LMPMY (Lee & Man Paper Manufacturing) Return-on-Tangible-Asset: 4.00% (As of Dec. 2025) — 44% Below Median


LMPMY Lee & Man Paper Manufacturing Ltd LMPMY
69 GF Score
Price $3.77
GF Value $3.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Lee & Man Paper Manufacturing Return-on-Tangible-Asset?

Lee & Man Paper Manufacturing LMPMY 69 Return-on-Tangible-Asset is 4.00% as of Dec. 2025, which is 44% below its 10-year median of 7.14. GuruFocus rates LMPMY with a GF Score™ of 69/100 and a GF Value™ of $3.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 288 Forest Products companies, Lee & Man Paper Manufacturing ranks better than 73.61% 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. Lee & Man Paper Manufacturing's annualized Net Income for the quarter that ended in Dec. 2025 was $291 Mil. Lee & Man Paper Manufacturing's average total tangible assets for the quarter that ended in Dec. 2025 was $7,261 Mil. Therefore, Lee & Man Paper Manufacturing's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.00%.

The historical rank and industry rank for Lee & Man Paper Manufacturing's Return-on-Tangible-Asset or its related term are showing as below:

LMPMY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.21   Med: 7.14   Max: 13.18
Current: 3.45

During the past 13 years, Lee & Man Paper Manufacturing's highest Return-on-Tangible-Asset was 13.18%. The lowest was 2.21%. And the median was 7.14%.

LMPMY's Return-on-Tangible-Asset is ranked better than
73.61% of 288 companies
in the Forest Products industry
Industry Median: 0.985 vs LMPMY: 3.45

Lee & Man Paper Manufacturing  (OTCPK:LMPMY) 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 company’s 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 company’s 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.


Lee & Man Paper Manufacturing Return-on-Tangible-Asset Related Terms


Lee & Man Paper Manufacturing Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Return-on-Tangible-Asset Chart

Lee & Man Paper Manufacturing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.53 2.56 2.20 2.49 3.43

Lee & Man Paper Manufacturing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.96 2.96 2.01 2.91 4.00

Lee & Man Paper Manufacturing Return-on-Tangible-Asset Competitor Comparison

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.


Lee & Man Paper Manufacturing Return-on-Tangible-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Return-on-Tangible-Asset falls into.


LMPMY
69GF Score
Lee & Man Paper Manufacturing Ltd LMPMY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lee & Man Paper Manufacturing Return-on-Tangible-Asset Calculation

Lee & Man Paper Manufacturing's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=249.5/( (7120.483+7414.218)/ 2 )
=249.5/7267.3505
=3.43 %

Lee & Man Paper Manufacturing's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=290.512/( (7107.13+7414.218)/ 2 )
=290.512/7260.674
=4.00 %

* 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 4.00% mean?
Lee & Man Paper Manufacturing (LMPMY) has a Return-on-Tangible-Asset of 4.00% 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 Lee & Man Paper Manufacturing and its competitors. This is 44% below median its historical median of 7.14. Over the past decade, Lee & Man Paper Manufacturing's Return-on-Tangible-Asset has ranged from 2.21 to 13.18. According to the industry distribution chart, Lee & Man Paper Manufacturing ranks #76 out of 288 companies in the Forest Products industry, placing it in the top 26.4%.
Is Lee & Man Paper Manufacturing's Return-on-Tangible-Asset too high?
Lee & Man Paper Manufacturing's current Return-on-Tangible-Asset of 4.00% is 44% below median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 13.18. The Forest Products industry median Return-on-Tangible-Asset is 0.99. Lee & Man Paper Manufacturing's value of 4.00% is 306.1% above this industry median. Based on the distribution chart, Lee & Man Paper Manufacturing ranks #76 out of 288 companies in the Forest Products industry, which is above the industry midpoint. Overall, Lee & Man Paper Manufacturing has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lee & Man Paper Manufacturing's Return-on-Tangible-Asset compare to competitors?
According to the Forest Products industry distribution chart, Lee & Man Paper Manufacturing ranks #76 out of 288 companies for Return-on-Tangible-Asset. This puts Lee & Man Paper Manufacturing in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Lee & Man Paper Manufacturing's value of 4.00% is 306.1% above this benchmark. Historically, Lee & Man Paper Manufacturing's own Return-on-Tangible-Asset has ranged from 2.21 to 13.18 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 0.99, Lee & Man Paper Manufacturing 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 0.99, based on 288 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. Lee & Man Paper Manufacturing's current Return-on-Tangible-Asset of 4.00% is 306.1% 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 Lee & Man Paper Manufacturing and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Man Paper Manufacturing's current Return-on-Tangible-Asset is 4.00%, which is 44% below median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Man Paper Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, Lee & Man Paper Manufacturing (LMPMY) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.04, compared to a current price of $3.77 — trading 24% above its estimated fair value. The current Return-on-Tangible-Asset is 4.00%, which is 44% below median its 10-year median of 7.14 and 306.1% above the Forest Products industry median of 0.99. Lee & Man Paper Manufacturing's overall GF Score™ is 69/100 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 Lee & Man Paper Manufacturing (LMPMY), the current Return-on-Tangible-Asset is 4.00% 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 Lee & Man Paper Manufacturing (LMPMY) Overvalued in 2026?

Based on GuruFocus' analysis, Lee & Man Paper Manufacturing stock appears to be overvalued. The current stock price of $3.77 is trading 24% above its estimated GF Value™ of $3.04. GuruFocus considers Lee & Man Paper Manufacturing to be Modestly Overvalued.

Key valuation signals for LMPMY:

  • Return-on-Tangible-Asset: 4.00% (44% below median its 10-year median of 7.14)
  • GF Value™: $3.04 vs. price of $3.77 (24% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 306.1% above the Forest Products median (#76 of 288)

No single metric tells the full story. See the LMPMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lee & Man Paper Manufacturing Business Description

Other Exchanges 02314:Hong Kong
Address 169 Electric Road, 39th Floor, Lee & Man Commercial Center, North Point, Hong Kong, HKG
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. Its products include Wood pulp products, Boxboard paper products, Pink Gray Card Products, and Toilet Paper Products. The company generates maximum revenue from PRC, and also has its presence in Malaysia; Vietnam; and Hong Kong, Macau and others.
69GF Score

Get the complete analysis for LMPMY

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.77
Price
$3.04
GF Value