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IFBHHKSE:06603 -0.10%21 Return-on-Tangible-Equity is 9.77% as of Dec. 2025, which is 90% below its 10-year median of 97.92. GuruFocus rates HKSE:06603 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 111 Beverages - Non-Alcoholic companies, IFBH ranks better than 61.26% 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. IFBH's annualized net income for the quarter that ended in Dec. 2025 was HK$121 Mil. IFBH's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$1,241 Mil. Therefore, IFBH's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.77%.
The historical rank and industry rank for IFBH's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:06603'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.19 Med: 97.92 Max: 173.29
Current: 19.19
During the past 3 years, IFBH's highest Return-on-Tangible-Equity was 173.29%. The lowest was 19.19%. And the median was 97.92%.
HKSE:06603's Return-on-Tangible-Equity is ranked better than 61.26% of 111
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 15.19
vs HKSE:06603: 19.19
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.
IFBH Return-on-Tangible-Equity Related Terms
IFBH Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IFBH'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.
IFBH Return-on-Tangible-Equity Chart
IFBH Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
Negative Tangible Equity
173.29
22.54
IFBH Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Equity
0.00
Negative Tangible Equity
89.98
30.98
9.77
HKSE:06603 vs KO, PEP, MNST: Return-on-Tangible-Equity Comparison
For the Beverages - Non-Alcoholic subindustry, IFBH'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.
IFBH Return-on-Tangible-Equity vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, IFBH's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IFBH'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.77% mean?
IFBH (HKSE:06603) has a Return-on-Tangible-Equity of 9.77% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IFBH and its competitors. This is 90% below median its historical median of 97.92. Over the past decade, IFBH's Return-on-Tangible-Equity has ranged from 19.19 to 173.29. According to the industry distribution chart, IFBH ranks #43 out of 111 companies in the Beverages - Non-Alcoholic industry, placing it in the top 38.7%.
Is IFBH's Return-on-Tangible-Equity too high?
IFBH's current Return-on-Tangible-Equity of 9.77% is 90% below median its 10-year median of 97.92. Over the past 10 years, this metric has ranged from a low of 19.19 to a high of 173.29. The Beverages - Non-Alcoholic industry median Return-on-Tangible-Equity is 15.19. IFBH's value of 9.77% is 35.7% below this industry median. Based on the distribution chart, IFBH ranks #43 out of 111 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, IFBH has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does IFBH's Return-on-Tangible-Equity compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, IFBH ranks #43 out of 111 companies for Return-on-Tangible-Equity. This puts IFBH in the upper half of its industry. The industry median Return-on-Tangible-Equity is 15.19. IFBH's value of 9.77% is 35.7% below this benchmark. Historically, IFBH's own Return-on-Tangible-Equity has ranged from 19.19 to 173.29 over the past decade. While the company's 10-year median is 97.92 vs. the industry median of 15.19, IFBH 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 Beverages - Non-Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Non-Alcoholic companies is 15.19, based on 111 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. IFBH's current Return-on-Tangible-Equity of 9.77% is 35.7% 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 IFBH and its competitors. For the Beverages - Non-Alcoholic industry, the median Return-on-Tangible-Equity is 15.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFBH's current Return-on-Tangible-Equity is 9.77%, which is 90% below median its own 10-year median of 97.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFBH stock overvalued right now?
IFBH (HKSE:06603) has a current Return-on-Tangible-Equity of 9.77%. The current Return-on-Tangible-Equity is 9.77%, which is 90% below median its 10-year median of 97.92 and 35.7% below the Beverages - Non-Alcoholic industry median of 15.19. IFBH's overall GF Score™ is 21/100 with 1 warning sign 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 IFBH (HKSE:06603), the current Return-on-Tangible-Equity is 9.77% as of Dec. 2025. 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.
IFBH Ltd is a ready-to-consume beverage and food company rooted in Thailand. Its if brand is a leader in introducing ready-to-drink (RTD) natural coconut water to mainland China. Its products category include JUICE DRINK, NON-BEVERAGES, PLANT-BASED, and ORGANIC. The company generates majority of its revenue from coconut water sales. Geographically, mainland China is the majority revenue generator.
21GF Score
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