Victorian Plumbing Group (LSE:VIC) Return-on-Tangible-Equity: 35.62% (As of Mar. 2026) — Near Median


LSE:VIC Victorian Plumbing Group PLC LSE:VIC
62 GF Score
Price £0.77
GF Value £0.89
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Victorian Plumbing Group Return-on-Tangible-Equity?

Victorian Plumbing Group LSE:VIC -0.90% 62 Return-on-Tangible-Equity is 35.62% as of Mar. 2026, which is 7% above its 10-year median of 33.38. GuruFocus rates LSE:VIC with a GF Score™ of 62/100 and a GF Value™ of £0.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,056 Retail - Cyclical companies, Victorian Plumbing Group ranks better than 87.78% 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. Victorian Plumbing Group's annualized net income for the quarter that ended in Mar. 2026 was £13.0 Mil. Victorian Plumbing Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was £36.5 Mil. Therefore, Victorian Plumbing Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 35.62%.

The historical rank and industry rank for Victorian Plumbing Group's Return-on-Tangible-Equity or its related term are showing as below:

LSE:VIC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.95   Med: 33.38   Max: 342.61
Current: 44.74

During the past 8 years, Victorian Plumbing Group's highest Return-on-Tangible-Equity was 342.61%. The lowest was 14.95%. And the median was 33.38%.

LSE:VIC's Return-on-Tangible-Equity is ranked better than
87.78% of 1056 companies
in the Retail - Cyclical industry
Industry Median: 8.34 vs LSE:VIC: 44.74

Victorian Plumbing Group  (LSE:VIC) 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.


Victorian Plumbing Group Return-on-Tangible-Equity Related Terms


Victorian Plumbing Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Victorian Plumbing Group'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.

Victorian Plumbing Group Return-on-Tangible-Equity Chart

Victorian Plumbing Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 74.09 26.74 27.60 14.95 39.15

Victorian Plumbing Group Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.65 5.29 28.08 52.77 35.62

LSE:VIC vs HD, LOW, FND: Return-on-Tangible-Equity Comparison

For the Home Improvement Retail subindustry, Victorian Plumbing Group'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.


Victorian Plumbing Group Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Victorian Plumbing Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Victorian Plumbing Group's Return-on-Tangible-Equity falls into.


LSE:VIC
62GF Score
Victorian Plumbing Group PLC LSE:VIC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victorian Plumbing Group Return-on-Tangible-Equity Calculation

Victorian Plumbing Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=12.9/( (28.8+37.1 )/ 2 )
=12.9/32.95
=39.15 %

Victorian Plumbing Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=13/( (37.1+35.9)/ 2 )
=13/36.5
=35.62 %

* 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 35.62% mean?
Victorian Plumbing Group (LSE:VIC) has a Return-on-Tangible-Equity of 35.62% 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 Victorian Plumbing Group and its competitors. This is near median its historical median of 33.38. Over the past decade, Victorian Plumbing Group's Return-on-Tangible-Equity has ranged from 14.95 to 342.61. According to the industry distribution chart, Victorian Plumbing Group ranks #129 out of 1056 companies in the Retail - Cyclical industry, placing it in the top 12.2%.
Is Victorian Plumbing Group's Return-on-Tangible-Equity too high?
Victorian Plumbing Group's current Return-on-Tangible-Equity of 35.62% is near median its 10-year median of 33.38. Over the past 10 years, this metric has ranged from a low of 14.95 to a high of 342.61. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. Victorian Plumbing Group's value of 35.62% is 327.1% above this industry median. Based on the distribution chart, Victorian Plumbing Group ranks #129 out of 1056 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Victorian Plumbing Group has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victorian Plumbing Group's Return-on-Tangible-Equity compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Victorian Plumbing Group ranks #129 out of 1056 companies for Return-on-Tangible-Equity. This places Victorian Plumbing Group in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.34. Victorian Plumbing Group's value of 35.62% is 327.1% above this benchmark. Historically, Victorian Plumbing Group's own Return-on-Tangible-Equity has ranged from 14.95 to 342.61 over the past decade. While the company's 10-year median is 33.38 vs. the industry median of 8.34, Victorian Plumbing Group 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 8.34, 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. Victorian Plumbing Group's current Return-on-Tangible-Equity of 35.62% is 327.1% 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 Victorian Plumbing Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victorian Plumbing Group's current Return-on-Tangible-Equity is 35.62%, which is near median its own 10-year median of 33.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorian Plumbing Group stock overvalued right now?
Based on GuruFocus' analysis, Victorian Plumbing Group (LSE:VIC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.89, compared to a current price of £0.77 — trading 13.5% below its estimated fair value. The current Return-on-Tangible-Equity is 35.62%, which is near median its 10-year median of 33.38 and 327.1% above the Retail - Cyclical industry median of 8.34. Victorian Plumbing Group's overall GF Score™ is 62/100 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 Victorian Plumbing Group (LSE:VIC), the current Return-on-Tangible-Equity is 35.62% 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 Victorian Plumbing Group (LSE:VIC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorian Plumbing Group stock appears to be undervalued. The current stock price of £0.77 is trading 13.5% below its estimated GF Value™ of £0.89. GuruFocus considers Victorian Plumbing Group to be Modestly Undervalued.

Key valuation signals for LSE:VIC:

  • Return-on-Tangible-Equity: 35.62% (near median its 10-year median of 33.38)
  • GF Value™: £0.89 vs. price of £0.77 (13.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 327.1% above the Retail - Cyclical median (#129 of 1056)

No single metric tells the full story. See the LSE:VIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victorian Plumbing Group Business Description

Other Exchanges VICl:UK637:Germany
Address 1 Sustainability Way, Farington Moss, Leyland, GBR, PR26 6TB
Victorian Plumbing Group PLC is an online retailer of bathroom products and accessories, offering a one-stop-shop solution for the entire bathroom. It offers a wide varities of products to business to customer and trade customers, with more than 125 brands across a wide spectrum of price points and it also design and develops exclusive new products in-house.
62GF Score

Get the complete analysis for LSE:VIC

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.77
Price
£0.89
GF Value