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KRP Development HoldingsHKSE:02421 +0.84%55 Return-on-Tangible-Equity is 1.13% as of Mar. 2026, which is 95% below its 10-year median of 22.07. GuruFocus rates HKSE:02421 with a GF Score™ of 55/100 and a GF Value™ of HK$0.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,719 Real Estate companies, KRP Development Holdings ranks worse than 62.42% 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. KRP Development Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$11.0 Mil. KRP Development Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$972.0 Mil. Therefore, KRP Development Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.13%.
The historical rank and industry rank for KRP Development Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02421'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.72 Med: 22.07 Max: 43.98
Current: 1.72
During the past 7 years, KRP Development Holdings's highest Return-on-Tangible-Equity was 43.98%. The lowest was 1.72%. And the median was 22.07%.
HKSE:02421's Return-on-Tangible-Equity is ranked worse than 62.42% of 1719
companies
in the Real Estate industry
Industry Median: 4.35
vs HKSE:02421: 1.72
KRP Development Holdings (HKSE:02421) 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.
KRP Development Holdings Return-on-Tangible-Equity Related Terms
KRP Development Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for KRP Development 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.
KRP Development Holdings Return-on-Tangible-Equity Chart
KRP Development Holdings Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, KRP Development 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.
KRP Development Holdings Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, KRP Development Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KRP Development 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 1.13% mean?
KRP Development Holdings (HKSE:02421) has a Return-on-Tangible-Equity of 1.13% 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 KRP Development Holdings and its competitors. This is 95% below median its historical median of 22.07. Over the past decade, KRP Development Holdings' Return-on-Tangible-Equity has ranged from 1.72 to 43.98. According to the industry distribution chart, KRP Development Holdings ranks #1073 out of 1719 companies in the Real Estate industry, placing it in the top 62.4%.
Is KRP Development Holdings' Return-on-Tangible-Equity too high?
KRP Development Holdings' current Return-on-Tangible-Equity of 1.13% is 95% below median its 10-year median of 22.07. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 43.98. The Real Estate industry median Return-on-Tangible-Equity is 4.35. KRP Development Holdings' value of 1.13% is 74% below this industry median. Based on the distribution chart, KRP Development Holdings ranks #1073 out of 1719 companies in the Real Estate industry, which is below the industry midpoint. Overall, KRP Development Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KRP Development Holdings' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, KRP Development Holdings ranks #1073 out of 1719 companies for Return-on-Tangible-Equity. This places KRP Development Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.35. KRP Development Holdings' value of 1.13% is 74% below this benchmark. Historically, KRP Development Holdings' own Return-on-Tangible-Equity has ranged from 1.72 to 43.98 over the past decade. While the company's 10-year median is 22.07 vs. the industry median of 4.35, KRP Development 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.35, based on 1,719 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. KRP Development Holdings's current Return-on-Tangible-Equity of 1.13% is 74% 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 KRP Development Holdings and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRP Development Holdings's current Return-on-Tangible-Equity is 1.13%, which is 95% below median its own 10-year median of 22.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRP Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, KRP Development Holdings (HKSE:02421) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.39, compared to a current price of HK$0.60 — trading 53.8% above its estimated fair value. The current Return-on-Tangible-Equity is 1.13%, which is 95% below median its 10-year median of 22.07 and 74% below the Real Estate industry median of 4.35. KRP Development Holdings' overall GF Score™ is 55/100 with 7 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 KRP Development Holdings (HKSE:02421), the current Return-on-Tangible-Equity is 1.13% 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 KRP Development Holdings (HKSE:02421) Overvalued in 2026?
Based on GuruFocus' analysis, KRP Development Holdings stock appears to be overvalued.
The current stock price of HK$0.60 is trading 53.8% above its estimated GF Value™ of HK$0.39.
GuruFocus considers KRP Development Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02421:
Return-on-Tangible-Equity: 1.13% (95% below median its 10-year median of 22.07)
GF Value™: HK$0.39 vs. price of HK$0.60 (53.8% above fair value)
Industry Position: 74% below the Real Estate median (#1073 of 1719)
No single metric tells the full story. See the HKSE:02421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KRP Development Holdings Ltd is a boutique residential property developer. The firm is principally engaged in the development and sales of residential properties in Dongguan, Huizhou, and Foshan. It has developed two product series for homebuyers, namely, the Villas series, targeting middle-income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
55GF Score
Get the complete analysis for HKSE:02421
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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