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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. ITC Properties Group's annualized net income for the quarter that ended in Mar. 2026 was HK$-814.1 Mil. ITC Properties Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$1,898.1 Mil. Therefore, ITC Properties Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -42.89%.
The historical rank and industry rank for ITC Properties Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00199'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.95 Med: -10.7 Max: 15.13
Current: -26.59
During the past 13 years, ITC Properties Group's highest Return-on-Tangible-Equity was 15.13%. The lowest was -31.95%. And the median was -10.70%.
HKSE:00199's Return-on-Tangible-Equity is ranked worse than 92.73% of 798
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs HKSE:00199: -26.59
ITC Properties Group (HKSE:00199) 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.
ITC Properties Group Return-on-Tangible-Equity Related Terms
ITC Properties Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ITC Properties Group'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.
ITC Properties Group Return-on-Tangible-Equity Chart
HKSE:00199 vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, ITC Properties Group'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.
ITC Properties Group Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ITC Properties Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ITC Properties Group'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 -42.89% mean?
ITC Properties Group (HKSE:00199) has a Return-on-Tangible-Equity of -42.89% 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 ITC Properties Group and its competitors. According to the industry distribution chart, ITC Properties Group ranks #740 out of 798 companies in the Travel & Leisure industry, placing it in the top 92.7%.
Is ITC Properties Group's Return-on-Tangible-Equity too high?
ITC Properties Group's current Return-on-Tangible-Equity is -42.89%. Based on the distribution chart, ITC Properties Group ranks #740 out of 798 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, ITC Properties Group has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITC Properties Group's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, ITC Properties Group ranks #740 out of 798 companies for Return-on-Tangible-Equity. This places ITC Properties Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.69. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 798 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 ITC Properties Group and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC Properties Group's current Return-on-Tangible-Equity is -42.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC Properties Group stock overvalued right now?
Based on GuruFocus' analysis, ITC Properties Group (HKSE:00199) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.83, compared to a current price of HK$2.79 — trading 52.2% above its estimated fair value. The current Return-on-Tangible-Equity is -42.89%. ITC Properties Group's overall GF Score™ is 47/100 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 ITC Properties Group (HKSE:00199), the current Return-on-Tangible-Equity is -42.89% 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 ITC Properties Group (HKSE:00199) Overvalued in 2026?
Based on GuruFocus' analysis, ITC Properties Group stock appears to be overvalued.
The current stock price of HK$2.79 is trading 52.2% above its estimated GF Value™ of HK$1.83.
GuruFocus considers ITC Properties Group to be Significantly Overvalued.
Key valuation signals for HKSE:00199:
Return-on-Tangible-Equity: -42.89%
GF Value™: HK$1.83 vs. price of HK$2.79 (52.2% above fair value)
No single metric tells the full story. See the HKSE:00199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITC Properties Group Ltd is an investment holding company principally engaged in the development of, selling of, and investment in properties in Macau, Hong Kong, the PRC, and Canada; securities investments and provision of loan financing services. Its reportable and operating segments are Property, Hotel and leisure, Securities investments, and Finance. It generates maximum revenue from the Property segment, which includes the development, selling of and investment in properties. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Hong Kong, Macau, PRC, Canada, and Other Countries.
47GF Score
Get the complete analysis for HKSE:00199
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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