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TradeGo FinTechHKSE:08017 70 Return-on-Tangible-Equity is 14.67% as of Mar. 2026, which is 35% below its 10-year median of 22.43. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,483 Software companies, TradeGo FinTech ranks better than 66.49% 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. TradeGo FinTech's annualized net income for the quarter that ended in Mar. 2026 was HK$51.7 Mil. TradeGo FinTech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was HK$352.6 Mil. Therefore, TradeGo FinTech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.67%.
The historical rank and industry rank for TradeGo FinTech's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08017'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -74.54 Med: 22.43 Max: 45.68
Current: 20.49
During the past 11 years, TradeGo FinTech's highest Return-on-Tangible-Equity was 45.68%. The lowest was -74.54%. And the median was 22.43%.
HKSE:08017's Return-on-Tangible-Equity is ranked better than 66.49% of 2483
companies
in the Software industry
Industry Median: 9.65
vs HKSE:08017: 20.49
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.
TradeGo FinTech Return-on-Tangible-Equity Related Terms
TradeGo FinTech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for TradeGo FinTech'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:08017 vs MSFT, ORCL, PLTR: Return-on-Tangible-Equity Comparison
For the Software - Infrastructure subindustry, TradeGo FinTech'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.
TradeGo FinTech Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, TradeGo FinTech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TradeGo FinTech'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 14.67% mean?
TradeGo FinTech (HKSE:08017) has a Return-on-Tangible-Equity of 14.67% 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 TradeGo FinTech and its competitors. This is 35% below median its historical median of 22.43. According to the industry distribution chart, TradeGo FinTech ranks #832 out of 2483 companies in the Software industry, placing it in the top 33.5%.
Is TradeGo FinTech's Return-on-Tangible-Equity too high?
TradeGo FinTech's current Return-on-Tangible-Equity of 14.67% is 35% below median its 10-year median of 22.43. The Software industry median Return-on-Tangible-Equity is 9.65. TradeGo FinTech's value of 14.67% is 52% above this industry median. Based on the distribution chart, TradeGo FinTech ranks #832 out of 2483 companies in the Software industry, which is above the industry midpoint. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's Return-on-Tangible-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, TradeGo FinTech ranks #832 out of 2483 companies for Return-on-Tangible-Equity. This puts TradeGo FinTech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.65. TradeGo FinTech's value of 14.67% is 52% above this benchmark. While the company's 10-year median is 22.43 vs. the industry median of 9.65, TradeGo FinTech 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.65, based on 2,483 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. TradeGo FinTech's current Return-on-Tangible-Equity of 14.67% is 52% 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 TradeGo FinTech and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TradeGo FinTech's current Return-on-Tangible-Equity is 14.67%, which is 35% below median its own 10-year median of 22.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current Return-on-Tangible-Equity is 14.67%, which is 35% below median its 10-year median of 22.43 and 52% above the Software industry median of 9.65. TradeGo FinTech's overall GF Score™ is 70/100 with 3 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 TradeGo FinTech (HKSE:08017), the current Return-on-Tangible-Equity is 14.67% 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 TradeGo FinTech (HKSE:08017) Overvalued in 2026?
Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued.
The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80.
GuruFocus considers TradeGo FinTech to be Significantly Overvalued.
Key valuation signals for HKSE:08017:
Return-on-Tangible-Equity: 14.67% (35% below median its 10-year median of 22.43)
GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
Industry Position: 52% above the Software median (#832 of 2483)
No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score
Get the complete analysis for HKSE:08017
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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