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HL Global EnterprisesSGX:AVX +6.41%58 Return-on-Tangible-Equity is 2.50% as of Dec. 2025, which is 38% above its 10-year median of 1.81. GuruFocus rates SGX:AVX with a GF Score™ of 58/100 and a GF Value™ of S$0.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 792 Travel & Leisure companies, HL Global Enterprises ranks worse than 67.17% 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. HL Global Enterprises's annualized net income for the quarter that ended in Dec. 2025 was S$2.03 Mil. HL Global Enterprises's average shareholder tangible equity for the quarter that ended in Dec. 2025 was S$81.28 Mil. Therefore, HL Global Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.50%.
The historical rank and industry rank for HL Global Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
SGX:AVX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.78 Med: 1.81 Max: 234.16
Current: 1.82
During the past 13 years, HL Global Enterprises's highest Return-on-Tangible-Equity was 234.16%. The lowest was -1.78%. And the median was 1.81%.
SGX:AVX's Return-on-Tangible-Equity is ranked worse than 67.17% of 792
companies
in the Travel & Leisure industry
Industry Median: 7.76
vs SGX:AVX: 1.82
HL Global Enterprises (SGX:AVX) 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.
HL Global Enterprises Return-on-Tangible-Equity Related Terms
HL Global Enterprises Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for HL Global Enterprises'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.
HL Global Enterprises Return-on-Tangible-Equity Chart
SGX:AVX vs MAR, HLT, H: Return-on-Tangible-Equity Comparison
For the Lodging subindustry, HL Global Enterprises'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.
HL Global Enterprises Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, HL Global Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HL Global Enterprises'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 2.50% mean?
HL Global Enterprises (SGX:AVX) has a Return-on-Tangible-Equity of 2.50% 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 HL Global Enterprises and its competitors. This is 38% above median its historical median of 1.81. According to the industry distribution chart, HL Global Enterprises ranks #532 out of 792 companies in the Travel & Leisure industry, placing it in the top 67.2%.
Is HL Global Enterprises' Return-on-Tangible-Equity too high?
HL Global Enterprises' current Return-on-Tangible-Equity of 2.50% is 38% above median its 10-year median of 1.81. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.76. HL Global Enterprises' value of 2.50% is 67.8% below this industry median. Based on the distribution chart, HL Global Enterprises ranks #532 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, HL Global Enterprises has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HL Global Enterprises' Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HL Global Enterprises ranks #532 out of 792 companies for Return-on-Tangible-Equity. This places HL Global Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.76. HL Global Enterprises' value of 2.50% is 67.8% below this benchmark. While the company's 10-year median is 1.81 vs. the industry median of 7.76, HL Global Enterprises 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.76, based on 792 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. HL Global Enterprises's current Return-on-Tangible-Equity of 2.50% is 67.8% 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 HL Global Enterprises and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HL Global Enterprises's current Return-on-Tangible-Equity is 2.50%, which is 38% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HL Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HL Global Enterprises (SGX:AVX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.28, compared to a current price of S$0.42 — trading 48.2% above its estimated fair value. The current Return-on-Tangible-Equity is 2.50%, which is 38% above median its 10-year median of 1.81 and 67.8% below the Travel & Leisure industry median of 7.76. HL Global Enterprises' overall GF Score™ is 58/100 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 HL Global Enterprises (SGX:AVX), the current Return-on-Tangible-Equity is 2.50% 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 HL Global Enterprises (SGX:AVX) Overvalued in 2026?
Based on GuruFocus' analysis, HL Global Enterprises stock appears to be overvalued.
The current stock price of S$0.42 is trading 48.2% above its estimated GF Value™ of S$0.28.
GuruFocus considers HL Global Enterprises to be Significantly Overvalued.
Key valuation signals for SGX:AVX:
Return-on-Tangible-Equity: 2.50% (38% above median its 10-year median of 1.81)
GF Value™: S$0.28 vs. price of S$0.42 (48.2% above fair value)
Industry Position: 67.8% below the Travel & Leisure median (#532 of 792)
No single metric tells the full story. See the SGX:AVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant, which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The Group operates principally in Singapore and Malaysia.
58GF Score
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