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hipages Group HoldingsASX:HPG 57 Return-on-Tangible-Equity is 33.25% as of Dec. 2025. GuruFocus rates ASX:HPG with a GF Score™ of 57/100 and a GF Value™ of A$1.30 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,477 Software companies, hipages Group Holdings ranks better than 78% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. hipages Group Holdings's annualized net income for the quarter that ended in Dec. 2025 was A$5.49 Mil. hipages Group Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$16.52 Mil. Therefore, hipages Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 33.25%.
The historical rank and industry rank for hipages Group Holdings's Return-on-Tangible-Equity or its related term are showing as below:
ASX:HPG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -92.08 Med: -5.75 Max: 59.17
Current: 35
During the past 6 years, hipages Group Holdings's highest Return-on-Tangible-Equity was 59.17%. The lowest was -92.08%. And the median was -5.75%.
ASX:HPG's Return-on-Tangible-Equity is ranked better than 78% of 2477
companies
in the Software industry
Industry Median: 8.83
vs ASX:HPG: 35.00
hipages Group Holdings (ASX:HPG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
hipages Group Holdings Return-on-Tangible-Equity Related Terms
hipages Group Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for hipages Group Holdings's Return-on-Tangible-Equity 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.
hipages Group Holdings Return-on-Tangible-Equity Chart
ASX:HPG vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, hipages Group Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
hipages Group Holdings Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, hipages Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where hipages Group Holdings's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 33.25% mean?
hipages Group Holdings (ASX:HPG) has a Return-on-Tangible-Equity of 33.25% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on hipages Group Holdings and its competitors. According to the industry distribution chart, hipages Group Holdings ranks #545 out of 2477 companies in the Software industry, placing it in the top 22%.
Is hipages Group Holdings' Return-on-Tangible-Equity too high?
hipages Group Holdings' current Return-on-Tangible-Equity is 33.25%. The Software industry median Return-on-Tangible-Equity is 8.83. hipages Group Holdings' value of 33.25% is 276.6% above this industry median. Based on the distribution chart, hipages Group Holdings ranks #545 out of 2477 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, hipages Group Holdings has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does hipages Group Holdings' Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, hipages Group Holdings ranks #545 out of 2477 companies for Return-on-Tangible-Equity. This places hipages Group Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.83. hipages Group Holdings' value of 33.25% is 276.6% above this benchmark. 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-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.83, based on 2,477 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. hipages Group Holdings's current Return-on-Tangible-Equity of 33.25% is 276.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on hipages Group Holdings and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. hipages Group Holdings's current Return-on-Tangible-Equity is 33.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hipages Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, hipages Group Holdings (ASX:HPG) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.30, compared to a current price of A$0.77 — trading 41.2% below its estimated fair value. The current Return-on-Tangible-Equity is 33.25% and 276.6% above the Software industry median of 8.83. hipages Group Holdings' overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For hipages Group Holdings (ASX:HPG), the current Return-on-Tangible-Equity is 33.25% 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 hipages Group Holdings (ASX:HPG) Overvalued in 2026?
Based on GuruFocus' analysis, hipages Group Holdings stock appears to be undervalued.
The current stock price of A$0.77 is trading 41.2% below its estimated GF Value™ of A$1.30.
GuruFocus considers hipages Group Holdings to be Significantly Undervalued.
Key valuation signals for ASX:HPG:
Return-on-Tangible-Equity: 33.25%
GF Value™: A$1.30 vs. price of A$0.77 (41.2% below fair value)
Industry Position: 276.6% above the Software median (#545 of 2477)
No single metric tells the full story. See the ASX:HPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
hipages Group Holdings Ltd is an online platform and software as a service provider that aims to connect tradies and consumers to resolve difficulties that come with organizing and coordinating home improvement jobs. The platform provides an efficient, technology-driven model to connect consumers with qualified tradies, and facilitates the management of other elements of the home improvement process, such as communication, payment, and ratings and recommendations. The company has two segments, Australia (Hipages online tradie platform) and New Zealand (Builderscrack online tradie platform). The company generates the majority of its revenue from Australia.
57GF Score
Get the complete analysis for ASX:HPG
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