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. Television Broadcasts's annualized net income for the quarter that ended in Dec. 2025 was $43.0 Mil. Television Broadcasts's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $270.1 Mil. Therefore, Television Broadcasts's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.93%.
The historical rank and industry rank for Television Broadcasts's Return-on-Tangible-Equity or its related term are showing as below:
TVBCF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.18 Med: -5.39 Max: 6.87
Current: 2.81
During the past 13 years, Television Broadcasts's highest Return-on-Tangible-Equity was 6.87%. The lowest was -27.18%. And the median was -5.39%.
TVBCF's Return-on-Tangible-Equity is ranked worse than 56.46% of 859
companies
in the Media - Diversified industry
Industry Median: 5.42
vs TVBCF: 2.81
Television Broadcasts (OTCPK:TVBCF) 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.
Television Broadcasts Return-on-Tangible-Equity Related Terms
Television Broadcasts Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Television Broadcasts'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.
Television Broadcasts Return-on-Tangible-Equity Chart
TVBCF vs NXST: Return-on-Tangible-Equity Comparison
For the Broadcasting subindustry, Television Broadcasts'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.
Television Broadcasts Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Television Broadcasts's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Television Broadcasts'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 15.93% mean?
Television Broadcasts (TVBCF) has a Return-on-Tangible-Equity of 15.93% 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 Television Broadcasts and its competitors. According to the industry distribution chart, Television Broadcasts ranks #485 out of 859 companies in the Media - Diversified industry, placing it in the top 56.5%.
Is Television Broadcasts' Return-on-Tangible-Equity too high?
Television Broadcasts' current Return-on-Tangible-Equity is 15.93%. The Media - Diversified industry median Return-on-Tangible-Equity is 5.42. Television Broadcasts' value of 15.93% is 193.9% above this industry median. Based on the distribution chart, Television Broadcasts ranks #485 out of 859 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Television Broadcasts has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Television Broadcasts' Return-on-Tangible-Equity compare to NXST?
According to the Media - Diversified industry distribution chart, Television Broadcasts ranks #485 out of 859 companies for Return-on-Tangible-Equity. This places Television Broadcasts in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.42. Television Broadcasts' value of 15.93% is 193.9% above this benchmark. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.42, based on 859 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. Television Broadcasts's current Return-on-Tangible-Equity of 15.93% is 193.9% 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 Television Broadcasts and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Television Broadcasts's current Return-on-Tangible-Equity is 15.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Television Broadcasts stock overvalued right now?
Television Broadcasts (TVBCF) has a current Return-on-Tangible-Equity of 15.93%. The stock's GF Value™ is $0.54, compared to a current price of $0.39 — trading 27.8% below its estimated fair value. The current Return-on-Tangible-Equity is 15.93% and 193.9% above the Media - Diversified industry median of 5.42. Television Broadcasts' overall GF Score™ is 71/100 with 3 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 Television Broadcasts (TVBCF), the current Return-on-Tangible-Equity is 15.93% 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 Television Broadcasts (TVBCF) Overvalued in 2026?
Based on GuruFocus' analysis, Television Broadcasts stock appears to be undervalued.
The current stock price of $0.39 is trading 27.8% below its estimated GF Value™ of $0.54.
Key valuation signals for TVBCF:
Return-on-Tangible-Equity: 15.93%
GF Value™: $0.54 vs. price of $0.39 (27.8% below fair value)
Industry Position: 193.9% above the Media - Diversified median (#485 of 859)
No single metric tells the full story. See the TVBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with program production and other television-related activities. Its operating segments include Hong Kong TV broadcasting, Digital Media, Chinese Mainland Operations, and International operations. The company derives a majority of its revenue from the Hong Kong TV broadcasting segment, involving the broadcasting of television programs, commercials on terrestrial TV platforms, production of programs, online social media platforms, music entertainment, events, and digital marketing. The group derives revenue from Hong Kong and other countries, with the prime revenue being derived from Hong Kong.
71GF Score
Get the complete analysis for TVBCF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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