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Hargreaves ServicesLSE:HSP -0.74%71 Return-on-Tangible-Equity is 11.44% as of Nov. 2025, which is 115% above its 10-year median of 5.31. GuruFocus rates LSE:HSP with a GF Score™ of 71/100 and a GF Value™ of £8.54 (Fairly Valued). The stock has 7 warning signs investors should review. Among 552 Conglomerates companies, Hargreaves Services ranks better than 64.49% 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. Hargreaves Services's annualized net income for the quarter that ended in Nov. 2025 was £22.1 Mil. Hargreaves Services's average shareholder tangible equity for the quarter that ended in Nov. 2025 was £192.8 Mil. Therefore, Hargreaves Services's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 11.44%.
The historical rank and industry rank for Hargreaves Services's Return-on-Tangible-Equity or its related term are showing as below:
LSE:HSP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.16 Med: 5.31 Max: 22.06
Current: 11.49
During the past 13 years, Hargreaves Services's highest Return-on-Tangible-Equity was 22.06%. The lowest was -8.16%. And the median was 5.31%.
LSE:HSP's Return-on-Tangible-Equity is ranked better than 64.49% of 552
companies
in the Conglomerates industry
Industry Median: 7.465
vs LSE:HSP: 11.49
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.
Hargreaves Services Return-on-Tangible-Equity Related Terms
Hargreaves Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hargreaves Services'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.
LSE:HSP vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Hargreaves Services'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.
Hargreaves Services Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hargreaves Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hargreaves Services'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 (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.44% mean?
Hargreaves Services (LSE:HSP) has a Return-on-Tangible-Equity of 11.44% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hargreaves Services and its competitors. This is 115% above median its historical median of 5.31. According to the industry distribution chart, Hargreaves Services ranks #196 out of 552 companies in the Conglomerates industry, placing it in the top 35.5%.
Is Hargreaves Services' Return-on-Tangible-Equity too high?
Hargreaves Services' current Return-on-Tangible-Equity of 11.44% is 115% above median its 10-year median of 5.31. The Conglomerates industry median Return-on-Tangible-Equity is 7.47. Hargreaves Services' value of 11.44% is 53.2% above this industry median. Based on the distribution chart, Hargreaves Services ranks #196 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hargreaves Services has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hargreaves Services' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hargreaves Services ranks #196 out of 552 companies for Return-on-Tangible-Equity. This puts Hargreaves Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.47. Hargreaves Services' value of 11.44% is 53.2% above this benchmark. While the company's 10-year median is 5.31 vs. the industry median of 7.47, Hargreaves Services 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 552 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. Hargreaves Services's current Return-on-Tangible-Equity of 11.44% is 53.2% 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 Hargreaves Services and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hargreaves Services's current Return-on-Tangible-Equity is 11.44%, which is 115% above median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hargreaves Services stock overvalued right now?
Based on GuruFocus' analysis, Hargreaves Services (LSE:HSP) is currently considered Fairly Valued. The stock's GF Value™ is £8.54, compared to a current price of £8.00 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.44%, which is 115% above median its 10-year median of 5.31 and 53.2% above the Conglomerates industry median of 7.47. Hargreaves Services' overall GF Score™ is 71/100 with 7 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 Hargreaves Services (LSE:HSP), the current Return-on-Tangible-Equity is 11.44% as of Nov. 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 Hargreaves Services (LSE:HSP) Overvalued in 2026?
Based on GuruFocus' analysis, Hargreaves Services stock appears to be undervalued.
The current stock price of £8.00 is trading 6.3% below its estimated GF Value™ of £8.54.
GuruFocus considers Hargreaves Services to be Fairly Valued.
Key valuation signals for LSE:HSP:
Return-on-Tangible-Equity: 11.44% (115% above median its 10-year median of 5.31)
GF Value™: £8.54 vs. price of £8.00 (6.3% below fair value)
Industry Position: 53.2% above the Conglomerates median (#196 of 552)
No single metric tells the full story. See the LSE:HSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services; Hargreaves Land; Unallocated and Hargreaves Raw Materials Services. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.
71GF Score
Get the complete analysis for LSE:HSP
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