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Nanhua Futures CoFRA:8OR 52 Return-on-Tangible-Equity is 15.08% as of Mar. 2026, which is 52% above its 10-year median of 9.90. GuruFocus rates FRA:8OR with a GF Score™ of 52/100 and a GF Value™ of €0.12. The stock has 1 warning sign investors should review. Among 783 Capital Markets companies, Nanhua Futures Co ranks better than 67.18% 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. Nanhua Futures Co's annualized net income for the quarter that ended in Mar. 2026 was €102.8 Mil. Nanhua Futures Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €681.6 Mil. Therefore, Nanhua Futures Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.08%.
The historical rank and industry rank for Nanhua Futures Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:8OR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.87 Med: 9.9 Max: 12.93
Current: 12.93
During the past 13 years, Nanhua Futures Co's highest Return-on-Tangible-Equity was 12.93%. The lowest was 3.87%. And the median was 9.90%.
FRA:8OR's Return-on-Tangible-Equity is ranked better than 67.18% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs FRA:8OR: 12.93
Nanhua Futures Co (FRA:8OR) Return-on-Tangible-Equity Explanation
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.
Nanhua Futures Co Return-on-Tangible-Equity Related Terms
Nanhua Futures Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nanhua Futures Co'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.
FRA:8OR vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Nanhua Futures Co'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.
Nanhua Futures Co Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nanhua Futures Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nanhua Futures Co'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 (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 15.08% mean?
Nanhua Futures Co (FRA:8OR) has a Return-on-Tangible-Equity of 15.08% 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 Nanhua Futures Co and its competitors. This is 52% above median its historical median of 9.90. Over the past decade, Nanhua Futures Co's Return-on-Tangible-Equity has ranged from 3.87 to 12.93. According to the industry distribution chart, Nanhua Futures Co ranks #257 out of 783 companies in the Capital Markets industry, placing it in the top 32.8%.
Is Nanhua Futures Co's Return-on-Tangible-Equity too high?
Nanhua Futures Co's current Return-on-Tangible-Equity of 15.08% is 52% above median its 10-year median of 9.90. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 12.93. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Nanhua Futures Co's value of 15.08% is 133.8% above this industry median. Based on the distribution chart, Nanhua Futures Co ranks #257 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Nanhua Futures Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Nanhua Futures Co's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Nanhua Futures Co ranks #257 out of 783 companies for Return-on-Tangible-Equity. This puts Nanhua Futures Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.45. Nanhua Futures Co's value of 15.08% is 133.8% above this benchmark. Historically, Nanhua Futures Co's own Return-on-Tangible-Equity has ranged from 3.87 to 12.93 over the past decade. While the company's 10-year median is 9.90 vs. the industry median of 6.45, Nanhua Futures 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-Equity for a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Nanhua Futures Co's current Return-on-Tangible-Equity of 15.08% is 133.8% 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-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 Nanhua Futures Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanhua Futures Co's current Return-on-Tangible-Equity is 15.08%, which is 52% above median its own 10-year median of 9.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanhua Futures Co stock overvalued right now?
Nanhua Futures Co (FRA:8OR) has a current Return-on-Tangible-Equity of 15.08%. The stock's GF Value™ is €0.12, compared to a current price of €0.62 — trading 416.7% above its estimated fair value. The current Return-on-Tangible-Equity is 15.08%, which is 52% above median its 10-year median of 9.90 and 133.8% above the Capital Markets industry median of 6.45. Nanhua Futures Co's overall GF Score™ is 52/100 with 1 warning sign 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 Nanhua Futures Co (FRA:8OR), the current Return-on-Tangible-Equity is 15.08% 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 Nanhua Futures Co (FRA:8OR) Overvalued in 2026?
Based on GuruFocus' analysis, Nanhua Futures Co stock appears to be overvalued.
The current stock price of €0.62 is trading 416.7% above its estimated GF Value™ of €0.12.
Key valuation signals for FRA:8OR:
Return-on-Tangible-Equity: 15.08% (52% above median its 10-year median of 9.90)
GF Value™: €0.12 vs. price of €0.62 (416.7% above fair value)
Industry Position: 133.8% above the Capital Markets median (#257 of 783)
No single metric tells the full story. See the FRA:8OR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanhua Futures Co Ltd is a China based company engaged in the various financial activities. The company is mainly engaged in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management business, and securities investment fund sales agency business.
52GF Score
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