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Hallenstein Glassons HoldingsNZSE:HLG +0.38%95 Return-on-Tangible-Equity is 48.55% as of Jan. 2026, which is 40% above its 10-year median of 34.68. GuruFocus rates NZSE:HLG with a GF Score™ of 95/100 and a GF Value™ of NZ$8.41 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Hallenstein Glassons Holdings ranks better than 86.48% 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. Hallenstein Glassons Holdings's annualized net income for the quarter that ended in Jan. 2026 was NZ$56.0 Mil. Hallenstein Glassons Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2026 was NZ$115.4 Mil. Therefore, Hallenstein Glassons Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 48.55%.
The historical rank and industry rank for Hallenstein Glassons Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:HLG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.15 Med: 34.68 Max: 43.53
Current: 40.78
During the past 13 years, Hallenstein Glassons Holdings's highest Return-on-Tangible-Equity was 43.53%. The lowest was 23.15%. And the median was 34.68%.
NZSE:HLG's Return-on-Tangible-Equity is ranked better than 86.48% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs NZSE:HLG: 40.78
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.
Hallenstein Glassons Holdings Return-on-Tangible-Equity Related Terms
Hallenstein Glassons Holdings Return-on-Tangible-Equity Historical Data
* 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.
NZSE:HLG vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison
For the Apparel Retail subindustry, Hallenstein Glassons Holdings'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.
Hallenstein Glassons Holdings Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hallenstein Glassons Holdings'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 48.55% mean?
Hallenstein Glassons Holdings (NZSE:HLG) has a Return-on-Tangible-Equity of 48.55% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hallenstein Glassons Holdings and its competitors. This is 40% above median its historical median of 34.68. Over the past decade, Hallenstein Glassons Holdings' Return-on-Tangible-Equity has ranged from 23.15 to 43.53. According to the industry distribution chart, Hallenstein Glassons Holdings ranks #144 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 13.5%.
Is Hallenstein Glassons Holdings' Return-on-Tangible-Equity too high?
Hallenstein Glassons Holdings' current Return-on-Tangible-Equity of 48.55% is 40% above median its 10-year median of 34.68. Over the past 10 years, this metric has ranged from a low of 23.15 to a high of 43.53. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Hallenstein Glassons Holdings' value of 48.55% is 474.6% above this industry median. Based on the distribution chart, Hallenstein Glassons Holdings ranks #144 out of 1065 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Hallenstein Glassons Holdings has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallenstein Glassons Holdings' Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Hallenstein Glassons Holdings ranks #144 out of 1065 companies for Return-on-Tangible-Equity. This places Hallenstein Glassons Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.45. Hallenstein Glassons Holdings' value of 48.55% is 474.6% above this benchmark. Historically, Hallenstein Glassons Holdings' own Return-on-Tangible-Equity has ranged from 23.15 to 43.53 over the past decade. While the company's 10-year median is 34.68 vs. the industry median of 8.45, Hallenstein Glassons Holdings 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,065 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. Hallenstein Glassons Holdings's current Return-on-Tangible-Equity of 48.55% is 474.6% 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 Hallenstein Glassons Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hallenstein Glassons Holdings's current Return-on-Tangible-Equity is 48.55%, which is 40% above median its own 10-year median of 34.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallenstein Glassons Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings (NZSE:HLG) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$8.41, compared to a current price of NZ$10.62 — trading 26.3% above its estimated fair value. The current Return-on-Tangible-Equity is 48.55%, which is 40% above median its 10-year median of 34.68 and 474.6% above the Retail - Cyclical industry median of 8.45. Hallenstein Glassons Holdings' overall GF Score™ is 95/100 with 5 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 Hallenstein Glassons Holdings (NZSE:HLG), the current Return-on-Tangible-Equity is 48.55% as of Jan. 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 Hallenstein Glassons Holdings (NZSE:HLG) Overvalued in 2026?
Based on GuruFocus' analysis, Hallenstein Glassons Holdings stock appears to be overvalued.
The current stock price of NZ$10.62 is trading 26.3% above its estimated GF Value™ of NZ$8.41.
GuruFocus considers Hallenstein Glassons Holdings to be Modestly Overvalued.
Key valuation signals for NZSE:HLG:
Return-on-Tangible-Equity: 48.55% (40% above median its 10-year median of 34.68)
GF Value™: NZ$8.41 vs. price of NZ$10.62 (26.3% above fair value)
Industry Position: 474.6% above the Retail - Cyclical median (#144 of 1065)
No single metric tells the full story. See the NZSE:HLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hallenstein Glassons Holdings Business Description
Hallenstein Glassons Holdings Ltd along with its subsidiaries is engaged in retailing men's and women's apparel. Its operating segment includes Glassons New Zealand; Glassons Australia; Hallenstein; Property and others. The company generates maximum revenue from the Glassons New Zealand segment.
95GF Score
Get the complete analysis for NZSE:HLG
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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