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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.
Smart Globe HoldingsHKSE:01481 54 Return-on-Tangible-Asset is -0.46% as of Dec. 2025. GuruFocus rates HKSE:01481 with a GF Score™ of 54/100 and a GF Value™ of HK$0.96 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,086 Business Services companies, Smart Globe Holdings ranks better than 55.62% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Smart Globe Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-1.1 Mil. Smart Globe Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was HK$230.6 Mil. Therefore, Smart Globe Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.46%.
The historical rank and industry rank for Smart Globe Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:01481'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.66 Med: 2.59 Max: 16.95
Current: 5.27
During the past 11 years, Smart Globe Holdings's highest Return-on-Tangible-Asset was 16.95%. The lowest was -10.66%. And the median was 2.59%.
HKSE:01481's Return-on-Tangible-Asset is ranked better than 55.62% of 1086
companies
in the Business Services industry
Industry Median: 4.385
vs HKSE:01481: 5.27
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.
Smart Globe Holdings Return-on-Tangible-Asset Related Terms
Smart Globe Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Smart Globe 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.
HKSE:01481 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Smart Globe 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.
Smart Globe Holdings Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Smart Globe Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Smart Globe 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 -0.46% mean?
Smart Globe Holdings (HKSE:01481) has a Return-on-Tangible-Asset of -0.46% 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 Smart Globe Holdings and its competitors. According to the industry distribution chart, Smart Globe Holdings ranks #482 out of 1086 companies in the Business Services industry, placing it in the top 44.4%.
Is Smart Globe Holdings' Return-on-Tangible-Asset too high?
Smart Globe Holdings' current Return-on-Tangible-Asset is -0.46%. Based on the distribution chart, Smart Globe Holdings ranks #482 out of 1086 companies in the Business Services industry, which is above the industry midpoint. Overall, Smart Globe Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart Globe Holdings' Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Smart Globe Holdings ranks #482 out of 1086 companies for Return-on-Tangible-Asset. This puts Smart Globe Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.39. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.39, based on 1,086 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 Smart Globe Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Globe Holdings's current Return-on-Tangible-Asset is -0.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Globe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Smart Globe Holdings (HKSE:01481) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.96, compared to a current price of HK$1.46 — trading 52.1% above its estimated fair value. The current Return-on-Tangible-Asset is -0.46%. Smart Globe Holdings' overall GF Score™ is 54/100 with 3 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 Smart Globe Holdings (HKSE:01481), the current Return-on-Tangible-Asset is -0.46% 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 Smart Globe Holdings (HKSE:01481) Overvalued in 2026?
Based on GuruFocus' analysis, Smart Globe Holdings stock appears to be overvalued.
The current stock price of HK$1.46 is trading 52.1% above its estimated GF Value™ of HK$0.96.
GuruFocus considers Smart Globe Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01481:
Return-on-Tangible-Asset: -0.46%
GF Value™: HK$0.96 vs. price of HK$1.46 (52.1% above fair value)
No single metric tells the full story. See the HKSE:01481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smart Globe Holdings Ltd is an investment holding company. Its segments are the supply chain management service segment and the printing segment. The supply chain management service segment, which generates the majority of revenue, is engaged in the provision of material sourcing, logistics services and warehousing services. The printing segment specialises in the printing and sales of books, novelty and packaging products, offering services that encompass the entire printing process from pre-press to finishing and producing customised value-added printing products. The company generates maximum revenue from Hong Kong.
54GF Score
Get the complete analysis for HKSE:01481
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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