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FESCO Group CoSHSE:600861 +2.61%76 Return-on-Tangible-Equity is 14.37% as of Mar. 2026, which is 287% above its 10-year median of 3.71. GuruFocus rates SHSE:600861 with a GF Score™ of 76/100 and a GF Value™ of ¥20.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,006 Business Services companies, FESCO Group Co ranks better than 52.98% 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. FESCO Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,051 Mil. FESCO Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥7,313 Mil. Therefore, FESCO Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.37%.
The historical rank and industry rank for FESCO Group Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600861'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.29 Med: 3.71 Max: 17.21
Current: 11.85
During the past 13 years, FESCO Group Co's highest Return-on-Tangible-Equity was 17.21%. The lowest was -3.29%. And the median was 3.71%.
SHSE:600861's Return-on-Tangible-Equity is ranked better than 52.98% of 1006
companies
in the Business Services industry
Industry Median: 10.72
vs SHSE:600861: 11.85
FESCO Group Co (SHSE:600861) 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.
FESCO Group Co Return-on-Tangible-Equity Related Terms
FESCO Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FESCO Group Co'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.
SHSE:600861 vs KFY, RHI, TNET: Return-on-Tangible-Equity Comparison
For the Staffing & Employment Services subindustry, FESCO Group Co'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.
FESCO Group Co Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, FESCO Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FESCO Group Co'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 14.37% mean?
FESCO Group Co (SHSE:600861) has a Return-on-Tangible-Equity of 14.37% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on FESCO Group Co and its competitors. This is 287% above median its historical median of 3.71. According to the industry distribution chart, FESCO Group Co ranks #473 out of 1006 companies in the Business Services industry, placing it in the top 47%.
Is FESCO Group Co's Return-on-Tangible-Equity too high?
FESCO Group Co's current Return-on-Tangible-Equity of 14.37% is 287% above median its 10-year median of 3.71. The Business Services industry median Return-on-Tangible-Equity is 10.72. FESCO Group Co's value of 14.37% is 34% above this industry median. Based on the distribution chart, FESCO Group Co ranks #473 out of 1006 companies in the Business Services industry, which is above the industry midpoint. Overall, FESCO Group Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FESCO Group Co's Return-on-Tangible-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, FESCO Group Co ranks #473 out of 1006 companies for Return-on-Tangible-Equity. This puts FESCO Group Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.72. FESCO Group Co's value of 14.37% is 34% above this benchmark. While the company's 10-year median is 3.71 vs. the industry median of 10.72, FESCO Group Co 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 a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.72, based on 1,006 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. FESCO Group Co's current Return-on-Tangible-Equity of 14.37% is 34% 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 FESCO Group Co and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FESCO Group Co's current Return-on-Tangible-Equity is 14.37%, which is 287% above median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FESCO Group Co stock overvalued right now?
Based on GuruFocus' analysis, FESCO Group Co (SHSE:600861) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.27, compared to a current price of ¥12.99 — trading 35.9% below its estimated fair value. The current Return-on-Tangible-Equity is 14.37%, which is 287% above median its 10-year median of 3.71 and 34% above the Business Services industry median of 10.72. FESCO Group Co's overall GF Score™ is 76/100 with 2 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 FESCO Group Co (SHSE:600861), the current Return-on-Tangible-Equity is 14.37% as of Mar. 2026. 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 FESCO Group Co (SHSE:600861) Overvalued in 2026?
Based on GuruFocus' analysis, FESCO Group Co stock appears to be undervalued.
The current stock price of ¥12.99 is trading 35.9% below its estimated GF Value™ of ¥20.27.
GuruFocus considers FESCO Group Co to be Significantly Undervalued.
Key valuation signals for SHSE:600861:
Return-on-Tangible-Equity: 14.37% (287% above median its 10-year median of 3.71)
GF Value™: ¥20.27 vs. price of ¥12.99 (35.9% below fair value)
Industry Position: 34% above the Business Services median (#473 of 1006)
No single metric tells the full story. See the SHSE:600861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.
76GF Score
Get the complete analysis for SHSE:600861
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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