HK Electric Investments and HK Electric InvestmentsHKVTY 76 Return-on-Tangible-Equity is 28.21% as of Dec. 2025, which is 41% above its 10-year median of 20.07. GuruFocus rates HKVTY with a GF Score™ of 76/100 and a GF Value™ of $6.78 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 496 Utilities - Regulated companies, HK Electric Investments and HK Electric Investments ranks better than 75.2% on this metric.
HKVTY's Return-on-Tangible-Equity is ranked better than 75.2% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.935
vs HKVTY: 20.43
HK Electric Investments and HK Electric Investments (OTCPK:HKVTY) 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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Equity Related Terms
HK Electric Investments and HK Electric Investments 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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Equity Chart
HK Electric Investments and HK Electric Investments Annual Data
HKVTY vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.
HK Electric Investments and HK Electric Investments Return-on-Tangible-Equity vs Utilities - Regulated Industry
* 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 28.21% mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a Return-on-Tangible-Equity of 28.21% 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 HK Electric Investments and HK Electric Investments and its competitors. This is 41% above median its historical median of 20.07. Over the past decade, HK Electric Investments and HK Electric Investments' Return-on-Tangible-Equity has ranged from 15.53 to 22.73. According to the industry distribution chart, HK Electric Investments and HK Electric Investments ranks #123 out of 496 companies in the Utilities - Regulated industry, placing it in the top 24.8%.
Is HK Electric Investments and HK Electric Investments' Return-on-Tangible-Equity too high?
HK Electric Investments and HK Electric Investments' current Return-on-Tangible-Equity of 28.21% is 41% above median its 10-year median of 20.07. Over the past 10 years, this metric has ranged from a low of 15.53 to a high of 22.73. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.94. HK Electric Investments and HK Electric Investments' value of 28.21% is 158% above this industry median. Based on the distribution chart, HK Electric Investments and HK Electric Investments ranks #123 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, HK Electric Investments and HK Electric Investments ranks #123 out of 496 companies for Return-on-Tangible-Equity. This places HK Electric Investments and HK Electric Investments in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.94. HK Electric Investments and HK Electric Investments' value of 28.21% is 158% above this benchmark. Historically, HK Electric Investments and HK Electric Investments' own Return-on-Tangible-Equity has ranged from 15.53 to 22.73 over the past decade. While the company's 10-year median is 20.07 vs. the industry median of 10.94, HK Electric Investments and HK Electric Investments 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.94, based on 496 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. HK Electric Investments and HK Electric Investments's current Return-on-Tangible-Equity of 28.21% is 158% 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 HK Electric Investments and HK Electric Investments and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HK Electric Investments and HK Electric Investments's current Return-on-Tangible-Equity is 28.21%, which is 41% above median its own 10-year median of 20.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments (HKVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.78, compared to a current price of $7.80 — trading 15% above its estimated fair value. The current Return-on-Tangible-Equity is 28.21%, which is 41% above median its 10-year median of 20.07 and 158% above the Utilities - Regulated industry median of 10.94. HK Electric Investments and HK Electric Investments' overall GF Score™ is 76/100 with 6 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 HK Electric Investments and HK Electric Investments (HKVTY), the current Return-on-Tangible-Equity is 28.21% 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 HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued.
The current stock price of $7.80 is trading 15% above its estimated GF Value™ of $6.78.
GuruFocus considers HK Electric Investments and HK Electric Investments to be Modestly Overvalued.
Key valuation signals for HKVTY:
Return-on-Tangible-Equity: 28.21% (41% above median its 10-year median of 20.07)
GF Value™: $6.78 vs. price of $7.80 (15% above fair value)
Industry Position: 158% above the Utilities - Regulated median (#123 of 496)
No single metric tells the full story. See the HKVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HK Electric Investments and HK Electric Investments Business Description
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
76GF Score
Get the complete analysis for HKVTY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKVTY has been successfully added to your 
