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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. Hagag Europe Development Z.F's annualized net income for the quarter that ended in Jun. 2026 was ₪-290.92 Mil. Hagag Europe Development Z.F's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₪241.93 Mil. Therefore, Hagag Europe Development Z.F's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -120.25%.
The historical rank and industry rank for Hagag Europe Development Z.F's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:HGGE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.77 Med: -5.41 Max: 82.54
Current: -31.3
During the past 9 years, Hagag Europe Development Z.F's highest Return-on-Tangible-Equity was 82.54%. The lowest was -47.77%. And the median was -5.41%.
XTAE:HGGE's Return-on-Tangible-Equity is ranked worse than 92.74% of 1722
companies
in the Real Estate industry
Industry Median: 4.415
vs XTAE:HGGE: -31.30
Hagag Europe Development Z.F (XTAE:HGGE) 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.
Hagag Europe Development Z.F Return-on-Tangible-Equity Related Terms
Hagag Europe Development Z.F 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.
Hagag Europe Development Z.F Return-on-Tangible-Equity Chart
Hagag Europe Development Z.F Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Hagag Europe Development Z.F'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.
Hagag Europe Development Z.F Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hagag Europe Development Z.F's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hagag Europe Development Z.F'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 four times the quarterly (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -120.25% mean?
Hagag Europe Development Z.F (XTAE:HGGE) has a Return-on-Tangible-Equity of -120.25% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hagag Europe Development Z.F and its competitors. According to the industry distribution chart, Hagag Europe Development Z.F ranks #1597 out of 1722 companies in the Real Estate industry, placing it in the top 92.7%.
Is Hagag Europe Development Z.F's Return-on-Tangible-Equity too high?
Hagag Europe Development Z.F's current Return-on-Tangible-Equity is -120.25%. Based on the distribution chart, Hagag Europe Development Z.F ranks #1597 out of 1722 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Hagag Europe Development Z.F has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hagag Europe Development Z.F's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Hagag Europe Development Z.F ranks #1597 out of 1722 companies for Return-on-Tangible-Equity. This places Hagag Europe Development Z.F in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.42. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.42, based on 1,722 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 Hagag Europe Development Z.F and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hagag Europe Development Z.F's current Return-on-Tangible-Equity is -120.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagag Europe Development Z.F stock overvalued right now?
Based on GuruFocus' analysis, Hagag Europe Development Z.F (XTAE:HGGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪19.57, compared to a current price of ₪15.95 — trading 18.5% below its estimated fair value. The current Return-on-Tangible-Equity is -120.25%. Hagag Europe Development Z.F's overall GF Score™ is 75/100 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 Hagag Europe Development Z.F (XTAE:HGGE), the current Return-on-Tangible-Equity is -120.25% as of Jun. 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 Hagag Europe Development Z.F (XTAE:HGGE) Overvalued in 2026?
Based on GuruFocus' analysis, Hagag Europe Development Z.F stock appears to be undervalued.
The current stock price of ₪15.95 is trading 18.5% below its estimated GF Value™ of ₪19.57.
GuruFocus considers Hagag Europe Development Z.F to be Modestly Undervalued.
Key valuation signals for XTAE:HGGE:
Return-on-Tangible-Equity: -120.25%
GF Value™: ₪19.57 vs. price of ₪15.95 (18.5% below fair value)
No single metric tells the full story. See the XTAE:HGGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hagag Europe Development Z.F Ltd is engaged in entrepreneurial real estate and investment real estate in Romania. Its projects includes H Pipera Lake, and H Pipera Forest, H Victoriei 139 among others.
75GF Score
Get the complete analysis for XTAE:HGGE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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