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The historical rank and industry rank for Hong Kong Economic Times Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00423'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.6 Med: 3.46 Max: 8.33
Current: -5.6
During the past 13 years, Hong Kong Economic Times Holdings's highest Return-on-Tangible-Equity was 8.33%. The lowest was -5.60%. And the median was 3.46%.
HKSE:00423's Return-on-Tangible-Equity is ranked worse than 74.65% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs HKSE:00423: -5.60
Hong Kong Economic Times Holdings (HKSE:00423) 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.
Hong Kong Economic Times Holdings Return-on-Tangible-Equity Related Terms
Hong Kong Economic Times Holdings Return-on-Tangible-Equity Historical Data
* 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.
Hong Kong Economic Times Holdings Return-on-Tangible-Equity Chart
HKSE:00423 vs NYT, WLY: Return-on-Tangible-Equity Comparison
For the Publishing subindustry, Hong Kong Economic Times 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.
Hong Kong Economic Times Holdings Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hong Kong Economic Times 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 (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 -5.20% mean?
Hong Kong Economic Times Holdings (HKSE:00423) has a Return-on-Tangible-Equity of -5.20% 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 Hong Kong Economic Times Holdings and its competitors. According to the industry distribution chart, Hong Kong Economic Times Holdings ranks #645 out of 864 companies in the Media - Diversified industry, placing it in the top 74.7%.
Is Hong Kong Economic Times Holdings' Return-on-Tangible-Equity too high?
Hong Kong Economic Times Holdings' current Return-on-Tangible-Equity is -5.20%. Based on the distribution chart, Hong Kong Economic Times Holdings ranks #645 out of 864 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' Return-on-Tangible-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hong Kong Economic Times Holdings ranks #645 out of 864 companies for Return-on-Tangible-Equity. This places Hong Kong Economic Times Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.44. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 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 Hong Kong Economic Times Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current Return-on-Tangible-Equity is -5.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.68, compared to a current price of HK$0.70 — trading 2.9% above its estimated fair value. The current Return-on-Tangible-Equity is -5.20%. Hong Kong Economic Times Holdings' overall GF Score™ is 42/100 with 2 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 Hong Kong Economic Times Holdings (HKSE:00423), the current Return-on-Tangible-Equity is -5.20% 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 Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be overvalued.
The current stock price of HK$0.70 is trading 2.9% above its estimated GF Value™ of HK$0.68.
GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.
Key valuation signals for HKSE:00423:
Return-on-Tangible-Equity: -5.20%
GF Value™: HK$0.68 vs. price of HK$0.70 (2.9% above fair value)
No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Economic Times Holdings Business Description
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
42GF Score
Get the complete analysis for HKSE:00423
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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