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HKVTY's Return-on-Tangible-Asset is ranked better than 55.1% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs HKVTY: 3.71
HK Electric Investments and HK Electric Investments (OTCPK:HKVTY) 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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Asset Related Terms
HK Electric Investments and HK Electric Investments 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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Asset Chart
HK Electric Investments and HK Electric Investments Annual Data
HKVTY vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Asset vs Utilities - Regulated Industry
* 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 5.08% mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a Return-on-Tangible-Asset of 5.08% 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 HK Electric Investments and HK Electric Investments and its competitors. This is 38% above median its historical median of 3.68. Over the past decade, HK Electric Investments and HK Electric Investments' Return-on-Tangible-Asset has ranged from 3.10 to 4.65. According to the industry distribution chart, HK Electric Investments and HK Electric Investments ranks #229 out of 510 companies in the Utilities - Regulated industry, placing it in the top 44.9%.
Is HK Electric Investments and HK Electric Investments' Return-on-Tangible-Asset too high?
HK Electric Investments and HK Electric Investments' current Return-on-Tangible-Asset of 5.08% is 38% above median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 4.65. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. HK Electric Investments and HK Electric Investments' value of 5.08% is 53.7% above this industry median. Based on the distribution chart, HK Electric Investments and HK Electric Investments ranks #229 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, HK Electric Investments and HK Electric Investments ranks #229 out of 510 companies for Return-on-Tangible-Asset. This puts HK Electric Investments and HK Electric Investments in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. HK Electric Investments and HK Electric Investments' value of 5.08% is 53.7% above this benchmark. Historically, HK Electric Investments and HK Electric Investments' own Return-on-Tangible-Asset has ranged from 3.10 to 4.65 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 3.31, HK Electric Investments and HK Electric Investments 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 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. HK Electric Investments and HK Electric Investments's current Return-on-Tangible-Asset of 5.08% is 53.7% 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 HK Electric Investments and HK Electric Investments and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HK Electric Investments and HK Electric Investments's current Return-on-Tangible-Asset is 5.08%, which is 38% above median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments (HKVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.79, compared to a current price of $7.80 — trading 14.9% above its estimated fair value. The current Return-on-Tangible-Asset is 5.08%, which is 38% above median its 10-year median of 3.68 and 53.7% above the Utilities - Regulated industry median of 3.31. HK Electric Investments and HK Electric Investments' overall GF Score™ is 73/100 with 11 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 HK Electric Investments and HK Electric Investments (HKVTY), the current Return-on-Tangible-Asset is 5.08% 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 HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued.
The current stock price of $7.80 is trading 14.9% above its estimated GF Value™ of $6.79.
GuruFocus considers HK Electric Investments and HK Electric Investments to be Modestly Overvalued.
Key valuation signals for HKVTY:
Return-on-Tangible-Asset: 5.08% (38% above median its 10-year median of 3.68)
GF Value™: $6.79 vs. price of $7.80 (14.9% above fair value)
Industry Position: 53.7% above the Utilities - Regulated median (#229 of 510)
No single metric tells the full story. See the HKVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HK Electric Investments and HK Electric Investments Business Description
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
73GF Score
Get the complete analysis for HKVTY
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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