LFG Investment Holdings (HKSE:03938) ROE % Adjusted to Book Value: 0.61% (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.

HKSE:03938 LFG Investment Holdings Ltd HKSE:03938
54 GF Score
Price HK$3.04
GF Value HK$0.32
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is LFG Investment Holdings ROE % Adjusted to Book Value?

LFG Investment Holdings HKSE:03938 -0.65% 54 ROE % Adjusted to Book Value is 0.61% as of Mar. 2026. GuruFocus rates HKSE:03938 with a GF Score™ of 54/100 and a GF Value™ of HK$0.32 (Significantly Overvalued). The stock has 1 warning sign investors should review.

LFG Investment Holdings's ROE % for the quarter that ended in Mar. 2026 was 7.40%. LFG Investment Holdings's PB Ratio for the quarter that ended in Mar. 2026 was 12.10. LFG Investment Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 0.61%.


LFG Investment Holdings ROE % Adjusted to Book Value Related Terms


LFG Investment Holdings ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for LFG Investment Holdings's ROE % Adjusted to Book Value 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.

LFG Investment Holdings ROE % Adjusted to Book Value Chart

LFG Investment Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.27 -22.06 -5.94 -40.33 0.56

LFG Investment Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value 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 -42.90 -42.67 -43.59 1.91 0.61

HKSE:03938 vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, LFG Investment Holdings's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


LFG Investment Holdings ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LFG Investment Holdings's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where LFG Investment Holdings's ROE % Adjusted to Book Value falls into.


HKSE:03938
54GF Score
LFG Investment Holdings Ltd HKSE:03938
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LFG Investment Holdings ROE % Adjusted to Book Value Calculation

LFG Investment Holdings's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.76% / 12.10
=0.56%

LFG Investment Holdings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=7.40% / 12.10
=0.61%

* 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.

What does a ROE % Adjusted to Book Value of 0.61% mean?
LFG Investment Holdings (HKSE:03938) has a ROE % Adjusted to Book Value of 0.61% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on LFG Investment Holdings and its competitors.
Is LFG Investment Holdings' ROE % Adjusted to Book Value too high?
LFG Investment Holdings' current ROE % Adjusted to Book Value is 0.61%. Overall, LFG Investment Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LFG Investment Holdings' ROE % Adjusted to Book Value compare to MS and GS?
LFG Investment Holdings' ROE % Adjusted to Book Value of 0.61% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on LFG Investment Holdings and its competitors. LFG Investment Holdings's current ROE % Adjusted to Book Value is 0.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LFG Investment Holdings stock overvalued right now?
Based on GuruFocus' analysis, LFG Investment Holdings (HKSE:03938) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.32, compared to a current price of HK$3.04 — trading 850% above its estimated fair value. The current ROE % Adjusted to Book Value is 0.61%. LFG Investment Holdings' overall GF Score™ is 54/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For LFG Investment Holdings (HKSE:03938), the current ROE % Adjusted to Book Value is 0.61% 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 LFG Investment Holdings (HKSE:03938) Overvalued in 2026?

Based on GuruFocus' analysis, LFG Investment Holdings stock appears to be overvalued. The current stock price of HK$3.04 is trading 850% above its estimated GF Value™ of HK$0.32. GuruFocus considers LFG Investment Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:03938:

  • ROE % Adjusted to Book Value: 0.61%
  • GF Value™: HK$0.32 vs. price of HK$3.04 (850% above fair value)
  • GF Score™: 54/100 with 1 warning sign

No single metric tells the full story. See the HKSE:03938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LFG Investment Holdings Business Description

Address 20 Pedder Street, Room 1505, 15th Floor, Wheelock House, Hong Kong, HKG
LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.
54GF Score

Get the complete analysis for HKSE:03938

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$3.04
Price
HK$0.32
GF Value