GF Securities CoGFSEF 69 Return-on-Tangible-Asset is 1.82% as of Mar. 2026, which is 3% above its 10-year median of 1.76. GuruFocus rates GFSEF with a GF Score™ of 69/100 and a GF Value™ of $2.25. The stock has 5 warning signs investors should review. Among 818 Capital Markets companies, GF Securities Co ranks better than 52.69% 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. GF Securities Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,732 Mil. GF Securities Co's average total tangible assets for the quarter that ended in Mar. 2026 was $150,452 Mil. Therefore, GF Securities Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.82%.
The historical rank and industry rank for GF Securities Co's Return-on-Tangible-Asset or its related term are showing as below:
GFSEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.08 Med: 1.76 Max: 2.4
Current: 1.67
During the past 13 years, GF Securities Co's highest Return-on-Tangible-Asset was 2.40%. The lowest was 1.08%. And the median was 1.76%.
GFSEF's Return-on-Tangible-Asset is ranked better than 52.69% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs GFSEF: 1.67
GF Securities Co (OTCPK:GFSEF) 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.
GF Securities Co Return-on-Tangible-Asset Related Terms
GF Securities Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GF Securities 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.
GFSEF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, GF Securities 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.
GF Securities Co Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, GF Securities Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GF Securities 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.82% mean?
GF Securities Co (GFSEF) has a Return-on-Tangible-Asset of 1.82% 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 GF Securities Co and its competitors. This is near median its historical median of 1.76. Over the past decade, GF Securities Co's Return-on-Tangible-Asset has ranged from 1.08 to 2.40. According to the industry distribution chart, GF Securities Co ranks #387 out of 818 companies in the Capital Markets industry, placing it in the top 47.3%.
Is GF Securities Co's Return-on-Tangible-Asset too high?
GF Securities Co's current Return-on-Tangible-Asset of 1.82% is near median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 2.40. The Capital Markets industry median Return-on-Tangible-Asset is 1.53. GF Securities Co's value of 1.82% is 19% above this industry median. Based on the distribution chart, GF Securities Co ranks #387 out of 818 companies in the Capital Markets industry, which is above the industry midpoint. Overall, GF Securities Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does GF Securities Co's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, GF Securities Co ranks #387 out of 818 companies for Return-on-Tangible-Asset. This puts GF Securities Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.53. GF Securities Co's value of 1.82% is 19% above this benchmark. Historically, GF Securities Co's own Return-on-Tangible-Asset has ranged from 1.08 to 2.40 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.53, GF Securities Co 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.53, based on 818 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. GF Securities Co's current Return-on-Tangible-Asset of 1.82% is 19% 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 GF Securities Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GF Securities Co's current Return-on-Tangible-Asset is 1.82%, which is near median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GF Securities Co stock overvalued right now?
GF Securities Co (GFSEF) has a current Return-on-Tangible-Asset of 1.82%. The stock's GF Value™ is $2.25, compared to a current price of $2.00 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.82%, which is near median its 10-year median of 1.76 and 19% above the Capital Markets industry median of 1.53. GF Securities Co's overall GF Score™ is 69/100 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 GF Securities Co (GFSEF), the current Return-on-Tangible-Asset is 1.82% 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 GF Securities Co (GFSEF) Overvalued in 2026?
Based on GuruFocus' analysis, GF Securities Co stock appears to be undervalued.
The current stock price of $2.00 is trading 11.1% below its estimated GF Value™ of $2.25.
Key valuation signals for GFSEF:
Return-on-Tangible-Asset: 1.82% (near median its 10-year median of 1.76)
GF Value™: $2.25 vs. price of $2.00 (11.1% below fair value)
Industry Position: 19% above the Capital Markets median (#387 of 818)
No single metric tells the full story. See the GFSEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GF Securities Co Ltd is principally engaged in securities business, the proxy sale of securities investment funds, the provision of futures intermediary services for futures companies, securities investment fund custodian, fund raising, fund sales, asset management, project and investment management, commodity futures brokerage, financial futures brokerage and futures investment advisory, etc. It operates through the following segments: Investment banking, Wealth management, Trading & Institutions, and Investment management.
69GF Score
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