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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. PPS International (Holdings)'s annualized net income for the quarter that ended in Dec. 2025 was HK$7.4 Mil. PPS International (Holdings)'s average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$189.9 Mil. Therefore, PPS International (Holdings)'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.87%.
The historical rank and industry rank for PPS International (Holdings)'s Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08201'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -68.64 Med: -3.02 Max: 10.33
Current: 0.13
During the past 13 years, PPS International (Holdings)'s highest Return-on-Tangible-Equity was 10.33%. The lowest was -68.64%. And the median was -3.02%.
HKSE:08201's Return-on-Tangible-Equity is ranked worse than 70.22% of 225
companies
in the Waste Management industry
Industry Median: 9.3
vs HKSE:08201: 0.13
PPS International (Holdings) (HKSE:08201) 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.
PPS International (Holdings) Return-on-Tangible-Equity Related Terms
PPS International (Holdings) 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.
PPS International (Holdings) Return-on-Tangible-Equity Chart
HKSE:08201 vs WM, RSG, WCN: Return-on-Tangible-Equity Comparison
For the Waste Management subindustry, PPS International (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.
PPS International (Holdings) Return-on-Tangible-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, PPS International (Holdings)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PPS International (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 (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 3.87% mean?
PPS International (Holdings) (HKSE:08201) has a Return-on-Tangible-Equity of 3.87% 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 PPS International (Holdings) and its competitors. According to the industry distribution chart, PPS International (Holdings) ranks #158 out of 225 companies in the Waste Management industry, placing it in the top 70.2%.
Is PPS International (Holdings)'s Return-on-Tangible-Equity too high?
PPS International (Holdings)'s current Return-on-Tangible-Equity is 3.87%. The Waste Management industry median Return-on-Tangible-Equity is 9.30. PPS International (Holdings)'s value of 3.87% is 58.4% below this industry median. Based on the distribution chart, PPS International (Holdings) ranks #158 out of 225 companies in the Waste Management industry, which is below the industry midpoint. Overall, PPS International (Holdings) has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPS International (Holdings)'s Return-on-Tangible-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, PPS International (Holdings) ranks #158 out of 225 companies for Return-on-Tangible-Equity. This places PPS International (Holdings) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.30. PPS International (Holdings)'s value of 3.87% is 58.4% below 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 a Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.30, based on 225 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. PPS International (Holdings)'s current Return-on-Tangible-Equity of 3.87% is 58.4% 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 PPS International (Holdings) and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPS International (Holdings)'s current Return-on-Tangible-Equity is 3.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPS International (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, PPS International (Holdings) (HKSE:08201) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.13 — trading 60% above its estimated fair value. The current Return-on-Tangible-Equity is 3.87% and 58.4% below the Waste Management industry median of 9.30. PPS International (Holdings)'s overall GF Score™ is 55/100 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 PPS International (Holdings) (HKSE:08201), the current Return-on-Tangible-Equity is 3.87% 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 PPS International (Holdings) (HKSE:08201) Overvalued in 2026?
Based on GuruFocus' analysis, PPS International (Holdings) stock appears to be overvalued.
The current stock price of HK$0.13 is trading 60% above its estimated GF Value™ of HK$0.08.
GuruFocus considers PPS International (Holdings) to be Significantly Overvalued.
Key valuation signals for HKSE:08201:
Return-on-Tangible-Equity: 3.87%
GF Value™: HK$0.08 vs. price of HK$0.13 (60% above fair value)
Industry Position: 58.4% below the Waste Management median (#158 of 225)
No single metric tells the full story. See the HKSE:08201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPS International (Holdings) Ltd is an investment holding company. The company's operating segment include Environmental and cleaning; Money lending and Investments. It generates maximum revenue from the Environmental and cleaning segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC.
55GF Score
Get the complete analysis for HKSE:08201
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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