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. Hingham Institution forvings's annualized net income for the quarter that ended in Mar. 2026 was €9.86 Mil. Hingham Institution forvings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €413.59 Mil. Therefore, Hingham Institution forvings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.38%.
The historical rank and industry rank for Hingham Institution forvings's Return-on-Tangible-Equity or its related term are showing as below:
FRA:HS3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.65 Med: 15.05 Max: 20.83
Current: 10.9
During the past 13 years, Hingham Institution forvings's highest Return-on-Tangible-Equity was 20.83%. The lowest was 6.65%. And the median was 15.05%.
FRA:HS3's Return-on-Tangible-Equity is ranked worse than 51.97% of 1522
companies
in the Banks industry
Industry Median: 11.19
vs FRA:HS3: 10.90
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.
Hingham Institution forvings Return-on-Tangible-Equity Related Terms
Hingham Institution forvings Return-on-Tangible-Equity Historical Data
* 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:HS3 vs AROW, TCBX, PFIS: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Hingham Institution forvings'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.
Hingham Institution forvings Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Hingham Institution forvings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hingham Institution forvings'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.38% mean?
Hingham Institution forvings (FRA:HS3) has a Return-on-Tangible-Equity of 2.38% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hingham Institution forvings and its competitors. This is 84% below median its historical median of 15.05. Over the past decade, Hingham Institution forvings' Return-on-Tangible-Equity has ranged from 6.65 to 20.83. According to the industry distribution chart, Hingham Institution forvings ranks #791 out of 1522 companies in the Banks industry, placing it in the top 52%.
Is Hingham Institution forvings' Return-on-Tangible-Equity too high?
Hingham Institution forvings' current Return-on-Tangible-Equity of 2.38% is 84% below median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 20.83. The Banks industry median Return-on-Tangible-Equity is 11.19. Hingham Institution forvings' value of 2.38% is 78.7% below this industry median. Based on the distribution chart, Hingham Institution forvings ranks #791 out of 1522 companies in the Banks industry, which is below the industry midpoint. Overall, Hingham Institution forvings has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Hingham Institution forvings' Return-on-Tangible-Equity compare to AROW and TCBX?
According to the Banks industry distribution chart, Hingham Institution forvings ranks #791 out of 1522 companies for Return-on-Tangible-Equity. This places Hingham Institution forvings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Hingham Institution forvings' value of 2.38% is 78.7% below this benchmark. Historically, Hingham Institution forvings' own Return-on-Tangible-Equity has ranged from 6.65 to 20.83 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 11.19, Hingham Institution forvings has consistently been below 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,522 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. Hingham Institution forvings's current Return-on-Tangible-Equity of 2.38% is 78.7% below 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 Hingham Institution forvings and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hingham Institution forvings's current Return-on-Tangible-Equity is 2.38%, which is 84% below median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hingham Institution forvings stock overvalued right now?
Hingham Institution forvings (FRA:HS3) has a current Return-on-Tangible-Equity of 2.38%. The stock's GF Value™ is €282.55, compared to a current price of €260.00 — trading 8% below its estimated fair value. The current Return-on-Tangible-Equity is 2.38%, which is 84% below median its 10-year median of 15.05 and 78.7% below the Banks industry median of 11.19. Hingham Institution forvings' overall GF Score™ is 56/100 with 2 warning signs 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 Hingham Institution forvings (FRA:HS3), the current Return-on-Tangible-Equity is 2.38% 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 Hingham Institution forvings (FRA:HS3) Overvalued in 2026?
Based on GuruFocus' analysis, Hingham Institution forvings stock appears to be undervalued.
The current stock price of €260.00 is trading 8% below its estimated GF Value™ of €282.55.
Key valuation signals for FRA:HS3:
Return-on-Tangible-Equity: 2.38% (84% below median its 10-year median of 15.05)
GF Value™: €282.55 vs. price of €260.00 (8% below fair value)
Industry Position: 78.7% below the Banks median (#791 of 1522)
No single metric tells the full story. See the FRA:HS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hingham Institution for Savings is a Massachusetts-chartered savings bank headquartered in Hingham, Massachusetts. The bank is principally engaged in the business of commercial and residential real estate mortgage lending, funded by a mix of retail and commercial deposits, wholesale deposits and borrowings. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending products are residential and commercial mortgage loans secured by properties in eastern Massachusetts. The bank also lends to commercial and residential real estate borrowers and services deposits for customers in the greater Washington, D.C. metropolitan area (WMA) and in the San Francisco Bay Area.
56GF Score
Get the complete analysis for FRA:HS3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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