Wing Tai Properties (FRA:USH) Return-on-Tangible-Asset: -3.29% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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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.

FRA:USH Wing Tai Properties Ltd FRA:USH
56 GF Score
Price €0.20
GF Value €0.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Wing Tai Properties Return-on-Tangible-Asset?

Wing Tai Properties FRA:USH 56 Return-on-Tangible-Asset is -3.29% as of Dec. 2025. GuruFocus rates FRA:USH with a GF Score™ of 56/100 and a GF Value™ of €0.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,800 Real Estate companies, Wing Tai Properties ranks worse than 76.78% 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. Wing Tai Properties's annualized Net Income for the quarter that ended in Dec. 2025 was €-108.0 Mil. Wing Tai Properties's average total tangible assets for the quarter that ended in Dec. 2025 was €3,282.2 Mil. Therefore, Wing Tai Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -3.29%.

The historical rank and industry rank for Wing Tai Properties's Return-on-Tangible-Asset or its related term are showing as below:

FRA:USH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.66   Med: -0.22   Max: 6.04
Current: -1.85

During the past 13 years, Wing Tai Properties's highest Return-on-Tangible-Asset was 6.04%. The lowest was -7.66%. And the median was -0.22%.

FRA:USH's Return-on-Tangible-Asset is ranked worse than
76.78% of 1800 companies
in the Real Estate industry
Industry Median: 1.795 vs FRA:USH: -1.85

Wing Tai Properties  (FRA:USH) 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 company’s 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 company’s 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.


Wing Tai Properties Return-on-Tangible-Asset Related Terms


Wing Tai Properties Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Wing Tai Properties'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.

Wing Tai Properties Return-on-Tangible-Asset Chart

Wing Tai Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 -1.33 -2.33 -7.84 -5.11

Wing Tai Properties Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset 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 -7.90 -7.60 -7.16 -3.29 -0.41

Wing Tai Properties Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, Wing Tai Properties'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.


Wing Tai Properties Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Properties's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Wing Tai Properties's Return-on-Tangible-Asset falls into.


FRA:USH
56GF Score
Wing Tai Properties Ltd FRA:USH
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing Tai Properties Return-on-Tangible-Asset Calculation

Wing Tai Properties's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-180.715/( (3819.005+3257.269)/ 2 )
=-180.715/3538.137
=-5.11 %

Wing Tai Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-108.024/( (3307.063+3257.269)/ 2 )
=-108.024/3282.166
=-3.29 %

* 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 -3.29% mean?
Wing Tai Properties (FRA:USH) has a Return-on-Tangible-Asset of -3.29% 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 Wing Tai Properties and its competitors. According to the industry distribution chart, Wing Tai Properties ranks #1382 out of 1800 companies in the Real Estate industry, placing it in the top 76.8%.
Is Wing Tai Properties' Return-on-Tangible-Asset too high?
Wing Tai Properties' current Return-on-Tangible-Asset is -3.29%. Based on the distribution chart, Wing Tai Properties ranks #1382 out of 1800 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Wing Tai Properties has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing Tai Properties' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Wing Tai Properties ranks #1382 out of 1800 companies for Return-on-Tangible-Asset. This places Wing Tai Properties in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.80. 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 1.80, based on 1,800 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 Wing Tai Properties and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wing Tai Properties's current Return-on-Tangible-Asset is -3.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing Tai Properties stock overvalued right now?
Based on GuruFocus' analysis, Wing Tai Properties (FRA:USH) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.15, compared to a current price of €0.20 — trading 32.7% above its estimated fair value. The current Return-on-Tangible-Asset is -3.29%. Wing Tai Properties' overall GF Score™ is 56/100 with 5 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 Wing Tai Properties (FRA:USH), the current Return-on-Tangible-Asset is -3.29% 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 Wing Tai Properties (FRA:USH) Overvalued in 2026?

Based on GuruFocus' analysis, Wing Tai Properties stock appears to be overvalued. The current stock price of €0.20 is trading 32.7% above its estimated GF Value™ of €0.15. GuruFocus considers Wing Tai Properties to be Significantly Overvalued.

Key valuation signals for FRA:USH:

  • Return-on-Tangible-Asset: -3.29%
  • GF Value™: €0.15 vs. price of €0.20 (32.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


Wing Tai Properties Business Description

Other Exchanges 00369:Hong Kong
Address Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through the following segments; Property Development which generates key revenue, Property Investment & Management, Hospitality Investment & Management, and Others. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, Chinese Mainland, Singapore and Others, of which the majority of its revenue comes from Hong Kong.
56GF Score

Get the complete analysis for FRA:USH

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

€0.20
Price
€0.15
GF Value