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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.
FEG HoldingsHKSE:01413 43 Return-on-Tangible-Equity is -28.69% as of Mar. 2026. GuruFocus rates HKSE:01413 with a GF Score™ of 43/100 and a GF Value™ of HK$0.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,709 Construction companies, FEG Holdings ranks worse than 91.57% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. FEG Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$-58.5 Mil. FEG Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$204.0 Mil. Therefore, FEG Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -28.69%.
The historical rank and industry rank for FEG Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01413'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.4 Med: 9.95 Max: 53.26
Current: -25.79
During the past 9 years, FEG Holdings's highest Return-on-Tangible-Equity was 53.26%. The lowest was -33.40%. And the median was 9.95%.
HKSE:01413's Return-on-Tangible-Equity is ranked worse than 91.57% of 1709
companies
in the Construction industry
Industry Median: 8.17
vs HKSE:01413: -25.79
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.
FEG Holdings Return-on-Tangible-Equity Related Terms
FEG Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FEG 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.
HKSE:01413 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, FEG 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.
FEG Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, FEG Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FEG 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 -28.69% mean?
FEG Holdings (HKSE:01413) has a Return-on-Tangible-Equity of -28.69% 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 FEG Holdings and its competitors. According to the industry distribution chart, FEG Holdings ranks #1565 out of 1709 companies in the Construction industry, placing it in the top 91.6%.
Is FEG Holdings' Return-on-Tangible-Equity too high?
FEG Holdings' current Return-on-Tangible-Equity is -28.69%. Based on the distribution chart, FEG Holdings ranks #1565 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, FEG Holdings has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FEG Holdings' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, FEG Holdings ranks #1565 out of 1709 companies for Return-on-Tangible-Equity. This places FEG Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.17. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.17, based on 1,709 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 FEG Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FEG Holdings's current Return-on-Tangible-Equity is -28.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FEG Holdings stock overvalued right now?
Based on GuruFocus' analysis, FEG Holdings (HKSE:01413) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.21 — trading 18% below its estimated fair value. The current Return-on-Tangible-Equity is -28.69%. FEG Holdings' overall GF Score™ is 43/100 with 6 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 FEG Holdings (HKSE:01413), the current Return-on-Tangible-Equity is -28.69% 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 FEG Holdings (HKSE:01413) Overvalued in 2026?
Based on GuruFocus' analysis, FEG Holdings stock appears to be undervalued.
The current stock price of HK$0.21 is trading 18% below its estimated GF Value™ of HK$0.25.
GuruFocus considers FEG Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:01413:
Return-on-Tangible-Equity: -28.69%
GF Value™: HK$0.25 vs. price of HK$0.21 (18% below fair value)
No single metric tells the full story. See the HKSE:01413 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FEG Holdings Corp Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support, as well as other related projects, including pile cap engineering, underground drainage engineering, and site leveling engineering. The group's operations are located in Hong Kong.
43GF Score
Get the complete analysis for HKSE:01413
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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