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Hoevelrat Holding AGHAM:C9T 65 Return-on-Tangible-Equity is 15.85% as of Dec. 2024, which is 76% above its 10-year median of 9.01. GuruFocus rates HAM:C9T with a GF Score™ of 65/100 and a GF Value™ of €22.86 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,589 Asset Management companies, Hoevelrat Holding AG ranks better than 71.93% 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. Hoevelrat Holding AG's annualized net income for the quarter that ended in Dec. 2024 was €1.33 Mil. Hoevelrat Holding AG's average shareholder tangible equity for the quarter that ended in Dec. 2024 was €8.36 Mil. Therefore, Hoevelrat Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 15.85%.
The historical rank and industry rank for Hoevelrat Holding AG's Return-on-Tangible-Equity or its related term are showing as below:
HAM:C9T'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.37 Med: 9.01 Max: 18.32
Current: 15.85
During the past 9 years, Hoevelrat Holding AG's highest Return-on-Tangible-Equity was 18.32%. The lowest was 5.37%. And the median was 9.01%.
HAM:C9T's Return-on-Tangible-Equity is ranked better than 71.93% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs HAM:C9T: 15.85
Hoevelrat Holding AG (HAM:C9T) 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.
Hoevelrat Holding AG Return-on-Tangible-Equity Related Terms
Hoevelrat Holding AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hoevelrat Holding AG'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.
Hoevelrat Holding AG Return-on-Tangible-Equity Chart
HAM:C9T vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Hoevelrat Holding AG'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.
Hoevelrat Holding AG Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hoevelrat Holding AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hoevelrat Holding AG'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 one times the annual (Dec. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.85% mean?
Hoevelrat Holding AG (HAM:C9T) has a Return-on-Tangible-Equity of 15.85% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hoevelrat Holding AG and its competitors. This is 76% above median its historical median of 9.01. Over the past decade, Hoevelrat Holding AG's Return-on-Tangible-Equity has ranged from 5.37 to 18.32. According to the industry distribution chart, Hoevelrat Holding AG ranks #446 out of 1589 companies in the Asset Management industry, placing it in the top 28.1%.
Is Hoevelrat Holding AG's Return-on-Tangible-Equity too high?
Hoevelrat Holding AG's current Return-on-Tangible-Equity of 15.85% is 76% above median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 18.32. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Hoevelrat Holding AG's value of 15.85% is 119.8% above this industry median. Based on the distribution chart, Hoevelrat Holding AG ranks #446 out of 1589 companies in the Asset Management industry, which is above the industry midpoint. Overall, Hoevelrat Holding AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoevelrat Holding AG's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Hoevelrat Holding AG ranks #446 out of 1589 companies for Return-on-Tangible-Equity. This puts Hoevelrat Holding AG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Hoevelrat Holding AG's value of 15.85% is 119.8% above this benchmark. Historically, Hoevelrat Holding AG's own Return-on-Tangible-Equity has ranged from 5.37 to 18.32 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 7.21, Hoevelrat Holding AG 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. Hoevelrat Holding AG's current Return-on-Tangible-Equity of 15.85% is 119.8% 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 Hoevelrat Holding AG and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoevelrat Holding AG's current Return-on-Tangible-Equity is 15.85%, which is 76% above median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoevelrat Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Hoevelrat Holding AG (HAM:C9T) is currently considered Possible Value Trap. The stock's GF Value™ is €22.86, compared to a current price of €6.60 — trading 71.1% below its estimated fair value. The current Return-on-Tangible-Equity is 15.85%, which is 76% above median its 10-year median of 9.01 and 119.8% above the Asset Management industry median of 7.21. Hoevelrat Holding AG's overall GF Score™ is 65/100 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 Hoevelrat Holding AG (HAM:C9T), the current Return-on-Tangible-Equity is 15.85% as of Dec. 2024. 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 Hoevelrat Holding AG (HAM:C9T) Overvalued in 2026?
Based on GuruFocus' analysis, Hoevelrat Holding AG stock appears to be undervalued.
The current stock price of €6.60 is trading 71.1% below its estimated GF Value™ of €22.86.
GuruFocus considers Hoevelrat Holding AG to be Possible Value Trap.
Key valuation signals for HAM:C9T:
Return-on-Tangible-Equity: 15.85% (76% above median its 10-year median of 9.01)
GF Value™: €22.86 vs. price of €6.60 (71.1% below fair value)
Industry Position: 119.8% above the Asset Management median (#446 of 1589)
No single metric tells the full story. See the HAM:C9T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.
65GF Score
Get the complete analysis for HAM:C9T
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