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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. Grace Wine Holdings's annualized net income for the quarter that ended in Jun. 2026 was HK$-6.32 Mil. Grace Wine Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2026 was HK$97.86 Mil. Therefore, Grace Wine Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -6.46%.
The historical rank and industry rank for Grace Wine Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08146'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.61 Med: 0.4 Max: 11.19
Current: -3.1
During the past 11 years, Grace Wine Holdings's highest Return-on-Tangible-Equity was 11.19%. The lowest was -16.61%. And the median was 0.40%.
HKSE:08146's Return-on-Tangible-Equity is ranked worse than 80.5% of 200
companies
in the Beverages - Alcoholic industry
Industry Median: 8.51
vs HKSE:08146: -3.10
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.
Grace Wine Holdings Return-on-Tangible-Equity Related Terms
Grace Wine Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grace Wine 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:08146 vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Grace Wine 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.
Grace Wine Holdings Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Grace Wine Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grace Wine 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -6.46% mean?
Grace Wine Holdings (HKSE:08146) has a Return-on-Tangible-Equity of -6.46% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grace Wine Holdings and its competitors. According to the industry distribution chart, Grace Wine Holdings ranks #161 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 80.5%.
Is Grace Wine Holdings' Return-on-Tangible-Equity too high?
Grace Wine Holdings' current Return-on-Tangible-Equity is -6.46%. Based on the distribution chart, Grace Wine Holdings ranks #161 out of 200 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Grace Wine Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grace Wine Holdings' Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Grace Wine Holdings ranks #161 out of 200 companies for Return-on-Tangible-Equity. This places Grace Wine Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.51. 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 - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.51, based on 200 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. 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 Grace Wine Holdings and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Wine Holdings's current Return-on-Tangible-Equity is -6.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Wine Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grace Wine Holdings (HKSE:08146) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.34 — trading 235% above its estimated fair value. The current Return-on-Tangible-Equity is -6.46%. Grace Wine Holdings' overall GF Score™ is 35/100 with 5 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 Grace Wine Holdings (HKSE:08146), the current Return-on-Tangible-Equity is -6.46% as of Jun. 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 Grace Wine Holdings (HKSE:08146) Overvalued in 2026?
Based on GuruFocus' analysis, Grace Wine Holdings stock appears to be overvalued.
The current stock price of HK$0.34 is trading 235% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Grace Wine Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08146:
Return-on-Tangible-Equity: -6.46%
GF Value™: HK$0.10 vs. price of HK$0.34 (235% above fair value)
No single metric tells the full story. See the HKSE:08146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grace Wine Holdings Ltd engaged in the production and distribution of wine, spirits, and other alcoholic products. The wine product portfolio mainly comprises red wine, and can be broadly categorized into high-end wine, which targets the executive clientele and corporate customers, and entry-level wine that caters to the price-conscious mass market at reasonable retail prices. The company's segment includes the production of wines. Its geographic segments are Mainland China and Other jurisdictions.
35GF Score
Get the complete analysis for HKSE:08146
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