Himalaya ShippingHSHP +5.52%57 Return-on-Tangible-Equity is 12.60% as of Mar. 2026, which is 112% above its 10-year median of 5.94. GuruFocus rates HSHP with a GF Score™ of 57/100 and a GF Value™ of $13.72 (Fairly Valued). The stock has 9 warning signs investors should review. Among 974 Transportation companies, Himalaya Shipping ranks better than 75.87% 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. Himalaya Shipping's annualized net income for the quarter that ended in Mar. 2026 was $20.0 Mil. Himalaya Shipping's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $158.8 Mil. Therefore, Himalaya Shipping's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.60%.
The historical rank and industry rank for Himalaya Shipping's Return-on-Tangible-Equity or its related term are showing as below:
HSHP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.25 Med: 5.94 Max: 17.99
Current: 17.99
During the past 5 years, Himalaya Shipping's highest Return-on-Tangible-Equity was 17.99%. The lowest was -2.25%. And the median was 5.94%.
HSHP's Return-on-Tangible-Equity is ranked better than 75.87% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs HSHP: 17.99
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.
Himalaya Shipping Return-on-Tangible-Equity Related Terms
Himalaya Shipping Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Himalaya Shipping'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.
For the Marine Shipping subindustry, Himalaya Shipping'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.
Himalaya Shipping Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Himalaya Shipping's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Himalaya Shipping'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 12.60% mean?
Himalaya Shipping (HSHP) has a Return-on-Tangible-Equity of 12.60% 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 Himalaya Shipping and its competitors. This is 112% above median its historical median of 5.94. According to the industry distribution chart, Himalaya Shipping ranks #235 out of 974 companies in the Transportation industry, placing it in the top 24.1%.
Is Himalaya Shipping's Return-on-Tangible-Equity too high?
Himalaya Shipping's current Return-on-Tangible-Equity of 12.60% is 112% above median its 10-year median of 5.94. The Transportation industry median Return-on-Tangible-Equity is 8.99. Himalaya Shipping's value of 12.60% is 40.2% above this industry median. Based on the distribution chart, Himalaya Shipping ranks #235 out of 974 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Himalaya Shipping has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Himalaya Shipping's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Himalaya Shipping ranks #235 out of 974 companies for Return-on-Tangible-Equity. This places Himalaya Shipping in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Himalaya Shipping's value of 12.60% is 40.2% above this benchmark. While the company's 10-year median is 5.94 vs. the industry median of 8.99, Himalaya Shipping 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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. Himalaya Shipping's current Return-on-Tangible-Equity of 12.60% is 40.2% 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 Himalaya Shipping and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himalaya Shipping's current Return-on-Tangible-Equity is 12.60%, which is 112% above median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Shipping stock overvalued right now?
Based on GuruFocus' analysis, Himalaya Shipping (HSHP) is currently considered Fairly Valued. The stock's GF Value™ is $13.72, compared to a current price of $14.14 — trading 3.1% above its estimated fair value. The current Return-on-Tangible-Equity is 12.60%, which is 112% above median its 10-year median of 5.94 and 40.2% above the Transportation industry median of 8.99. Himalaya Shipping's overall GF Score™ is 57/100 with 9 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 Himalaya Shipping (HSHP), the current Return-on-Tangible-Equity is 12.60% 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 Himalaya Shipping (HSHP) Overvalued in 2026?
Based on GuruFocus' analysis, Himalaya Shipping stock appears to be overvalued.
The current stock price of $14.14 is trading 3.1% above its estimated GF Value™ of $13.72.
GuruFocus considers Himalaya Shipping to be Fairly Valued.
Key valuation signals for HSHP:
Return-on-Tangible-Equity: 12.60% (112% above median its 10-year median of 5.94)
GF Value™: $13.72 vs. price of $14.14 (3.1% above fair value)
Industry Position: 40.2% above the Transportation median (#235 of 974)
No single metric tells the full story. See the HSHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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