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Koninklijke Heijmans NVFRA:HJN1 +4.47%74 Return-on-Tangible-Equity is 43.13% as of Jun. 2026, which is 52% above its 10-year median of 28.43. GuruFocus rates FRA:HJN1 with a GF Score™ of 74/100 and a GF Value™ of €38.72 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,710 Construction companies, Koninklijke Heijmans NV ranks better than 88.19% 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. Koninklijke Heijmans NV's annualized net income for the quarter that ended in Jun. 2026 was €146 Mil. Koninklijke Heijmans NV's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €339 Mil. Therefore, Koninklijke Heijmans NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 43.13%.
The historical rank and industry rank for Koninklijke Heijmans NV's Return-on-Tangible-Equity or its related term are showing as below:
FRA:HJN1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -110.6 Med: 28.43 Max: 43.92
Current: 43.92
During the past 13 years, Koninklijke Heijmans NV's highest Return-on-Tangible-Equity was 43.92%. The lowest was -110.60%. And the median was 28.43%.
FRA:HJN1's Return-on-Tangible-Equity is ranked better than 88.19% of 1710
companies
in the Construction industry
Industry Median: 8.145
vs FRA:HJN1: 43.92
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.
Koninklijke Heijmans NV Return-on-Tangible-Equity Related Terms
Koninklijke Heijmans NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Koninklijke Heijmans NV'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.
FRA:HJN1 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Koninklijke Heijmans NV'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.
Koninklijke Heijmans NV Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Koninklijke Heijmans NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Koninklijke Heijmans NV'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 43.13% mean?
Koninklijke Heijmans NV (FRA:HJN1) has a Return-on-Tangible-Equity of 43.13% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Koninklijke Heijmans NV and its competitors. This is 52% above median its historical median of 28.43. According to the industry distribution chart, Koninklijke Heijmans NV ranks #202 out of 1710 companies in the Construction industry, placing it in the top 11.8%.
Is Koninklijke Heijmans NV's Return-on-Tangible-Equity too high?
Koninklijke Heijmans NV's current Return-on-Tangible-Equity of 43.13% is 52% above median its 10-year median of 28.43. The Construction industry median Return-on-Tangible-Equity is 8.15. Koninklijke Heijmans NV's value of 43.13% is 429.5% above this industry median. Based on the distribution chart, Koninklijke Heijmans NV ranks #202 out of 1710 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Koninklijke Heijmans NV has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Heijmans NV's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Koninklijke Heijmans NV ranks #202 out of 1710 companies for Return-on-Tangible-Equity. This places Koninklijke Heijmans NV in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.15. Koninklijke Heijmans NV's value of 43.13% is 429.5% above this benchmark. While the company's 10-year median is 28.43 vs. the industry median of 8.15, Koninklijke Heijmans NV 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-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.15, based on 1,710 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. Koninklijke Heijmans NV's current Return-on-Tangible-Equity of 43.13% is 429.5% 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 Koninklijke Heijmans NV and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Heijmans NV's current Return-on-Tangible-Equity is 43.13%, which is 52% above median its own 10-year median of 28.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Heijmans NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Heijmans NV (FRA:HJN1) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.72, compared to a current price of €93.55 — trading 141.6% above its estimated fair value. The current Return-on-Tangible-Equity is 43.13%, which is 52% above median its 10-year median of 28.43 and 429.5% above the Construction industry median of 8.15. Koninklijke Heijmans NV's overall GF Score™ is 74/100 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 Koninklijke Heijmans NV (FRA:HJN1), the current Return-on-Tangible-Equity is 43.13% as of Jun. 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 Koninklijke Heijmans NV (FRA:HJN1) Overvalued in 2026?
Based on GuruFocus' analysis, Koninklijke Heijmans NV stock appears to be overvalued.
The current stock price of €93.55 is trading 141.6% above its estimated GF Value™ of €38.72.
GuruFocus considers Koninklijke Heijmans NV to be Significantly Overvalued.
Key valuation signals for FRA:HJN1:
Return-on-Tangible-Equity: 43.13% (52% above median its 10-year median of 28.43)
GF Value™: €38.72 vs. price of €93.55 (141.6% above fair value)
Industry Position: 429.5% above the Construction median (#202 of 1710)
No single metric tells the full story. See the FRA:HJN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koninklijke Heijmans NV operates in the construction and public works sector in the Netherlands. Its activities include construction and maintenance of infrastructures: public spaces, highways, bridges, pipelines, roads, tram lines, etc; construction and restoration of buildings: houses, offices, schools, hospitals, stadiums, industrial sites, etc.; servicing and maintenance of buildings and installations.
74GF Score
Get the complete analysis for FRA:HJN1
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