Ultimate ProductsLSE:ULTP +3.55%60 Return-on-Tangible-Equity is 37.00% as of Jan. 2026, which is 69% below its 10-year median of 117.83. GuruFocus rates LSE:ULTP with a GF Score™ of 60/100 and a GF Value™ of £1.18 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, Ultimate Products ranks better than 94.52% 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. Ultimate Products's annualized net income for the quarter that ended in Jan. 2026 was £3.4 Mil. Ultimate Products's average shareholder tangible equity for the quarter that ended in Jan. 2026 was £9.3 Mil. Therefore, Ultimate Products's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 37.00%.
The historical rank and industry rank for Ultimate Products's Return-on-Tangible-Equity or its related term are showing as below:
LSE:ULTP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 38.13 Med: 117.83 Max: 1552.07
Current: 38.13
During the past 12 years, Ultimate Products's highest Return-on-Tangible-Equity was 1,552.07%. The lowest was 38.13%. And the median was 117.83%.
LSE:ULTP's Return-on-Tangible-Equity is ranked better than 94.52% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs LSE:ULTP: 38.13
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.
Ultimate Products Return-on-Tangible-Equity Related Terms
Ultimate Products Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ultimate Products'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.
LSE:ULTP vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.
Ultimate Products Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ultimate Products'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 37.00% mean?
Ultimate Products (LSE:ULTP) has a Return-on-Tangible-Equity of 37.00% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ultimate Products and its competitors. This is 69% below median its historical median of 117.83. Over the past decade, Ultimate Products' Return-on-Tangible-Equity has ranged from 38.13 to 1,552.07. According to the industry distribution chart, Ultimate Products ranks #23 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.5%.
Is Ultimate Products' Return-on-Tangible-Equity too high?
Ultimate Products' current Return-on-Tangible-Equity of 37.00% is 69% below median its 10-year median of 117.83. Over the past 10 years, this metric has ranged from a low of 38.13 to a high of 1,552.07. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Ultimate Products' value of 37.00% is 628.3% above this industry median. Based on the distribution chart, Ultimate Products ranks #23 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Ultimate Products has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Products' Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ultimate Products ranks #23 out of 420 companies for Return-on-Tangible-Equity. This places Ultimate Products in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Ultimate Products' value of 37.00% is 628.3% above this benchmark. Historically, Ultimate Products' own Return-on-Tangible-Equity has ranged from 38.13 to 1,552.07 over the past decade. While the company's 10-year median is 117.83 vs. the industry median of 5.08, Ultimate Products 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 420 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. Ultimate Products's current Return-on-Tangible-Equity of 37.00% is 628.3% 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 Ultimate Products and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Products's current Return-on-Tangible-Equity is 37.00%, which is 69% below median its own 10-year median of 117.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Products stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Products (LSE:ULTP) is currently considered Significantly Undervalued. The stock's GF Value™ is £1.18, compared to a current price of £0.47 — trading 60.4% below its estimated fair value. The current Return-on-Tangible-Equity is 37.00%, which is 69% below median its 10-year median of 117.83 and 628.3% above the Furnishings, Fixtures & Appliances industry median of 5.08. Ultimate Products' overall GF Score™ is 60/100 with 6 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 Ultimate Products (LSE:ULTP), the current Return-on-Tangible-Equity is 37.00% as of Jan. 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 Ultimate Products (LSE:ULTP) Overvalued in 2026?
Based on GuruFocus' analysis, Ultimate Products stock appears to be undervalued.
The current stock price of £0.47 is trading 60.4% below its estimated GF Value™ of £1.18.
GuruFocus considers Ultimate Products to be Significantly Undervalued.
Key valuation signals for LSE:ULTP:
Return-on-Tangible-Equity: 37.00% (69% below median its 10-year median of 117.83)
GF Value™: £1.18 vs. price of £0.47 (60.4% below fair value)
Industry Position: 628.3% above the Furnishings, Fixtures & Appliances median (#23 of 420)
No single metric tells the full story. See the LSE:ULTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe and the Rest of the world.
60GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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