OneApex (STU:CWF) Return-on-Tangible-Equity: -17.40% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:CWF OneApex Ltd STU:CWF
46 GF Score
Price €0.12
GF Value €0.01
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is OneApex Return-on-Tangible-Equity?

OneApex STU:CWF 46 Return-on-Tangible-Equity is -17.40% as of Mar. 2026. GuruFocus rates STU:CWF with a GF Score™ of 46/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,715 Real Estate companies, OneApex ranks worse than 89.56% 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. OneApex's annualized net income for the quarter that ended in Mar. 2026 was €-0.84 Mil. OneApex's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €4.84 Mil. Therefore, OneApex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -17.40%.

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

STU:CWF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.16   Med: -6.25   Max: 79
Current: -17.2

During the past 13 years, OneApex's highest Return-on-Tangible-Equity was 79.00%. The lowest was -20.16%. And the median was -6.25%.

STU:CWF's Return-on-Tangible-Equity is ranked worse than
89.56% of 1715 companies
in the Real Estate industry
Industry Median: 4.26 vs STU:CWF: -17.20

OneApex  (STU:CWF) 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.


OneApex Return-on-Tangible-Equity Related Terms


OneApex Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for OneApex'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.

OneApex Return-on-Tangible-Equity Chart

OneApex Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.07 0.19 -6.23 60.54 -10.27

OneApex Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -1.75 122.74 -9.83 -16.79 -17.40

STU:CWF vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, OneApex'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.


OneApex Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, OneApex's Return-on-Tangible-Equity distribution charts can be found below:

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


STU:CWF
46GF Score
OneApex Ltd STU:CWF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OneApex Return-on-Tangible-Equity Calculation

OneApex's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-0.859/( (11.728+5.002 )/ 2 )
=-0.859/8.365
=-10.27 %

OneApex's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-0.842/( (5.002+4.677)/ 2 )
=-0.842/4.8395
=-17.40 %

* 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 (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 -17.40% mean?
OneApex (STU:CWF) has a Return-on-Tangible-Equity of -17.40% 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 OneApex and its competitors. According to the industry distribution chart, OneApex ranks #1536 out of 1715 companies in the Real Estate industry, placing it in the top 89.6%.
Is OneApex's Return-on-Tangible-Equity too high?
OneApex's current Return-on-Tangible-Equity is -17.40%. Based on the distribution chart, OneApex ranks #1536 out of 1715 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, OneApex has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OneApex's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, OneApex ranks #1536 out of 1715 companies for Return-on-Tangible-Equity. This places OneApex in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.26. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.26, based on 1,715 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 OneApex and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneApex's current Return-on-Tangible-Equity is -17.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneApex stock overvalued right now?
Based on GuruFocus' analysis, OneApex (STU:CWF) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.12 — trading 1110% above its estimated fair value. The current Return-on-Tangible-Equity is -17.40%. OneApex's overall GF Score™ is 46/100 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 OneApex (STU:CWF), the current Return-on-Tangible-Equity is -17.40% 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 OneApex (STU:CWF) Overvalued in 2026?

Based on GuruFocus' analysis, OneApex stock appears to be overvalued. The current stock price of €0.12 is trading 1110% above its estimated GF Value™ of €0.01. GuruFocus considers OneApex to be Significantly Overvalued.

Key valuation signals for STU:CWF:

  • Return-on-Tangible-Equity: -17.40%
  • GF Value™: €0.01 vs. price of €0.12 (1110% above fair value)
  • GF Score™: 46/100 with 2 warning signs

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


OneApex Business Description

Other Exchanges 5SY:Singapore
Address 38 Jalan Pemimpin, No. 02-05, Singapore, SGP, 577178
OneApex Ltd principal activity is investment holding. The Company operates through three segments: the financial services segment, which mainly relates to customer referral services; the property management segment, which relates to consultation services on hotel operation; and the property development segment, which relates to the development of industrial properties. The Company's revenue comes from the property management segment, and the Group's operations are solely in Singapore.
46GF Score

Get the complete analysis for STU:CWF

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

€0.12
Price
€0.01
GF Value