SJMHF (SJM Holdings) Return-on-Tangible-Equity: -8.76% (As of Dec. 2025)


SJMHF SJM Holdings Ltd SJMHF
36 GF Score
Price $0.19
GF Value $0.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is SJM Holdings Return-on-Tangible-Equity?

SJM Holdings SJMHF 36 Return-on-Tangible-Equity is -8.76% as of Dec. 2025. GuruFocus rates SJMHF with a GF Score™ of 36/100 and a GF Value™ of $0.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 792 Travel & Leisure companies, SJM Holdings ranks worse than 77.4% 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. SJM Holdings's annualized net income for the quarter that ended in Dec. 2025 was $-132 Mil. SJM Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,501 Mil. Therefore, SJM Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -8.76%.

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

SJMHF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.97   Med: -1.81   Max: 11.86
Current: -2.62

During the past 13 years, SJM Holdings's highest Return-on-Tangible-Equity was 11.86%. The lowest was -42.97%. And the median was -1.81%.

SJMHF's Return-on-Tangible-Equity is ranked worse than
77.4% of 792 companies
in the Travel & Leisure industry
Industry Median: 7.64 vs SJMHF: -2.62

SJM Holdings  (OTCPK:SJMHF) 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.


SJM Holdings Return-on-Tangible-Equity Related Terms


SJM Holdings Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for SJM 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.

SJM Holdings Return-on-Tangible-Equity Chart

SJM Holdings 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 -18.48 -43.01 -14.52 0.03 -3.65

SJM Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Mar26
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 2.18 0.00 0.31 -8.76 -2.11

SJMHF vs LVS, MGM, WYNN: Return-on-Tangible-Equity Comparison

For the Resorts & Casinos subindustry, SJM 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.


SJM Holdings Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SJM Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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


SJMHF
36GF Score
SJM Holdings Ltd SJMHF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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SJM Holdings Return-on-Tangible-Equity Calculation

SJM Holdings'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 )
=-55.136/( (1521.394+1500.719 )/ 2 )
=-55.136/1511.0565
=-3.65 %

SJM Holdings'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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-131.504/( (0+1500.719)/ 1 )
=-131.504/1500.719
=-8.76 %

* 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 (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 -8.76% mean?
SJM Holdings (SJMHF) has a Return-on-Tangible-Equity of -8.76% 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 SJM Holdings and its competitors. According to the industry distribution chart, SJM Holdings ranks #613 out of 792 companies in the Travel & Leisure industry, placing it in the top 77.4%.
Is SJM Holdings' Return-on-Tangible-Equity too high?
SJM Holdings' current Return-on-Tangible-Equity is -8.76%. Based on the distribution chart, SJM Holdings ranks #613 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, SJM Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SJM Holdings' Return-on-Tangible-Equity compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, SJM Holdings ranks #613 out of 792 companies for Return-on-Tangible-Equity. This places SJM Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.64. 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 7.64, 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. 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 SJM Holdings and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SJM Holdings's current Return-on-Tangible-Equity is -8.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJM Holdings stock overvalued right now?
Based on GuruFocus' analysis, SJM Holdings (SJMHF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.49, compared to a current price of $0.19 — trading 61.2% below its estimated fair value. The current Return-on-Tangible-Equity is -8.76%. SJM Holdings' overall GF Score™ is 36/100 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 SJM Holdings (SJMHF), the current Return-on-Tangible-Equity is -8.76% 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 SJM Holdings (SJMHF) Overvalued in 2026?

Based on GuruFocus' analysis, SJM Holdings stock appears to be undervalued. The current stock price of $0.19 is trading 61.2% below its estimated GF Value™ of $0.49. GuruFocus considers SJM Holdings to be Possible Value Trap.

Key valuation signals for SJMHF:

  • Return-on-Tangible-Equity: -8.76%
  • GF Value™: $0.49 vs. price of $0.19 (61.2% below fair value)
  • GF Score™: 36/100 with 4 warning signs

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


SJM Holdings Business Description

Address Nos. 168 - 200 Connaught Road Central, 18th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
SJM Holdings is one of six casino license holders in Macao. It operates Grand Lisboa casino in the peninsula and Grand Lisboa Palace in Cotai, as well as another three self-promoted casinos: Casino Lisboa, Oceanus at Jai Alai, and L'Arc Macau.
36GF Score

Get the complete analysis for SJMHF

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

$0.19
Price
$0.49
GF Value