PCCW (PCWLF) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Dec. 2025)


PCWLF PCCW Ltd PCWLF
44 GF Score
Price $0.69
GF Value $0.60
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PCCW Return-on-Tangible-Equity?

PCCW PCWLF 44 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates PCWLF with a GF Score™ of 44/100 and a GF Value™ of $0.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 326 Telecommunication Services companies, PCCW ranks worse than 306748.16% 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. PCCW's annualized net income for the quarter that ended in Dec. 2025 was $78 Mil. PCCW's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $-4,878 Mil. Therefore, PCCW's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for PCCW's Return-on-Tangible-Equity or its related term are showing as below:

PCWLF's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 14.005
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

PCCW  (OTCPK:PCWLF) 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.


PCCW Return-on-Tangible-Equity Related Terms


PCCW Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PCCW'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.

PCCW Return-on-Tangible-Equity Chart

PCCW 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 Negative Tangible Equity Negative Tangible Equity 0.00 0.00 0.00

PCCW 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 Negative Tangible Equity 0.00 Negative Tangible Equity 0.00 Negative Tangible Equity

PCWLF vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, PCCW'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.


PCCW Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PCCW's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PCCW's Return-on-Tangible-Equity falls into.


PCWLF
44GF Score
PCCW Ltd PCWLF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PCCW Return-on-Tangible-Equity Calculation

PCCW'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 )
=-3.47/( (-4168.189+-4992.546 )/ 2 )
=-3.47/-4580.3675
=N/A %

PCCW'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 )
=77.884/( (-4763.525+-4992.546)/ 2 )
=77.884/-4878.0355
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
PCCW (PCWLF) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 PCCW and its competitors. According to the industry distribution chart, PCCW ranks #999999 out of 326 companies in the Telecommunication Services industry.
Is PCCW's Return-on-Tangible-Equity too high?
PCCW's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, PCCW ranks #999999 out of 326 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, PCCW has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PCCW's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PCCW ranks #999999 out of 326 companies for Return-on-Tangible-Equity. This places PCCW in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.01. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 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 PCCW and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCCW's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCCW stock overvalued right now?
Based on GuruFocus' analysis, PCCW (PCWLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $0.69 — trading 15.4% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. PCCW's overall GF Score™ is 44/100 with 4 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 PCCW (PCWLF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 PCCW (PCWLF) Overvalued in 2026?

Based on GuruFocus' analysis, PCCW stock appears to be overvalued. The current stock price of $0.69 is trading 15.4% above its estimated GF Value™ of $0.60. GuruFocus considers PCCW to be Modestly Overvalued.

Key valuation signals for PCWLF:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $0.60 vs. price of $0.69 (15.4% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the PCWLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PCCW Business Description

Address 979 King’s Road, 41st Floor, PCCW Tower, Taikoo Place, Quarry Bay, Hong Kong, HKG
PCCW Ltd is a Hong Kong-based company engaged in the businesses of telecommunications, media, information technology solutions, property development and investment, and others. The company's operating segments are HKT Limited (HKT), Media Business, and Other businesses. Maximum revenue is generated from the HKT segment, which provides technology, telecommunications, and related services, including enterprise solutions, mobile services, total home solutions, media entertainment, and other new businesses such as loyalty platform, financial services, and healthtech services. Geographically, the company generates maximum revenue from Hong Kong, and the rest from the Mainland and other parts of China, Singapore, and other markets.
44GF Score

Get the complete analysis for PCWLF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.69
Price
$0.60
GF Value