Futu HoldingsFUTU -0.71%80 Return-on-Tangible-Asset is 1.43% as of Mar. 2026, which is 51% below its 10-year median of 2.93. GuruFocus rates FUTU with a GF Score™ of 80/100 and a GF Value™ of $161.28 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 815 Capital Markets companies, Futu Holdings ranks better than 71.53% 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. Futu Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $435 Mil. Futu Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $30,401 Mil. Therefore, Futu Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.43%.
The historical rank and industry rank for Futu Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FUTU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.18 Med: 2.93 Max: 5.86
Current: 4.58
During the past 10 years, Futu Holdings's highest Return-on-Tangible-Asset was 5.86%. The lowest was -2.18%. And the median was 2.93%.
FUTU's Return-on-Tangible-Asset is ranked better than 71.53% of 815
companies
in the Capital Markets industry
Industry Median: 1.54
vs FUTU: 4.58
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.
Futu Holdings Return-on-Tangible-Asset Related Terms
Futu Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Futu 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.
FUTU vs EVR, HUT, WULF: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Futu 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.
Futu Holdings Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Futu Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Futu 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.43% mean?
Futu Holdings (FUTU) has a Return-on-Tangible-Asset of 1.43% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Futu Holdings and its competitors. This is 51% below median its historical median of 2.93. According to the industry distribution chart, Futu Holdings ranks #232 out of 815 companies in the Capital Markets industry, placing it in the top 28.5%.
Is Futu Holdings' Return-on-Tangible-Asset too high?
Futu Holdings' current Return-on-Tangible-Asset of 1.43% is 51% below median its 10-year median of 2.93. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Futu Holdings' value of 1.43% is 7.1% below this industry median. Based on the distribution chart, Futu Holdings ranks #232 out of 815 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Futu Holdings has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Futu Holdings' Return-on-Tangible-Asset compare to EVR and HUT?
According to the Capital Markets industry distribution chart, Futu Holdings ranks #232 out of 815 companies for Return-on-Tangible-Asset. This puts Futu Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.54. Futu Holdings' value of 1.43% is 7.1% below this benchmark. While the company's 10-year median is 2.93 vs. the industry median of 1.54, Futu Holdings 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 1.54, based on 815 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. Futu Holdings's current Return-on-Tangible-Asset of 1.43% is 7.1% 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 Futu Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Futu Holdings's current Return-on-Tangible-Asset is 1.43%, which is 51% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futu Holdings (FUTU) is currently considered Possible Value Trap. The stock's GF Value™ is $161.28, compared to a current price of $96.34 — trading 40.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.43%, which is 51% below median its 10-year median of 2.93 and 7.1% below the Capital Markets industry median of 1.54. Futu Holdings' overall GF Score™ is 80/100 with 1 warning sign 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 Futu Holdings (FUTU), the current Return-on-Tangible-Asset is 1.43% as of Mar. 2026. 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 Futu Holdings (FUTU) Overvalued in 2026?
Based on GuruFocus' analysis, Futu Holdings stock appears to be undervalued.
The current stock price of $96.34 is trading 40.3% below its estimated GF Value™ of $161.28.
GuruFocus considers Futu Holdings to be Possible Value Trap.
Key valuation signals for FUTU:
Return-on-Tangible-Asset: 1.43% (51% below median its 10-year median of 2.93)
GF Value™: $161.28 vs. price of $96.34 (40.3% below fair value)
Industry Position: 7.1% below the Capital Markets median (#232 of 815)
No single metric tells the full story. See the FUTU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Futu Holdings Ltd is an online broker providing one-stop online investing services.. Through its proprietary digital platforms, Futubull and Moomoo, the Company provides a full range of investment services, including trade execution and clearing, margin financing and securities lending, and wealth management. The Group engages in online brokerage services and margin financing services. It generates its revenue in the form of brokerage commission and handling charge services, and interest income. Geographically, it operates in Hong Kong, which derives key revenue and it also has its presence in other countries.
80GF Score
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