForFarmers NV ranks #324 out of 1872 companies in the Consumer Packaged Goods industry, placing it in the top 17.3%.
Is ForFarmers NV's Return-on-Tangible-Equity too high?
ForFarmers NV's current Return-on-Tangible-Equity of 23.18% is 110% above median its 10-year median of 11.02. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.72. ForFarmers NV's value of 23.18% is 200.5% above this industry median. Based on the distribution chart, ForFarmers NV ranks #324 out of 1872 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, ForFarmers NV has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does ForFarmers NV's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ForFarmers NV ranks #324 out of 1872 companies for Return-on-Tangible-Equity. This places ForFarmers NV in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.72. ForFarmers NV's value of 23.18% is 200.5% above this benchmark. While the company's 10-year median is 11.02 vs. the industry median of 7.72, ForFarmers NV 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,872 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. ForFarmers NV's current Return-on-Tangible-Equity of 23.18% is 200.5% 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 ForFarmers NV and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ForFarmers NV's current Return-on-Tangible-Equity is 23.18%, which is 110% above median its own 10-year median of 11.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ForFarmers NV stock overvalued right now?
ForFarmers NV (FRFBF) has a current Return-on-Tangible-Equity of 23.18%. The stock's GF Value™ is $1.58, compared to a current price of $3.17 — trading 100.6% above its estimated fair value. The current Return-on-Tangible-Equity is 23.18%, which is 110% above median its 10-year median of 11.02 and 200.5% above the Consumer Packaged Goods industry median of 7.72. ForFarmers NV's overall GF Score™ is 60/100 with 4 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 ForFarmers NV (FRFBF), the current Return-on-Tangible-Equity is 23.18% 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 ForFarmers NV (FRFBF) Overvalued in 2026?
Based on GuruFocus' analysis, ForFarmers NV stock appears to be overvalued.
The current stock price of $3.17 is trading 100.6% above its estimated GF Value™ of $1.58.
Key valuation signals for FRFBF:
Return-on-Tangible-Equity: 23.18% (110% above median its 10-year median of 11.02)
GF Value™: $1.58 vs. price of $3.17 (100.6% above fair value)
Industry Position: 200.5% above the Consumer Packaged Goods median (#324 of 1872)
No single metric tells the full story. See the FRFBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ForFarmers NV is an animal nutrition company. Its core business is the supply of high-quality feed solutions at competitive prices for livestock farming. The Company provides compound feed, specialties, feed additives, and co-products, supported by formulation, nutrition, innovation, procurement, feed milling, logistics, and delivery, and on-farm advisory services. Feed solutions are offered for ruminants, pigs, poultry, and horses, with activities also including organic feed through Reudink and residual flows through Van Triest CirQlar. The Company operates across the Netherlands, Germany, the United Kingdom, Poland, Belgium, and other countries, with the majority of its revenue generated in the Netherlands.
60GF Score
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