M&L Holdings Group (HKSE:08152) Return-on-Tangible-Equity: 24.00% (As of Dec. 2025)

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What is M&L Holdings Group Return-on-Tangible-Equity?

M&L Holdings Group HKSE:08152 +18.06% Return-on-Tangible-Equity is 24.00% as of Dec. 2025. The stock has 9 warning signs investors should review. Among 156 Industrial Distribution companies, M&L Holdings Group ranks better than 51.28% 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. M&L Holdings Group's annualized net income for the quarter that ended in Dec. 2025 was HK$25.01 Mil. M&L Holdings Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$104.21 Mil. Therefore, M&L Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 24.00%.

The historical rank and industry rank for M&L Holdings Group's Return-on-Tangible-Equity or its related term are showing as below:

HKSE:08152' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.68   Med: -4.57   Max: 26.69
Current: 9.2

During the past 11 years, M&L Holdings Group's highest Return-on-Tangible-Equity was 26.69%. The lowest was -12.68%. And the median was -4.57%.

HKSE:08152's Return-on-Tangible-Equity is ranked better than
51.28% of 156 companies
in the Industrial Distribution industry
Industry Median: 9.02 vs HKSE:08152: 9.20

M&L Holdings Group  (HKSE:08152) 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.


M&L Holdings Group Return-on-Tangible-Equity Related Terms


M&L Holdings Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for M&L Holdings Group'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.

M&L Holdings Group Return-on-Tangible-Equity Chart

M&L Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.68 -8.60 6.97 -12.68 8.93

M&L Holdings Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.17 -15.36 -10.67 -6.31 24.00

HKSE:08152 vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison

For the Industrial Distribution subindustry, M&L Holdings Group'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.


M&L Holdings Group Return-on-Tangible-Equity vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, M&L Holdings Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where M&L Holdings Group's Return-on-Tangible-Equity falls into.



M&L Holdings Group Return-on-Tangible-Equity Calculation

M&L Holdings Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=9.426/( (98.961+112.089 )/ 2 )
=9.426/105.525
=8.93 %

M&L Holdings Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=25.01/( (96.328+112.089)/ 2 )
=25.01/104.2085
=24.00 %

* 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 24.00% mean?
M&L Holdings Group (HKSE:08152) has a Return-on-Tangible-Equity of 24.00% 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 M&L Holdings Group and its competitors. According to the industry distribution chart, M&L Holdings Group ranks #76 out of 156 companies in the Industrial Distribution industry, placing it in the top 48.7%.
Is M&L Holdings Group's Return-on-Tangible-Equity too high?
M&L Holdings Group's current Return-on-Tangible-Equity is 24.00%. The Industrial Distribution industry median Return-on-Tangible-Equity is 9.02. M&L Holdings Group's value of 24.00% is 166.1% above this industry median. Based on the distribution chart, M&L Holdings Group ranks #76 out of 156 companies in the Industrial Distribution industry, which is above the industry midpoint.
How does M&L Holdings Group's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, M&L Holdings Group ranks #76 out of 156 companies for Return-on-Tangible-Equity. This puts M&L Holdings Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.02. M&L Holdings Group's value of 24.00% is 166.1% above this benchmark. 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 an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 9.02, based on 156 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. M&L Holdings Group's current Return-on-Tangible-Equity of 24.00% is 166.1% 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 M&L Holdings Group and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M&L Holdings Group's current Return-on-Tangible-Equity is 24.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M&L Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, M&L Holdings Group (HKSE:08152) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.09 — trading 70% above its estimated fair value. The current Return-on-Tangible-Equity is 24.00% and 166.1% above the Industrial Distribution industry median of 9.02. 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 M&L Holdings Group (HKSE:08152), the current Return-on-Tangible-Equity is 24.00% 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.

M&L Holdings Group Business Description

Address 17-19 Chatham Road South, 21st Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG
M&L Holdings Group Ltd is an investment holding. The principal activities of the group are trading and lease of construction machinery and spare parts. It is segmented into Tunnelling and Foundation. The company generates maximum revenue from the Tunnelling segment. Its Tunnelling segment is engaged in the supply of specialised cutting tools and parts for construction equipment. The Foundation segment is engaged in the supply of fabricated construction steel works and equipment. Geographically, the organization has a business presence in Hong Kong, PRC, North America, Vietnam, Australia, other Asia-Pacific countries, and other countries, of which key revenue is generated from Australia.