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Lap Kei Engineering (Holdings)HKSE:01690 46 Return-on-Tangible-Asset is 4.37% as of Jun. 2026, which is 5% below its 10-year median of 4.62. GuruFocus rates HKSE:01690 with a GF Score™ of 46/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,796 Construction companies, Lap Kei Engineering (Holdings) ranks better than 78.79% on this metric.
The historical rank and industry rank for Lap Kei Engineering (Holdings)'s Return-on-Tangible-Asset or its related term are showing as below:
HKSE:01690'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.29 Med: 4.62 Max: 17.28
Current: 7.98
During the past 13 years, Lap Kei Engineering (Holdings)'s highest Return-on-Tangible-Asset was 17.28%. The lowest was -15.29%. And the median was 4.62%.
HKSE:01690's Return-on-Tangible-Asset is ranked better than 78.79% of 1796
companies
in the Construction industry
Industry Median: 3.065
vs HKSE:01690: 7.98
Lap Kei Engineering (Holdings) (HKSE:01690) 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.
Lap Kei Engineering (Holdings) Return-on-Tangible-Asset Related Terms
Lap Kei Engineering (Holdings) Return-on-Tangible-Asset Historical Data
* 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.
Lap Kei Engineering (Holdings) Return-on-Tangible-Asset Chart
HKSE:01690 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Lap Kei Engineering (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.
Lap Kei Engineering (Holdings) Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Lap Kei Engineering (Holdings)'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lap Kei Engineering (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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.37% mean?
Lap Kei Engineering (Holdings) (HKSE:01690) has a Return-on-Tangible-Asset of 4.37% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lap Kei Engineering (Holdings) and its competitors. This is near median its historical median of 4.62. According to the industry distribution chart, Lap Kei Engineering (Holdings) ranks #381 out of 1796 companies in the Construction industry, placing it in the top 21.2%.
Is Lap Kei Engineering (Holdings)'s Return-on-Tangible-Asset too high?
Lap Kei Engineering (Holdings)'s current Return-on-Tangible-Asset of 4.37% is near median its 10-year median of 4.62. The Construction industry median Return-on-Tangible-Asset is 3.07. Lap Kei Engineering (Holdings)'s value of 4.37% is 42.6% above this industry median. Based on the distribution chart, Lap Kei Engineering (Holdings) ranks #381 out of 1796 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Lap Kei Engineering (Holdings) has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lap Kei Engineering (Holdings)'s Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Lap Kei Engineering (Holdings) ranks #381 out of 1796 companies for Return-on-Tangible-Asset. This places Lap Kei Engineering (Holdings) in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.07. Lap Kei Engineering (Holdings)'s value of 4.37% is 42.6% above this benchmark. While the company's 10-year median is 4.62 vs. the industry median of 3.07, Lap Kei Engineering (Holdings) 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.07, based on 1,796 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. Lap Kei Engineering (Holdings)'s current Return-on-Tangible-Asset of 4.37% is 42.6% 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 Lap Kei Engineering (Holdings) and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lap Kei Engineering (Holdings)'s current Return-on-Tangible-Asset is 4.37%, which is near median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lap Kei Engineering (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Lap Kei Engineering (Holdings) (HKSE:01690) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.15 — trading 200% above its estimated fair value. The current Return-on-Tangible-Asset is 4.37%, which is near median its 10-year median of 4.62 and 42.6% above the Construction industry median of 3.07. Lap Kei Engineering (Holdings)'s overall GF Score™ is 46/100 with 4 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 Lap Kei Engineering (Holdings) (HKSE:01690), the current Return-on-Tangible-Asset is 4.37% as of Jun. 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 Lap Kei Engineering (Holdings) (HKSE:01690) Overvalued in 2026?
Based on GuruFocus' analysis, Lap Kei Engineering (Holdings) stock appears to be overvalued.
The current stock price of HK$0.15 is trading 200% above its estimated GF Value™ of HK$0.05.
GuruFocus considers Lap Kei Engineering (Holdings) to be Significantly Overvalued.
Key valuation signals for HKSE:01690:
Return-on-Tangible-Asset: 4.37% (near median its 10-year median of 4.62)
GF Value™: HK$0.05 vs. price of HK$0.15 (200% above fair value)
Industry Position: 42.6% above the Construction median (#381 of 1796)
No single metric tells the full story. See the HKSE:01690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lap Kei Engineering (Holdings) Ltd provides engineering services for building services systems. The company is organized into the principal operating divisions of the building services engineering work division and maintenance, repair; and maintenance, repair, and other services division. The building services engineering work division, which is the key revenue-generating segment, comprises the provision of building services engineering work, including mechanical ventilation and air-conditioning systems, electrical systems, plumbing and drainage systems, fire systems, and other related works. Maintenance, repair, & other services involve the provision of maintenance and repair services for building services systems and the replacement of parts. It derives its prime revenue from Hong Kong.
46GF Score
Get the complete analysis for HKSE:01690
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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