Asia Orient HoldingsFRA:ASD1 43 Return-on-Tangible-Equity is -5.42% as of Sep. 2025. GuruFocus rates FRA:ASD1 with a GF Score™ of 43/100 and a GF Value™ of €0.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,589 Asset Management companies, Asia Orient Holdings ranks worse than 92.95% 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. Asia Orient Holdings's annualized net income for the quarter that ended in Sep. 2025 was €-47.9 Mil. Asia Orient Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2025 was €884.2 Mil. Therefore, Asia Orient Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was -5.42%.
The historical rank and industry rank for Asia Orient Holdings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:ASD1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.02 Med: 4.91 Max: 9.19
Current: -26.88
During the past 13 years, Asia Orient Holdings's highest Return-on-Tangible-Equity was 9.19%. The lowest was -34.02%. And the median was 4.91%.
FRA:ASD1's Return-on-Tangible-Equity is ranked worse than 92.95% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs FRA:ASD1: -26.88
Asia Orient Holdings (FRA:ASD1) 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.
Asia Orient Holdings Return-on-Tangible-Equity Related Terms
Asia Orient Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asia Orient 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.
Asia Orient Holdings Return-on-Tangible-Equity Chart
FRA:ASD1 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Asia Orient 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.
Asia Orient Holdings Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Asia Orient Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asia Orient 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 two times the semi-annual (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -5.42% mean?
Asia Orient Holdings (FRA:ASD1) has a Return-on-Tangible-Equity of -5.42% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Asia Orient Holdings and its competitors. According to the industry distribution chart, Asia Orient Holdings ranks #1477 out of 1589 companies in the Asset Management industry, placing it in the top 93%.
Is Asia Orient Holdings' Return-on-Tangible-Equity too high?
Asia Orient Holdings' current Return-on-Tangible-Equity is -5.42%. Based on the distribution chart, Asia Orient Holdings ranks #1477 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Asia Orient Holdings has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Orient Holdings' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Asia Orient Holdings ranks #1477 out of 1589 companies for Return-on-Tangible-Equity. This places Asia Orient Holdings 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 Asia Orient Holdings 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. Asia Orient Holdings's current Return-on-Tangible-Equity is -5.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Orient Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Orient Holdings (FRA:ASD1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.13, compared to a current price of €0.02 — trading 85% below its estimated fair value. The current Return-on-Tangible-Equity is -5.42%. Asia Orient Holdings' overall GF Score™ is 43/100 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 Asia Orient Holdings (FRA:ASD1), the current Return-on-Tangible-Equity is -5.42% as of Sep. 2025. 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 Asia Orient Holdings (FRA:ASD1) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Orient Holdings stock appears to be undervalued.
The current stock price of €0.02 is trading 85% below its estimated GF Value™ of €0.13.
GuruFocus considers Asia Orient Holdings to be Possible Value Trap.
Key valuation signals for FRA:ASD1:
Return-on-Tangible-Equity: -5.42%
GF Value™: €0.13 vs. price of €0.02 (85% below fair value)
No single metric tells the full story. See the FRA:ASD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are: Property Sales, Property Leasing, Hotel operation, Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.
43GF Score
Get the complete analysis for FRA:ASD1
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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