Howden Joinery GroupHWDJY -9.01%84 Return-on-Tangible-Equity is 32.96% as of Dec. 2025, which is 12% below its 10-year median of 37.31. GuruFocus rates HWDJY with a GF Score™ of 84/100 and a GF Value™ of $46.94 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Howden Joinery Group ranks better than 90.02% 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. Howden Joinery Group's annualized net income for the quarter that ended in Dec. 2025 was $477 Mil. Howden Joinery Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,447 Mil. Therefore, Howden Joinery Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.96%.
The historical rank and industry rank for Howden Joinery Group's Return-on-Tangible-Equity or its related term are showing as below:
HWDJY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.94 Med: 37.31 Max: 46.01
Current: 24.96
During the past 13 years, Howden Joinery Group's highest Return-on-Tangible-Equity was 46.01%. The lowest was 22.94%. And the median was 37.31%.
HWDJY's Return-on-Tangible-Equity is ranked better than 90.02% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs HWDJY: 24.96
Howden Joinery Group (OTCPK:HWDJY) 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.
Howden Joinery Group Return-on-Tangible-Equity Related Terms
Howden Joinery Group Return-on-Tangible-Equity Historical Data
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The historical data trend for Howden Joinery 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.
Howden Joinery Group Return-on-Tangible-Equity Chart
HWDJY vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.
Howden Joinery Group Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Howden Joinery 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.96% mean?
Howden Joinery Group (HWDJY) has a Return-on-Tangible-Equity of 32.96% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Howden Joinery Group and its competitors. This is 12% below median its historical median of 37.31. Over the past decade, Howden Joinery Group's Return-on-Tangible-Equity has ranged from 22.94 to 46.01. According to the industry distribution chart, Howden Joinery Group ranks #42 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 10%.
Is Howden Joinery Group's Return-on-Tangible-Equity too high?
Howden Joinery Group's current Return-on-Tangible-Equity of 32.96% is 12% below median its 10-year median of 37.31. Over the past 10 years, this metric has ranged from a low of 22.94 to a high of 46.01. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Howden Joinery Group's value of 32.96% is 548.8% above this industry median. Based on the distribution chart, Howden Joinery Group ranks #42 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Howden Joinery Group has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Howden Joinery Group's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Howden Joinery Group ranks #42 out of 421 companies for Return-on-Tangible-Equity. This places Howden Joinery Group in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Howden Joinery Group's value of 32.96% is 548.8% above this benchmark. Historically, Howden Joinery Group's own Return-on-Tangible-Equity has ranged from 22.94 to 46.01 over the past decade. While the company's 10-year median is 37.31 vs. the industry median of 5.08, Howden Joinery 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 a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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. Howden Joinery Group's current Return-on-Tangible-Equity of 32.96% is 548.8% 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 Howden Joinery Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howden Joinery Group's current Return-on-Tangible-Equity is 32.96%, which is 12% below median its own 10-year median of 37.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howden Joinery Group stock overvalued right now?
Based on GuruFocus' analysis, Howden Joinery Group (HWDJY) is currently considered Modestly Undervalued. The stock's GF Value™ is $46.94, compared to a current price of $40.29 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Equity is 32.96%, which is 12% below median its 10-year median of 37.31 and 548.8% above the Furnishings, Fixtures & Appliances industry median of 5.08. Howden Joinery Group's overall GF Score™ is 84/100 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 Howden Joinery Group (HWDJY), the current Return-on-Tangible-Equity is 32.96% as of Dec. 2025. 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 Howden Joinery Group (HWDJY) Overvalued in 2026?
Based on GuruFocus' analysis, Howden Joinery Group stock appears to be undervalued.
The current stock price of $40.29 is trading 14.2% below its estimated GF Value™ of $46.94.
GuruFocus considers Howden Joinery Group to be Modestly Undervalued.
Key valuation signals for HWDJY:
Return-on-Tangible-Equity: 32.96% (12% below median its 10-year median of 37.31)
GF Value™: $46.94 vs. price of $40.29 (14.2% below fair value)
Industry Position: 548.8% above the Furnishings, Fixtures & Appliances median (#42 of 421)
No single metric tells the full story. See the HWDJY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howden Joinery Group Plc is the UK's specialist trade-only kitchen and joinery supplier, focused on serving trade customers through an in-stock, local depot model supported by UK manufacturing, sourcing, and distribution. The Company designs, manufactures, and sources kitchen and joinery products, including cabinets, cabinet frontals, worktops, and skirting boards, and supplies a multiple products such as appliances, joinery, flooring, and hardware necessary to complete any kitchen, along with design, planning, and support services to trade customers. The business operates as a trade-only, in-stock kitchen and joinery supply model supported by manufacturing, sourcing, and distribution operations. It generates the majority of its revenue from the UK.
84GF Score
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