Kingboard HoldingsKBDCY 71 Return-on-Tangible-Equity is 6.00% as of Dec. 2025, which is 28% below its 10-year median of 8.37. GuruFocus rates KBDCY with a GF Score™ of 71/100 and a GF Value™ of $17.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 547 Conglomerates companies, Kingboard Holdings ranks worse than 50.27% 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. Kingboard Holdings's annualized net income for the quarter that ended in Dec. 2025 was $468 Mil. Kingboard Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $7,796 Mil. Therefore, Kingboard Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.00%.
The historical rank and industry rank for Kingboard Holdings's Return-on-Tangible-Equity or its related term are showing as below:
KBDCY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.86 Med: 8.37 Max: 19
Current: 7.38
During the past 13 years, Kingboard Holdings's highest Return-on-Tangible-Equity was 19.00%. The lowest was 2.86%. And the median was 8.37%.
KBDCY's Return-on-Tangible-Equity is ranked worse than 50.27% of 547
companies
in the Conglomerates industry
Industry Median: 7.44
vs KBDCY: 7.38
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.
Kingboard Holdings Return-on-Tangible-Equity Related Terms
Kingboard Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kingboard 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.
KBDCY vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Kingboard 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.
Kingboard Holdings Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kingboard Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kingboard 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 6.00% mean?
Kingboard Holdings (KBDCY) has a Return-on-Tangible-Equity of 6.00% 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 Kingboard Holdings and its competitors. This is 28% below median its historical median of 8.37. Over the past decade, Kingboard Holdings' Return-on-Tangible-Equity has ranged from 2.86 to 19.00. According to the industry distribution chart, Kingboard Holdings ranks #275 out of 547 companies in the Conglomerates industry, placing it in the top 50.3%.
Is Kingboard Holdings' Return-on-Tangible-Equity too high?
Kingboard Holdings' current Return-on-Tangible-Equity of 6.00% is 28% below median its 10-year median of 8.37. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 19.00. The Conglomerates industry median Return-on-Tangible-Equity is 7.44. Kingboard Holdings' value of 6.00% is 19.4% below this industry median. Based on the distribution chart, Kingboard Holdings ranks #275 out of 547 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Kingboard Holdings has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingboard Holdings' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Kingboard Holdings ranks #275 out of 547 companies for Return-on-Tangible-Equity. This places Kingboard Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.44. Kingboard Holdings' value of 6.00% is 19.4% below this benchmark. Historically, Kingboard Holdings' own Return-on-Tangible-Equity has ranged from 2.86 to 19.00 over the past decade. While the company's 10-year median is 8.37 vs. the industry median of 7.44, Kingboard Holdings has consistently been below 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 a Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.44, based on 547 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. Kingboard Holdings's current Return-on-Tangible-Equity of 6.00% is 19.4% 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 Kingboard Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingboard Holdings's current Return-on-Tangible-Equity is 6.00%, which is 28% below median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingboard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kingboard Holdings (KBDCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.29, compared to a current price of $80.45 — trading 365.3% above its estimated fair value. The current Return-on-Tangible-Equity is 6.00%, which is 28% below median its 10-year median of 8.37 and 19.4% below the Conglomerates industry median of 7.44. Kingboard Holdings' overall GF Score™ is 71/100 with 9 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 Kingboard Holdings (KBDCY), the current Return-on-Tangible-Equity is 6.00% 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.
Is Kingboard Holdings (KBDCY) Overvalued in 2026?
Based on GuruFocus' analysis, Kingboard Holdings stock appears to be overvalued.
The current stock price of $80.45 is trading 365.3% above its estimated GF Value™ of $17.29.
GuruFocus considers Kingboard Holdings to be Significantly Overvalued.
Key valuation signals for KBDCY:
Return-on-Tangible-Equity: 6.00% (28% below median its 10-year median of 8.37)
GF Value™: $17.29 vs. price of $80.45 (365.3% above fair value)
Industry Position: 19.4% below the Conglomerates median (#275 of 547)
No single metric tells the full story. See the KBDCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: laminates, printed circuit boards, chemicals, properties, investments, and others, including service income, manufacture, and sale of magnetic products, and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards, and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, America, and Africa, out of which China accounts for the majority of the revenue.
71GF Score
Get the complete analysis for KBDCY
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
KBDCY has been successfully added to your 
