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.
Baoye Group CoFRA:BKG +3.41%42 Return-on-Tangible-Asset is 0.70% as of Dec. 2025, which is 65% below its 10-year median of 2.01. GuruFocus rates FRA:BKG with a GF Score™ of 42/100 and a GF Value™ of €0.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,781 Construction companies, Baoye Group Co ranks worse than 68.5% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Baoye Group Co's annualizedNet Income for the quarter that ended in Dec. 2025 was €36 Mil. Baoye Group Co's average total tangible assets for the quarter that ended in Dec. 2025 was €5,160 Mil. Therefore, Baoye Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.70%.
The historical rank and industry rank for Baoye Group Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:BKG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.68 Med: 2.01 Max: 3.04
Current: 0.68
During the past 13 years, Baoye Group Co's highest Return-on-Tangible-Asset was 3.04%. The lowest was 0.68%. And the median was 2.01%.
FRA:BKG's Return-on-Tangible-Asset is ranked worse than 68.5% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs FRA:BKG: 0.68
Baoye Group Co (FRA:BKG) 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.
Baoye Group Co Return-on-Tangible-Asset Related Terms
Baoye Group Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Baoye Group Co's Return-on-Tangible-Asset 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.
FRA:BKG vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Baoye Group 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.
Baoye Group Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Baoye Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Baoye Group 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.70% mean?
Baoye Group Co (FRA:BKG) has a Return-on-Tangible-Asset of 0.70% 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 Baoye Group Co and its competitors. This is 65% below median its historical median of 2.01. Over the past decade, Baoye Group Co's Return-on-Tangible-Asset has ranged from 0.68 to 3.04. According to the industry distribution chart, Baoye Group Co ranks #1220 out of 1781 companies in the Construction industry, placing it in the top 68.5%.
Is Baoye Group Co's Return-on-Tangible-Asset too high?
Baoye Group Co's current Return-on-Tangible-Asset of 0.70% is 65% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.04. The Construction industry median Return-on-Tangible-Asset is 3.04. Baoye Group Co's value of 0.70% is 77% below this industry median. Based on the distribution chart, Baoye Group Co ranks #1220 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Baoye Group Co has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baoye Group Co's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Baoye Group Co ranks #1220 out of 1781 companies for Return-on-Tangible-Asset. This places Baoye Group Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Baoye Group Co's value of 0.70% is 77% below this benchmark. Historically, Baoye Group Co's own Return-on-Tangible-Asset has ranged from 0.68 to 3.04 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 3.04, Baoye Group 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Baoye Group Co's current Return-on-Tangible-Asset of 0.70% is 77% 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 Baoye Group Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baoye Group Co's current Return-on-Tangible-Asset is 0.70%, which is 65% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoye Group Co stock overvalued right now?
Based on GuruFocus' analysis, Baoye Group Co (FRA:BKG) is currently considered Fairly Valued. The stock's GF Value™ is €0.38, compared to a current price of €0.36 — trading 4.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.70%, which is 65% below median its 10-year median of 2.01 and 77% below the Construction industry median of 3.04. Baoye Group Co's overall GF Score™ is 42/100 with 7 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 Baoye Group Co (FRA:BKG), the current Return-on-Tangible-Asset is 0.70% 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 Baoye Group Co (FRA:BKG) Overvalued in 2026?
Based on GuruFocus' analysis, Baoye Group Co stock appears to be undervalued.
The current stock price of €0.36 is trading 4.2% below its estimated GF Value™ of €0.38.
GuruFocus considers Baoye Group Co to be Fairly Valued.
Key valuation signals for FRA:BKG:
Return-on-Tangible-Asset: 0.70% (65% below median its 10-year median of 2.01)
GF Value™: €0.38 vs. price of €0.36 (4.2% below fair value)
Industry Position: 77% below the Construction median (#1220 of 1781)
No single metric tells the full story. See the FRA:BKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baoye Group Co Ltd is engaged in construction services. The operations of the company mainly comprise construction services, the sale and installation of building materials, and the development and sale of properties in the PRC. The company's reportable segments include Construction, Property development, Building materials, and others. The company generates maximum revenue from the Construction segment.
42GF Score
Get the complete analysis for FRA:BKG
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:BKG has been successfully added to your 
