Tat Hong Equipment Service Co (FRA:1Q2) ROE %: -8.45% (As of Sep. 2025)


FRA:1Q2 Tat Hong Equipment Service Co Ltd FRA:1Q2
48 GF Score
Price €0.08
GF Value €0.08
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Tat Hong Equipment Service Co ROE %?

Tat Hong Equipment Service Co FRA:1Q2 -0.63% 48 ROE % is -8.45% as of Sep. 2025. GuruFocus rates FRA:1Q2 with a GF Score™ of 48/100 and a GF Value™ of €0.08 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Tat Hong Equipment Service Co ranks worse than 87.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tat Hong Equipment Service Co's annualized net income for the quarter that ended in Sep. 2025 was €-13.31 Mil. Tat Hong Equipment Service Co's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was €157.45 Mil. Therefore, Tat Hong Equipment Service Co's annualized ROE % for the quarter that ended in Sep. 2025 was -8.45%.

The historical rank and industry rank for Tat Hong Equipment Service Co's ROE % or its related term are showing as below:

FRA:1Q2' s ROE % Range Over the Past 10 Years
Min: -9.86   Med: 4.34   Max: 8.02
Current: -9.86

During the past 9 years, Tat Hong Equipment Service Co's highest ROE % was 8.02%. The lowest was -9.86%. And the median was 4.34%.

FRA:1Q2's ROE % is ranked worse than
87.75% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.315 vs FRA:1Q2: -9.86

Tat Hong Equipment Service Co  (FRA:1Q2) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-13.306/157.4465
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.306 / 72.036)*(72.036 / 377.0895)*(377.0895 / 157.4465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18.47 %*0.191*2.395
=ROA %*Equity Multiplier
=-3.53 %*2.395
=-8.45 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-13.306/157.4465
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.306 / -15.488) * (-15.488 / -7.23) * (-7.23 / 72.036) * (72.036 / 377.0895) * (377.0895 / 157.4465)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8591 * 2.1422 * -10.04 % * 0.191 * 2.395
=-8.45 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Tat Hong Equipment Service Co ROE % Related Terms


Tat Hong Equipment Service Co ROE % Historical Data

* Premium members only.

The historical data trend for Tat Hong Equipment Service Co's ROE % 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.

Tat Hong Equipment Service Co ROE % Chart

Tat Hong Equipment Service Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only 3.21 -2.26 -6.31 -8.85 -9.64

Tat Hong Equipment Service Co Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 -10.28 -5.15 -12.58 -8.45 -10.99

FRA:1Q2 vs CAT, DE, PCAR: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service Co's ROE %, along with its competitors' market caps and ROE % 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.


Tat Hong Equipment Service Co ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tat Hong Equipment Service Co's ROE % falls into.


FRA:1Q2
48GF Score
Tat Hong Equipment Service Co Ltd FRA:1Q2
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tat Hong Equipment Service Co ROE % Calculation

Tat Hong Equipment Service Co's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=-15.382/( (181.589+165.973)/ 2 )
=-15.382/173.781
=-8.85 %

Tat Hong Equipment Service Co's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=-13.306/( (165.973+148.92)/ 2 )
=-13.306/157.4465
=-8.45 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -8.45% mean?
Tat Hong Equipment Service Co (FRA:1Q2) has a ROE % of -8.45% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tat Hong Equipment Service Co and its competitors. According to the industry distribution chart, Tat Hong Equipment Service Co ranks #179 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 87.7%.
Is Tat Hong Equipment Service Co's ROE % too high?
Tat Hong Equipment Service Co's current ROE % is -8.45%. Based on the distribution chart, Tat Hong Equipment Service Co ranks #179 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Tat Hong Equipment Service Co has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Hong Equipment Service Co's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tat Hong Equipment Service Co ranks #179 out of 204 companies for ROE %. This places Tat Hong Equipment Service Co in the lower half of its industry. The industry median ROE % is 7.32. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.32, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tat Hong Equipment Service Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Hong Equipment Service Co's current ROE % is -8.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Hong Equipment Service Co stock overvalued right now?
Based on GuruFocus' analysis, Tat Hong Equipment Service Co (FRA:1Q2) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.08, compared to a current price of €0.08 — trading 1.9% below its estimated fair value. The current ROE % is -8.45%. Tat Hong Equipment Service Co's overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tat Hong Equipment Service Co (FRA:1Q2), the current ROE % is -8.45% as of Sep. 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 Tat Hong Equipment Service Co (FRA:1Q2) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Hong Equipment Service Co stock appears to be undervalued. The current stock price of €0.08 is trading 1.9% below its estimated GF Value™ of €0.08. GuruFocus considers Tat Hong Equipment Service Co to be Modestly Overvalued.

Key valuation signals for FRA:1Q2:

  • ROE %: -8.45%
  • GF Value™: €0.08 vs. price of €0.08 (1.9% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the FRA:1Q2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Hong Equipment Service Co Business Description

Other Exchanges 02153:Hong Kong
Address No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106
Tat Hong Equipment Service Co Ltd is involved in providing tower crane services. The company offers a range of tower crane solutions, including consultation, technical design, commissioning, construction, and after-sales services. The operating segments generate revenue mainly from tower crane services. Geographically the key revenue is obtained from PRC region.
48GF Score

Get the complete analysis for FRA:1Q2

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

€0.08
Price
€0.08
GF Value