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DL Holdings GroupHKSE:01709 +0.97%52 Return-on-Tangible-Equity is 17.92% as of Mar. 2026, which is 24% below its 10-year median of 23.73. GuruFocus rates HKSE:01709 with a GF Score™ of 52/100 and a GF Value™ of HK$5.39 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 470 Diversified Financial Services companies, DL Holdings Group ranks better than 94.47% 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. DL Holdings Group's annualized net income for the quarter that ended in Mar. 2026 was HK$325.4 Mil. DL Holdings Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$1,815.9 Mil. Therefore, DL Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.92%.
The historical rank and industry rank for DL Holdings Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01709'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.81 Med: 23.73 Max: 63.44
Current: 25.71
During the past 12 years, DL Holdings Group's highest Return-on-Tangible-Equity was 63.44%. The lowest was -31.81%. And the median was 23.73%.
HKSE:01709's Return-on-Tangible-Equity is ranked better than 94.47% of 470
companies
in the Diversified Financial Services industry
Industry Median: 1.705
vs HKSE:01709: 25.71
DL Holdings Group (HKSE:01709) 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.
DL Holdings Group Return-on-Tangible-Equity Related Terms
DL Holdings Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for DL Holdings Group'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:01709 vs FRHC, VOYA: Return-on-Tangible-Equity Comparison
For the Financial Conglomerates subindustry, DL Holdings Group'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.
DL Holdings Group Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DL Holdings Group'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 17.92% mean?
DL Holdings Group (HKSE:01709) has a Return-on-Tangible-Equity of 17.92% 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 DL Holdings Group and its competitors. This is 24% below median its historical median of 23.73. According to the industry distribution chart, DL Holdings Group ranks #26 out of 470 companies in the Diversified Financial Services industry, placing it in the top 5.5%.
Is DL Holdings Group's Return-on-Tangible-Equity too high?
DL Holdings Group's current Return-on-Tangible-Equity of 17.92% is 24% below median its 10-year median of 23.73. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.71. DL Holdings Group's value of 17.92% is 951% above this industry median. Based on the distribution chart, DL Holdings Group ranks #26 out of 470 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, DL Holdings Group has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DL Holdings Group's Return-on-Tangible-Equity compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, DL Holdings Group ranks #26 out of 470 companies for Return-on-Tangible-Equity. This places DL Holdings Group in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.71. DL Holdings Group's value of 17.92% is 951% above this benchmark. While the company's 10-year median is 23.73 vs. the industry median of 1.71, DL Holdings Group 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.71, based on 470 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. DL Holdings Group's current Return-on-Tangible-Equity of 17.92% is 951% 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 DL Holdings Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DL Holdings Group's current Return-on-Tangible-Equity is 17.92%, which is 24% below median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DL Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, DL Holdings Group (HKSE:01709) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.39, compared to a current price of HK$1.04 — trading 80.7% below its estimated fair value. The current Return-on-Tangible-Equity is 17.92%, which is 24% below median its 10-year median of 23.73 and 951% above the Diversified Financial Services industry median of 1.71. DL Holdings Group's overall GF Score™ is 52/100 with 5 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 DL Holdings Group (HKSE:01709), the current Return-on-Tangible-Equity is 17.92% 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 DL Holdings Group (HKSE:01709) Overvalued in 2026?
Based on GuruFocus' analysis, DL Holdings Group stock appears to be undervalued.
The current stock price of HK$1.04 is trading 80.7% below its estimated GF Value™ of HK$5.39.
GuruFocus considers DL Holdings Group to be Possible Value Trap.
Key valuation signals for HKSE:01709:
Return-on-Tangible-Equity: 17.92% (24% below median its 10-year median of 23.73)
GF Value™: HK$5.39 vs. price of HK$1.04 (80.7% below fair value)
Industry Position: 951% above the Diversified Financial Services median (#26 of 470)
No single metric tells the full story. See the HKSE:01709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Family office services business, Money lending services and Enterprise solutions services, Sales of apparel products. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.
52GF Score
Get the complete analysis for HKSE:01709
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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