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Hudaco IndustriesJSE:HDC -0.38%87 Return-on-Tangible-Asset is 6.90% as of May. 2026, which is 44% below its 10-year median of 12.36. GuruFocus rates JSE:HDC with a GF Score™ of 87/100 and a GF Value™ of R198.08 (Fairly Valued). Among 158 Industrial Distribution companies, Hudaco Industries ranks better than 84.81% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Hudaco Industries's annualizedNet Income for the quarter that ended in May. 2026 was R358 Mil. Hudaco Industries's average total tangible assets for the quarter that ended in May. 2026 was R5,187 Mil. Therefore, Hudaco Industries's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 6.90%.
The historical rank and industry rank for Hudaco Industries's Return-on-Tangible-Asset or its related term are showing as below:
JSE:HDC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1 Med: 12.36 Max: 13.8
Current: 9.42
During the past 13 years, Hudaco Industries's highest Return-on-Tangible-Asset was 13.80%. The lowest was 1.00%. And the median was 12.36%.
JSE:HDC's Return-on-Tangible-Asset is ranked better than 84.81% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.01
vs JSE:HDC: 9.42
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Hudaco Industries Return-on-Tangible-Asset Related Terms
Hudaco Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hudaco Industries's Return-on-Tangible-Asset 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.
JSE:HDC vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Hudaco Industries's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Hudaco Industries Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hudaco Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hudaco Industries's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.90% mean?
Hudaco Industries (JSE:HDC) has a Return-on-Tangible-Asset of 6.90% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hudaco Industries and its competitors. This is 44% below median its historical median of 12.36. Over the past decade, Hudaco Industries' Return-on-Tangible-Asset has ranged from 1.00 to 13.80. According to the industry distribution chart, Hudaco Industries ranks #24 out of 158 companies in the Industrial Distribution industry, placing it in the top 15.2%.
Is Hudaco Industries' Return-on-Tangible-Asset too high?
Hudaco Industries' current Return-on-Tangible-Asset of 6.90% is 44% below median its 10-year median of 12.36. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 13.80. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.01. Hudaco Industries' value of 6.90% is 72.1% above this industry median. Based on the distribution chart, Hudaco Industries ranks #24 out of 158 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Hudaco Industries has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hudaco Industries' Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hudaco Industries ranks #24 out of 158 companies for Return-on-Tangible-Asset. This places Hudaco Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.01. Hudaco Industries' value of 6.90% is 72.1% above this benchmark. Historically, Hudaco Industries' own Return-on-Tangible-Asset has ranged from 1.00 to 13.80 over the past decade. While the company's 10-year median is 12.36 vs. the industry median of 4.01, Hudaco Industries 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 Return-on-Tangible-Asset for an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.01, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hudaco Industries's current Return-on-Tangible-Asset of 6.90% is 72.1% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hudaco Industries and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudaco Industries's current Return-on-Tangible-Asset is 6.90%, which is 44% below median its own 10-year median of 12.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudaco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hudaco Industries (JSE:HDC) is currently considered Fairly Valued. The stock's GF Value™ is R198.08, compared to a current price of R192.26 — trading 2.9% below its estimated fair value. The current Return-on-Tangible-Asset is 6.90%, which is 44% below median its 10-year median of 12.36 and 72.1% above the Industrial Distribution industry median of 4.01. Hudaco Industries' overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hudaco Industries (JSE:HDC), the current Return-on-Tangible-Asset is 6.90% as of May. 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 Hudaco Industries (JSE:HDC) Overvalued in 2026?
Based on GuruFocus' analysis, Hudaco Industries stock appears to be undervalued.
The current stock price of R192.26 is trading 2.9% below its estimated GF Value™ of R198.08.
GuruFocus considers Hudaco Industries to be Fairly Valued.
Key valuation signals for JSE:HDC:
Return-on-Tangible-Asset: 6.90% (44% below median its 10-year median of 12.36)
GF Value™: R198.08 vs. price of R192.26 (2.9% below fair value)
Industry Position: 72.1% above the Industrial Distribution median (#24 of 158)
No single metric tells the full story. See the JSE:HDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Engineering consumables segment. Geographically, it derives a majority of revenue from South Africa.
87GF Score
Get the complete analysis for JSE:HDC
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