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Palasino HoldingsHKSE:02536 43 Return-on-Tangible-Equity is 0.79% as of Mar. 2026, which is 71% below its 10-year median of 2.77. GuruFocus rates HKSE:02536 with a GF Score™ of 43/100. The stock has 4 warning signs investors should review. Among 799 Travel & Leisure companies, Palasino Holdings ranks worse than 65.46% 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. Palasino Holdings's annualized net income for the quarter that ended in Mar. 2026 was HK$4.4 Mil. Palasino Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$559.7 Mil. Therefore, Palasino Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.79%.
The historical rank and industry rank for Palasino Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:02536'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.86 Med: 2.77 Max: 13.17
Current: 2.5
During the past 6 years, Palasino Holdings's highest Return-on-Tangible-Equity was 13.17%. The lowest was 0.86%. And the median was 2.77%.
HKSE:02536's Return-on-Tangible-Equity is ranked worse than 65.46% of 799
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs HKSE:02536: 2.50
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.
Palasino Holdings Return-on-Tangible-Equity Related Terms
Palasino Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Palasino 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.
HKSE:02536 vs LVS, MGM, WYNN: Return-on-Tangible-Equity Comparison
For the Resorts & Casinos subindustry, Palasino 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.
Palasino Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Palasino 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 0.79% mean?
Palasino Holdings (HKSE:02536) has a Return-on-Tangible-Equity of 0.79% 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 Palasino Holdings and its competitors. This is 71% below median its historical median of 2.77. Over the past decade, Palasino Holdings' Return-on-Tangible-Equity has ranged from 0.86 to 13.17. According to the industry distribution chart, Palasino Holdings ranks #523 out of 799 companies in the Travel & Leisure industry, placing it in the top 65.5%.
Is Palasino Holdings' Return-on-Tangible-Equity too high?
Palasino Holdings' current Return-on-Tangible-Equity of 0.79% is 71% below median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 13.17. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Palasino Holdings' value of 0.79% is 89.7% below this industry median. Based on the distribution chart, Palasino Holdings ranks #523 out of 799 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Palasino Holdings has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Palasino Holdings' Return-on-Tangible-Equity compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Palasino Holdings ranks #523 out of 799 companies for Return-on-Tangible-Equity. This places Palasino Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.69. Palasino Holdings' value of 0.79% is 89.7% below this benchmark. Historically, Palasino Holdings' own Return-on-Tangible-Equity has ranged from 0.86 to 13.17 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 7.69, Palasino 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 799 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. Palasino Holdings's current Return-on-Tangible-Equity of 0.79% is 89.7% 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 Palasino Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palasino Holdings's current Return-on-Tangible-Equity is 0.79%, which is 71% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palasino Holdings stock overvalued right now?
Palasino Holdings (HKSE:02536) has a current Return-on-Tangible-Equity of 0.79%. The current Return-on-Tangible-Equity is 0.79%, which is 71% below median its 10-year median of 2.77 and 89.7% below the Travel & Leisure industry median of 7.69. Palasino Holdings' overall GF Score™ is 43/100 with 4 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 Palasino Holdings (HKSE:02536), the current Return-on-Tangible-Equity is 0.79% 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.
Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering slot machines and table games, and three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations comprising the operation of casinos; and Hotel, catering and leasing operations segment, which includes the operation of hotels, catering, and related services. Maximum revenue is generated from its Gaming operations segment. Geographically, the group generates maximum revenue from the Czech Republic.
43GF Score
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