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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. Standard Development Group's annualized net income for the quarter that ended in Mar. 2026 was HK$9.0 Mil. Standard Development Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$76.9 Mil. Therefore, Standard Development Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.64%.
The historical rank and industry rank for Standard Development Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01867'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.79 Med: -2.38 Max: 24.82
Current: -19.88
During the past 12 years, Standard Development Group's highest Return-on-Tangible-Equity was 24.82%. The lowest was -41.79%. And the median was -2.38%.
HKSE:01867's Return-on-Tangible-Equity is ranked worse than 89.7% of 1010
companies
in the Business Services industry
Industry Median: 11.01
vs HKSE:01867: -19.88
Standard Development Group (HKSE:01867) 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.
Standard Development Group Return-on-Tangible-Equity Related Terms
Standard Development Group Return-on-Tangible-Equity Historical Data
* 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.
Standard Development Group Return-on-Tangible-Equity Chart
HKSE:01867 vs VRSK, EFX, BAH: Return-on-Tangible-Equity Comparison
For the Consulting Services subindustry, Standard Development 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.
Standard Development Group Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Standard Development Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Standard Development 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 11.64% mean?
Standard Development Group (HKSE:01867) has a Return-on-Tangible-Equity of 11.64% 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 Standard Development Group and its competitors. According to the industry distribution chart, Standard Development Group ranks #906 out of 1010 companies in the Business Services industry, placing it in the top 89.7%.
Is Standard Development Group's Return-on-Tangible-Equity too high?
Standard Development Group's current Return-on-Tangible-Equity is 11.64%. The Business Services industry median Return-on-Tangible-Equity is 11.01. Standard Development Group's value of 11.64% is 5.7% above this industry median. Based on the distribution chart, Standard Development Group ranks #906 out of 1010 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Standard Development Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Development Group's Return-on-Tangible-Equity compare to VRSK and EFX?
According to the Business Services industry distribution chart, Standard Development Group ranks #906 out of 1010 companies for Return-on-Tangible-Equity. This places Standard Development Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.01. Standard Development Group's value of 11.64% is 5.7% above this benchmark. 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 11.01, based on 1,010 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. Standard Development Group's current Return-on-Tangible-Equity of 11.64% is 5.7% 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 Standard Development Group and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 11.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Development Group's current Return-on-Tangible-Equity is 11.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Development Group stock overvalued right now?
Based on GuruFocus' analysis, Standard Development Group (HKSE:01867) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.23 — trading 154.4% above its estimated fair value. The current Return-on-Tangible-Equity is 11.64% and 5.7% above the Business Services industry median of 11.01. Standard Development Group's overall GF Score™ is 41/100 with 11 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 Standard Development Group (HKSE:01867), the current Return-on-Tangible-Equity is 11.64% 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 Standard Development Group (HKSE:01867) Overvalued in 2026?
Based on GuruFocus' analysis, Standard Development Group stock appears to be overvalued.
The current stock price of HK$0.23 is trading 154.4% above its estimated GF Value™ of HK$0.09.
GuruFocus considers Standard Development Group to be Significantly Overvalued.
Key valuation signals for HKSE:01867:
Return-on-Tangible-Equity: 11.64%
GF Value™: HK$0.09 vs. price of HK$0.23 (154.4% above fair value)
Industry Position: 5.7% above the Business Services median (#906 of 1010)
No single metric tells the full story. See the HKSE:01867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Standard Development Group Ltd is engaged in construction and engineering-related businesses, including interior fitting-out and renovation services, alteration, and addition work for properties, and petroleum trading and farming businesses. The company's reportable segment includes the Construction and engineering-related business, Petroleum business, Farming business and Bio-energy business. The majority of its revenue comes from the Petroleum business segment which engaged in the Construction and engineering related business.
41GF Score
Get the complete analysis for HKSE:01867
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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