Hamilton Insurance GroupHG +1.95%62 Return-on-Tangible-Equity is 19.88% as of Mar. 2026, which is 36% above its 10-year median of 14.64. GuruFocus rates HG with a GF Scoreâ„¢ of 62/100 and a GF Valueâ„¢ of $27.16 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 500 Insurance companies, Hamilton Insurance Group ranks better than 77.4% 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. Hamilton Insurance Group's annualized net income for the quarter that ended in Mar. 2026 was $534 Mil. Hamilton Insurance Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,687 Mil. Therefore, Hamilton Insurance Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.88%.
The historical rank and industry rank for Hamilton Insurance Group's Return-on-Tangible-Equity or its related term are showing as below:
HG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.04 Med: 14.64 Max: 24.73
Current: 24.73
During the past 6 years, Hamilton Insurance Group's highest Return-on-Tangible-Equity was 24.73%. The lowest was -6.04%. And the median was 14.64%.
HG's Return-on-Tangible-Equity is ranked better than 77.4% of 500
companies
in the Insurance industry
Industry Median: 13.515
vs HG: 24.73
Hamilton Insurance Group (NYSE:HG) 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.
Hamilton Insurance Group Return-on-Tangible-Equity Related Terms
Hamilton Insurance Group Return-on-Tangible-Equity Historical Data
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The historical data trend for Hamilton Insurance Group'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.
Hamilton Insurance Group Return-on-Tangible-Equity Chart
HG vs SPNT, GLRE, KG: Return-on-Tangible-Equity Comparison
For the Insurance - Reinsurance subindustry, Hamilton Insurance Group'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.
Hamilton Insurance Group Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Hamilton Insurance Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hamilton Insurance Group'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 19.88% mean?
Hamilton Insurance Group (HG) has a Return-on-Tangible-Equity of 19.88% 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 Hamilton Insurance Group and its competitors. This is 36% above median its historical median of 14.64. According to the industry distribution chart, Hamilton Insurance Group ranks #113 out of 500 companies in the Insurance industry, placing it in the top 22.6%.
Is Hamilton Insurance Group's Return-on-Tangible-Equity too high?
Hamilton Insurance Group's current Return-on-Tangible-Equity of 19.88% is 36% above median its 10-year median of 14.64. The Insurance industry median Return-on-Tangible-Equity is 13.52. Hamilton Insurance Group's value of 19.88% is 47.1% above this industry median. Based on the distribution chart, Hamilton Insurance Group ranks #113 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Hamilton Insurance Group has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Insurance Group's Return-on-Tangible-Equity compare to SPNT and GLRE?
According to the Insurance industry distribution chart, Hamilton Insurance Group ranks #113 out of 500 companies for Return-on-Tangible-Equity. This places Hamilton Insurance Group in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.52. Hamilton Insurance Group's value of 19.88% is 47.1% above this benchmark. While the company's 10-year median is 14.64 vs. the industry median of 13.52, Hamilton Insurance Group 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 500 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. Hamilton Insurance Group's current Return-on-Tangible-Equity of 19.88% is 47.1% 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-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 Hamilton Insurance Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hamilton Insurance Group's current Return-on-Tangible-Equity is 19.88%, which is 36% above median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Insurance Group (HG) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.16, compared to a current price of $34.44 — trading 26.8% above its estimated fair value. The current Return-on-Tangible-Equity is 19.88%, which is 36% above median its 10-year median of 14.64 and 47.1% above the Insurance industry median of 13.52. Hamilton Insurance Group's overall GF Score™ is 62/100 with 5 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 Hamilton Insurance Group (HG), the current Return-on-Tangible-Equity is 19.88% 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 Hamilton Insurance Group (HG) Overvalued in 2026?
Based on GuruFocus' analysis, Hamilton Insurance Group stock appears to be overvalued.
The current stock price of $34.44 is trading 26.8% above its estimated GF Value™ of $27.16.
GuruFocus considers Hamilton Insurance Group to be Modestly Overvalued.
Key valuation signals for HG:
Return-on-Tangible-Equity: 19.88% (36% above median its 10-year median of 14.64)
GF Value™: $27.16 vs. price of $34.44 (26.8% above fair value)
Industry Position: 47.1% above the Insurance median (#113 of 500)
No single metric tells the full story. See the HG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hamilton Insurance Group Ltd is a specialty insurance and reinsurance company. It operates globally, with underwriting operations in London, Dublin, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select, and Hamilton Re) that are categorized into two reporting business segments: International and Bermuda.
62GF Score
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