Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Guolian Minsheng Securities CoFRA:34V -0.51%59 Return-on-Tangible-Asset is 0.55% as of Dec. 2025, which is 63% below its 10-year median of 1.49. GuruFocus rates FRA:34V with a GF Score™ of 59/100 and a GF Value™ of €0.50 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 814 Capital Markets companies, Guolian Minsheng Securities Co ranks worse than 62.9% on this metric.
Guolian Minsheng Securities Co (FRA:34V) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Guolian Minsheng Securities Co Return-on-Tangible-Asset Related Terms
Guolian Minsheng Securities Co Return-on-Tangible-Asset 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.
Guolian Minsheng Securities Co Return-on-Tangible-Asset Chart
FRA:34V vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Guolian Minsheng Securities Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Guolian Minsheng Securities Co Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Guolian Minsheng Securities Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Guolian Minsheng Securities Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.55% mean?
Guolian Minsheng Securities Co (FRA:34V) has a Return-on-Tangible-Asset of 0.55% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Guolian Minsheng Securities Co and its competitors. This is 63% below median its historical median of 1.49. Over the past decade, Guolian Minsheng Securities Co's Return-on-Tangible-Asset has ranged from 0.22 to 2.13. According to the industry distribution chart, Guolian Minsheng Securities Co ranks #512 out of 814 companies in the Capital Markets industry, placing it in the top 62.9%.
Is Guolian Minsheng Securities Co's Return-on-Tangible-Asset too high?
Guolian Minsheng Securities Co's current Return-on-Tangible-Asset of 0.55% is 63% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.13. The Capital Markets industry median Return-on-Tangible-Asset is 1.59. Guolian Minsheng Securities Co's value of 0.55% is 65.4% below this industry median. Based on the distribution chart, Guolian Minsheng Securities Co ranks #512 out of 814 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Guolian Minsheng Securities Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guolian Minsheng Securities Co's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Guolian Minsheng Securities Co ranks #512 out of 814 companies for Return-on-Tangible-Asset. This places Guolian Minsheng Securities Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.59. Guolian Minsheng Securities Co's value of 0.55% is 65.4% below this benchmark. Historically, Guolian Minsheng Securities Co's own Return-on-Tangible-Asset has ranged from 0.22 to 2.13 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.59, Guolian Minsheng Securities Co has consistently been below 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-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.59, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guolian Minsheng Securities Co's current Return-on-Tangible-Asset of 0.55% is 65.4% below 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Guolian Minsheng Securities Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guolian Minsheng Securities Co's current Return-on-Tangible-Asset is 0.55%, which is 63% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guolian Minsheng Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Guolian Minsheng Securities Co (FRA:34V) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.50, compared to a current price of €0.39 — trading 21.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.55%, which is 63% below median its 10-year median of 1.49 and 65.4% below the Capital Markets industry median of 1.59. Guolian Minsheng Securities Co's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Guolian Minsheng Securities Co (FRA:34V), the current Return-on-Tangible-Asset is 0.55% as of Dec. 2025. 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 Guolian Minsheng Securities Co (FRA:34V) Overvalued in 2026?
Based on GuruFocus' analysis, Guolian Minsheng Securities Co stock appears to be undervalued.
The current stock price of €0.39 is trading 21.2% below its estimated GF Value™ of €0.50.
GuruFocus considers Guolian Minsheng Securities Co to be Modestly Undervalued.
Key valuation signals for FRA:34V:
Return-on-Tangible-Asset: 0.55% (63% below median its 10-year median of 1.49)
GF Value™: €0.50 vs. price of €0.39 (21.2% below fair value)
Industry Position: 65.4% below the Capital Markets median (#512 of 814)
No single metric tells the full story. See the FRA:34V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guolian Minsheng Securities Co Ltd is a China-based financial institution. The company's operating segments include Brokerage and wealth management, Credit transactions, Investment banking, Proprietary trading, Asset management and investment, and Other businesses. It generates maximum revenue from the Brokerage and wealth management segment and the Proprietary trading segment. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation. The Proprietary trading segment includes trading in financial products.
59GF Score
Get the complete analysis for FRA:34V
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:34V has been successfully added to your 
