Holcim Ecuador (QUI:HLE) Return-on-Tangible-Equity: 24.44% (As of Dec. 2025) — 13% Below Median

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.

QUI:HLE Holcim Ecuador SA QUI:HLE
100 GF Score
Price $43.00
GF Value $52.83
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Holcim Ecuador Return-on-Tangible-Equity?

Holcim Ecuador QUI:HLE -12.23% 100 Return-on-Tangible-Equity is 24.44% as of Dec. 2025, which is 13% below its 10-year median of 28.19. GuruFocus rates QUI:HLE with a GF Score™ of 100/100 and a GF Value™ of $52.83 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 397 Building Materials companies, Holcim Ecuador ranks better than 90.68% 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. Holcim Ecuador's annualized net income for the quarter that ended in Dec. 2025 was $85.0 Mil. Holcim Ecuador's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $347.6 Mil. Therefore, Holcim Ecuador's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 24.44%.

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

QUI:HLE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.94   Med: 28.19   Max: 33.19
Current: 24.44

During the past 13 years, Holcim Ecuador's highest Return-on-Tangible-Equity was 33.19%. The lowest was 21.94%. And the median was 28.19%.

QUI:HLE's Return-on-Tangible-Equity is ranked better than
90.68% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs QUI:HLE: 24.44

Holcim Ecuador  (QUI:HLE) 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.


Holcim Ecuador Return-on-Tangible-Equity Related Terms


Holcim Ecuador Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Holcim Ecuador'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.

Holcim Ecuador Return-on-Tangible-Equity Chart

Holcim Ecuador Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.75 31.92 28.33 21.94 24.44

Holcim Ecuador Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 26.75 31.92 28.33 21.94 24.44

QUI:HLE vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Holcim Ecuador'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.


Holcim Ecuador Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim Ecuador's Return-on-Tangible-Equity distribution charts can be found below:

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


QUI:HLE
100GF Score
Holcim Ecuador SA QUI:HLE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holcim Ecuador Return-on-Tangible-Equity Calculation

Holcim Ecuador's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=84.959/( (379.435+315.783 )/ 2 )
=84.959/347.609
=24.44 %

Holcim Ecuador's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=84.959/( (379.435+315.783)/ 2 )
=84.959/347.609
=24.44 %

* 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 one times the 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 24.44% mean?
Holcim Ecuador (QUI:HLE) has a Return-on-Tangible-Equity of 24.44% 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 Holcim Ecuador and its competitors. This is 13% below median its historical median of 28.19. Over the past decade, Holcim Ecuador's Return-on-Tangible-Equity has ranged from 21.94 to 33.19. According to the industry distribution chart, Holcim Ecuador ranks #37 out of 397 companies in the Building Materials industry, placing it in the top 9.3%.
Is Holcim Ecuador's Return-on-Tangible-Equity too high?
Holcim Ecuador's current Return-on-Tangible-Equity of 24.44% is 13% below median its 10-year median of 28.19. Over the past 10 years, this metric has ranged from a low of 21.94 to a high of 33.19. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Holcim Ecuador's value of 24.44% is 383% above this industry median. Based on the distribution chart, Holcim Ecuador ranks #37 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Holcim Ecuador has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holcim Ecuador's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Holcim Ecuador ranks #37 out of 397 companies for Return-on-Tangible-Equity. This places Holcim Ecuador in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. Holcim Ecuador's value of 24.44% is 383% above this benchmark. Historically, Holcim Ecuador's own Return-on-Tangible-Equity has ranged from 21.94 to 33.19 over the past decade. While the company's 10-year median is 28.19 vs. the industry median of 5.06, Holcim Ecuador 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Holcim Ecuador's current Return-on-Tangible-Equity of 24.44% is 383% 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 Holcim Ecuador and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holcim Ecuador's current Return-on-Tangible-Equity is 24.44%, which is 13% below median its own 10-year median of 28.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holcim Ecuador stock overvalued right now?
Based on GuruFocus' analysis, Holcim Ecuador (QUI:HLE) is currently considered Modestly Undervalued. The stock's GF Value™ is $52.83, compared to a current price of $43.00 — trading 18.6% below its estimated fair value. The current Return-on-Tangible-Equity is 24.44%, which is 13% below median its 10-year median of 28.19 and 383% above the Building Materials industry median of 5.06. Holcim Ecuador's overall GF Score™ is 100/100 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 Holcim Ecuador (QUI:HLE), the current Return-on-Tangible-Equity is 24.44% 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 Holcim Ecuador (QUI:HLE) Overvalued in 2026?

Based on GuruFocus' analysis, Holcim Ecuador stock appears to be undervalued. The current stock price of $43.00 is trading 18.6% below its estimated GF Value™ of $52.83. GuruFocus considers Holcim Ecuador to be Modestly Undervalued.

Key valuation signals for QUI:HLE:

  • Return-on-Tangible-Equity: 24.44% (13% below median its 10-year median of 28.19)
  • GF Value™: $52.83 vs. price of $43.00 (18.6% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 383% above the Building Materials median (#37 of 397)

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


Holcim Ecuador Business Description

Other Exchanges HLE:Ecuador
Address Barcelona Avenue, San Eduardo I Urbanization, El Caiman Building, 2nd Floor, Guayaquil, ECU
Holcim Ecuador SA is an Ecuador-based company engaged in the manufacturing and production of clinker, cement, and concrete. The company offers products and services for road development, buildings, infrastructure, developments and residences, and agro-industrial solutions.
100GF Score

Get the complete analysis for QUI:HLE

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

$43.00
Price
$52.83
GF Value