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Reliance Global HoldingsHKSE:00723 -2.13%36 Return-on-Tangible-Equity is 28.35% as of Mar. 2026, which is 168% above its 10-year median of 10.59. GuruFocus rates HKSE:00723 with a GF Score™ of 36/100 and a GF Value™ of HK$0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 279 Forest Products companies, Reliance Global Holdings ranks better than 92.11% 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. Reliance Global Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$80.4 Mil. Reliance Global Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$283.8 Mil. Therefore, Reliance Global Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.35%.
The historical rank and industry rank for Reliance Global Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:00723'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.63 Med: 10.59 Max: 19.21
Current: 16.08
During the past 13 years, Reliance Global Holdings's highest Return-on-Tangible-Equity was 19.21%. The lowest was -6.63%. And the median was 10.59%.
HKSE:00723's Return-on-Tangible-Equity is ranked better than 92.11% of 279
companies
in the Forest Products industry
Industry Median: 2.19
vs HKSE:00723: 16.08
Reliance Global Holdings (HKSE:00723) 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.
Reliance Global Holdings Return-on-Tangible-Equity Related Terms
Reliance Global Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Reliance Global Holdings'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.
Reliance Global Holdings Return-on-Tangible-Equity Chart
HKSE:00723 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison
For the Lumber & Wood Production subindustry, Reliance Global 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.
Reliance Global Holdings Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Reliance Global Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Reliance Global 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 28.35% mean?
Reliance Global Holdings (HKSE:00723) has a Return-on-Tangible-Equity of 28.35% 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 Reliance Global Holdings and its competitors. This is 168% above median its historical median of 10.59. According to the industry distribution chart, Reliance Global Holdings ranks #22 out of 279 companies in the Forest Products industry, placing it in the top 7.9%.
Is Reliance Global Holdings' Return-on-Tangible-Equity too high?
Reliance Global Holdings' current Return-on-Tangible-Equity of 28.35% is 168% above median its 10-year median of 10.59. The Forest Products industry median Return-on-Tangible-Equity is 2.19. Reliance Global Holdings' value of 28.35% is 1194.5% above this industry median. Based on the distribution chart, Reliance Global Holdings ranks #22 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Reliance Global Holdings has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Global Holdings' Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Reliance Global Holdings ranks #22 out of 279 companies for Return-on-Tangible-Equity. This places Reliance Global Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 2.19. Reliance Global Holdings' value of 28.35% is 1194.5% above this benchmark. While the company's 10-year median is 10.59 vs. the industry median of 2.19, Reliance Global Holdings has consistently been above 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.19, based on 279 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. Reliance Global Holdings's current Return-on-Tangible-Equity of 28.35% is 1194.5% above 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 Reliance Global Holdings and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Global Holdings's current Return-on-Tangible-Equity is 28.35%, which is 168% above median its own 10-year median of 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Reliance Global Holdings (HKSE:00723) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.23 — trading 283.3% above its estimated fair value. The current Return-on-Tangible-Equity is 28.35%, which is 168% above median its 10-year median of 10.59 and 1194.5% above the Forest Products industry median of 2.19. Reliance Global Holdings' overall GF Score™ is 36/100 with 7 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 Reliance Global Holdings (HKSE:00723), the current Return-on-Tangible-Equity is 28.35% 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 Reliance Global Holdings (HKSE:00723) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Global Holdings stock appears to be overvalued.
The current stock price of HK$0.23 is trading 283.3% above its estimated GF Value™ of HK$0.06.
GuruFocus considers Reliance Global Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00723:
Return-on-Tangible-Equity: 28.35% (168% above median its 10-year median of 10.59)
GF Value™: HK$0.06 vs. price of HK$0.23 (283.3% above fair value)
Industry Position: 1194.5% above the Forest Products median (#22 of 279)
No single metric tells the full story. See the HKSE:00723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Global Holdings Ltd is an investment holding company. It operates through four segments namely forest-related business comprising timber supply chain and sustainable forest management, money lending business, and leasing of properties. The company generates a majority of its revenue from the sale of timber and wooden products segment. Its geographical segments include China, Hong Kong, Asia, Europe, and the Middle East, out of which the majority of the revenue derives from China.
36GF 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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