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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. Melbourne Enterprises's annualized net income for the quarter that ended in Mar. 2026 was HK$40.2 Mil. Melbourne Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$6,372.9 Mil. Therefore, Melbourne Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.63%.
The historical rank and industry rank for Melbourne Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00158'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.91 Med: -1.69 Max: 26.39
Current: -7.3
During the past 13 years, Melbourne Enterprises's highest Return-on-Tangible-Equity was 26.39%. The lowest was -13.91%. And the median was -1.69%.
HKSE:00158's Return-on-Tangible-Equity is ranked worse than 83.92% of 1716
companies
in the Real Estate industry
Industry Median: 4.44
vs HKSE:00158: -7.30
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.
Melbourne Enterprises Return-on-Tangible-Equity Related Terms
Melbourne Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Melbourne Enterprises'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:00158 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Melbourne Enterprises'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.
Melbourne Enterprises Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Melbourne Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Melbourne Enterprises'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 0.63% mean?
Melbourne Enterprises (HKSE:00158) has a Return-on-Tangible-Equity of 0.63% 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 Melbourne Enterprises and its competitors. According to the industry distribution chart, Melbourne Enterprises ranks #1440 out of 1716 companies in the Real Estate industry, placing it in the top 83.9%.
Is Melbourne Enterprises' Return-on-Tangible-Equity too high?
Melbourne Enterprises' current Return-on-Tangible-Equity is 0.63%. The Real Estate industry median Return-on-Tangible-Equity is 4.44. Melbourne Enterprises' value of 0.63% is 85.8% below this industry median. Based on the distribution chart, Melbourne Enterprises ranks #1440 out of 1716 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Melbourne Enterprises has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Melbourne Enterprises' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Melbourne Enterprises ranks #1440 out of 1716 companies for Return-on-Tangible-Equity. This places Melbourne Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.44. Melbourne Enterprises' value of 0.63% is 85.8% below this benchmark. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.44, based on 1,716 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. Melbourne Enterprises's current Return-on-Tangible-Equity of 0.63% is 85.8% below 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 Melbourne Enterprises and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melbourne Enterprises's current Return-on-Tangible-Equity is 0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melbourne Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Melbourne Enterprises (HKSE:00158) is currently considered Fairly Valued. The stock's GF Value™ is HK$63.95, compared to a current price of HK$58.00 — trading 9.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.63% and 85.8% below the Real Estate industry median of 4.44. Melbourne Enterprises' overall GF Score™ is 60/100 with 3 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 Melbourne Enterprises (HKSE:00158), the current Return-on-Tangible-Equity is 0.63% 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 Melbourne Enterprises (HKSE:00158) Overvalued in 2026?
Based on GuruFocus' analysis, Melbourne Enterprises stock appears to be undervalued.
The current stock price of HK$58.00 is trading 9.3% below its estimated GF Value™ of HK$63.95.
GuruFocus considers Melbourne Enterprises to be Fairly Valued.
Key valuation signals for HKSE:00158:
Return-on-Tangible-Equity: 0.63%
GF Value™: HK$63.95 vs. price of HK$58.00 (9.3% below fair value)
Industry Position: 85.8% below the Real Estate median (#1440 of 1716)
No single metric tells the full story. See the HKSE:00158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melbourne Enterprises Ltd is an investment holding company. The company and its subsidiary company are principally engaged in property investment and investment holding in Hong Kong. The company's only operating segment is property investment. It generates the majority of revenue from the Rental income. The properties under the company include Melbourne Plaza, Kimley Commercial Building, as well as Retail properties in the On Hing Mansion Shop 9B.
60GF Score
Get the complete analysis for HKSE:00158
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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