Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Pokfulam Development CoHKSE:00225 +0.68%65 Return-on-Tangible-Equity is 1.99% as of Mar. 2026, which is 44% above its 10-year median of 1.38. GuruFocus rates HKSE:00225 with a GF Score™ of 65/100 and a GF Value™ of HK$5.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,717 Real Estate companies, Pokfulam Development Co ranks worse than 73.79% 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. Pokfulam Development Co's annualized net income for the quarter that ended in Mar. 2026 was HK$87.3 Mil. Pokfulam Development Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$4,378.4 Mil. Therefore, Pokfulam Development Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.99%.
The historical rank and industry rank for Pokfulam Development Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00225'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.1 Med: 1.38 Max: 9.21
Current: -0.93
During the past 13 years, Pokfulam Development Co's highest Return-on-Tangible-Equity was 9.21%. The lowest was -12.10%. And the median was 1.38%.
HKSE:00225's Return-on-Tangible-Equity is ranked worse than 73.79% of 1717
companies
in the Real Estate industry
Industry Median: 4.41
vs HKSE:00225: -0.93
Pokfulam Development Co (HKSE:00225) 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.
Pokfulam Development Co Return-on-Tangible-Equity Related Terms
Pokfulam Development Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pokfulam Development Co'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.
Pokfulam Development Co Return-on-Tangible-Equity Chart
HKSE:00225 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Pokfulam Development Co'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.
Pokfulam Development Co Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Pokfulam Development Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pokfulam Development Co'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 1.99% mean?
Pokfulam Development Co (HKSE:00225) has a Return-on-Tangible-Equity of 1.99% 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 Pokfulam Development Co and its competitors. This is 44% above median its historical median of 1.38. According to the industry distribution chart, Pokfulam Development Co ranks #1267 out of 1717 companies in the Real Estate industry, placing it in the top 73.8%.
Is Pokfulam Development Co's Return-on-Tangible-Equity too high?
Pokfulam Development Co's current Return-on-Tangible-Equity of 1.99% is 44% above median its 10-year median of 1.38. The Real Estate industry median Return-on-Tangible-Equity is 4.41. Pokfulam Development Co's value of 1.99% is 54.9% below this industry median. Based on the distribution chart, Pokfulam Development Co ranks #1267 out of 1717 companies in the Real Estate industry, which is below the industry midpoint. Overall, Pokfulam Development Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pokfulam Development Co's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Pokfulam Development Co ranks #1267 out of 1717 companies for Return-on-Tangible-Equity. This places Pokfulam Development Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Pokfulam Development Co's value of 1.99% is 54.9% below this benchmark. While the company's 10-year median is 1.38 vs. the industry median of 4.41, Pokfulam Development Co has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.41, based on 1,717 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. Pokfulam Development Co's current Return-on-Tangible-Equity of 1.99% is 54.9% 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 Pokfulam Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pokfulam Development Co's current Return-on-Tangible-Equity is 1.99%, which is 44% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pokfulam Development Co stock overvalued right now?
Based on GuruFocus' analysis, Pokfulam Development Co (HKSE:00225) is currently considered Fairly Valued. The stock's GF Value™ is HK$5.59, compared to a current price of HK$5.15 — trading 7.9% below its estimated fair value. The current Return-on-Tangible-Equity is 1.99%, which is 44% above median its 10-year median of 1.38 and 54.9% below the Real Estate industry median of 4.41. Pokfulam Development Co's overall GF Score™ is 65/100 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 Pokfulam Development Co (HKSE:00225), the current Return-on-Tangible-Equity is 1.99% 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 Pokfulam Development Co (HKSE:00225) Overvalued in 2026?
Based on GuruFocus' analysis, Pokfulam Development Co stock appears to be undervalued.
The current stock price of HK$5.15 is trading 7.9% below its estimated GF Value™ of HK$5.59.
GuruFocus considers Pokfulam Development Co to be Fairly Valued.
Key valuation signals for HKSE:00225:
Return-on-Tangible-Equity: 1.99% (44% above median its 10-year median of 1.38)
GF Value™: HK$5.59 vs. price of HK$5.15 (7.9% below fair value)
Industry Position: 54.9% below the Real Estate median (#1267 of 1717)
No single metric tells the full story. See the HKSE:00225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenue is generated from Hong Kong.
65GF Score
Get the complete analysis for HKSE:00225
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00225 has been successfully added to your 
