CK Hutchison HoldingsHAM:2CK -2.46%79 Return-on-Tangible-Equity is 13.84% as of Dec. 2025, which is 66% below its 10-year median of 40.50. GuruFocus rates HAM:2CK with a GF Score™ of 79/100 and a GF Value™ of €4.85 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 549 Conglomerates companies, CK Hutchison Holdings ranks better than 53.01% 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. CK Hutchison Holdings's annualized net income for the quarter that ended in Dec. 2025 was €2,412 Mil. CK Hutchison Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €17,430 Mil. Therefore, CK Hutchison Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.84%.
The historical rank and industry rank for CK Hutchison Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HAM:2CK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.06 Med: 40.5 Max: 130.56
Current: 8.06
During the past 13 years, CK Hutchison Holdings's highest Return-on-Tangible-Equity was 130.56%. The lowest was 8.06%. And the median was 40.50%.
HAM:2CK's Return-on-Tangible-Equity is ranked better than 53.01% of 549
companies
in the Conglomerates industry
Industry Median: 7.44
vs HAM:2CK: 8.06
CK Hutchison Holdings (HAM:2CK) 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.
CK Hutchison Holdings Return-on-Tangible-Equity Related Terms
CK Hutchison Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CK Hutchison 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.
CK Hutchison Holdings Return-on-Tangible-Equity Chart
HAM:2CK vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, CK Hutchison 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.
CK Hutchison Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CK Hutchison 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.84% mean?
CK Hutchison Holdings (HAM:2CK) has a Return-on-Tangible-Equity of 13.84% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CK Hutchison Holdings and its competitors. This is 66% below median its historical median of 40.50. Over the past decade, CK Hutchison Holdings' Return-on-Tangible-Equity has ranged from 8.06 to 130.56. According to the industry distribution chart, CK Hutchison Holdings ranks #258 out of 549 companies in the Conglomerates industry, placing it in the top 47%.
Is CK Hutchison Holdings' Return-on-Tangible-Equity too high?
CK Hutchison Holdings' current Return-on-Tangible-Equity of 13.84% is 66% below median its 10-year median of 40.50. Over the past 10 years, this metric has ranged from a low of 8.06 to a high of 130.56. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. CK Hutchison Holdings' value of 13.84% is 86% above this industry median. Based on the distribution chart, CK Hutchison Holdings ranks #258 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, CK Hutchison Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CK Hutchison Holdings' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, CK Hutchison Holdings ranks #258 out of 549 companies for Return-on-Tangible-Equity. This puts CK Hutchison Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.44. CK Hutchison Holdings' value of 13.84% is 86% above this benchmark. Historically, CK Hutchison Holdings' own Return-on-Tangible-Equity has ranged from 8.06 to 130.56 over the past decade. While the company's 10-year median is 40.50 vs. the industry median of 7.44, CK Hutchison Holdings 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 549 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. CK Hutchison Holdings's current Return-on-Tangible-Equity of 13.84% is 86% 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 CK Hutchison Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Hutchison Holdings's current Return-on-Tangible-Equity is 13.84%, which is 66% below median its own 10-year median of 40.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Hutchison Holdings stock overvalued right now?
Based on GuruFocus' analysis, CK Hutchison Holdings (HAM:2CK) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.85, compared to a current price of €7.21 — trading 48.6% above its estimated fair value. The current Return-on-Tangible-Equity is 13.84%, which is 66% below median its 10-year median of 40.50 and 86% above the Conglomerates industry median of 7.44. CK Hutchison Holdings' overall GF Score™ is 79/100 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 CK Hutchison Holdings (HAM:2CK), the current Return-on-Tangible-Equity is 13.84% as of Dec. 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 CK Hutchison Holdings (HAM:2CK) Overvalued in 2026?
Based on GuruFocus' analysis, CK Hutchison Holdings stock appears to be overvalued.
The current stock price of €7.21 is trading 48.6% above its estimated GF Value™ of €4.85.
GuruFocus considers CK Hutchison Holdings to be Significantly Overvalued.
Key valuation signals for HAM:2CK:
Return-on-Tangible-Equity: 13.84% (66% below median its 10-year median of 40.50)
GF Value™: €4.85 vs. price of €7.21 (48.6% above fair value)
Industry Position: 86% above the Conglomerates median (#258 of 549)
No single metric tells the full story. See the HAM:2CK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 51%. The planned sale of most of the ports business is currently being scrutinized by the government.
79GF Score
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