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AP Rentals HoldingsHKSE:01496 38 Return-on-Tangible-Equity is 4.79% as of Mar. 2026, which is 5% above its 10-year median of 4.56. GuruFocus rates HKSE:01496 with a GF Score™ of 38/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,012 Business Services companies, AP Rentals Holdings ranks worse than 68.28% 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. AP Rentals Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$11.2 Mil. AP Rentals Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$234.8 Mil. Therefore, AP Rentals Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.79%.
The historical rank and industry rank for AP Rentals Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01496'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.53 Med: 4.56 Max: 8.79
Current: 4.55
During the past 12 years, AP Rentals Holdings's highest Return-on-Tangible-Equity was 8.79%. The lowest was -8.53%. And the median was 4.56%.
HKSE:01496's Return-on-Tangible-Equity is ranked worse than 68.28% of 1012
companies
in the Business Services industry
Industry Median: 10.99
vs HKSE:01496: 4.55
AP Rentals Holdings (HKSE:01496) 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.
AP Rentals Holdings Return-on-Tangible-Equity Related Terms
AP Rentals Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AP Rentals 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.
AP Rentals Holdings Return-on-Tangible-Equity Chart
HKSE:01496 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, AP Rentals 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.
AP Rentals Holdings Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, AP Rentals Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AP Rentals 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 4.79% mean?
AP Rentals Holdings (HKSE:01496) has a Return-on-Tangible-Equity of 4.79% 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 AP Rentals Holdings and its competitors. This is near median its historical median of 4.56. According to the industry distribution chart, AP Rentals Holdings ranks #691 out of 1012 companies in the Business Services industry, placing it in the top 68.3%.
Is AP Rentals Holdings' Return-on-Tangible-Equity too high?
AP Rentals Holdings' current Return-on-Tangible-Equity of 4.79% is near median its 10-year median of 4.56. The Business Services industry median Return-on-Tangible-Equity is 10.99. AP Rentals Holdings' value of 4.79% is 56.4% below this industry median. Based on the distribution chart, AP Rentals Holdings ranks #691 out of 1012 companies in the Business Services industry, which is below the industry midpoint. Overall, AP Rentals Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Rentals Holdings' Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, AP Rentals Holdings ranks #691 out of 1012 companies for Return-on-Tangible-Equity. This places AP Rentals Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.99. AP Rentals Holdings' value of 4.79% is 56.4% below this benchmark. While the company's 10-year median is 4.56 vs. the industry median of 10.99, AP Rentals Holdings 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.99, based on 1,012 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. AP Rentals Holdings's current Return-on-Tangible-Equity of 4.79% is 56.4% 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 AP Rentals Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP Rentals Holdings's current Return-on-Tangible-Equity is 4.79%, which is near median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Rentals Holdings stock overvalued right now?
Based on GuruFocus' analysis, AP Rentals Holdings (HKSE:01496) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 48.3% above its estimated fair value. The current Return-on-Tangible-Equity is 4.79%, which is near median its 10-year median of 4.56 and 56.4% below the Business Services industry median of 10.99. AP Rentals Holdings' overall GF Score™ is 38/100 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 AP Rentals Holdings (HKSE:01496), the current Return-on-Tangible-Equity is 4.79% 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 AP Rentals Holdings (HKSE:01496) Overvalued in 2026?
Based on GuruFocus' analysis, AP Rentals Holdings stock appears to be overvalued.
The current stock price of HK$0.18 is trading 48.3% above its estimated GF Value™ of HK$0.12.
GuruFocus considers AP Rentals Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01496:
Return-on-Tangible-Equity: 4.79% (near median its 10-year median of 4.56)
GF Value™: HK$0.12 vs. price of HK$0.18 (48.3% above fair value)
Industry Position: 56.4% below the Business Services median (#691 of 1012)
No single metric tells the full story. See the HKSE:01496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.
38GF Score
Get the complete analysis for HKSE:01496
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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