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FESCO Group CoSHSE:600861 -1.98%74 Return-on-Tangible-Asset is 6.20% as of Mar. 2026, which is 218% above its 10-year median of 1.95. GuruFocus rates SHSE:600861 with a GF Score™ of 74/100 and a GF Value™ of ¥20.37 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,094 Business Services companies, FESCO Group Co ranks better than 55.21% 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. FESCO Group Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥1,051 Mil. FESCO Group Co's average total tangible assets for the quarter that ended in Mar. 2026 was ¥16,939 Mil. Therefore, FESCO Group Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.20%.
The historical rank and industry rank for FESCO Group Co's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:600861'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.22 Med: 1.95 Max: 7.12
Current: 5
During the past 13 years, FESCO Group Co's highest Return-on-Tangible-Asset was 7.12%. The lowest was -2.22%. And the median was 1.95%.
SHSE:600861's Return-on-Tangible-Asset is ranked better than 55.21% of 1094
companies
in the Business Services industry
Industry Median: 4.12
vs SHSE:600861: 5.00
FESCO Group Co (SHSE:600861) 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.
FESCO Group Co Return-on-Tangible-Asset Related Terms
FESCO Group Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for FESCO Group Co'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.
SHSE:600861 vs KFY, RHI, TNET: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, FESCO Group Co'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.
FESCO Group Co Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, FESCO Group Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where FESCO Group Co'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.20% mean?
FESCO Group Co (SHSE:600861) has a Return-on-Tangible-Asset of 6.20% 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 FESCO Group Co and its competitors. This is 218% above median its historical median of 1.95. According to the industry distribution chart, FESCO Group Co ranks #490 out of 1094 companies in the Business Services industry, placing it in the top 44.8%.
Is FESCO Group Co's Return-on-Tangible-Asset too high?
FESCO Group Co's current Return-on-Tangible-Asset of 6.20% is 218% above median its 10-year median of 1.95. The Business Services industry median Return-on-Tangible-Asset is 4.12. FESCO Group Co's value of 6.20% is 50.5% above this industry median. Based on the distribution chart, FESCO Group Co ranks #490 out of 1094 companies in the Business Services industry, which is above the industry midpoint. Overall, FESCO Group Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FESCO Group Co's Return-on-Tangible-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, FESCO Group Co ranks #490 out of 1094 companies for Return-on-Tangible-Asset. This puts FESCO Group Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.12. FESCO Group Co's value of 6.20% is 50.5% above this benchmark. While the company's 10-year median is 1.95 vs. the industry median of 4.12, FESCO Group Co 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.12, based on 1,094 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. FESCO Group Co's current Return-on-Tangible-Asset of 6.20% is 50.5% 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 FESCO Group Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FESCO Group Co's current Return-on-Tangible-Asset is 6.20%, which is 218% above median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FESCO Group Co stock overvalued right now?
Based on GuruFocus' analysis, FESCO Group Co (SHSE:600861) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.37, compared to a current price of ¥12.90 — trading 36.7% below its estimated fair value. The current Return-on-Tangible-Asset is 6.20%, which is 218% above median its 10-year median of 1.95 and 50.5% above the Business Services industry median of 4.12. FESCO Group Co's overall GF Score™ is 74/100 with 2 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 FESCO Group Co (SHSE:600861), the current Return-on-Tangible-Asset is 6.20% 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 FESCO Group Co (SHSE:600861) Overvalued in 2026?
Based on GuruFocus' analysis, FESCO Group Co stock appears to be undervalued.
The current stock price of ¥12.90 is trading 36.7% below its estimated GF Value™ of ¥20.37.
GuruFocus considers FESCO Group Co to be Significantly Undervalued.
Key valuation signals for SHSE:600861:
Return-on-Tangible-Asset: 6.20% (218% above median its 10-year median of 1.95)
GF Value™: ¥20.37 vs. price of ¥12.90 (36.7% below fair value)
Industry Position: 50.5% above the Business Services median (#490 of 1094)
No single metric tells the full story. See the SHSE:600861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.
74GF Score
Get the complete analysis for SHSE:600861
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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