Whitefield IndustrialsASX:WHF +2.61%62 Return-on-Tangible-Equity is 3.15% as of Mar. 2026, which is 11% below its 10-year median of 3.52. GuruFocus rates ASX:WHF with a GF Score™ of 62/100 and a GF Value™ of A$5.44 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,588 Asset Management companies, Whitefield Industrials ranks worse than 64.17% 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. Whitefield Industrials's annualized net income for the quarter that ended in Mar. 2026 was A$21.33 Mil. Whitefield Industrials's average shareholder tangible equity for the quarter that ended in Mar. 2026 was A$677.69 Mil. Therefore, Whitefield Industrials's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.15%.
The historical rank and industry rank for Whitefield Industrials's Return-on-Tangible-Equity or its related term are showing as below:
ASX:WHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.35 Med: 3.52 Max: 4.35
Current: 3.16
During the past 13 years, Whitefield Industrials's highest Return-on-Tangible-Equity was 4.35%. The lowest was 2.35%. And the median was 3.52%.
ASX:WHF's Return-on-Tangible-Equity is ranked worse than 64.17% of 1588
companies
in the Asset Management industry
Industry Median: 7.165
vs ASX:WHF: 3.16
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.
Whitefield Industrials Return-on-Tangible-Equity Related Terms
Whitefield Industrials Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Whitefield Industrials'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:WHF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Whitefield Industrials'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.
Whitefield Industrials Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Whitefield Industrials's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Whitefield Industrials'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.15% mean?
Whitefield Industrials (ASX:WHF) has a Return-on-Tangible-Equity of 3.15% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Whitefield Industrials and its competitors. This is 11% below median its historical median of 3.52. Over the past decade, Whitefield Industrials' Return-on-Tangible-Equity has ranged from 2.35 to 4.35. According to the industry distribution chart, Whitefield Industrials ranks #1019 out of 1588 companies in the Asset Management industry, placing it in the top 64.2%.
Is Whitefield Industrials' Return-on-Tangible-Equity too high?
Whitefield Industrials' current Return-on-Tangible-Equity of 3.15% is 11% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 4.35. The Asset Management industry median Return-on-Tangible-Equity is 7.17. Whitefield Industrials' value of 3.15% is 56% below this industry median. Based on the distribution chart, Whitefield Industrials ranks #1019 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Whitefield Industrials has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Whitefield Industrials' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Whitefield Industrials ranks #1019 out of 1588 companies for Return-on-Tangible-Equity. This places Whitefield Industrials in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.17. Whitefield Industrials' value of 3.15% is 56% below this benchmark. Historically, Whitefield Industrials' own Return-on-Tangible-Equity has ranged from 2.35 to 4.35 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 7.17, Whitefield Industrials has consistently been below 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.17, based on 1,588 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. Whitefield Industrials's current Return-on-Tangible-Equity of 3.15% is 56% below 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-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 Whitefield Industrials and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitefield Industrials's current Return-on-Tangible-Equity is 3.15%, which is 11% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitefield Industrials stock overvalued right now?
Based on GuruFocus' analysis, Whitefield Industrials (ASX:WHF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.44, compared to a current price of A$4.72 — trading 13.2% below its estimated fair value. The current Return-on-Tangible-Equity is 3.15%, which is 11% below median its 10-year median of 3.52 and 56% below the Asset Management industry median of 7.17. Whitefield Industrials' overall GF Score™ is 62/100 with 3 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 Whitefield Industrials (ASX:WHF), the current Return-on-Tangible-Equity is 3.15% 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 Whitefield Industrials (ASX:WHF) Overvalued in 2026?
Based on GuruFocus' analysis, Whitefield Industrials stock appears to be undervalued.
The current stock price of A$4.72 is trading 13.2% below its estimated GF Value™ of A$5.44.
GuruFocus considers Whitefield Industrials to be Modestly Undervalued.
Key valuation signals for ASX:WHF:
Return-on-Tangible-Equity: 3.15% (11% below median its 10-year median of 3.52)
GF Value™: A$5.44 vs. price of A$4.72 (13.2% below fair value)
Industry Position: 56% below the Asset Management median (#1019 of 1588)
No single metric tells the full story. See the ASX:WHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitefield Industrials Ltd is an investment company. The company is engaged in investing in companies and trusts. It operates in one segment namely, the Securities industry. The company derives revenue from dividend income, interest income, and the sale of its investment portfolio.
62GF Score
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