Huge Group (JSE:HUG) Return-on-Tangible-Equity: -0.77% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:HUG Huge Group Ltd JSE:HUG
49 GF Score
Price R0.91
GF Value R1.15
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Huge Group Return-on-Tangible-Equity?

Huge Group JSE:HUG 49 Return-on-Tangible-Equity is -0.77% as of Feb. 2026. GuruFocus rates JSE:HUG with a GF Score™ of 49/100 and a GF Value™ of R1.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,589 Asset Management companies, Huge Group ranks worse than 70.23% 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. Huge Group's annualized net income for the quarter that ended in Feb. 2026 was R-12.62 Mil. Huge Group's average shareholder tangible equity for the quarter that ended in Feb. 2026 was R1,629.57 Mil. Therefore, Huge Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -0.77%.

The historical rank and industry rank for Huge Group's Return-on-Tangible-Equity or its related term are showing as below:

JSE:HUG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.78   Med: 18.42   Max: 53.51
Current: 1.76

During the past 13 years, Huge Group's highest Return-on-Tangible-Equity was 53.51%. The lowest was -3.78%. And the median was 18.42%.

JSE:HUG's Return-on-Tangible-Equity is ranked worse than
70.23% of 1589 companies
in the Asset Management industry
Industry Median: 7.21 vs JSE:HUG: 1.76

Huge Group  (JSE:HUG) 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.


Huge Group Return-on-Tangible-Equity Related Terms


Huge Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Huge 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.

Huge Group Return-on-Tangible-Equity Chart

Huge Group Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.51 5.05 2.15 -3.78 1.77

Huge Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 3.99 -11.54 4.31 -0.77

JSE:HUG vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Huge 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.


Huge Group Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Huge Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Huge Group's Return-on-Tangible-Equity falls into.


JSE:HUG
49GF Score
Huge Group Ltd JSE:HUG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huge Group Return-on-Tangible-Equity Calculation

Huge Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=28.473/( (1597.994+1626.37 )/ 2 )
=28.473/1612.182
=1.77 %

Huge Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=-12.62/( (1632.777+1626.37)/ 2 )
=-12.62/1629.5735
=-0.77 %

* 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 (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -0.77% mean?
Huge Group (JSE:HUG) has a Return-on-Tangible-Equity of -0.77% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Huge Group and its competitors. According to the industry distribution chart, Huge Group ranks #1116 out of 1589 companies in the Asset Management industry, placing it in the top 70.2%.
Is Huge Group's Return-on-Tangible-Equity too high?
Huge Group's current Return-on-Tangible-Equity is -0.77%. Based on the distribution chart, Huge Group ranks #1116 out of 1589 companies in the Asset Management industry, which is below the industry midpoint. Overall, Huge Group has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Huge Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Huge Group ranks #1116 out of 1589 companies for Return-on-Tangible-Equity. This places Huge Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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. 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 Huge Group 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. Huge Group's current Return-on-Tangible-Equity is -0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huge Group stock overvalued right now?
Based on GuruFocus' analysis, Huge Group (JSE:HUG) is currently considered Modestly Undervalued. The stock's GF Value™ is R1.15, compared to a current price of R0.91 — trading 20.9% below its estimated fair value. The current Return-on-Tangible-Equity is -0.77%. Huge Group's overall GF Score™ is 49/100 with 3 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 Huge Group (JSE:HUG), the current Return-on-Tangible-Equity is -0.77% as of Feb. 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 Huge Group (JSE:HUG) Overvalued in 2026?

Based on GuruFocus' analysis, Huge Group stock appears to be undervalued. The current stock price of R0.91 is trading 20.9% below its estimated GF Value™ of R1.15. GuruFocus considers Huge Group to be Modestly Undervalued.

Key valuation signals for JSE:HUG:

  • Return-on-Tangible-Equity: -0.77%
  • GF Value™: R1.15 vs. price of R0.91 (20.9% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the JSE:HUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huge Group Business Description

Address 1 Melrose Boulevard, Unit 23, Melrose Arch, Johannesburg, GT, ZAF, 2076
Huge Group Ltd is an investment holding company. The Company offers a comprehensive suite of data, voice, network services, and ICT hardware solutions for corporate businesses, SMEs, and SOHO through business partners, resellers, and a direct sales team. It also provides cloud, connectivity, and related technology services for the Corporate, SMME, and Work-from-Home segments. Huge TNS offers a catalogue of products and services including Connectivity, Voice, SD-WAN Management, Connectivity Aggregation, Cyber Security, PBX, Cloud, and Hosting services, generating both annuity and usage-based revenue. The company segments are: Cloud and Connectivity, Software and xTech, and Distribution, with Cloud and Connectivity generating the maximum revenue.
49GF Score

Get the complete analysis for JSE:HUG

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.91
Price
R1.15
GF Value