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Analogue HoldingsHKSE:01977 +1.08%65 ROE % is 7.52% as of Dec. 2025, which is 45% below its 10-year median of 13.67. GuruFocus rates HKSE:01977 with a GF Score™ of 65/100 and a GF Value™ of HK$0.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,751 Construction companies, Analogue Holdings ranks better than 52.08% on this metric.
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:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Analogue Holdings ROE % Related Terms
Analogue Holdings ROE % Historical Data
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The historical data trend for Analogue Holdings'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.
For the Engineering & Construction subindustry, Analogue Holdings'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.
Analogue Holdings ROE % vs Construction Industry
For the Construction industry and Industrials sector, Analogue Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Analogue Holdings's ROE % 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 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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Analogue Holdings (HKSE:01977) has a ROE % of 7.52% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Analogue Holdings and its competitors. This is 45% below median its historical median of 13.67. Over the past decade, Analogue Holdings' ROE % has ranged from 5.46 to 25.43. According to the industry distribution chart, Analogue Holdings ranks #839 out of 1751 companies in the Construction industry, placing it in the top 47.9%.
Is Analogue Holdings' ROE % too high?
Analogue Holdings' current ROE % of 7.52% is 45% below median its 10-year median of 13.67. Over the past 10 years, this metric has ranged from a low of 5.46 to a high of 25.43. The Construction industry median ROE % is 6.79. Analogue Holdings' value of 7.52% is 10.8% above this industry median. Based on the distribution chart, Analogue Holdings ranks #839 out of 1751 companies in the Construction industry, which is above the industry midpoint. Overall, Analogue Holdings has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Analogue Holdings' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Analogue Holdings ranks #839 out of 1751 companies for ROE %. This puts Analogue Holdings in the upper half of its industry. The industry median ROE % is 6.79. Analogue Holdings' value of 7.52% is 10.8% above this benchmark. Historically, Analogue Holdings' own ROE % has ranged from 5.46 to 25.43 over the past decade. While the company's 10-year median is 13.67 vs. the industry median of 6.79, Analogue Holdings has consistently been above the industry average. 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 Construction company?
The median ROE % among Construction companies is 6.79, based on 1,751 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. Analogue Holdings's current ROE % of 7.52% is 10.8% 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 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 Analogue Holdings and its competitors. For the Construction industry, the median ROE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Analogue Holdings's current ROE % is 7.52%, which is 45% below median its own 10-year median of 13.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Analogue Holdings stock overvalued right now?
Based on GuruFocus' analysis, Analogue Holdings (HKSE:01977) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.95, compared to a current price of HK$0.94 — trading 1.1% below its estimated fair value. The current ROE % is 7.52%, which is 45% below median its 10-year median of 13.67 and 10.8% above the Construction industry median of 6.79. Analogue Holdings' overall GF Score™ is 65/100 with 5 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 Analogue Holdings (HKSE:01977), the current ROE % is 7.52% 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 Analogue Holdings (HKSE:01977) Overvalued in 2026?
Based on GuruFocus' analysis, Analogue Holdings stock appears to be undervalued.
The current stock price of HK$0.94 is trading 1.1% below its estimated GF Value™ of HK$0.95.
GuruFocus considers Analogue Holdings to be Fairly Valued.
Key valuation signals for HKSE:01977:
ROE %: 7.52% (45% below median its 10-year median of 13.67)
GF Value™: HK$0.95 vs. price of HK$0.94 (1.1% below fair value)
Industry Position: 10.8% above the Construction median (#839 of 1751)
No single metric tells the full story. See the HKSE:01977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Analogue Holdings Ltd is engaged in the provision of electrical and mechanical engineering building services, including the design, installation, testing and commissioning, and maintenance of heating, ventilation & air-conditioning systems, fire service systems, plumbing and drainage systems & electrical and extra low voltage system; total solutions for the design, construction, operation and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge & gas; ICBT for design, installation and servicing of a wide range of intelligent systems, information and communications technology, and Lifts and escalators for design, supply and installation of a wide range of lifts and escalators. Geographically, it generates majority of revenue from Hong Kong.
65GF Score
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