MAWHY (Man Wah Holdings) ROE %: 9.56% (As of Mar. 2026) — 55% Below Median


MAWHY Man Wah Holdings Ltd MAWHY
78 GF Score
Price $7.36
GF Value $11.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings ROE %?

Man Wah Holdings MAWHY -0.94% 78 ROE % is 9.56% as of Mar. 2026, which is 55% below its 10-year median of 21.04. GuruFocus rates MAWHY with a GF Score™ of 78/100 and a GF Value™ of $11.08 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 81.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Man Wah Holdings's annualized net income for the quarter that ended in Mar. 2026 was $170 Mil. Man Wah Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,783 Mil. Therefore, Man Wah Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 9.56%.

The historical rank and industry rank for Man Wah Holdings's ROE % or its related term are showing as below:

MAWHY' s ROE % Range Over the Past 10 Years
Min: 13.41   Med: 21.04   Max: 35.94
Current: 13.41

During the past 13 years, Man Wah Holdings's highest ROE % was 35.94%. The lowest was 13.41%. And the median was 21.04%.

MAWHY's ROE % is ranked better than
81.78% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.545 vs MAWHY: 13.41

Man Wah Holdings  (OTCPK:MAWHY) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=170.4/1782.521
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(170.4 / 2142.5)*(2142.5 / 2779.597)*(2779.597 / 1782.521)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.95 %*0.7708*1.5594
=ROA %*Equity Multiplier
=6.13 %*1.5594
=9.56 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=170.4/1782.521
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (170.4 / 225.994) * (225.994 / 241.524) * (241.524 / 2142.5) * (2142.5 / 2779.597) * (2779.597 / 1782.521)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.754 * 0.9357 * 11.27 % * 0.7708 * 1.5594
=9.56 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Man Wah Holdings ROE % Related Terms


Man Wah Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings ROE % Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.95 16.43 19.51 16.69 13.43

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.78 18.36 14.51 17.37 9.56

MAWHY vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's ROE % falls into.


MAWHY
78GF Score
Man Wah Holdings Ltd MAWHY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah Holdings ROE % Calculation

Man Wah Holdings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=231.566/( (1635.274+1811.988)/ 2 )
=231.566/1723.631
=13.43 %

Man Wah Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=170.4/( (1753.054+1811.988)/ 2 )
=170.4/1782.521
=9.56 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.56% mean?
Man Wah Holdings (MAWHY) has a ROE % of 9.56% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Man Wah Holdings and its competitors. This is 55% below median its historical median of 21.04. Over the past decade, Man Wah Holdings' ROE % has ranged from 13.41 to 35.94. According to the industry distribution chart, Man Wah Holdings ranks #78 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 18.2%.
Is Man Wah Holdings' ROE % too high?
Man Wah Holdings' current ROE % of 9.56% is 55% below median its 10-year median of 21.04. Over the past 10 years, this metric has ranged from a low of 13.41 to a high of 35.94. The Furnishings, Fixtures & Appliances industry median ROE % is 4.55. Man Wah Holdings' value of 9.56% is 110.3% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #78 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Man Wah Holdings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #78 out of 428 companies for ROE %. This places Man Wah Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Man Wah Holdings' value of 9.56% is 110.3% above this benchmark. Historically, Man Wah Holdings' own ROE % has ranged from 13.41 to 35.94 over the past decade. While the company's 10-year median is 21.04 vs. the industry median of 4.55, Man Wah 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.55, based on 428 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. Man Wah Holdings's current ROE % of 9.56% is 110.3% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current ROE % is 9.56%, which is 55% below median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.08, compared to a current price of $7.36 — trading 33.6% below its estimated fair value. The current ROE % is 9.56%, which is 55% below median its 10-year median of 21.04 and 110.3% above the Furnishings, Fixtures & Appliances industry median of 4.55. Man Wah Holdings' overall GF Score™ is 78/100 with 2 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 Man Wah Holdings (MAWHY), the current ROE % is 9.56% 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 Man Wah Holdings (MAWHY) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $7.36 is trading 33.6% below its estimated GF Value™ of $11.08. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHY:

  • ROE %: 9.56% (55% below median its 10-year median of 21.04)
  • GF Value™: $11.08 vs. price of $7.36 (33.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 110.3% above the Furnishings, Fixtures & Appliances median (#78 of 428)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
78GF Score

Get the complete analysis for MAWHY

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

$7.36
Price
$11.08
GF Value