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.
KWG Group HoldingsFRA:KOU 32 Return-on-Tangible-Asset is -1.67% as of Dec. 2025. GuruFocus rates FRA:KOU with a GF Score™ of 32/100 and a GF Value™ of €0.03 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,801 Real Estate companies, KWG Group Holdings ranks worse than 78.68% 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. KWG Group Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €-295.4 Mil. KWG Group Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €17,672.8 Mil. Therefore, KWG Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -1.67%.
The historical rank and industry rank for KWG Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:KOU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.29 Med: 1.79 Max: 4.9
Current: -2.24
During the past 13 years, KWG Group Holdings's highest Return-on-Tangible-Asset was 4.90%. The lowest was -10.29%. And the median was 1.79%.
FRA:KOU's Return-on-Tangible-Asset is ranked worse than 78.68% of 1801
companies
in the Real Estate industry
Industry Median: 1.76
vs FRA:KOU: -2.24
KWG Group Holdings (FRA:KOU) 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.
KWG Group Holdings Return-on-Tangible-Asset Related Terms
KWG Group Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for KWG Group Holdings'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.
KWG Group Holdings Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, KWG Group Holdings'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.
KWG Group Holdings Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, KWG Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where KWG Group Holdings'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 -1.67% mean?
KWG Group Holdings (FRA:KOU) has a Return-on-Tangible-Asset of -1.67% 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 KWG Group Holdings and its competitors. According to the industry distribution chart, KWG Group Holdings ranks #1417 out of 1801 companies in the Real Estate industry, placing it in the top 78.7%.
Is KWG Group Holdings' Return-on-Tangible-Asset too high?
KWG Group Holdings' current Return-on-Tangible-Asset is -1.67%. Based on the distribution chart, KWG Group Holdings ranks #1417 out of 1801 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, KWG Group Holdings has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KWG Group Holdings' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, KWG Group Holdings ranks #1417 out of 1801 companies for Return-on-Tangible-Asset. This places KWG Group Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.76. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,801 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. 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 KWG Group Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KWG Group Holdings's current Return-on-Tangible-Asset is -1.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KWG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, KWG Group Holdings (FRA:KOU) is currently considered Possible Value Trap. The stock's GF Value™ is €0.03, compared to a current price of €0.00 — trading 98.3% below its estimated fair value. The current Return-on-Tangible-Asset is -1.67%. KWG Group Holdings' overall GF Score™ is 32/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For KWG Group Holdings (FRA:KOU), the current Return-on-Tangible-Asset is -1.67% 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 KWG Group Holdings (FRA:KOU) Overvalued in 2026?
Based on GuruFocus' analysis, KWG Group Holdings stock appears to be undervalued.
The current stock price of €0.00 is trading 98.3% below its estimated GF Value™ of €0.03.
GuruFocus considers KWG Group Holdings to be Possible Value Trap.
Key valuation signals for FRA:KOU:
Return-on-Tangible-Asset: -1.67%
GF Value™: €0.03 vs. price of €0.00 (98.3% below fair value)
No single metric tells the full story. See the FRA:KOU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KWG Group Holdings Ltd is a Hong Kong-based company. Along with its subsidiary, it is engaged in an urban integrated operator in China. Its key feature is a balanced portfolio offering different types of products, including medium to high-end residential properties, serviced apartments, villas, offices, hotels, and shopping malls. The company operates in three business segments: Property development, which includes the sale of properties, Property investment, which includes leasing of properties, and Hotel operation, which includes the operation of hotels. The group generates the majority of its revenue from the Property Development segment.
32GF Score
Get the complete analysis for FRA:KOU
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:KOU has been successfully added to your 
