Lam Soon (Hong Kong)FRA:LS9 +4.20%69 Return-on-Tangible-Asset is 9.07% as of Dec. 2025, which is 2% below its 10-year median of 9.23. GuruFocus rates FRA:LS9 with a GF Score™ of 69/100 and a GF Value™ of €0.88. The stock has 2 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Lam Soon (Hong Kong) ranks better than 71.85% 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. Lam Soon (Hong Kong)'s annualizedNet Income for the quarter that ended in Dec. 2025 was €38.6 Mil. Lam Soon (Hong Kong)'s average total tangible assets for the quarter that ended in Dec. 2025 was €426.2 Mil. Therefore, Lam Soon (Hong Kong)'s annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.07%.
The historical rank and industry rank for Lam Soon (Hong Kong)'s Return-on-Tangible-Asset or its related term are showing as below:
FRA:LS9'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.37 Med: 9.23 Max: 12.09
Current: 7.59
During the past 13 years, Lam Soon (Hong Kong)'s highest Return-on-Tangible-Asset was 12.09%. The lowest was 2.37%. And the median was 9.23%.
FRA:LS9's Return-on-Tangible-Asset is ranked better than 71.85% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs FRA:LS9: 7.59
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.
Lam Soon (Hong Kong) Return-on-Tangible-Asset Related Terms
Lam Soon (Hong Kong) Return-on-Tangible-Asset Historical Data
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The historical data trend for Lam Soon (Hong Kong)'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:LS9 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Lam Soon (Hong Kong)'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.
Lam Soon (Hong Kong) Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Hong Kong)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lam Soon (Hong Kong)'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 9.07% mean?
Lam Soon (Hong Kong) (FRA:LS9) has a Return-on-Tangible-Asset of 9.07% 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 Lam Soon (Hong Kong) and its competitors. This is near median its historical median of 9.23. Over the past decade, Lam Soon (Hong Kong)'s Return-on-Tangible-Asset has ranged from 2.37 to 12.09. According to the industry distribution chart, Lam Soon (Hong Kong) ranks #560 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 28.2%.
Is Lam Soon (Hong Kong)'s Return-on-Tangible-Asset too high?
Lam Soon (Hong Kong)'s current Return-on-Tangible-Asset of 9.07% is near median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 12.09. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.38. Lam Soon (Hong Kong)'s value of 9.07% is 168.3% above this industry median. Based on the distribution chart, Lam Soon (Hong Kong) ranks #560 out of 1989 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Lam Soon (Hong Kong) has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Lam Soon (Hong Kong)'s Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Lam Soon (Hong Kong) ranks #560 out of 1989 companies for Return-on-Tangible-Asset. This puts Lam Soon (Hong Kong) in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Lam Soon (Hong Kong)'s value of 9.07% is 168.3% above this benchmark. Historically, Lam Soon (Hong Kong)'s own Return-on-Tangible-Asset has ranged from 2.37 to 12.09 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 3.38, Lam Soon (Hong Kong) 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-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.38, based on 1,989 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. Lam Soon (Hong Kong)'s current Return-on-Tangible-Asset of 9.07% is 168.3% 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-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 Lam Soon (Hong Kong) and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Soon (Hong Kong)'s current Return-on-Tangible-Asset is 9.07%, which is near median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Soon (Hong Kong) stock overvalued right now?
Lam Soon (Hong Kong) (FRA:LS9) has a current Return-on-Tangible-Asset of 9.07%. The stock's GF Value™ is €0.88, compared to a current price of €1.24 — trading 40.9% above its estimated fair value. The current Return-on-Tangible-Asset is 9.07%, which is near median its 10-year median of 9.23 and 168.3% above the Consumer Packaged Goods industry median of 3.38. Lam Soon (Hong Kong)'s overall GF Score™ is 69/100 with 2 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 Lam Soon (Hong Kong) (FRA:LS9), the current Return-on-Tangible-Asset is 9.07% 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 Lam Soon (Hong Kong) (FRA:LS9) Overvalued in 2026?
Based on GuruFocus' analysis, Lam Soon (Hong Kong) stock appears to be overvalued.
The current stock price of €1.24 is trading 40.9% above its estimated GF Value™ of €0.88.
Key valuation signals for FRA:LS9:
Return-on-Tangible-Asset: 9.07% (near median its 10-year median of 9.23)
GF Value™: €0.88 vs. price of €1.24 (40.9% above fair value)
Industry Position: 168.3% above the Consumer Packaged Goods median (#560 of 1989)
No single metric tells the full story. See the FRA:LS9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lam Soon (Hong Kong) Ltd is an investment holding company engaged in the manufacturing of food and detergent products. The company's business segments are based on its activities and include Food and Home Care. The Food segment involves the manufacturing and distribution of food products such as flour, edible oils, and vegetable fats. The Home Care segment covers the manufacturing and distribution of household cleaning products, including liquid dishwashing detergent, laundry powder, liquid laundry detergent, fabric softener, floor cleaner, and industrial marble cleanser. The majority of its revenue is generated from the Food segment activities. It operates in Hong Kong and international markets, with the majority of its revenue derived from Mainland China.
69GF Score
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