International Flavors & Fragrances (WBO:IFF) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


WBO:IFF International Flavors & Fragrances Inc WBO:IFF
63 GF Score
Price €67.90
GF Value €62.53
Valuation Fairly Valued
! 9 Warning Signs
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What is International Flavors & Fragrances Return-on-Tangible-Equity?

International Flavors & Fragrances WBO:IFF -6.40% 63 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates WBO:IFF with a GF Score™ of 63/100 and a GF Value™ of €62.53 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,567 Chemicals companies, International Flavors & Fragrances ranks better than 99.87% 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. International Flavors & Fragrances's annualized net income for the quarter that ended in Mar. 2026 was €585 Mil. International Flavors & Fragrances's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-53 Mil. Therefore, International Flavors & Fragrances's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for International Flavors & Fragrances's Return-on-Tangible-Equity or its related term are showing as below:

WBO:IFF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 134.28   Med: 146.52   Max: 158.76
Current: Negative Tangible Equity

During the past 13 years, International Flavors & Fragrances's highest Return-on-Tangible-Equity was 158.76%. The lowest was 134.28%. And the median was 146.52%.

WBO:IFF's Return-on-Tangible-Equity is ranked better than
99.87% of 1567 companies
in the Chemicals industry
Industry Median: 5.7 vs WBO:IFF: Negative Tangible Equity

International Flavors & Fragrances  (WBO:IFF) 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.


International Flavors & Fragrances Return-on-Tangible-Equity Related Terms


International Flavors & Fragrances Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Return-on-Tangible-Equity Chart

International Flavors & Fragrances Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 0.00 0.00 Negative Tangible Equity 0.00

International Flavors & Fragrances Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

WBO:IFF vs DD, LYB, ALB: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Return-on-Tangible-Equity falls into.


WBO:IFF
63GF Score
International Flavors & Fragrances Inc WBO:IFF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Flavors & Fragrances Return-on-Tangible-Equity Calculation

International Flavors & Fragrances's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-308.294/( (-1610.13+-134.932 )/ 2 )
=-308.294/-872.531
=N/A %

International Flavors & Fragrances'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=584.74/( (-134.932+28.545)/ 2 )
=584.74/-53.1935
=Negative Tangible Equity %

* 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 four times the quarterly (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 Negative Tangible Equity% mean?
International Flavors & Fragrances (WBO:IFF) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 International Flavors & Fragrances and its competitors. Over the past decade, International Flavors & Fragrances' Return-on-Tangible-Equity has ranged from 134.28 to 158.76. According to the industry distribution chart, International Flavors & Fragrances ranks #2 out of 1567 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is International Flavors & Fragrances' Return-on-Tangible-Equity too high?
International Flavors & Fragrances' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 134.28 to a high of 158.76. Based on the distribution chart, International Flavors & Fragrances ranks #2 out of 1567 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, International Flavors & Fragrances has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' Return-on-Tangible-Equity compare to DD and LYB?
According to the Chemicals industry distribution chart, International Flavors & Fragrances ranks #2 out of 1567 companies for Return-on-Tangible-Equity. This places International Flavors & Fragrances in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.70. Historically, International Flavors & Fragrances' own Return-on-Tangible-Equity has ranged from 134.28 to 158.76 over the past decade. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,567 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. 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 International Flavors & Fragrances and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Flavors & Fragrances's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Flavors & Fragrances stock overvalued right now?
Based on GuruFocus' analysis, International Flavors & Fragrances (WBO:IFF) is currently considered Fairly Valued. The stock's GF Value™ is €62.53, compared to a current price of €67.90 — trading 8.6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. International Flavors & Fragrances' overall GF Score™ is 63/100 with 9 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 International Flavors & Fragrances (WBO:IFF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 International Flavors & Fragrances (WBO:IFF) Overvalued in 2026?

Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued. The current stock price of €67.90 is trading 8.6% above its estimated GF Value™ of €62.53. GuruFocus considers International Flavors & Fragrances to be Fairly Valued.

Key valuation signals for WBO:IFF:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €62.53 vs. price of €67.90 (8.6% above fair value)
  • GF Score™: 63/100 with 9 warning signs

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


International Flavors & Fragrances Business Description

Address 521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations and partners with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrance producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest it in a deal expected to close in 2027.
63GF Score

Get the complete analysis for WBO:IFF

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

€67.90
Price
€62.53
GF Value