Boxer RetailJSE:BOX -1.30%18 Return-on-Tangible-Equity is 82.75% as of Feb. 2026, which is 7% below its 10-year median of 88.88. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,056 Retail - Cyclical companies, Boxer Retail ranks better than 91.1% 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. Boxer Retail's annualized net income for the quarter that ended in Feb. 2026 was R2,108 Mil. Boxer Retail's average shareholder tangible equity for the quarter that ended in Feb. 2026 was R2,548 Mil. Therefore, Boxer Retail's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 82.75%.
The historical rank and industry rank for Boxer Retail's Return-on-Tangible-Equity or its related term are showing as below:
JSE:BOX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 47.92 Med: 88.88 Max: 131.16
Current: 69.67
During the past 5 years, Boxer Retail's highest Return-on-Tangible-Equity was 131.16%. The lowest was 47.92%. And the median was 88.88%.
JSE:BOX's Return-on-Tangible-Equity is ranked better than 91.1% of 1056
companies
in the Retail - Cyclical industry
Industry Median: 8.325
vs JSE:BOX: 69.67
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.
Boxer Retail Return-on-Tangible-Equity Related Terms
Boxer Retail Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Boxer Retail'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.
JSE:BOX vs DDS, M: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, Boxer Retail'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.
Boxer Retail Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Boxer Retail'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 (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 82.75% mean?
Boxer Retail (JSE:BOX) has a Return-on-Tangible-Equity of 82.75% 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 Boxer Retail and its competitors. This is near median its historical median of 88.88. Over the past decade, Boxer Retail's Return-on-Tangible-Equity has ranged from 47.92 to 131.16. According to the industry distribution chart, Boxer Retail ranks #94 out of 1056 companies in the Retail - Cyclical industry, placing it in the top 8.9%.
Is Boxer Retail's Return-on-Tangible-Equity too high?
Boxer Retail's current Return-on-Tangible-Equity of 82.75% is near median its 10-year median of 88.88. Over the past 10 years, this metric has ranged from a low of 47.92 to a high of 131.16. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. Boxer Retail's value of 82.75% is 894% above this industry median. Based on the distribution chart, Boxer Retail ranks #94 out of 1056 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #94 out of 1056 companies for Return-on-Tangible-Equity. This places Boxer Retail in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.33. Boxer Retail's value of 82.75% is 894% above this benchmark. Historically, Boxer Retail's own Return-on-Tangible-Equity has ranged from 47.92 to 131.16 over the past decade. While the company's 10-year median is 88.88 vs. the industry median of 8.33, Boxer Retail 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 8.33, based on 1,056 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. Boxer Retail's current Return-on-Tangible-Equity of 82.75% is 894% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current Return-on-Tangible-Equity is 82.75%, which is near median its own 10-year median of 88.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Return-on-Tangible-Equity of 82.75%. The current Return-on-Tangible-Equity is 82.75%, which is near median its 10-year median of 88.88 and 894% above the Retail - Cyclical industry median of 8.33. Boxer Retail's overall GF Score™ is 18/100 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 Boxer Retail (JSE:BOX), the current Return-on-Tangible-Equity is 82.75% 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score
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