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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. EvoAir Holdings's annualized net income for the quarter that ended in May. 2026 was $-4.05 Mil. EvoAir Holdings's average shareholder tangible equity for the quarter that ended in May. 2026 was $0.92 Mil. Therefore, EvoAir Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was -439.96%.
The historical rank and industry rank for EvoAir Holdings's Return-on-Tangible-Equity or its related term are showing as below:
EVOH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2167.42 Med: -354.45 Max: -25
Current: -708.75
During the past 8 years, EvoAir Holdings's highest Return-on-Tangible-Equity was -25.00%. The lowest was -2,167.42%. And the median was -354.45%.
EVOH's Return-on-Tangible-Equity is not ranked
in the Construction industry.
Industry Median: 8.21
vs EVOH: -708.75
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.
EvoAir Holdings Return-on-Tangible-Equity Related Terms
EvoAir Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for EvoAir Holdings'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.
EVOH vs SNRH, FINM, HHLA: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, EvoAir Holdings'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.
EvoAir Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, EvoAir Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EvoAir Holdings'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 four times the quarterly (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -439.96% mean?
EvoAir Holdings (EVOH) has a Return-on-Tangible-Equity of -439.96% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on EvoAir Holdings and its competitors.
Is EvoAir Holdings' Return-on-Tangible-Equity too high?
EvoAir Holdings' current Return-on-Tangible-Equity is -439.96%. Overall, EvoAir Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does EvoAir Holdings' Return-on-Tangible-Equity compare to SNRH and FINM?
EvoAir Holdings' Return-on-Tangible-Equity of -439.96% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Equity is 8.21. 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 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 EvoAir Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EvoAir Holdings's current Return-on-Tangible-Equity is -439.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvoAir Holdings stock overvalued right now?
EvoAir Holdings (EVOH) has a current Return-on-Tangible-Equity of -439.96%. The stock's GF Value™ is $0.11, compared to a current price of $23.00 — trading 20809.1% above its estimated fair value. The current Return-on-Tangible-Equity is -439.96%. EvoAir Holdings' overall GF Score™ is 40/100 with 5 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 EvoAir Holdings (EVOH), the current Return-on-Tangible-Equity is -439.96% as of May. 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 EvoAir Holdings (EVOH) Overvalued in 2026?
Based on GuruFocus' analysis, EvoAir Holdings stock appears to be overvalued.
The current stock price of $23.00 is trading 20809.1% above its estimated GF Value™ of $0.11.
Key valuation signals for EVOH:
Return-on-Tangible-Equity: -439.96%
GF Value™: $0.11 vs. price of $23.00 (20809.1% above fair value)
No single metric tells the full story. See the EVOH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EvoAir Holdings Inc is engaged in the research and development, manufacturing, sale, and marketing of heating, ventilation, and air conditioning (HVAC) products. The company offers a line of HVAC and related products focusing on providing eco-friendly air conditioning and air purifying solutions through its heat emission control (HECS) technology. Its product portfolio includes e-Cond EVO, an eco-friendly air-conditioning system, E-Cond a line of air purifier products, EvoAir, and QCOV, among other air conditioning and air sanitizing products.
40GF Score
Get the complete analysis for EVOH
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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