Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FRP HoldingsFRPH -0.68%73 Return-on-Tangible-Equity is -0.25% as of Jun. 2026. GuruFocus rates FRPH with a GF Score™ of 73/100 and a GF Value™ of $29.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,715 Real Estate companies, FRP Holdings ranks worse than 71.55% 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. FRP Holdings's annualized net income for the quarter that ended in Jun. 2026 was $-1.04 Mil. FRP Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $421.67 Mil. Therefore, FRP Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -0.25%.
The historical rank and industry rank for FRP Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRPH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.02 Med: 3.9 Max: 40.94
Current: 0.02
During the past 13 years, FRP Holdings's highest Return-on-Tangible-Equity was 40.94%. The lowest was 0.02%. And the median was 3.90%.
FRPH's Return-on-Tangible-Equity is ranked worse than 71.55% of 1715
companies
in the Real Estate industry
Industry Median: 4.54
vs FRPH: 0.02
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.
FRP Holdings Return-on-Tangible-Equity Related Terms
FRP Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FRP Holdings'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.
FRPH vs REAX, TCI, RMR: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, FRP Holdings'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.
FRP Holdings Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FRP Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FRP Holdings'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 (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 -0.25% mean?
FRP Holdings (FRPH) has a Return-on-Tangible-Equity of -0.25% 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 FRP Holdings and its competitors. Over the past decade, FRP Holdings' Return-on-Tangible-Equity has ranged from 0.02 to 40.94. According to the industry distribution chart, FRP Holdings ranks #1227 out of 1715 companies in the Real Estate industry, placing it in the top 71.5%.
Is FRP Holdings' Return-on-Tangible-Equity too high?
FRP Holdings' current Return-on-Tangible-Equity is -0.25%. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 40.94. Based on the distribution chart, FRP Holdings ranks #1227 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, FRP Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FRP Holdings' Return-on-Tangible-Equity compare to REAX and TCI?
According to the Real Estate industry distribution chart, FRP Holdings ranks #1227 out of 1715 companies for Return-on-Tangible-Equity. This places FRP Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.54. Historically, FRP Holdings' own Return-on-Tangible-Equity has ranged from 0.02 to 40.94 over the past decade. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.54, based on 1,715 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. 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 FRP Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRP Holdings's current Return-on-Tangible-Equity is -0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRP Holdings stock overvalued right now?
Based on GuruFocus' analysis, FRP Holdings (FRPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.41, compared to a current price of $21.90 — trading 25.5% below its estimated fair value. The current Return-on-Tangible-Equity is -0.25%. FRP Holdings' overall GF Score™ is 73/100 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 FRP Holdings (FRPH), the current Return-on-Tangible-Equity is -0.25% 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 FRP Holdings (FRPH) Overvalued in 2026?
Based on GuruFocus' analysis, FRP Holdings stock appears to be undervalued.
The current stock price of $21.90 is trading 25.5% below its estimated GF Value™ of $29.41.
GuruFocus considers FRP Holdings to be Modestly Undervalued.
Key valuation signals for FRPH:
Return-on-Tangible-Equity: -0.25%
GF Value™: $29.41 vs. price of $21.90 (25.5% below fair value)
No single metric tells the full story. See the FRPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Industrial/Commercial Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, industrial, and office (the Development Segment), and (iv) management of mixed-use residential/retail properties owned through joint ventures.
73GF Score
Get the complete analysis for FRPH
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
FRPH has been successfully added to your 
