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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. King's Stone Holdings Group's annualized net income for the quarter that ended in Mar. 2026 was HK$6.2 Mil. King's Stone Holdings Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$101.5 Mil. Therefore, King's Stone Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.12%.
The historical rank and industry rank for King's Stone Holdings Group's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:01943'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -70.92 Med: -2.57 Max: 42.27
Current: -14.22
During the past 11 years, King's Stone Holdings Group's highest Return-on-Tangible-Equity was 42.27%. The lowest was -70.92%. And the median was -2.57%.
HKSE:01943's Return-on-Tangible-Equity is ranked worse than 89.72% of 399
companies
in the Building Materials industry
Industry Median: 5.08
vs HKSE:01943: -14.22
King's Stone Holdings Group (HKSE:01943) 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.
King's Stone Holdings Group Return-on-Tangible-Equity Related Terms
King's Stone Holdings 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.
King's Stone Holdings Group Return-on-Tangible-Equity Chart
HKSE:01943 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, King's Stone 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.
King's Stone Holdings Group Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, King's Stone Holdings Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where King's Stone 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 6.12% mean?
King's Stone Holdings Group (HKSE:01943) has a Return-on-Tangible-Equity of 6.12% 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 King's Stone Holdings Group and its competitors. According to the industry distribution chart, King's Stone Holdings Group ranks #358 out of 399 companies in the Building Materials industry, placing it in the top 89.7%.
Is King's Stone Holdings Group's Return-on-Tangible-Equity too high?
King's Stone Holdings Group's current Return-on-Tangible-Equity is 6.12%. The Building Materials industry median Return-on-Tangible-Equity is 5.08. King's Stone Holdings Group's value of 6.12% is 20.5% above this industry median. Based on the distribution chart, King's Stone Holdings Group ranks #358 out of 399 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, King's Stone Holdings Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King's Stone Holdings Group's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, King's Stone Holdings Group ranks #358 out of 399 companies for Return-on-Tangible-Equity. This places King's Stone Holdings Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. King's Stone Holdings Group's value of 6.12% is 20.5% 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 399 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. King's Stone Holdings Group's current Return-on-Tangible-Equity of 6.12% is 20.5% 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 King's Stone Holdings Group and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. King's Stone Holdings Group's current Return-on-Tangible-Equity is 6.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King's Stone Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, King's Stone Holdings Group (HKSE:01943) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.99, compared to a current price of HK$1.40 — trading 40.9% above its estimated fair value. The current Return-on-Tangible-Equity is 6.12% and 20.5% above the Building Materials industry median of 5.08. King's Stone Holdings Group's overall GF Score™ is 46/100 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 King's Stone Holdings Group (HKSE:01943), the current Return-on-Tangible-Equity is 6.12% 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 King's Stone Holdings Group (HKSE:01943) Overvalued in 2026?
Based on GuruFocus' analysis, King's Stone Holdings Group stock appears to be overvalued.
The current stock price of HK$1.40 is trading 40.9% above its estimated GF Value™ of HK$0.99.
GuruFocus considers King's Stone Holdings Group to be Significantly Overvalued.
Key valuation signals for HKSE:01943:
Return-on-Tangible-Equity: 6.12%
GF Value™: HK$0.99 vs. price of HK$1.40 (40.9% above fair value)
Industry Position: 20.5% above the Building Materials median (#358 of 399)
No single metric tells the full story. See the HKSE:01943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
King's Stone Holdings Group Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. Geographically, the company derives revenue from Hong Kong.
46GF Score
Get the complete analysis for HKSE:01943
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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