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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. Indigo Star Holdings's annualized net income for the quarter that ended in Dec. 2025 was HK$-2.7 Mil. Indigo Star Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$118.8 Mil. Therefore, Indigo Star Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.28%.
The historical rank and industry rank for Indigo Star Holdings's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08373'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.62 Med: 8.99 Max: 30.83
Current: 10.56
During the past 11 years, Indigo Star Holdings's highest Return-on-Tangible-Equity was 30.83%. The lowest was -24.62%. And the median was 8.99%.
HKSE:08373's Return-on-Tangible-Equity is ranked better than 56.63% of 1713
companies
in the Construction industry
Industry Median: 8.3
vs HKSE:08373: 10.56
Indigo Star Holdings (HKSE:08373) 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.
Indigo Star Holdings Return-on-Tangible-Equity Related Terms
Indigo Star Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indigo Star 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.
Indigo Star Holdings Return-on-Tangible-Equity Chart
HKSE:08373 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Indigo Star 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.
Indigo Star Holdings Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Indigo Star Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indigo Star 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 -2.28% mean?
Indigo Star Holdings (HKSE:08373) has a Return-on-Tangible-Equity of -2.28% 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 Indigo Star Holdings and its competitors. According to the industry distribution chart, Indigo Star Holdings ranks #743 out of 1713 companies in the Construction industry, placing it in the top 43.4%.
Is Indigo Star Holdings' Return-on-Tangible-Equity too high?
Indigo Star Holdings' current Return-on-Tangible-Equity is -2.28%. Based on the distribution chart, Indigo Star Holdings ranks #743 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Indigo Star Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indigo Star Holdings' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Indigo Star Holdings ranks #743 out of 1713 companies for Return-on-Tangible-Equity. This puts Indigo Star Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.30. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.30, based on 1,713 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 Indigo Star Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigo Star Holdings's current Return-on-Tangible-Equity is -2.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigo Star Holdings stock overvalued right now?
Based on GuruFocus' analysis, Indigo Star Holdings (HKSE:08373) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.12, compared to a current price of HK$0.80 — trading 28.6% below its estimated fair value. The current Return-on-Tangible-Equity is -2.28%. Indigo Star Holdings' overall GF Score™ is 79/100 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 Indigo Star Holdings (HKSE:08373), the current Return-on-Tangible-Equity is -2.28% 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 Indigo Star Holdings (HKSE:08373) Overvalued in 2026?
Based on GuruFocus' analysis, Indigo Star Holdings stock appears to be undervalued.
The current stock price of HK$0.80 is trading 28.6% below its estimated GF Value™ of HK$1.12.
GuruFocus considers Indigo Star Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08373:
Return-on-Tangible-Equity: -2.28%
GF Value™: HK$1.12 vs. price of HK$0.80 (28.6% below fair value)
No single metric tells the full story. See the HKSE:08373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indigo Star Holdings Ltd is a subcontractor specializing in reinforced concrete works and related construction services. The group mainly provides steel reinforcement works, formwork erection, and concrete works, either individually or as an integrated service package, depending on customer requirements. It also engages in the sales of tiles and the trading of mobile phones and accessories. The group operates through three reportable segments: Construction Contract, Sale of Tiles, and Sales of Mobile Phones and Accessories. The Construction Contract segment generates the majority of the revenue. Geographically, the group derives the majority of its revenue from Singapore.
79GF Score
Get the complete analysis for HKSE:08373
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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