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KeringLTS:0IIH +15.88%77 Return-on-Tangible-Equity is 12.80% as of Jun. 2026, which is 91% below its 10-year median of 143.79. GuruFocus rates LTS:0IIH with a GF Score™ of 77/100 and a GF Value™ of €242.76 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Kering ranks better than 62.91% 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. Kering's annualized net income for the quarter that ended in Jun. 2026 was €378 Mil. Kering's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €2,953 Mil. Therefore, Kering's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 12.80%.
The historical rank and industry rank for Kering's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0IIH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.11 Med: 143.79 Max: 939.41
Current: -12.11
During the past 13 years, Kering's highest Return-on-Tangible-Equity was 939.41%. The lowest was -12.11%. And the median was 143.79%.
LTS:0IIH's Return-on-Tangible-Equity is ranked better than 62.91% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs LTS:0IIH: -12.11
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.
Kering Return-on-Tangible-Equity Related Terms
Kering Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kering'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.
LTS:0IIH vs TPR, SIG: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Kering'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.
Kering Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kering'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 (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 12.80% mean?
Kering (LTS:0IIH) has a Return-on-Tangible-Equity of 12.80% 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 Kering and its competitors. This is 91% below median its historical median of 143.79. According to the industry distribution chart, Kering ranks #395 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 37.1%.
Is Kering's Return-on-Tangible-Equity too high?
Kering's current Return-on-Tangible-Equity of 12.80% is 91% below median its 10-year median of 143.79. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Kering's value of 12.80% is 51.5% above this industry median. Based on the distribution chart, Kering ranks #395 out of 1065 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Kering has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kering's Return-on-Tangible-Equity compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Kering ranks #395 out of 1065 companies for Return-on-Tangible-Equity. This puts Kering in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Kering's value of 12.80% is 51.5% above this benchmark. While the company's 10-year median is 143.79 vs. the industry median of 8.45, Kering 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 8.45, based on 1,065 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. Kering's current Return-on-Tangible-Equity of 12.80% is 51.5% 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 Kering and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kering's current Return-on-Tangible-Equity is 12.80%, which is 91% below median its own 10-year median of 143.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kering stock overvalued right now?
Based on GuruFocus' analysis, Kering (LTS:0IIH) is currently considered Modestly Overvalued. The stock's GF Value™ is €242.76, compared to a current price of €289.48 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Equity is 12.80%, which is 91% below median its 10-year median of 143.79 and 51.5% above the Retail - Cyclical industry median of 8.45. Kering's overall GF Score™ is 77/100 with 11 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 Kering (LTS:0IIH), the current Return-on-Tangible-Equity is 12.80% 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 Kering (LTS:0IIH) Overvalued in 2026?
Based on GuruFocus' analysis, Kering stock appears to be overvalued.
The current stock price of €289.48 is trading 19.2% above its estimated GF Value™ of €242.76.
GuruFocus considers Kering to be Modestly Overvalued.
Key valuation signals for LTS:0IIH:
Return-on-Tangible-Equity: 12.80% (91% below median its 10-year median of 143.79)
GF Value™: €242.76 vs. price of €289.48 (19.2% above fair value)
Industry Position: 51.5% above the Retail - Cyclical median (#395 of 1065)
No single metric tells the full story. See the LTS:0IIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kering is the world's third-largest luxury goods conglomerate by revenue after LVMH and Richemont. Its flagship brand is Gucci, which accounts for over 40% of revenue and over 50% of operating profit. Its other leading brands include Bottega Veneta and Saint Laurent. McQueen, Balenciaga, and Boucheron are also part of Kering's portfolio.
77GF Score
Get the complete analysis for LTS:0IIH
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