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Hyprop InvestmentsJSE:HYP +0.34%62 Return-on-Tangible-Equity is 19.30% as of Dec. 2025, which is 182% above its 10-year median of 6.85. GuruFocus rates JSE:HYP with a GF Score™ of 62/100 and a GF Value™ of R25.85 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 931 REITs companies, Hyprop Investments ranks better than 86.25% 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. Hyprop Investments's annualized net income for the quarter that ended in Dec. 2025 was R4,894 Mil. Hyprop Investments's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R25,363 Mil. Therefore, Hyprop Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.30%.
The historical rank and industry rank for Hyprop Investments's Return-on-Tangible-Equity or its related term are showing as below:
JSE:HYP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.53 Med: 6.85 Max: 14.6
Current: 14.6
During the past 13 years, Hyprop Investments's highest Return-on-Tangible-Equity was 14.60%. The lowest was -15.53%. And the median was 6.85%.
JSE:HYP's Return-on-Tangible-Equity is ranked better than 86.25% of 931
companies
in the REITs industry
Industry Median: 6.26
vs JSE:HYP: 14.60
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.
Hyprop Investments Return-on-Tangible-Equity Related Terms
Hyprop Investments Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hyprop Investments'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.
JSE:HYP vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Hyprop Investments'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.
Hyprop Investments Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Hyprop Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hyprop Investments'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 19.30% mean?
Hyprop Investments (JSE:HYP) has a Return-on-Tangible-Equity of 19.30% 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 Hyprop Investments and its competitors. This is 182% above median its historical median of 6.85. According to the industry distribution chart, Hyprop Investments ranks #128 out of 931 companies in the REITs industry, placing it in the top 13.7%.
Is Hyprop Investments' Return-on-Tangible-Equity too high?
Hyprop Investments' current Return-on-Tangible-Equity of 19.30% is 182% above median its 10-year median of 6.85. The REITs industry median Return-on-Tangible-Equity is 6.26. Hyprop Investments' value of 19.30% is 208.3% above this industry median. Based on the distribution chart, Hyprop Investments ranks #128 out of 931 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hyprop Investments has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hyprop Investments' Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Hyprop Investments ranks #128 out of 931 companies for Return-on-Tangible-Equity. This places Hyprop Investments in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.26. Hyprop Investments' value of 19.30% is 208.3% above this benchmark. While the company's 10-year median is 6.85 vs. the industry median of 6.26, Hyprop Investments 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 931 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. Hyprop Investments's current Return-on-Tangible-Equity of 19.30% is 208.3% 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 Hyprop Investments and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyprop Investments's current Return-on-Tangible-Equity is 19.30%, which is 182% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyprop Investments stock overvalued right now?
Based on GuruFocus' analysis, Hyprop Investments (JSE:HYP) is currently considered Significantly Overvalued. The stock's GF Value™ is R25.85, compared to a current price of R58.32 — trading 125.6% above its estimated fair value. The current Return-on-Tangible-Equity is 19.30%, which is 182% above median its 10-year median of 6.85 and 208.3% above the REITs industry median of 6.26. Hyprop Investments' overall GF Score™ is 62/100 with 10 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 Hyprop Investments (JSE:HYP), the current Return-on-Tangible-Equity is 19.30% 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 Hyprop Investments (JSE:HYP) Overvalued in 2026?
Based on GuruFocus' analysis, Hyprop Investments stock appears to be overvalued.
The current stock price of R58.32 is trading 125.6% above its estimated GF Value™ of R25.85.
GuruFocus considers Hyprop Investments to be Significantly Overvalued.
Key valuation signals for JSE:HYP:
Return-on-Tangible-Equity: 19.30% (182% above median its 10-year median of 6.85)
GF Value™: R25.85 vs. price of R58.32 (125.6% above fair value)
Industry Position: 208.3% above the REITs median (#128 of 931)
No single metric tells the full story. See the JSE:HYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hyprop Investments Ltd is a retail-focused real estate investment trust. It owns and manages a portfolio of retail centres in mixed-use precincts, located in prime economic nodes in South Africa and Eastern Europe. It focuses on creating spaces and connecting people. The company's business segments include: South Africa, Eastern Europe, and Sub-Saharan Africa. The company generates the majority of its revenue in the form of lease revenue, prominently from the South Africa segment.
62GF Score
Get the complete analysis for JSE:HYP
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