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Fibocom WirelessHKSE:00638 +1.21%90 Return-on-Tangible-Equity is 0.67% as of Mar. 2026, which is 97% below its 10-year median of 22.38. GuruFocus rates HKSE:00638 with a GF Score™ of 90/100 and a GF Value™ of HK$8.21. The stock has 8 warning signs investors should review. Among 2,383 Hardware companies, Fibocom Wireless ranks better than 50.27% 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. Fibocom Wireless's annualized net income for the quarter that ended in Mar. 2026 was HK$44 Mil. Fibocom Wireless's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$6,534 Mil. Therefore, Fibocom Wireless's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.67%.
The historical rank and industry rank for Fibocom Wireless's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00638'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.56 Med: 22.38 Max: 32.05
Current: 5.56
During the past 13 years, Fibocom Wireless's highest Return-on-Tangible-Equity was 32.05%. The lowest was 5.56%. And the median was 22.38%.
HKSE:00638's Return-on-Tangible-Equity is ranked better than 50.27% of 2383
companies
in the Hardware industry
Industry Median: 5.49
vs HKSE:00638: 5.56
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.
Fibocom Wireless Return-on-Tangible-Equity Related Terms
Fibocom Wireless Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fibocom Wireless'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:00638 vs CSCO, MSI, HPE: Return-on-Tangible-Equity Comparison
For the Communication Equipment subindustry, Fibocom Wireless'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.
Fibocom Wireless Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Fibocom Wireless's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fibocom Wireless'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 four times the quarterly (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 0.67% mean?
Fibocom Wireless (HKSE:00638) has a Return-on-Tangible-Equity of 0.67% 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 Fibocom Wireless and its competitors. This is 97% below median its historical median of 22.38. Over the past decade, Fibocom Wireless' Return-on-Tangible-Equity has ranged from 5.56 to 32.05. According to the industry distribution chart, Fibocom Wireless ranks #1185 out of 2383 companies in the Hardware industry, placing it in the top 49.7%.
Is Fibocom Wireless' Return-on-Tangible-Equity too high?
Fibocom Wireless' current Return-on-Tangible-Equity of 0.67% is 97% below median its 10-year median of 22.38. Over the past 10 years, this metric has ranged from a low of 5.56 to a high of 32.05. The Hardware industry median Return-on-Tangible-Equity is 5.49. Fibocom Wireless' value of 0.67% is 87.8% below this industry median. Based on the distribution chart, Fibocom Wireless ranks #1185 out of 2383 companies in the Hardware industry, which is above the industry midpoint. Overall, Fibocom Wireless has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Fibocom Wireless' Return-on-Tangible-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Fibocom Wireless ranks #1185 out of 2383 companies for Return-on-Tangible-Equity. This puts Fibocom Wireless in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.49. Fibocom Wireless' value of 0.67% is 87.8% below this benchmark. Historically, Fibocom Wireless' own Return-on-Tangible-Equity has ranged from 5.56 to 32.05 over the past decade. While the company's 10-year median is 22.38 vs. the industry median of 5.49, Fibocom Wireless 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.49, based on 2,383 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. Fibocom Wireless's current Return-on-Tangible-Equity of 0.67% is 87.8% 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 Fibocom Wireless and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fibocom Wireless's current Return-on-Tangible-Equity is 0.67%, which is 97% below median its own 10-year median of 22.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibocom Wireless stock overvalued right now?
Fibocom Wireless (HKSE:00638) has a current Return-on-Tangible-Equity of 0.67%. The stock's GF Value™ is HK$8.21, compared to a current price of HK$7.98 — trading 2.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.67%, which is 97% below median its 10-year median of 22.38 and 87.8% below the Hardware industry median of 5.49. Fibocom Wireless' overall GF Score™ is 90/100 with 8 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 Fibocom Wireless (HKSE:00638), the current Return-on-Tangible-Equity is 0.67% 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 Fibocom Wireless (HKSE:00638) Overvalued in 2026?
Based on GuruFocus' analysis, Fibocom Wireless stock appears to be undervalued.
The current stock price of HK$7.98 is trading 2.9% below its estimated GF Value™ of HK$8.21.
Key valuation signals for HKSE:00638:
Return-on-Tangible-Equity: 0.67% (97% below median its 10-year median of 22.38)
GF Value™: HK$8.21 vs. price of HK$7.98 (2.9% below fair value)
Industry Position: 87.8% below the Hardware median (#1185 of 2383)
No single metric tells the full story. See the HKSE:00638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fibocom Wireless Inc, along with its subsidiaries, is engaged in the design, R&D, and sales services of wireless communication modules and communication solutions for industry applications. The company's primary products include wireless communication modules based on 2G, 3G, 4G, 5G, NB-IoT , AI, and other technologies, as well as communication solutions tailored to their industry applications. These wireless communication modules are widely used in fields such as mobile payment, smart grids, vehicle networking, security monitoring, and mobile internet, enabling terminal devices to access the wireless communication networks for data transmission and interaction.
90GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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