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MoonHKSE:01723 +2.30%50 Return-on-Tangible-Equity is 94.31% as of Mar. 2026, which is 736% above its 10-year median of 11.28. GuruFocus rates HKSE:01723 with a GF Score™ of 50/100 and a GF Value™ of HK$0.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 326 Telecommunication Services companies, Moon ranks worse than 87.12% 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. Moon's annualized net income for the quarter that ended in Mar. 2026 was HK$335.7 Mil. Moon's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$356.0 Mil. Therefore, Moon's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 94.31%.
The historical rank and industry rank for Moon's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01723'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.23 Med: 11.28 Max: 43.25
Current: -10.55
During the past 11 years, Moon's highest Return-on-Tangible-Equity was 43.25%. The lowest was -14.23%. And the median was 11.28%.
HKSE:01723's Return-on-Tangible-Equity is ranked worse than 87.12% of 326
companies
in the Telecommunication Services industry
Industry Median: 15.05
vs HKSE:01723: -10.55
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.
Moon Return-on-Tangible-Equity Related Terms
Moon Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Moon'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:01723 vs VZ, TMUS, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Moon'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.
Moon Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Moon's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Moon'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 94.31% mean?
Moon (HKSE:01723) has a Return-on-Tangible-Equity of 94.31% 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 Moon and its competitors. This is 736% above median its historical median of 11.28. According to the industry distribution chart, Moon ranks #284 out of 326 companies in the Telecommunication Services industry, placing it in the top 87.1%.
Is Moon's Return-on-Tangible-Equity too high?
Moon's current Return-on-Tangible-Equity of 94.31% is 736% above median its 10-year median of 11.28. The Telecommunication Services industry median Return-on-Tangible-Equity is 15.05. Moon's value of 94.31% is 526.6% above this industry median. Based on the distribution chart, Moon ranks #284 out of 326 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Moon has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moon's Return-on-Tangible-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Moon ranks #284 out of 326 companies for Return-on-Tangible-Equity. This places Moon in the lower half of its industry. The industry median Return-on-Tangible-Equity is 15.05. Moon's value of 94.31% is 526.6% above this benchmark. While the company's 10-year median is 11.28 vs. the industry median of 15.05, Moon 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 15.05, based on 326 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. Moon's current Return-on-Tangible-Equity of 94.31% is 526.6% 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 Moon and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 15.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moon's current Return-on-Tangible-Equity is 94.31%, which is 736% above median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moon stock overvalued right now?
Based on GuruFocus' analysis, Moon (HKSE:01723) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.45 — trading 85.4% above its estimated fair value. The current Return-on-Tangible-Equity is 94.31%, which is 736% above median its 10-year median of 11.28 and 526.6% above the Telecommunication Services industry median of 15.05. Moon's overall GF Score™ is 50/100 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 Moon (HKSE:01723), the current Return-on-Tangible-Equity is 94.31% 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 Moon (HKSE:01723) Overvalued in 2026?
Based on GuruFocus' analysis, Moon stock appears to be overvalued.
The current stock price of HK$0.45 is trading 85.4% above its estimated GF Value™ of HK$0.24.
GuruFocus considers Moon to be Significantly Overvalued.
Key valuation signals for HKSE:01723:
Return-on-Tangible-Equity: 94.31% (736% above median its 10-year median of 11.28)
GF Value™: HK$0.24 vs. price of HK$0.45 (85.4% above fair value)
Industry Position: 526.6% above the Telecommunication Services median (#284 of 326)
No single metric tells the full story. See the HKSE:01723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Moon Inc is principally engaged in wholesale and retail sales of Pre-paid Products such as SIM Cards and Top-up Vouchers. The Group currently has one operating segment, which is revenue from the sale of the Pre-paid Products i.e., SIM Cards and top-up vouchers. Geographically, it operates only in Hong Kong.
50GF Score
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