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M&L Holdings GroupHKSE:08152 Return-on-Tangible-Asset is 14.99% as of Dec. 2025. The stock has 9 warning signs investors should review. Among 163 Industrial Distribution companies, M&L Holdings Group ranks better than 61.35% 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. M&L Holdings Group's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$25.01 Mil. M&L Holdings Group's average total tangible assets for the quarter that ended in Dec. 2025 was HK$166.82 Mil. Therefore, M&L Holdings Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.99%.
The historical rank and industry rank for M&L Holdings Group's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08152'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.35 Med: -2.57 Max: 10.52
Current: 5.63
During the past 11 years, M&L Holdings Group's highest Return-on-Tangible-Asset was 10.52%. The lowest was -7.35%. And the median was -2.57%.
HKSE:08152's Return-on-Tangible-Asset is ranked better than 61.35% of 163
companies
in the Industrial Distribution industry
Industry Median: 4.41
vs HKSE:08152: 5.63
M&L Holdings Group (HKSE:08152) 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.
M&L Holdings Group Return-on-Tangible-Asset Related Terms
M&L Holdings Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for M&L 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.
HKSE:08152 vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, M&L 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.
M&L Holdings Group Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, M&L Holdings Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where M&L 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 14.99% mean?
M&L Holdings Group (HKSE:08152) has a Return-on-Tangible-Asset of 14.99% 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 M&L Holdings Group and its competitors. According to the industry distribution chart, M&L Holdings Group ranks #63 out of 163 companies in the Industrial Distribution industry, placing it in the top 38.7%.
Is M&L Holdings Group's Return-on-Tangible-Asset too high?
M&L Holdings Group's current Return-on-Tangible-Asset is 14.99%. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.41. M&L Holdings Group's value of 14.99% is 239.9% above this industry median. Based on the distribution chart, M&L Holdings Group ranks #63 out of 163 companies in the Industrial Distribution industry, which is above the industry midpoint.
How does M&L Holdings Group's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, M&L Holdings Group ranks #63 out of 163 companies for Return-on-Tangible-Asset. This puts M&L Holdings Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.41. M&L Holdings Group's value of 14.99% is 239.9% above this benchmark. 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.41, based on 163 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. M&L Holdings Group's current Return-on-Tangible-Asset of 14.99% is 239.9% 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 M&L Holdings Group and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M&L Holdings Group's current Return-on-Tangible-Asset is 14.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M&L Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, M&L Holdings Group (HKSE:08152) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.09 — trading 70% above its estimated fair value. The current Return-on-Tangible-Asset is 14.99% and 239.9% above the Industrial Distribution industry median of 4.41. 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 M&L Holdings Group (HKSE:08152), the current Return-on-Tangible-Asset is 14.99% 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.
M&L Holdings Group Ltd is an investment holding. The principal activities of the group are trading and lease of construction machinery and spare parts. It is segmented into Tunnelling and Foundation. The company generates maximum revenue from the Tunnelling segment. Its Tunnelling segment is engaged in the supply of specialised cutting tools and parts for construction equipment. The Foundation segment is engaged in the supply of fabricated construction steel works and equipment. Geographically, the organization has a business presence in Hong Kong, PRC, North America, Vietnam, Australia, other Asia-Pacific countries, and other countries, of which key revenue is generated from Australia.
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