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E-Star Commercial Management CoHKSE:06668 89 Return-on-Tangible-Equity is 8.88% as of Dec. 2025, which is 69% below its 10-year median of 28.99. GuruFocus rates HKSE:06668 with a GF Score™ of 89/100 and a GF Value™ of HK$1.35 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,720 Real Estate companies, E-Star Commercial Management Co ranks better than 75.17% 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. E-Star Commercial Management Co's annualized net income for the quarter that ended in Dec. 2025 was HK$123.1 Mil. E-Star Commercial Management Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$1,387.4 Mil. Therefore, E-Star Commercial Management Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.88%.
The historical rank and industry rank for E-Star Commercial Management Co's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:06668'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.28 Med: 28.99 Max: 133.06
Current: 11.28
During the past 9 years, E-Star Commercial Management Co's highest Return-on-Tangible-Equity was 133.06%. The lowest was 11.28%. And the median was 28.99%.
HKSE:06668's Return-on-Tangible-Equity is ranked better than 75.17% of 1720
companies
in the Real Estate industry
Industry Median: 4.415
vs HKSE:06668: 11.28
E-Star Commercial Management Co (HKSE:06668) 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.
E-Star Commercial Management Co Return-on-Tangible-Equity Related Terms
E-Star Commercial Management Co 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.
E-Star Commercial Management Co Return-on-Tangible-Equity Chart
HKSE:06668 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, E-Star Commercial Management Co'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.
E-Star Commercial Management Co Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where E-Star Commercial Management Co'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 8.88% mean?
E-Star Commercial Management Co (HKSE:06668) has a Return-on-Tangible-Equity of 8.88% 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 E-Star Commercial Management Co and its competitors. This is 69% below median its historical median of 28.99. Over the past decade, E-Star Commercial Management Co's Return-on-Tangible-Equity has ranged from 11.28 to 133.06. According to the industry distribution chart, E-Star Commercial Management Co ranks #427 out of 1720 companies in the Real Estate industry, placing it in the top 24.8%.
Is E-Star Commercial Management Co's Return-on-Tangible-Equity too high?
E-Star Commercial Management Co's current Return-on-Tangible-Equity of 8.88% is 69% below median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 133.06. The Real Estate industry median Return-on-Tangible-Equity is 4.42. E-Star Commercial Management Co's value of 8.88% is 101.1% above this industry median. Based on the distribution chart, E-Star Commercial Management Co ranks #427 out of 1720 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, E-Star Commercial Management Co ranks #427 out of 1720 companies for Return-on-Tangible-Equity. This places E-Star Commercial Management Co in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.42. E-Star Commercial Management Co's value of 8.88% is 101.1% above this benchmark. Historically, E-Star Commercial Management Co's own Return-on-Tangible-Equity has ranged from 11.28 to 133.06 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 4.42, E-Star Commercial Management Co has consistently been above 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 4.42, based on 1,720 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. E-Star Commercial Management Co's current Return-on-Tangible-Equity of 8.88% is 101.1% 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 E-Star Commercial Management Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Star Commercial Management Co's current Return-on-Tangible-Equity is 8.88%, which is 69% below median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current Return-on-Tangible-Equity is 8.88%, which is 69% below median its 10-year median of 28.99 and 101.1% above the Real Estate industry median of 4.42. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current Return-on-Tangible-Equity is 8.88% 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.
Is E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?
Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued.
The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35.
GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.
Key valuation signals for HKSE:06668:
Return-on-Tangible-Equity: 8.88% (69% below median its 10-year median of 28.99)
GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
Industry Position: 101.1% above the Real Estate median (#427 of 1720)
No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score
Get the complete analysis for HKSE:06668
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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