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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MexanHKSE:00022 -0.29%56 Return-on-Tangible-Equity is -5.35% as of Mar. 2026. GuruFocus rates HKSE:00022 with a GF Score™ of 56/100 and a GF Value™ of HK$2.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 398 Building Materials companies, Mexan ranks better than 98.99% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mexan's annualized net income for the quarter that ended in Mar. 2026 was HK$-13.70 Mil. Mexan's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$255.84 Mil. Therefore, Mexan's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.35%.
The historical rank and industry rank for Mexan's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00022'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.87 Med: -5.44 Max: 130.31
Current: 130.31
During the past 13 years, Mexan's highest Return-on-Tangible-Equity was 130.31%. The lowest was -12.87%. And the median was -5.44%.
HKSE:00022's Return-on-Tangible-Equity is ranked better than 98.99% of 398
companies
in the Building Materials industry
Industry Median: 5.08
vs HKSE:00022: 130.31
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.
Mexan Return-on-Tangible-Equity Related Terms
Mexan Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mexan'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.
HKSE:00022 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Mexan'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.
Mexan Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Mexan's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mexan'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 -5.35% mean?
Mexan (HKSE:00022) has a Return-on-Tangible-Equity of -5.35% 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 Mexan and its competitors. According to the industry distribution chart, Mexan ranks #4 out of 398 companies in the Building Materials industry, placing it in the top 1%.
Is Mexan's Return-on-Tangible-Equity too high?
Mexan's current Return-on-Tangible-Equity is -5.35%. Based on the distribution chart, Mexan ranks #4 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Mexan has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mexan's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Mexan ranks #4 out of 398 companies for Return-on-Tangible-Equity. This places Mexan in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 398 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 Mexan and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mexan's current Return-on-Tangible-Equity is -5.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mexan stock overvalued right now?
Based on GuruFocus' analysis, Mexan (HKSE:00022) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.51, compared to a current price of HK$1.71 — trading 32.1% below its estimated fair value. The current Return-on-Tangible-Equity is -5.35%. Mexan's overall GF Score™ is 56/100 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 Mexan (HKSE:00022), the current Return-on-Tangible-Equity is -5.35% 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 Mexan (HKSE:00022) Overvalued in 2026?
Based on GuruFocus' analysis, Mexan stock appears to be undervalued.
The current stock price of HK$1.71 is trading 32.1% below its estimated GF Value™ of HK$2.51.
GuruFocus considers Mexan to be Possible Value Trap.
Key valuation signals for HKSE:00022:
Return-on-Tangible-Equity: -5.35%
GF Value™: HK$2.51 vs. price of HK$1.71 (32.1% below fair value)
No single metric tells the full story. See the HKSE:00022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mexan Ltd is a Hong Kong-based company. It is involved in the lodging business sector. The principal activities of the group include property investment, hotel operation, and investment holding. The company has reportable segment such: Trading of building materials and fit-out construction service, including supply of furniture and building materials and provisions of the design and fit-out construction service. Geographically the company operates in Hong Kong and Macau.
56GF Score
Get the complete analysis for HKSE:00022
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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