Gowing BrosASX:GOW -0.44%52 Return-on-Tangible-Equity is -0.98% as of Jan. 2026. GuruFocus rates ASX:GOW with a GF Score™ of 52/100 and a GF Value™ of A$2.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,589 Asset Management companies, Gowing Bros ranks worse than 79.42% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Gowing Bros's annualized net income for the quarter that ended in Jan. 2026 was A$-1.93 Mil. Gowing Bros's average shareholder tangible equity for the quarter that ended in Jan. 2026 was A$196.20 Mil. Therefore, Gowing Bros's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was -0.98%.
The historical rank and industry rank for Gowing Bros's Return-on-Tangible-Equity or its related term are showing as below:
ASX:GOW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.96 Med: 2.63 Max: 11.41
Current: -1.03
During the past 13 years, Gowing Bros's highest Return-on-Tangible-Equity was 11.41%. The lowest was -9.96%. And the median was 2.63%.
ASX:GOW's Return-on-Tangible-Equity is ranked worse than 79.42% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs ASX:GOW: -1.03
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Gowing Bros Return-on-Tangible-Equity Related Terms
Gowing Bros Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gowing Bros's Return-on-Tangible-Equity 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.
ASX:GOW vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Gowing Bros's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Gowing Bros Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Gowing Bros's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gowing Bros's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -0.98% mean?
Gowing Bros (ASX:GOW) has a Return-on-Tangible-Equity of -0.98% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gowing Bros and its competitors. According to the industry distribution chart, Gowing Bros ranks #1262 out of 1589 companies in the Asset Management industry, placing it in the top 79.4%.
Is Gowing Bros' Return-on-Tangible-Equity too high?
Gowing Bros' current Return-on-Tangible-Equity is -0.98%. Based on the distribution chart, Gowing Bros ranks #1262 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Gowing Bros has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gowing Bros' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Gowing Bros ranks #1262 out of 1589 companies for Return-on-Tangible-Equity. This places Gowing Bros in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gowing Bros and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gowing Bros's current Return-on-Tangible-Equity is -0.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gowing Bros stock overvalued right now?
Based on GuruFocus' analysis, Gowing Bros (ASX:GOW) is currently considered Fairly Valued. The stock's GF Value™ is A$2.15, compared to a current price of A$2.24 — trading 4.2% above its estimated fair value. The current Return-on-Tangible-Equity is -0.98%. Gowing Bros' overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Gowing Bros (ASX:GOW), the current Return-on-Tangible-Equity is -0.98% as of Jan. 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 Gowing Bros (ASX:GOW) Overvalued in 2026?
Based on GuruFocus' analysis, Gowing Bros stock appears to be overvalued.
The current stock price of A$2.24 is trading 4.2% above its estimated GF Value™ of A$2.15.
GuruFocus considers Gowing Bros to be Fairly Valued.
Key valuation signals for ASX:GOW:
Return-on-Tangible-Equity: -0.98%
GF Value™: A$2.15 vs. price of A$2.24 (4.2% above fair value)
No single metric tells the full story. See the ASX:GOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gowing Bros Ltd operates as an investment and wealth management company in Australia. Its operating segments include Cash & fixed interest, Equities, Private equities, Investment properties, Development properties, Surf Hardware International business, and others. The company generates majority of its revenue from sale of goods (Surf Hardware International). Its geographical segments include Australia, the United States, Japan, and Europe.
52GF Score
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