Hallenstein Glassons Holdings (NZSE:HLG) ROA %: 23.33% (As of Jan. 2026) — 37% Above Median


NZSE:HLG Hallenstein Glassons Holdings Ltd NZSE:HLG
94 GF Score
Price NZ$9.94
GF Value NZ$8.35
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hallenstein Glassons Holdings ROA %?

Hallenstein Glassons Holdings NZSE:HLG -0.80% 94 ROA % is 23.33% as of Jan. 2026, which is 37% above its 10-year median of 17.06. GuruFocus rates NZSE:HLG with a GF Score™ of 94/100 and a GF Value™ of NZ$8.35 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Hallenstein Glassons Holdings ranks better than 96.28% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. 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 Total Assets over the quarter that ended in Jan. 2026 was NZ$240.1 Mil. Therefore, Hallenstein Glassons Holdings's annualized ROA % for the quarter that ended in Jan. 2026 was 23.33%.

The historical rank and industry rank for Hallenstein Glassons Holdings's ROA % or its related term are showing as below:

NZSE:HLG' s ROA % Range Over the Past 10 Years
Min: 12.65   Med: 17.06   Max: 30.87
Current: 19.82

During the past 13 years, Hallenstein Glassons Holdings's highest ROA % was 30.87%. The lowest was 12.65%. And the median was 17.06%.

NZSE:HLG's ROA % is ranked better than
96.28% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 2.72 vs NZSE:HLG: 19.82

Hallenstein Glassons Holdings  (NZSE:HLG) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=56.014/240.06
=(Net Income / Revenue)*(Revenue / Total Assets)
=(56.014 / 550.39)*(550.39 / 240.06)
=Net Margin %*Asset Turnover
=10.18 %*2.2927
=23.33 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Hallenstein Glassons Holdings ROA % Related Terms


Hallenstein Glassons Holdings ROA % Historical Data

* Premium members only.

The historical data trend for Hallenstein Glassons Holdings's ROA % 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.

Hallenstein Glassons Holdings ROA % Chart

Hallenstein Glassons Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.22 12.65 15.68 16.36 17.53

Hallenstein Glassons Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.56 12.47 19.32 16.19 23.33

NZSE:HLG vs TJX, ROST, BURL: ROA % Comparison

For the Apparel Retail subindustry, Hallenstein Glassons Holdings's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Hallenstein Glassons Holdings's ROA % falls into.


NZSE:HLG
94GF Score
Hallenstein Glassons Holdings Ltd NZSE:HLG
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hallenstein Glassons Holdings ROA % Calculation

Hallenstein Glassons Holdings's annualized ROA % for the fiscal year that ended in Jul. 2025 is calculated as:

ROA %=Net Income (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=39.461/( (219.015+231.216)/ 2 )
=39.461/225.1155
=17.53 %

Hallenstein Glassons Holdings's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=56.014/( (231.216+248.904)/ 2 )
=56.014/240.06
=23.33 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 23.33% mean?
Hallenstein Glassons Holdings (NZSE:HLG) has a ROA % of 23.33% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hallenstein Glassons Holdings and its competitors. This is 37% above median its historical median of 17.06. Over the past decade, Hallenstein Glassons Holdings' ROA % has ranged from 12.65 to 30.87. According to the industry distribution chart, Hallenstein Glassons Holdings ranks #42 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 3.7%.
Is Hallenstein Glassons Holdings' ROA % too high?
Hallenstein Glassons Holdings' current ROA % of 23.33% is 37% above median its 10-year median of 17.06. Over the past 10 years, this metric has ranged from a low of 12.65 to a high of 30.87. The Retail - Cyclical industry median ROA % is 2.72. Hallenstein Glassons Holdings' value of 23.33% is 757.7% above this industry median. Based on the distribution chart, Hallenstein Glassons Holdings ranks #42 out of 1129 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 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallenstein Glassons Holdings' ROA % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Hallenstein Glassons Holdings ranks #42 out of 1129 companies for ROA %. This places Hallenstein Glassons Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 2.72. Hallenstein Glassons Holdings' value of 23.33% is 757.7% above this benchmark. Historically, Hallenstein Glassons Holdings' own ROA % has ranged from 12.65 to 30.87 over the past decade. While the company's 10-year median is 17.06 vs. the industry median of 2.72, 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 ROA % for a Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.72, based on 1,129 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hallenstein Glassons Holdings's current ROA % of 23.33% is 757.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hallenstein Glassons Holdings and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hallenstein Glassons Holdings's current ROA % is 23.33%, which is 37% above median its own 10-year median of 17.06. 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$8.35, compared to a current price of NZ$9.94 — trading 19% above its estimated fair value. The current ROA % is 23.33%, which is 37% above median its 10-year median of 17.06 and 757.7% above the Retail - Cyclical industry median of 2.72. Hallenstein Glassons Holdings' overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Hallenstein Glassons Holdings (NZSE:HLG), the current ROA % is 23.33% 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$9.94 is trading 19% above its estimated GF Value™ of NZ$8.35. GuruFocus considers Hallenstein Glassons Holdings to be Modestly Overvalued.

Key valuation signals for NZSE:HLG:

  • ROA %: 23.33% (37% above median its 10-year median of 17.06)
  • GF Value™: NZ$8.35 vs. price of NZ$9.94 (19% above fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 757.7% above the Retail - Cyclical median (#42 of 1129)

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

Address 235 - 237 Broadway, P.O. Box 91148, Level 3, Newmarket, Newmarket, Auckland, NZL, 1023
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.
94GF Score

Get the complete analysis for NZSE:HLG

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$9.94
Price
NZ$8.35
GF Value