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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. Madison Holdings Group's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$-15.81 Mil. Madison Holdings Group's average total tangible assets for the quarter that ended in Mar. 2026 was HK$334.44 Mil. Therefore, Madison Holdings Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -4.73%.
The historical rank and industry rank for Madison Holdings Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08057'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -35.31 Med: -4.94 Max: -0.43
Current: -5.29
During the past 12 years, Madison Holdings Group's highest Return-on-Tangible-Asset was -0.43%. The lowest was -35.31%. And the median was -4.94%.
HKSE:08057's Return-on-Tangible-Asset is ranked worse than 86.75% of 551
companies
in the Credit Services industry
Industry Median: 2.02
vs HKSE:08057: -5.29
Madison Holdings Group (HKSE:08057) 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.
Madison Holdings Group Return-on-Tangible-Asset Related Terms
Madison Holdings Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Madison Holdings Group'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.
Madison Holdings Group Return-on-Tangible-Asset Chart
HKSE:08057 vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Madison Holdings Group'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.
Madison Holdings Group Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Madison Holdings Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Madison Holdings Group'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -4.73% mean?
Madison Holdings Group (HKSE:08057) has a Return-on-Tangible-Asset of -4.73% 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 Madison Holdings Group and its competitors. According to the industry distribution chart, Madison Holdings Group ranks #478 out of 551 companies in the Credit Services industry, placing it in the top 86.8%.
Is Madison Holdings Group's Return-on-Tangible-Asset too high?
Madison Holdings Group's current Return-on-Tangible-Asset is -4.73%. Based on the distribution chart, Madison Holdings Group ranks #478 out of 551 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Madison Holdings Group has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Madison Holdings Group's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Madison Holdings Group ranks #478 out of 551 companies for Return-on-Tangible-Asset. This places Madison Holdings Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.02, based on 551 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 Madison Holdings Group and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Holdings Group's current Return-on-Tangible-Asset is -4.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Holdings Group stock overvalued right now?
Madison Holdings Group (HKSE:08057) has a current Return-on-Tangible-Asset of -4.73%. The stock's GF Value™ is HK$0.68, compared to a current price of HK$0.49 — trading 27.9% below its estimated fair value. The current Return-on-Tangible-Asset is -4.73%. Madison Holdings Group's overall GF Score™ is 34/100 with 6 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 Madison Holdings Group (HKSE:08057), the current Return-on-Tangible-Asset is -4.73% 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 Madison Holdings Group (HKSE:08057) Overvalued in 2026?
Based on GuruFocus' analysis, Madison Holdings Group stock appears to be undervalued.
The current stock price of HK$0.49 is trading 27.9% below its estimated GF Value™ of HK$0.68.
Key valuation signals for HKSE:08057:
Return-on-Tangible-Asset: -4.73%
GF Value™: HK$0.68 vs. price of HK$0.49 (27.9% below fair value)
No single metric tells the full story. See the HKSE:08057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madison Holdings Group Ltd is involved in retail sales and wholesale of a wide spectrum of wine products and alcoholic beverages in Hong Kong, with a focus on red wine. The company operates through three segments of Sales of alcoholic beverages, Financial services, and Loan financing services. It generates the majority of its revenue from the Loan financing services segment. Geographically, it has a business presence in the PRC and Hong Kong.
34GF Score
Get the complete analysis for HKSE:08057
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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