Frontier Transport HoldingsJSE:FTH 83 Return-on-Tangible-Equity is 26.86% as of Mar. 2026, which is 21% above its 10-year median of 22.24. GuruFocus rates JSE:FTH with a GF Score™ of 83/100 and a GF Value™ of R6.74 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Frontier Transport Holdings ranks better than 81.37% 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. Frontier Transport Holdings's annualized net income for the quarter that ended in Mar. 2026 was R462 Mil. Frontier Transport Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R1,720 Mil. Therefore, Frontier Transport Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.86%.
The historical rank and industry rank for Frontier Transport Holdings's Return-on-Tangible-Equity or its related term are showing as below:
JSE:FTH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.61 Med: 22.24 Max: 29.05
Current: 22.74
During the past 10 years, Frontier Transport Holdings's highest Return-on-Tangible-Equity was 29.05%. The lowest was 16.61%. And the median was 22.24%.
JSE:FTH's Return-on-Tangible-Equity is ranked better than 81.37% of 977
companies
in the Transportation industry
Industry Median: 8.99
vs JSE:FTH: 22.74
Frontier Transport Holdings (JSE:FTH) 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.
Frontier Transport Holdings Return-on-Tangible-Equity Related Terms
Frontier Transport Holdings Return-on-Tangible-Equity Historical Data
* 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.
Frontier Transport Holdings Return-on-Tangible-Equity Chart
JSE:FTH vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Frontier Transport 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.
Frontier Transport Holdings Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Frontier Transport Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Frontier Transport 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 two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.86% mean?
Frontier Transport Holdings (JSE:FTH) has a Return-on-Tangible-Equity of 26.86% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Frontier Transport Holdings and its competitors. This is 21% above median its historical median of 22.24. Over the past decade, Frontier Transport Holdings' Return-on-Tangible-Equity has ranged from 16.61 to 29.05. According to the industry distribution chart, Frontier Transport Holdings ranks #182 out of 977 companies in the Transportation industry, placing it in the top 18.6%.
Is Frontier Transport Holdings' Return-on-Tangible-Equity too high?
Frontier Transport Holdings' current Return-on-Tangible-Equity of 26.86% is 21% above median its 10-year median of 22.24. Over the past 10 years, this metric has ranged from a low of 16.61 to a high of 29.05. The Transportation industry median Return-on-Tangible-Equity is 8.99. Frontier Transport Holdings' value of 26.86% is 198.8% above this industry median. Based on the distribution chart, Frontier Transport Holdings ranks #182 out of 977 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Frontier Transport Holdings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Transport Holdings' Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Frontier Transport Holdings ranks #182 out of 977 companies for Return-on-Tangible-Equity. This places Frontier Transport Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Frontier Transport Holdings' value of 26.86% is 198.8% above this benchmark. Historically, Frontier Transport Holdings' own Return-on-Tangible-Equity has ranged from 16.61 to 29.05 over the past decade. While the company's 10-year median is 22.24 vs. the industry median of 8.99, Frontier Transport Holdings 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 977 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. Frontier Transport Holdings's current Return-on-Tangible-Equity of 26.86% is 198.8% 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 Frontier Transport Holdings and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Transport Holdings's current Return-on-Tangible-Equity is 26.86%, which is 21% above median its own 10-year median of 22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Transport Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Transport Holdings (JSE:FTH) is currently considered Modestly Undervalued. The stock's GF Value™ is R6.74, compared to a current price of R6.00 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 26.86%, which is 21% above median its 10-year median of 22.24 and 198.8% above the Transportation industry median of 8.99. Frontier Transport Holdings' overall GF Score™ is 83/100 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 Frontier Transport Holdings (JSE:FTH), the current Return-on-Tangible-Equity is 26.86% as of Mar. 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 Frontier Transport Holdings (JSE:FTH) Overvalued in 2026?
Based on GuruFocus' analysis, Frontier Transport Holdings stock appears to be undervalued.
The current stock price of R6.00 is trading 11% below its estimated GF Value™ of R6.74.
GuruFocus considers Frontier Transport Holdings to be Modestly Undervalued.
Key valuation signals for JSE:FTH:
Return-on-Tangible-Equity: 26.86% (21% above median its 10-year median of 22.24)
GF Value™: R6.74 vs. price of R6.00 (11% below fair value)
Industry Position: 198.8% above the Transportation median (#182 of 977)
No single metric tells the full story. See the JSE:FTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontier Transport Holdings Ltd is an investment entity tailored to consolidate and expand opportunities in the mobility and logistics sectors. The company through its subsidiary provides a scheduled commuter bus operator in the Cape Metropole. The company provides services such as Public Transport, School & Private Tours, Luxury Coaches, Shuttle Services, and Parts & Spares Sales.
83GF Score
Get the complete analysis for JSE:FTH
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